ITT1525

Turn-key Software Solution for Amazon Sellers

Southwest US
 

The company, through its state-of-the-art, proprietary technology, provides a diverse group of goods through Amazon. The proven software has led to a compound annual growth rate of 209% since inception in 2016.

Key Aspects:

  • Top 0.01% of sellers on Amazon
  • Earned spots on the "Inc. 5000" for 2018 and 2019
  • Robust proprietary software adaptable to market shifts
  • Inventory and purchasing management system fully integrated with fulfillment process
  • Manage both FBA and FBM SKUs listings and shipments
  • Machine-learning based repricing
  • Fulfillment module fully integrated with couriers' system and Amazon Seller Central
  • Customer message and return/refund management module fully integrated with Amazon Seller Central

    Opportunities:

    • Opportunity to implement a strong salesforce system by new management
    • Ability to create a strategy that allows the company to increase repeat customers
    • Expand into other product categories through the company's proprietary software
    • Add new integration with other marketplaces, such as eBay and Walmart through new technology enhancements
    • Establish direct relationships with brand owners, rather than distributors
    • Expand footprint into other e-commerce markets
       
       
       
      Year:

      2016

      Internal

      '000

      2017

      Internal

      '000

      2018

      Internal

      '000

      Turnover2,14512,24420,462
      Gross Profit:-837571,610
      Adj. EBITDA *-1673961,016
      * Earnings before interest, tax and depreciation (non-cash item)
       
      Bids Invited