GRCV News Out! PPE Monster! GRCV's Yuka E-Comm
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Posted On: 07/14/2020 9:31:54 AM
GRCV News Out! PPE Monster!
GRCV's Yuka E-Commerce Sales with Groupon Increased 20% for the First Half of 2020
8:31 am ET July 14, 2020 (Accesswire) Print
MIAMI, FL / ACCESSWIRE / July 14, 2020 / Grand Capital Ventures, Inc.'s (OTC PINK:GRCV) ("the Company"
wholly-owned subsidiary Yuka E-Commerce ("YUKA" has established itself as a key partner for Groupons' new platform, With a strong proven track record, Yuka is on a path to significantly increase revenue in 2020. Sales during the first half of 2019; January thru June; totaled approx. $1,900,000 with the company shipping over 68,000 items. So far in 2020 between the months of January and June, Yuka has approximately sold $2,400,000 with more than 180,000 units reaching new customer base.
Yuka has been selected as a one of the few vendors to pioneer the transition to Groupon's new platform. The new model includes improved payment terms, better monitoring of live deals, and a more hands on approach to all pricing aspects.
As a leading partner, Yuka will be required to oversee all customer service matters, and as such have primarily opted to expand its teams accordingly.
"With the difficulties consumers have been facing due to Covid-19, customers are moving more to purchasing online. For us at Yuka, this additional projected 20% growth in sales on the New Groupon platform year-over-year is once again an indication that we are on the right path.
Our teams' focus on trending items and highly sought after categories is a clear example of a strategy well executed, said Mier Avitan president of Grand Capital Ventures.
Going into Q3 and Q4 we expect to see numbers steadily increase given with the daily adding of new products, he added.
GRCV's Yuka E-Commerce Sales with Groupon Increased 20% for the First Half of 2020
8:31 am ET July 14, 2020 (Accesswire) Print
MIAMI, FL / ACCESSWIRE / July 14, 2020 / Grand Capital Ventures, Inc.'s (OTC PINK:GRCV) ("the Company"
wholly-owned subsidiary Yuka E-Commerce ("YUKA" has established itself as a key partner for Groupons' new platform, With a strong proven track record, Yuka is on a path to significantly increase revenue in 2020. Sales during the first half of 2019; January thru June; totaled approx. $1,900,000 with the company shipping over 68,000 items. So far in 2020 between the months of January and June, Yuka has approximately sold $2,400,000 with more than 180,000 units reaching new customer base. Yuka has been selected as a one of the few vendors to pioneer the transition to Groupon's new platform. The new model includes improved payment terms, better monitoring of live deals, and a more hands on approach to all pricing aspects.
As a leading partner, Yuka will be required to oversee all customer service matters, and as such have primarily opted to expand its teams accordingly.
"With the difficulties consumers have been facing due to Covid-19, customers are moving more to purchasing online. For us at Yuka, this additional projected 20% growth in sales on the New Groupon platform year-over-year is once again an indication that we are on the right path.
Our teams' focus on trending items and highly sought after categories is a clear example of a strategy well executed, said Mier Avitan president of Grand Capital Ventures.
Going into Q3 and Q4 we expect to see numbers steadily increase given with the daily adding of new products, he added.
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