The Business Move
Wayfair has played a masterstroke by putting its dollars in a judicious way to buy DwellStudio. The latter is a name to reckon with as it sells products in over 800 specialty retail stores and has a good chain of network with a number of e-sellers. The exhaustive list includes some big names like The Neiman Marcus Group, ABC Carpet and Nordstrom Inc. which is going to continue as a standalone brand. Wayfair has got into sharing business deals with some of the top names like Wayfair’s flash-sale retail brand Joss & Main and the equally resourceful furniture brand AllModern.com.
A New Horizon for DwellStudio
Wayfair is not ready to spell out much specific details about the deal that he has entered into with DwellStudio. It is going to be a great boost for DwellStudio’s business. This is because DwellStudio can penetrate the market in a faster and speedier way and capture more loyalists. The top retailer of home products will continue to offer only the best products and services. Wayfair is just positive that this new business venture will make Wayfair to tread greener pastures in terms of boosting up its online revenue generation graph.
2013: A buzzing year for Wayfair
It has been a busy and buzzing year for Wayfair. In the second quarter of 2013, in June, Wayfair came up with an eye-grabbing image gallery. The consumers can check out home interior photos and can happily click on products to know a lot about the product details and information. In February, Wayfair rolled out its e-commerce site on daily deals. In this age, where businesses are facing higher competition, the online retailers are improvising ways that would make Wayfair to be fruitful in its mission of offering that required nudge to the online retailer DwellStudio.
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