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Best Buy Canada creates a platform for growth with a Marketplace powered by Mirakl
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With a marketplace, Best Buy Canada brings immense value to Canadian shoppers, who are underserved online and often must rely on international e-commerce sites to purchase goods, leading to inflated prices and longer shipping times. By increasing our online selection, we provide the convenience of an omni-channel experience to Canadian shoppers and help them embrace eCommerce by finding the products they are looking for directly from a retailer operating in Canada.
- x3SKU counts
- x200faster to get new products to market
- +75%customers who buy marketplace products and Best Buy products
![Thierry Hay-Sabourin](png/image-69.png)
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Marketplace project
Context and objectives
Canadian consumers have traditionally been underserved online, without enough options to find a broad selection of products at competitive prices. Best Buy Canada, as one of the most visited sites in all of Canada, wanted to use its trusted brand name to give shoppers a wider array of choices and a better customer experience. To better serve Canadian customers online and keep them from going abroad for a wide array of product choices, Best Buy Canada chose to launch an online marketplace powered by Mirakl.
Why Mirakl?
Given competitive pressures from the likes of Amazon, it was important that Best Buy Canada get its marketplace launched and operational quickly. Time to market would be a major component of success. The company considered building the marketplace technology platform itself, but then found Mirakl. Mirakl’s Marketplace Platform is purpose-built by those who have run marketplaces in the past. Mirakl automates the hard things so that retailers can focus on their core business functions.
Marketplace results
Best Buy Canada reaps multiple benefits from its marketplace:
Significant contribution to growth
Testing of new products & categories
Free customer acquisition
Fast time to value
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Marketplace results
x2
catalog extension
+35
brands onboarded through careful selection process
5
new product categories launched
2
only 2 people dedicated to marketplace management
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Related resources
See all resources- VideoMarch 22, 2022View online
- blog
Phone House adds $1M in new sales in just 2 months with its Marketplace
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