Office Depot and Alibaba announced that they will be joining hand for a partnership. This announcement was made on Monday. Both of the firms are aiming at the empowerment of the small and medium sized firms in the United States. These SMBs are likely to nurture if they are able to benefit from the worldwide Business to Business e-commerce platform.
This collaboration within the 2 firms would boost the firms’ strength towards this empowerment of the SMBs in the United States. The Office Depot has over 10 million business customers in the United Stated, whereas Alibaba possess more than 150 thousand suppliers in a wide range of services falling into different categories.
Through this agreement, Both of these business tycoons have been able to form a new co-brand resulting from the collaboration, this new co-brand would be an online destination. This marketplace would be on the domain of Alibaba. This would be helping the small and medium sized businesses in accessing the worldwide network of suppliers that Alibaba has.
The partnership aims at enhancing the sales and customer support based in the US as well as driving the Small and Medium Businesses acceptance.
If this proves to be successful, more collaboration between the firms could be seen in the near future.
According to the CEO of Office Depot Incorporation, Mr. Garry Smith: “As a trusted partner to millions of businesses, our customers tell us they want more choice in the market and need an expanded set of products and services to help their businesses grow. We believe our collaboration with Alibaba.com is exactly what they are asking for,”
He continued on with: “Leveraging Office Depot’s trusted brand, local presence, and national supply chain distribution network with Alibaba’s global supplier network and well-known capabilities in serving SMBs, U.S. businesses can now access a wide array of products and services through Office Depot and Alibaba.com’s collaboration, which will empower them to compete and thrive. Through this initial phase of work together with Alibaba.com, we intend to grow our collaboration in ways that will drive even greater value and choice for our current and future customers.”