Grey Cloak Tech, Inc. ($GRCK) This Disruptive Tech Company Can Dominate the Trillion Dollar O2O – Online to Offline Industry
If you could go back and buy Priceline for $7.00, would you?
Emerging Growth OTO Commerce Company
What is O2O – Online to Offline? Click for Full Size image.
Miami, FL / Accesswire / April 27, 2017 / Since TechCrunch.com, explained why O2O
commerce is a Trillion Dollar Opportunity, it has been the dominant buzz, heard from Silicon Valley to Wall Street. While many have been able to capitalize on it, nobody has been able to perfect it.
While there are no, “Trillion Dollar” companies, there are however Trillion Dollar industries. One of them is the Online to Offline commerce industry, or O2O. You could define it by saying, it is anything digital, that brings people to shop offline. Real world examples of this concept are Groupon, Inc. (NASDAQ: GRPN), Open Table, which was acquired in June 2014 by The Priceline Group (NASDAQ: PCLN), and now infamous Uber, and it’s approaching $70 billion valuation.
The writers who declared this a trillion-dollar industry, calculate it by stating that, the average American earns $40,000 per year and spends only 9% shopping online, leaving trillions of dollars floating around the local economy. This is great news for the local business owners but, the challenge they are faced with is how to ensure that it’s their business, that captures the sale?
According to studies conducted by the Consumer Barometer, over 60% of buyers research products online before buying them offline, and this is the key to making the O2O industry a “Trillion Dollar” industry. If the merchants can capture potential customers, when they are researching a product, online, they can position themselves, to acquire that sale, offline.
This is already a proven model among majors like Best Buy Co., Inc. (NYSE: BBY), Apple, Inc. (NASDAQ: AAPL), The Gap, Inc. (NYSE: GPS), Home Depo, Inc. (NYSE: HD) and many more. Their O2O platforms consists of purchasing online and picking up at the local store. This eliminates two burdens for consumers; first, it allows the consumer to touch, examine and if need be, try on the product prior to bringing it home, and second, it eliminates the hassle of online returns.
So how do local merchants capitalize on this?
The data and historical trends indicate an extremely lucrative opportunity for a company who can successfully bridge the online world with the offline.
Enter Grey Cloak Tech, Inc. (OTC Pink: GRCK). Just two weeks ago, Grey Cloak Tech completed the acquisition of ShareRails, a provider of online-to-offline (O2O) e-commerce services which was valued at over $6.4 million by Excel Management Systems.
ShareRails transforms local retailers’ inventory data into rich digital content that is then indexed by Google (NASDAQ: GOOG) and other search engines. The ShareRails O2O cloud platform offers retail merchants; inventory management, curation, and promotion features that can make products discoverable, drive foot traffic, and boost customer experience.
This is how it’s done. Take the inventory of the local merchants and index it with the search engines. Now when the consumers are researching products online, they are doing it through the local merchants’ commerce platform.
Grey Cloak Tech, Inc.’s (OTC Pink: GRCK) ShareRails creates digital product catalogs that enhance mall and merchant websites. Searchable Malls. The Shops at South Town is one of the most innovative shopping malls in Utah. Through the ShareRails’ O2O platform, they drive new customers to South Town mall stores and offer mall shoppers greater convenience, than shopping online.
ShareRails’s latest work is an innovative web and mobile solution that connects consumers to a community of reputable Marie Claire stylists. Consumers receive personalized style recommendations and purchase directly through the shoppable content.
Grey Cloak Tech, Inc. (OTC Pink: GRCK), is posturing to become a major disruptor in this trillion-dollar O2O industry. Heading up GRCK, you’ll find Joseph Nejman, a Harvard graduate who served in a variety of business development roles at Google, as well as led the incubator at Google’s Eric Schmidt’s prominent venture capital firm, TomorrowVentures. Further, he sourced and led the investment in Marker Studios, which was acquired by Disney, (NYSE: DIS) for approximately $1 billion.
With less than 75 million shares outstanding and a market cap of under $7 million, it’s hard to imagine the majors not competing for GRCK soon. Grey Cloak Tech, Inc. (OTC Pink: GRCK) is an SEC, current, reporting, company which currently trades on the OTC market. It will be interesting to see how quickly the company can ramp up and take the industry by storm.
About Emerging Growth
EmergingGrowth.com is a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies. Through its evolution, EmergingGrowth.com found a niche in identifying companies that can be overlooked by the markets due to, among other reasons, trading price or market capitalization. We look for strong management, innovation, strategy, execution, and the overall potential for long- term growth. Aside from being a trusted resource for the Emerging Growth info-seekers, we are well known for discovering undervalued companies and bringing them to the attention of the investment community. Through our parent Company, we also have the ability to facilitate road shows to present your products and services to the most influential investment banks in the space.
All information contained herein as well as on the EmergingGrowth.com website is obtained from sources believed to be reliable but not guaranteed to be accurate or all-inclusive. All material is for informational purposes only, is only the opinion of EmergingGrowth.com and should not be construed as an offer or solicitation to buy or sell securities. The information may include certain forward-looking statements, which may be affected by unforeseen circumstances and / or certain risks. This report is not without bias. EmergingGrowth.com has motivation by means of either self-marketing or EmergingGrowth.com has been compensated by or for a company or companies discussed in this article. Full details about which can be found in our full disclosure, which can be found here, http://emerginggrowth.com/4725-4739/. Please consult an investment professional before investing in anything viewed within. When EmergingGrowth.com is long shares it will sell those shares. In addition, please make sure you read and understand the Terms of Use, Privacy Policy and the Disclosure posted on the EmergingGrowth.com website.
