Marketplace Procurement: Selling Where Enterprises Now Buy
If you’re not selling where enterprises already buy—and not co-selling with their strategic platforms—you’re increasingly invisible at the point of purchase.
The Unstoppable Shift in Enterprise Buying
Year-over-year revenue growth for software marketplaces in 2023, out-pacing all other procurement channels.
Global sales through e-procurement platforms in 2022, demonstrating a fundamental shift in B2B commerce.
Reduction in vendor onboarding time reported by enterprises using AWS Marketplace for procurement.
From Online Stores to Buying Infrastructure
Enterprises are no longer just browsing marketplaces; they are rewiring their entire procurement process around them. With 87% of companies using e-procurement tools, these platforms have become the primary source of truth for spend, contracts, and supplier data.
Cloud marketplaces take this further, turning software purchases into a strategic way to burn down pre-committed cloud budgets (e.g., AWS EDPs), dramatically simplifying billing and compliance.
Global Digital Marketplace Growth (Projected)
From just 1.8% in 2023, software marketplaces are projected to capture a significant share of enterprise budgets.
The Cloud Marketplace Imperative
Hyperscaler marketplaces (AWS, Azure, GCP) are becoming the default procurement rails for software. Case in point: CrowdStrike has generated over $1 Billion in sales from AWS Marketplace alone.
Why Buyers Prefer It:
- ✔ Bypasses lengthy vendor onboarding.
- ✔ Leverages pre-committed cloud spend.
- ✔ Reduces deal closure from months to weeks.
The Co-Sell Playbook: Your GTM Multiplier
Navigating the Marketplace Maze
Key Challenges
- Data Transparency: Over 50% of users report suppliers withholding data, hindering analytics and AI.
- Cautious Transition: Over 60% of companies still make less than 25% of B2B purchases via marketplaces due to legacy contracts and inertia.
- Commercial Adaptation: Many vendors struggle to re-engineer bespoke contracts and licensing into standardized marketplace offers.
Actionable Opportunities
- Lead with Efficiency: Position marketplace availability as a core benefit, saving buyers 66% in procurement time.
- Become AI-Ready: Expose rich product and performance data to become a preferred vendor for the 27% of companies exploring AI in procurement.
- Educate the Buyer: Create content that guides procurement, finance, and legal teams on how to maximize their existing marketplace platforms.
Ready to Become Visible at the Point of Purchase?
Align your go-to-market with the new reality of enterprise buying. Let's architect a marketplace and co-sell strategy that drives real revenue.
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