Building Materials Marketplace launch provides growth opportunities

Latest News Fri, Nov 5, 2021 9:23 AM

Materials Market has launched its online building materials marketplace – a brand new, collaborative model promising a new ‘win-win’ route to market for merchants and distributors.

Already supporting a large network of supplier partners, the Materials Market website launched in November 2020, Materials Market is the new kid on the block for building material sales. It represents an innovative digital solution to ease supply chain issues and enabling transparent, simple customer transactions for suppliers across the UK.

Materials Market was founded in August 2019 following a pre-seed funding round of £130k from angel investors, further bolstered by a £1.5m raise from Fuel Ventures in a seed funding round in September 2021.

The top online marketplaces in the world transacted over £1.47 trillion in 2019, accounting for 58% of global online sales, a statistic that is growing rapidly, particularly in light of the pandemic. Samuel Hunt, Co-Founder & CEO at Materials Market, explains how his solution will bring this sea-change to the construction industry:

“The sector has been slower than others to move to a digital-first approach, and so we wanted to create a one-stop shop that connects customers and suppliers in real time, which would allow for better prices and faster deliveries, plus a wider market for distributors and merchants than their bricks and mortar stores.

“The past 18 months has put a huge strain on the sector in general, with many proactive suppliers rapidly rethinking their routes to market. Our online platform allows suppliers to leverage the popular new marketplace model and benefit from steady growth potential.”

Featured News

Specification news
Hardie® Architectural Panel Chosen For Go Modular...

Beam Contracting, the high-end construction firm, has chosen to utilise the Hardie®...

Read More >>

Specification news
London's super sewer now fully built after final lid...

Work to build London’s super sewer, including its tunnels and shafts, is now fully...

Read More >>

BUILDING PRODUCT LIBRARY - LATEST BROCHURES

REVO.Prime TSA 325 NT Brochure

REVO.Prime TSA 325 N...
By GEZE UK Ltd

Download Now >>

Natural ventilation strategy for Sunderland SEND school Brochure

Natural ventilation...
By Passivent

Download Now >>

Squash Court Flooring Brochure

Squash Court Floorin...
By Junckers Limited

Download Now >>

Junckers Acoustics Floor System Brochure

Junckers Acoustics F...
By Junckers Limited

Download Now >>

BUILDING PRODUCT DIRECTORY - LATEST PRODUCTS

Ei1025 Environmental Sensor
Ei1025 Environmental Sensor

Discreet and secure, the Ei1025 Environmental Sensor can be placed throughout a property to monitor...

Read More >>

Ei1000G SmartLINK Gateway
Ei1000G SmartLINK Gateway

The Gateway and Cloud portal use Aico’s SmartLINK technology to bring together data from all...

Read More >>

Ei3030 Multi-Sensor Fire and Carbon Monoxide Alarm
Ei3030 Multi-Sensor Fire and Carbon Monoxide Alarm

The Ei3030 is a multi-sensor Fire & Carbon Monoxide (CO) Alarm. Containing our proven and dependable...

Read More >>

CONSTRUCTION VIDEOS - LATEST VIDEOS

Forma aluminium column casings for Winchester College
Forma aluminium column casings for Winchester College

In progressive and dynamic business sectors, such as construction, it’s natural to be forward...

Watch Now >>

Decorative metal bulkheads & column casings for Tesco Extra, Birmingham
Decorative metal bulkheads & column casings for Tesco Extra, Birmingham

Decorative aluminium horizontal bulkheads more than 100 metres long have been supplied and installed...

Watch Now >>

Vecta building linings for the perfect finish
Vecta building linings for the perfect finish

More than 150 sq.m of Vecta aluminium wall lining and a feature bulkhead have been manufactured and...

Watch Now >>