Source: Emerging Growth
Contact: info@EmergingGrowth.com
If you could go back and buy Priceline for $7.00, would you?
Emerging Growth OTO Commerce Company
What is O2O – Online to Offline? Click for Full Size image.
Miami, FL / Accesswire / April 27, 2017 / Since TechCrunch.com, explained why O2O
commerce is a Trillion Dollar Opportunity, it has been the dominant buzz, heard from Silicon Valley to Wall Street. While many have been able to capitalize on it, nobody has been able to perfect it.
While there are no, “Trillion Dollar” companies, there are however Trillion Dollar industries. One of them is the Online to Offline commerce industry, or O2O. You could define it by saying, it is anything digital, that brings people to shop offline. Real world examples of this concept are Groupon, Inc. (NASDAQ: GRPN), Open Table, which was acquired in June 2014 by The Priceline Group (NASDAQ: PCLN), and now infamous Uber, and it’s approaching $70 billion valuation.
The writers who declared this a trillion-dollar industry, calculate it by stating that, the average American earns $40,000 per year and spends only 9% shopping online, leaving trillions of dollars floating around the local economy. This is great news for the local business owners but, the challenge they are faced with is how to ensure that it’s their business, that captures the sale?
According to studies conducted by the Consumer Barometer, over 60% of buyers research products online before buying them offline, and this is the key to making the O2O industry a “Trillion Dollar” industry. If the merchants can capture potential customers, when they are researching a product, online, they can position themselves, to acquire that sale, offline.
This is already a proven model among majors like Best Buy Co., Inc. (NYSE: BBY), Apple, Inc. (NASDAQ: AAPL), The Gap, Inc. (NYSE: GPS), Home Depo, Inc. (NYSE: HD) and many more. Their O2O platforms consists of purchasing online and picking up at the local store. This eliminates two burdens for consumers; first, it allows the consumer to touch, examine and if need be, try on the product prior to bringing it home, and second, it eliminates the hassle of online returns.
So how do local merchants capitalize on this?
The data and historical trends indicate an extremely lucrative opportunity for a company who can successfully bridge the online world with the offline.
Enter Grey Cloak Tech, Inc. (OTC Pink: GRCK). Just two weeks ago, Grey Cloak Tech completed the acquisition of ShareRails, a provider of online-to-offline (O2O) e-commerce services which was valued at over $6.4 million by Excel Management Systems.
ShareRails transforms local retailers’ inventory data into rich digital content that is then indexed by Google (NASDAQ: GOOG) and other search engines. The ShareRails O2O cloud platform offers retail merchants; inventory management, curation, and promotion features that can make products discoverable, drive foot traffic, and boost customer experience.
This is how it’s done. Take the inventory of the local merchants and index it with the search engines. Now when the consumers are researching products online, they are doing it through the local merchants’ commerce platform.
Grey Cloak Tech, Inc.’s (OTC Pink: GRCK) ShareRails creates digital product catalogs that enhance mall and merchant websites. Searchable Malls. The Shops at South Town is one of the most innovative shopping malls in Utah. Through the ShareRails’ O2O platform, they drive new customers to South Town mall stores and offer mall shoppers greater convenience, than shopping online.
ShareRails’s latest work is an innovative web and mobile solution that connects consumers to a community of reputable Marie Claire stylists. Consumers receive personalized style recommendations and purchase directly through the shoppable content.
Grey Cloak Tech, Inc. (OTC Pink: GRCK), is posturing to become a major disruptor in this trillion-dollar O2O industry. Heading up GRCK, you’ll find Joseph Nejman, a Harvard graduate who served in a variety of business development roles at Google, as well as led the incubator at Google’s Eric Schmidt’s prominent venture capital firm, TomorrowVentures. Further, he sourced and led the investment in Marker Studios, which was acquired by Disney, (NYSE: DIS) for approximately $1 billion.
With less than 75 million shares outstanding and a market cap of under $7 million, it’s hard to imagine the majors not competing for GRCK soon. Grey Cloak Tech, Inc. (OTC Pink: GRCK) is an SEC, current, reporting, company which currently trades on the OTC market. It will be interesting to see how quickly the company can ramp up and take the industry by storm.
About Emerging Growth
EmergingGrowth.com is a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies. Through its evolution, EmergingGrowth.com found a niche in identifying companies that can be overlooked by the markets due to, among other reasons, trading price or market capitalization. We look for strong management, innovation, strategy, execution, and the overall potential for long- term growth. Aside from being a trusted resource for the Emerging Growth info-seekers, we are well known for discovering undervalued companies and bringing them to the attention of the investment community. Through our parent Company, we also have the ability to facilitate road shows to present your products and services to the most influential investment banks in the space.
All information contained herein as well as on the EmergingGrowth.com website is obtained from sources believed to be reliable but not guaranteed to be accurate or all-inclusive. All material is for informational purposes only, is only the opinion of EmergingGrowth.com and should not be construed as an offer or solicitation to buy or sell securities. The information may include certain forward-looking statements, which may be affected by unforeseen circumstances and / or certain risks. This report is not without bias. EmergingGrowth.com has motivation by means of either self-marketing or EmergingGrowth.com has been compensated by or for a company or companies discussed in this article. Full details about which can be found in our full disclosure, which can be found here, http://emerginggrowth.com/4725-4739/. Please consult an investment professional before investing in anything viewed within. When EmergingGrowth.com is long shares it will sell those shares. In addition, please make sure you read and understand the Terms of Use, Privacy Policy and the Disclosure posted on the EmergingGrowth.com website.
Source: Emerging Growth
Contact: info@EmergingGrowth.com
