Greene Concepts Addresses Sales to 300 Million Amazon Customers While Be Water Continues to Sell Out in all Distribution Cent...
2021年2月23日 - 12:56AM
InvestorsHub NewsWire
Greene
Concepts Addresses Sales to
300 Million Amazon
Customers While Be Water
Continues to Sell Out in all Distribution
Centers
Marion, NC
-- February 22, 2021
-- InvestorsHub NewsWire -- Greene Concepts Inc. (OTC
Pink: INKW) is
pleased to provide an update to shareholders about the
current status of the BE WATERTM product line on its' Amazon.com listing. As the product continues to sell out at each
of the six distribution centers where the company has sent
inventory (see Feb. 16, 2021 press release), many have inquired why the Amazon.com listing shows the product as "Currently Unavailable" in many markets
around the U.S. thereby not allowing current purchases. This
release serves to answer those questions and how Greene Concepts
will continue to press forward to drive increased sales and product
availability.
The
company employed an Amazon e-Optimization specialist, Sean
Farrington, the owner and CEO EcomOptimization, to help grow brand awareness and SEO of the
company's BE WATER brand on Amazon as noted in the company's
September 15, 2020 press
release. After
consulting with Amazon, Mr. Farrington provided the following
information:
"New Product
Inventory Limits and Regional Availability are the two factors at
play here. First is
New Product Inventory Limits. There are a lot of new sellers constantly
launching products that cause burdens on Amazon's massive
system. As such Amazon limits inventory allotments for new
products. Typically, Amazon calculates inventory allotments
based on the previous three months of sell-through. Because
BE WATER has no such history, Amazon sets the allotment based on a
number of factors including product size and
weight.
The goal is to manage limited
shelf space of new products until it is proven whether or not they
sell. As more cases of BE WATER sell, this allowance number
will increase".
Mr.
Farrington continues, "Second is Regional Availability.
To offer the fastest delivery for
Prime shoppers, Amazon disperses inventory to regional warehouses
based on expected sell-through in those regions. Because of
initial inventory limits, this may mean that if two shoppers from
different states are searching for BE WATER on Amazon, one may see
it while the other may not. A third question that has come up
involves Amazon reviews. While any customer may leave a
review, only verified reviews are considered legitimate by
Amazon. To be considered legitimate the account holder must
have a U.S.-based Prime Account, have a minimum of five verified
purchases on the Prime Account, the purchase of BE WATER must not
be a deep discount purchase (full-priced purchases are best).
There is added value for using keywords when making reviews
such as: artesian
water, case of bottled water, natural springs
water.
Lenny Greene, CEO of Greene Concepts, states, "We understand that there are certain
limitations that Amazon has which we must adhere to. As our
sell-through rate increases Amazon will increase
our number of distribution centers and
allowable BE WATER
inventory. We plan to take
full advantage because as of now we are only allowed to service six
out of 110 active Amazon fulfillment centers in the U.S.
(185 globally) -
See: FBA Locations. Amazon is one of the largest retailors in the
marketplace with an incredible distribution footprint
to offer the fastest and most
cost-reliable distribution network we have
available. We hope that this helps to explain why
our product listing states "Currently unavailable" at this
time. Our goal is to
get the product to everyone as quickly as possible through Amazon's
established inventory and shipping channels. Thank you all
for your continued support. As noted earlier we are ready
with plenty of inventory and we are hungry to share BE WATER with
the masses".
About Amazon
Amazon is a titan of e-commerce and is the go-to
site for online shoppers and merchants alike. Customer reviews,
1-Click shopping, personalized recommendations, Prime, Fulfillment
by Amazon,
AWS, Kindle Direct Publishing, Kindle, Fire
tablets, Fire TV, Amazon Echo, and Alexa are some of the products and
services pioneered by Amazon. For more information, visit
https://www.aboutamazon.com/ and follow @AmazonNews.
(Source: https://ir.aboutamazon.com/overview/default.aspx).
About Greene Concepts, Inc., Mammoth
Ventures, Inc. and Water Club, Inc.
Greene Concepts, Inc. (http://www.greeneconcepts.com)
is a publicly traded company.
Through its recently acquired wholly owned subsidiary, Mammoth
Ventures Inc., the Company has entered the specialty beverage and
bottling business and is an emerging leader in the global
scientifically formulated beverage industry. Through its subsidiary
Water Club, Inc. we intend to pursue subscription-based delivery of
water and scientifically formulated beverages directly to the
consumers home and market the convenience of this service thru
social media affiliate marketing partners.
Safe Harbor:
This Press Release contains
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934. These forward-looking statements are based on the
current plans and expectations of management and are subject to a
number of uncertainties and risks that could significantly affect
the company's current plans and expectations, as well as future
results of operations and financial condition. A more extensive
listing of risks and factors that may affect the company's business
prospects and cause actual results to differ materially from those
described in the forward-looking statements can be found in the
reports and other documents filed by the company with the
Securities and Exchange Commission and OTC Markets, Inc. OTC
Disclosure and News Service. The company undertakes no obligation
to publicly update or revise any forward-looking statements,
whether as a result of new information, future events or
otherwise.
CONTACT:
Greene Concepts, Inc.
Investor Relations
IR@greeneconcepts.com
Greene Concepts (PK) (USOTC:INKW)
過去 株価チャート
から 12 2024 まで 1 2025
Greene Concepts (PK) (USOTC:INKW)
過去 株価チャート
から 1 2024 まで 1 2025