Who is Marjory?
Marjory is a company created by former marketplace solution editors, marketplace experts (marketplace consultants, head of marketplace business) and also experts in payment and financing solutions for marketplaces. The project was born in July 2018 and was incubated by Area 42, the incubator of the Belgian credit insurance company CREDENDO. Marjory SAS was officially launched in March 2020.
Why the name “Marjory”?
Marjory refers to the most common name given in the heyday of old telephone switchboards, when experienced operators connected technical systems that did not communicate naturally with each other. Marjory is also a name that is pronounced consistently in all languages of the world !
Who created Marjory?
Marjory was created by experts in tech, online commerce (e-commerce/marketplace) and payment and financing tools (fintech). The founders of Marjory have worked for e-commerce and marketplaces solutions providers but also managed business marketplaces. This double experience allowed them to imagine the solution that was missing to reduce the barriers to entry on this type of project.
What is Marjory?
Marjory is an ExaaS (expertise as a service) solution that helps companies to transform themselves into marketplaces or to develop their existing marketplaces. The marjory solution is based on 3 pillars : A product, to design marketplace processes in the form of workflows and made them executable regardless of the software bricks used to run the marketplace (front, back, psp, etc.) An ecosystem of partners, so that marketplace customers can easily and quickly integrate third-party services (payment, financing, logistics, marketing, etc.) with their marketplace CMS/Framework or with each other A network of certified experts, to help customers accelerate their transformation with the Marjory product
What is Marjory used for?
Marjory allows a company that wants to launch a marketplace, develop it or internationalise it, to do so simply and quickly. By connecting to Marjory, the company can access marketplace best practices and a library of third-party services (payment, financing, logistics, marketing, etc.) that will allow it to accelerate its project and boost its business. Marjory removes the technological, budgetary, legal and organizational barriers that often make marketplace projects very complex.
What are Marjory's values?
The three values of Marjory are innovation, expertise and execution. Innovation because we always try to bring innovation value to our clients. By offering a new approach or new tools to help them solve the problems they face. Expertise is at the heart of Marjory’s DNA. It is about providing our clients with the knowledge and know-how that will enable them to accelerate their transformation by anticipating obstacles and knowing how to give the right advice to get around them. Execution is also a cardinal value. No good idea without perfect execution! That is why at Marjory we focus on making our clients’ vision effective through perfect execution, supported by our technology.
Who are Marjory's customers?
Marjory’s clients are companies of all sizes that want to benefit from the Marketplace revolution. They are start-ups, SMBs, but also large groups (> €1 billion in turnover) who see in Marjory’s solution an acceleration of their project in the design, build, run or scale phases of a marketplace project (addition of new services, internationalization, etc.). These clients can be manufacturers, retailers but also suppliers of solutions for Marketplaces (payment services, financing, logistics, etc.)
How long has the Marjory solution existed?
The Marjory project was born in 2018, but the company was officially registered with the Versailles Trade and Companies Registry in March 2020. In April 2020, Marjory signed its first contracts with marketplace operators who wanted to use its solution to launch their marketplaces and/or develop them by adding new services (financing in particular).
What is Marjory’s business model?
Marjory is based on a three-pillar business model. On the one hand, Marjory charges access and use of its platform to marketplace operators who connect to it. To connect to Marjory, the client pays an access fee (onboarding fees) and a monthly rental fee for the service (the price of which is based on the number of events that are processed by the platform). On the other hand, Marjory monetises its ecosystem by taking a commission on the business brought in by the software solution providers when marjory connects them to its customers. Finally, Marjory delivers training services for consultants (technical or functional) by certifying them to use Marjory.
Marjory is an ExaaS solution, what does that mean?
ExaaS stands for Expertise As A Service. It’s an expression that synthesises Expertise (the value delivered to the customer) and the SaaS model (the software business model). It embodies Marjory’s promise and positioning: simplifying access to expertise to accelerate its digital transformation, particularly on the Marketplace model.