A vertical market sells merchandise from many sources nevertheless they’re all of 1 sort. As an example, sells only jewellery and associated merchandise. The positioning does the vital job of guaranteeing authenticity and since jewelry is such a high-ticket merchandise, that’s an essential worth-add. I just lately met Tirath Kamdar, the Founder and CEO of TrueFacet, at a conference known as ShopTalk ,Â which bills itself as â€˜the nextgen commerce occasion’ for retailers. Kamdar believes TrueFacet is â€˜creating the VIN of the jewelry industry.’ By giving every bit of jewellery a singular identifier when it is listed on the positioning, TrueFacet provides price by verifying the authenticity of a product.
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