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A vertical marketplace sells merchandise from many sources however they’re all of 1 type. For example, sells solely jewellery and associated merchandise. The positioning does the essential job of guaranteeing authenticity and since jewellery is such a high-ticket item, that is an essential worth-add. I just recently met Tirath Kamdar, the Founder and CEO of TrueFacet, at a conference called ShopTalk , which payments itself as ‘the nextgen commerce occasion’ for retailers. Kamdar believes TrueFacet is ‘creating the VIN of the jewellery commerce.’ By giving each bit of jewelry a singular identifier when it’s listed on the placement, TrueFacet offers worth by verifying the authenticity of a product.
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