Founder of Nordstrom.com, President of Magento joins company as Marketplacer’s Technology Reshapes Retail Landscape

Marketplacer, a global technology platform that enables brands, retailers, suppliers, communities and innovators to easily build and grow successful online marketplaces at scale, announced today that industry veteran, Bob Schwartz, has been added to the Board of Directors. Schwartz is a serial commerce company builder and brings significant eCommerce and technology experience to Marketplacer at an exciting time in the company’s growth curve that includes a recent partnership with Salesforce, and investment from Salesforce Ventures, to support expansion efforts and customer pipeline.

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eCommerce Industry Veteran Bob Schwartz Joins Marketplacer Board of Directors; Founder of Nordstrom.com, President of Magento joins company as Marketplacer’s Technology Reshapes Retail Landscape (Photo: Business Wire)

Bob Schwartz’s extensive and successful track record of building technology and consumer-facing commerce companies speaks for itself. He was instrumental in the founding and market domination of some of the most successful, and industry-shifting, eCommerce and technology companies, several of which are now valued at over $1 billion. Most notably Schwartz was an early member of the Magento team, culminating with the $1.7 billion acquisition by Adobe.

Schwartz has helped guide and build multiple commerce technology companies including: Nordstrom.com; Wpromote, a leading digital performance agency; ONEHOPE Wine, a socially responsible vineyard and wine marketplace; and Good360.org, a leading marketplace of goods for non-profits.

“I’ve known Jason and have been following Marketplacer for years - I’m excited to join at this time of incredible fast growth for the company,” said Schwartz. “I’ve brought several eCommerce technologies to market and I know the qualities of a successful game changing company and Marketplacer has them all; great leadership, team, culture and, of course, powerful technology that all companies can easily leverage to enable their own success, drive significant growth and change market dynamics.”

“Like Larry Bird was for the Celtics, Bob's a game changer for Marketplacer in ensuring we scale fast,” said Jason Wyatt, Executive Chairman and Co-Founder of Marketplacer. “Bob's appointment further demonstrates the talented humans that want to be part of our global momentum story.”

Marketplacer founders Jason Wyatt and Sam Salter launched BikeExchange, a global marketplace for everything bike in 2007 in Australia that was just this year listed on the Australian Stock Exchange (ASX). In the tradition of other innovative Australian technology companies like Atlassian, Canva and others, Jason and Sam leveraged their powerful technology and expertise to create Marketplacer, a technology company delivering innovative marketplace technology to other markets and industries and have since helped to build more than 100 global marketplaces.

About Marketplacer

Marketplacer is a global technology Software as a Service (SaaS) platform equipped with all the tools and functionality needed to build a successful and scalable online marketplace, at speed. To date, Marketplacer has helped over 95 businesses build and deploy their very own successful marketplace strategies and connected over 25,000 businesses worldwide. The Marketplacer platform exists to make growth simple, from implementing marketplace strategies such as shipment from drop-ship sellers, adding new categories or third-party range extension, through to consolidating markets and rolling out modern revenue models such as recurring memberships that allow businesses to grow faster and beyond the constraints of capital inventory.

Born and bred from the award-winning BikeExchange, the biggest online marketplace for anything and everything bike, founders Jason Wyatt and Sam Salter saw the opportunity to license the online software platform and apply it to new marketplaces. Marketplacer is responsible for the creation of online eCommerce solutions and business transformations of companies around the world. Visit www.marketplacer.com for more information.

About Bob Schwartz

CEO of 47B Street whose mission is to ‘enable others’ success in life and business.’ Bob Schwartz is a successful serial company builder & leader of technology and consumer-facing commerce companies. He has created billions in value and exits for shareholders and founders, including two multi-billion dollar companies.

His focus is early growth and growth stage companies and driving real value creation for his companies, shareholders and founders and have resulted in an impressive track record of acquisitions by Amazon, eBay, Adobe, Nordstrom, Packard Bell, First American, Cendant, Aetna, and others. Schwartz led the birth of Nordstrom.com, and the growth of Magento to 30% global market share and directed its sale to eBay. Schwartz’s current companies are: Wpromote, a leading digital performance agency; Good360.org, a top 20 not for profit; Sundance Group; Matilda Jane Clothing; and ONEHOPE Wine. More information can be found at http://www.47BStreet.com.

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