Dallas Market Center and RepTime Announce Partnership
—Software company to rebrand as MarketTime; supporting new, interoperable and secure B2B management suite plus e-commerce marketplace—
DALLAS – August 31, 2020 – Dallas Market Center, the largest lifestyle marketplace in North America, and RepTime, the provider of best-in-class B2B software as a service (SaaS) solutions, have formed a partnership supporting RepTime’s total operations including its software solutions uniting manufacturers, sales teams and retailers. As part of the partnership announcement, RepTime will be rebranded as MarketTime, reflecting their position as a 24-7 market solution and omni-channel marketplace platform supporting the complete B2B ecosystem.
MarketTime’s solutions are the only fully integrated cloud-based applications available to customers anywhere, anytime that fulfill three key needs: making product discovery and ordering easier, making organizing and sharing information intuitive and secure, and saving time and money.
Cindy Morris, president and CEO of Dallas Market Center adds: “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. 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.”
Said Hemal Patel, founder and CEO of MarketTime: “This is a tremendous opportunity to work together to help more companies succeed for the long-term. 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.”
A Comprehensive Solution with Easy Set-Up, Clear Advantages
The MarketTime advantages are threaded throughout its platform for manufacturers, sales teams, and retailers. First and foremost, the solution serves customers 24/7 via a single, interoperable, cloud-based platform that’s easy to set-up and get started. In fact, anyone transitioning from an existing platform will be able to do so with a simple data exchange. Furthermore, the company has efficiently solved for a number of challenges including management and security of data, order transmission and tracking, expanding sales territories, customer service, and commission processing.
· For manufacturers, this includes managing sales orders and product data, promotions, shipping information, and useful documents for approved sales agencies and their salespeople.
· For sales teams including agencies and sales representatives this includes tools for shared data to generate sales orders, track invoicing and commissions and managing back office tasks.
· For retailers this includes sales tracking, new resource discovery and review, and placing orders through a B2B e-commerce marketplace to debut in Q4 2020.
The B2b e-commerce marketplace will allow buyers to discover thousands of products from leading brands across a wide range 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.
Sustained Company Growth
MarketTime’s growth trajectory of 25% 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 1700 manufacturers, 300 sales agencies, 3500 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.
Valued Customer Partners
MarketTime’s expanding customer list include manufacturers such as Mattel, Fisher Price, and Aurora World; sales agencies across multiple industries including Diverse Marketing, NextGen Dallas, Brad Hughes & Associates, GRACE by Catherine Sullivan, Indigo Agency, and In-Detail. Their partnerships are long-standing, their ability to increase sales the first year can be as high as 30% year over year, and customer praise is consistent:
“We are a 20 year customer and we have grown our business with RepTime’s support. That’s because the platforms that RepTime, and now MarketTime, have built work seamlessly and immediately—even when new software and hardware are introduced. Believe me when I say MarketTime has the best customer service, bar none. I have and will continue to recommend MarketTime to anyone who wants technology that works!” – Kim Pettigrew, co-owner, In-Detail
“My business partner and I trust MarketTime to the fullest. Their solution is superior and they service and support all our technology needs. We can’t imagine using anything else.” – Brad Hughes, co-owner, Brad Hughes & Associates
“Diverse Marketing relies on MarketTime because they deliver all the tools our group needs to succeed in the sales industry.” – Wes Hardin, president, Diverse Marketing
“Their solutions keep our business going across dozens of vendors and 13 territory reps. MarketTime keeps our groups well-organized and secure.” – Kim Pounds, owner, NextGen Dallas
Support for Expansion
To help support the accelerated demand for RepTime’s new solutions, a MarketTime Experience Center will launch inside Dallas Market Center for one-on-one and virtual introductions, onboarding and training throughout the year including major trade events. Finally, in the coming months MarketTime will be adding additional personnel to serve the expected influx of new customers. For more information including the latest news visit their legacy website: www.reptime.com.
As more buyers seek products across all lifestyle categories, Dallas Market Center continues to be the most complete marketplace of best-selling and one-of-a-kind products including gift, home décor, lighting, holiday and floral, gourmet and housewares, and fashion. Among Dallas Market Center’s leadership positions: the largest residential lighting marketplace in North America; the largest and most successful open-daily design center; dominant trade events for gift, home décor, holiday and floral; and the nation’s most comprehensive apparel and accessories marketplace featuring the latest styles from East Coast and West Coast designers. Centrally located within a short travel time from any location in the U.S. and Latin America, the marketplace is also situated in the strongest economic zone in the U.S.
About Dallas Market Center
Dallas Market Center is a global business-to-business trade center and the leading wholesale marketplace in North America for lifestyle products including western apparel and accessories, home décor, furniture, gifts, lighting and fashion for women, men, and children. Inside its dynamic, five million square foot campus near downtown Dallas, nearly 200,000 customers, including retailers and interior designers from all 50 states and 85 countries, seek industry trends, business education and new products via open-daily showrooms and from exhibitors participating in trade events held throughout the year. The Dallas Market Center website is available at dallasmarketcenter.com.