eBay Inc (NASDAQ:EBAY) and Ace Hardware Enter Into a Partnership To Offer Efficient In-Store Pickup Facility

Posted In Technology - By Linda Barnes On Friday, September 19th, 2014 With 0 Comments

Dallas, Texas 09/19/2014 (ustradevoice) – According to reports, eBay Inc (NASDAQ:EBAY) has entered into a partnership with Ace Hardware in order to strengthen its omnichannel initiative with the complete help of eBay Enterprise In-Store Pickup.

Insights of this partnership deal:

Recently a research was conducted by Forrester Research, Inc., in which it stated that the enterprise store fulfillment solutions provided by eBay Inc (NASDAQ:EBAY) were best in the market. Ace Hardware is one of those new generation companies that are facing a lot of competition in the market. It wants to take its offerings on the next level, drive its sales across the country and acquire new and potential customers. The company wants to grow at a good speed, and that’s the main reason it wants EBAY to enhance its omnichannel capabilities.

It’s not the first time when both the companies have decided to come forward and join hands together. They both came together last year as well in order to pilot the in-store pickup program of Ace Hardware. The initial implementation of this program included 36 stores across the country. The cloud-based solution further added around 50 stores each month on an average. Ace has complete trust in the capabilities of eBay Inc (NASDAQ:EBAY)’s enterprise solution as the company experienced its efficiency some time back. By the end of July, EBAY’s in-store pickup program was implemented in more than 500 stores of ACE across the country. With the help of this program, ACE has experienced average lift in the e-commerce sales of around 18%-20% over the past few months. Not only did its e-commerce sales increased, but also it managed to add many new customers over the same time, which further helped it increase the overall sales figures. The management of ACE feels that the impeccable growth that the company has witnessed in terms of sales and customer acquisition, would not be possible had eBay Inc (NASDAQ:EBAY) didn’t provide its support.

About the Author

- Linda Barnes is known for her in-depth politics and economic reporting on national and international news related to finance.

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