As part of the partnership, Dallas Market Center will support RepTime’s total operations including its software solutions uniting manufacturers, sales teams, and retailers. Further, RepTime will be rebranded as MarketTime, reflecting its position as a 24/7 market solution and omnichannel marketplace platform supporting the complete B2B ecosystem.
The B2B e-commerce marketplace will allow buyers to discover thousands of products from leading brands across a wide range of product categories as well as place product orders with confidence. Sellers will be able to reach more customers around the clock, expand their reach to new customers, and manage customer orders efficiently.
MarketTime’s growth trajectory of 25 percent per year has coincided with the development and advancement of strategic solutions for the gift, home, toy, apparel and accessories, housewares, and outdoor living industries. MarketTime currently facilitates more than $1 billion in transactions annually while serving more than 1,700 manufacturers, 300 sales agencies, 3,500 sales representatives, and more than 75,000 retailers. The company also supports a growing and highly nimble software development team and an award-winning customer service team recognized as quick and invested in customer success.
“Our business is year-round, unlike other marketplaces that only support periodic events, and we have long understood the need for improved year-round B2B software solutions,” said Cindy Morris, president and CEO of Dallas Market Center. “So, we are thrilled to have the opportunity to work with a team that leverages industry experience with an unparalleled and superior platform delivering a new level of 24/7 business. Manufacturers, sales agencies and retailers are confronting increasing competition and tremendous pressure to work more efficiently. At the same time, they commonly report that their existing solutions are a patchwork of applications that aren’t integrated and consequently don’t communicate effectively. MarketTime’s new solution, available today and not aspirational, is seamlessly integrated, secure, and has already been adopted by leading companies. Given the current business challenges we are inspired by this opportunity to work with MarketTime to help deliver clarity, efficiency, confidence and growth for buyers and sellers.”
“This is a tremendous opportunity to work together to help more companies succeed for the long-term,” added Hemal Patel, founder and CEO of MarketTime. “I’ve built a loyal customer community of more than 80,000 users across many industries by creating solutions that are intuitive to use, yet powerful; flexible and scalable; that maintain privacy protocols and safeguard sales data. But most importantly our platform simplifies business management and drives growth. That’s why I’m so pleased with our new solutions and with this partnership. Dallas Market Center not only gets it, they are committed to accelerating MarketTime’s leadership position to serve more customers with a superior platform.”