Marketparts.com, automotive parts: the world’s first digital B2B marketplace for automotive parts manufacturers and distributors. The world’s first digital B2B marketplace for automotive parts manufacturers and distributors – Marketparts.com – has been launched at Equip Auto Paris, the international trade show for aftermarkets sales and services.
Marketparts.com creates a unique opportunity for distributors of all sizes, wherever they are in the world, to directly access the products of global parts manufacturers at the best price, availability and service conditions.
Christophe Riberolle, founder of Marketparts.com, said: “This is bringing something genuinely new and exciting to the aftermarket. It is a huge opportunity for manufacturers and distributors in a marketplace valued at 700 billion euros annually. Marketparts.com is 100% designed for all players involved in automotive spare parts distribution worldwide. The approach is unique, open and innovative, and we believe it will quickly become a standard.”
Marketparts.com offers two distinct services:
1. A global sourcing platform for all types of distributors, including warehouse distributors, retailers and pure digital players
2. A sales and destocking platform for distributors and parts manufacturers
The Marketparts.com business model is based on subscription fees paid by the buyers and sellers to access this global sourcing platform.
Following 16 months successful proof of concept within the NEXUS Automotive International distributors network, Marketparts.com was fully spun-off as a standalone business to address the entire global aftermarket.
Some 3 million euros in funding was raised from international investors, which will allow Marketparts.com to invest in its IT in order to implement new features on the digital platform. Additional staff will also be recruited to ensure its global commercial deployment by the end of 2020.
Christophe Riberolle is an experienced leader with a successful aftermarket digital background as former Director of International Development for Mister Auto, Europe’s leading spare parts sales website.
He is supported by Dr Christian Macht, formerly CSO Europe of Rakuten, who brings a unique digital strategic vision. With their expertise in sourcing and digital technology and in-depth knowledge of the global aftermarket, Marketparts.com’s management team has a perfect grasp of the fundamentals of this innovative project.