MSTO news! on CRACK MasterBeat Corporation's JTEC

New Post Public Reply Private Reply Replies (0) Message Board
metalman123
167
MSTO news! on CRACK

MasterBeat Corporation's JTEC AutoWorld to Incorporate Amazon and eBay Listings Into Its Online Auto Parts Sales and Distribution Platform
9:01 am ET March 9, 2021 (Globe Newswire) Print
via NewMediaWire -- MasterBeat Corporation (OTC: MSTO), a company specializing in hard, tangible asset acquisitions with an intense focus on real estate, precious metals, collectible classic automobiles, and other tangible assets announces its JTEC Autoworld, in collaboration with Epicor, will incorporate Amazon and eBay into its Sales, Distribution and Marketing Strategy for its online Automotive platform: www.jtecautoworld.com. As JTEC expands the roll out of its automotive online platform, it will utilize the Amazon and eBay services to further help its marketing, sales and exposure strategy.

Amazon continues to grow as a significant source for Auto Parts and Accessories. Forecasts estimate Amazon 2020 auto parts sales, accessories, and car care product revenues at $8.3 billion, plus $1.9 billion in OEM replacement auto parts sales for a combined total of $10.3 billion. In past years, most of Amazon auto parts sales growth came from direct Fulfillment by Amazon (FBA) sales, known as first party sales or "1P." 1P sales typically include Amazon Prime sales and offers. Most of Amazon's 1P sales come either from manufacturers supplying Amazon direct or from warehouse distributors (WDs). It is estimated that Amazon's auto parts sales for 1P to hit $4.6 billion in 2020. Third party sales through Amazon are known as "3P." It is projected that Amazon auto parts sales for 3P is around $5.7 billion in 2020 and eBay auto parts sales revenue is estimated to be between $6 billion and $7 billion for 2020.

In addition, eBay has more than 180 million consumers, worldwide. Combined with JTEC's Amazon exposure, JTEC's pending launch on the eBay platform will expose JTEC AutoWorld to a massive audience that will boost visibility and awareness of JTEC's products and technology to millions more potential customers.

Josh Tannariello, CEO of MasterBeat Corp, stated, "As Epicor is building the back end of JTEC's online platform and integrating our catalog and distribution network systems, we will also be featuring our extensive catalog through Amazon and eBay. Having our products available on Amazon's and eBay's massive, worldwide platforms strategically gives JTEC Automotive access and exposure to an audience of millions of North American (U.S.A., Mexico and Canada) automotive customers while boosting the visibility of all aspects of our Company. Ultimately, this provides JTEC with the opportunity to earn more exposure and repeat business, even without any direct marketing. This strategic approach will increase the demand and the organic growth of JTEC, allowing us to convert exposure into revenue for the Company and our shareholders."

With $232 billion in net sales annually, Amazon is the most dominant online store in existence today. In fact, Forbes reported in May that Amazon had surpassed Walmart to become the world's largest retailer. In the U.S. alone, Amazon controls 45% of the ecommerce market share. That is up from 34% in 2016 and expected to eclipse 50% by 2021. JTEC will take advantage of this and implement a new digital marketing campaign, using all the tools that Amazon and eBay offer, such as Sponsored Products Ads and Keyword-targeted advertisements, Coupon and Promotions and much more. Hedges and Company provides some great insight into the automotive industry, its sales and growth
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Windward Expands Maritime Scope with Azimut.ai Deal

Updated Category News Views 65

An Invincible Maritime Shield When it comes to maritime intelligence, Windward just pulled a fast one. In a market where staying ahead of the game is like playing three-dimensional chess, they've snatched up Azimut.ai. This ain't some small fry; it's a visual intelligence firm poised to shore up Windward's grip on the elusive maritime world. Charting New Waters with...

Continue Reading
RepData's New Platform Redefines Market Research Game

Updated Category News Views 34

Ever look at your market research and think, 'Is this really the best we can do?' RepData just rolled up like they own the place with their Verified Intelligence Platform (VIP), promising to make those wild data quality doubts a thing of the past. RepData’s Game-Changer in Research RepData's stepping into the ring with their VIP, aiming to shake up the way research...

Continue Reading
Pudu Robotics: Mowing lawns, Automating Homecare!

