Wix Studio Expands Allowing Partners To Sell Studio Templates Directly Within The Wix Marketplace
Portfolio Pulse from Benzinga Newsdesk
Wix.com Ltd. (NASDAQ:WIX) announced the expansion of the Wix Marketplace to allow Partners to sell Studio templates directly within the ecosystem, alongside their services. This move aims to diversify offerings, increase earning potential for Partners, and foster a thriving ecosystem of creativity and innovation. The expansion enables a seamless experience for sellers and buyers, with templates serving as an effective marketing tool to attract leads and showcase the platform's capabilities.

April 17, 2024 | 4:31 pm
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Wix.com Ltd. expands its Marketplace to include the sale of Studio templates by Partners, aiming to diversify offerings and increase Partner earnings.
The expansion of the Wix Marketplace to include template sales directly impacts Wix.com Ltd. by potentially increasing the platform's attractiveness to both current and prospective Partners. By diversifying the ways in which Partners can generate revenue, Wix not only enhances its value proposition but also encourages a more vibrant ecosystem of creativity and innovation. This could lead to increased user engagement and higher revenue generation from the sale of templates and services, positively affecting WIX's stock in the short term.
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