MIAMI, Dec. 4, 2017 /PRNewswire/ -- goTRG, the first end-to-end Omni-Channel and supply chain business solution, achieved unparalleled sales on third-party marketplaces such as eBay and Amazon on Black Friday and Cyber Monday, besting record-breaking 2017 nationwide retail sales.
While experts labeled Cyber Monday 2017 the "largest digital shopping day in U.S. history," goTRG's Omni-Channel holiday weekend sales increased 56 percent year-over-year, dwarfing the historic 17 percent U.S. retail sales surge.
"goTRG sold more than $5 million (over 50,000 units) on over 20 marketplaces from Friday to Monday," announced Sender Shamiss, president and CEO of goTRG (The Recon Group Inc).
goTRG's Cyber Monday record high of $2 million, or 13,000 units in one day, represents one out of every 2,900 unit sold nationwide on that day.
In its 2017 fiscal year, goTRG sold hundreds of millions without operating its own commerce site but rather selling through multi-seller marketplaces, such as Walmart, eBay, Amazon, Wish, Newegg, Jet, Groupon and many others, on a scale never seen before.
goTRG's success is attributed to non-branded Omni-Channel sales on third-party marketplaces, using the company's R1 SaaS and proprietary 9040™ Ai for pricing, merchandising and automation of product listings.
goTRG's 9040™ Ai analyzes all major marketplaces to identify sales patterns and customer demand. goTRG provides customers with real-time market analysis that increases sales and revenue while allowing them to stay competitive.
R1's Omni-Channel platform allows goTRG to exceed expectations without having to concern itself with marketing budgets, promotions, merchandising and many of the other burdens necessary to compete with major eTailers.
"As more and more marketplaces move toward multi-seller platforms rather than single-seller sites, a new wave of faceless retailers will achieve sales previously reserved for only the largest online marketplaces," Sender said.
goTRG is a leader in the implementation and execution of Omni-Channel and supply chain solutions. The company's innovative R1 technology powers every touch, movement and decision for the world's largest companies, resulting in superior net margins, controls and sell-through.
goTRG has processed and sold 35 million units in the last year. Currently over 100,000 SKU's are simultaneously listed on 22 marketplaces with a retail value of more than $100 million. R1 has collected and curated data for over 38 million UPCs from over 1,000 marketplaces in the last year.
Contact: Ber Mitchell, [email protected]