6 Go-to-Market Lessons from Building a $120K AOV B2B Marketplace

6 Go-to-Market Lessons from Building a $120K AOV B2B Marketplace

Most marketplace founders obsess over growth metrics and user acquisition. But when GlobalFair’s founder Shaily Garg launched her construction materials marketplace in 2020, she took a radically different approach. In a recent Category Visionaries episode, she shared how ignoring conventional wisdom led to 110% month-over-month growth and 98% customer retention.

Here are six key go-to-market lessons from GlobalFair’s journey:

1. Start with Supply, Not Scale

While most marketplaces race to expand categories, GlobalFair deliberately narrowed their focus. “Very soon, four months in, we realized that the moat in this business would be supply,” Shaily explains. “So we dropped all the other categories. We said, construction is what we know. Let’s just pick that up and go with it.”

This counter-intuitive move proved crucial. By mastering one category where they had deep expertise, they built a defensible position before expanding.

2. Don’t Get Married to Your First Idea

GlobalFair pivoted their model twice in just over two years. As Shaily notes, “A lot of times I’ve seen founders get too attached with the first problem statement that they start with… keep experimenting till you don’t find that sustainable customer and model that you will go after and then go deep in that.”

3. Solve Trust Through Operations Before Technology

In an industry where orders average $120,000, trust is everything. Rather than relying solely on technology, GlobalFair built trust through operational excellence. “We are not just a marketplace, we are a managed marketplace,” Shaily emphasizes. “QC is a very big part of whatever we send… pre production, in production, and post production, pre shipment, there are four levels of QC that happens.”

4. Make Technology a Pull, Not a Push

Instead of forcing digital transformation on traditional businesses, GlobalFair made their technology so impactful that adoption became natural. “What we would then ensure that our technology is extremely intuitive and to an extent that it directly impacts their top line and bottom line… So we don’t need to sell that.”

5. Get Close to Your Customers Early

One of Shaily’s biggest lessons? “Be in customer markets on day one if that’s needed, or even day -30… Because then in that case, maybe you reach at that right problem statement and right business model faster.” Physical presence accelerates learning and helps validate assumptions faster.

6. Tailor Your Story to Your Audience

For B2B founders, especially those bridging different markets, storytelling versatility is crucial. “If I’m talking to an Asia based investor, I would be pitching them manufacturing as a service, as a story. But if I’m talking to a western investor or a UK or a US based investor, I would be talking about labor productivity and construction automation as a story.”

GlobalFair’s success comes from recognizing that building a B2B marketplace isn’t just about connecting buyers and sellers – it’s about fundamentally transforming how an industry operates. They achieved this not through rapid expansion or aggressive technology adoption, but through deep industry understanding and operational excellence.

The company now processes orders up to $1.2 million and operates in 36 US states. But perhaps more telling than these metrics is their 98% retention rate – a testament to how well they’ve solved real industry pain points. For B2B founders, especially those targeting traditional industries, GlobalFair’s journey offers a powerful reminder that sometimes the best path to disruption isn’t moving fast and breaking things – it’s building trust through consistent execution.