Updated Category News Views 57

Scaling Down: Robotics Meet Your Front Yard Imagine kicking back with a cold one while your new fancy robot takes care of the lawn. Sound like a sci-fi fantasy? Nope, that's the reality Pudu Robotics is peddling with their PUDU TOMO S Series. And boy, they're promising a lot more than just a breather from weekend chores. From Corporate Corridors to Quiet Suburbs Pudu's...

Continue Reading
Timing Key for Cost-Effective Car Shipping: Jackie Ramirez

Updated Category News Views 79

The Wisdom of Early Car Shipping Planning If there's one thing I've learned through years of trading ticks and ticks of the clock in the market, it's that timing can make or break you. Well, seems like those same lessons carry over to the world of getting your ride from A to B. The skinny from HelloNation's latest piece featuring vehicle transport guru Jackie Ramirez is...

Continue Reading
Hagerty Amplifies Profit Forecast Amid Premium Gains

Updated Category News Views 101

An Unyielding Growth Trajectory Hagerty, Inc. just unveiled its behemoth third quarter results for 2026 and they're nothing if not eye-popping. With a whopping 18% increase in written premium year-over-year to a towering $1,099 million, there's no mistaking Hagerty’s robust growth trajectory. And that's just one piece of the puzzle—earned premiums rocketed up by 42%...

Continue Reading
XPENG Eyes South Korea Entry with Industry Veteran

Updated Category News Views 120

A Veteran's Task in a New Territory Piling onto its international ambitions, XPENG has roped in Lee Man-sik, a seasoned auto industry professional, to break into South Korea. South Korea isn’t just another market—it’s one of the toughest stages for the automotive industry. The customers there are sharp, with a keen eye for tech and quality. So XPENG, trading under...

Continue Reading
Renue Hawaii Ups Carpet Cleaning Game for Holidays

Updated Category News Views 26

The Stakes of Carpet Care in Hawaii's Resorts Ah, Hawaii—the land of breathtaking beaches, vibrant luaus, and plush hotel carpets that take a beating every peak travel season. But before you brush off carpet care as mundane as a hollow coconut, let’s talk serious business. Renue Hawaii isn't fooling around with some one-size-fits-all cleaning routine. They’ve just...

Continue Reading
Rising Medical Lands Ninth Spot on Inc. 5000

Updated Category News Views 83

Rising Medical's Continued Ascent In a world where the list of high-performing companies is as long as a trader's bad day, Rising Medical Solutions, out of Chicago, has snagged its ninth appearance on the Inc. 5000 list. This isn’t just any roll call; we're talking about a spotlight for America’s fastest-growing private companies—a badge of honor for business...

Continue Reading
Spire Missouri's Rate Hike: Safety or Financial Squeeze?

Updated Category News Views 187

A Rate Hike Tied to Safety or a Customer Burden? Listen up, what we've got here is Spire Missouri stamping down with a rate hike to bolster safety and reliability. It's a classic gas provider move, asking the Missouri Public Service Commission to greenlight this hike that’d have bills going up—$10 in the west, $13 in the east. That's 11% and 15% jumps. Not small...

Continue Reading
Reju Partners with Six Mills to Advance Textile Regeneration

Updated Category News Views 153

Big Moves in Textile Regeneration Now here's a move that's got the fabric world buzzing: Reju, the scrappy textile-to-textile regenerative powerhouse, is teaming up with six mills spread across Europe and the U.S. They’re setting the stage to crank up their polyester recycling game and flood the market with sustainable, eco-friendly fabrics. It's a bold step toward...

Continue Reading

Top 5 Most Recently Viewed Articles

Blue Star Foods Achieves Record Growth in Q3 Performance

Updated Category News Views 141

Blue Star Foods Reports Impressive Q3 Performance Highest Gross Margins of 92.5% Achieved Blue Star Foods Corp. has made exciting strides, showcasing a remarkable 78% increase in revenue and an impressive reduction in net losses, reflecting the company's effective strategies and operational efficiency. John Keeler, Chairman and CEO, stated, "We are experiencing a...

Continue Reading
New Jersey American Water to Enhance Hopewell Borough Water System

Updated Category News Views 139

New Jersey American Water Acquires Hopewell Borough Water System New Jersey American Water announced its plan to purchase the water system in Hopewell Borough for $6.4 million. This follows a successful referendum where a majority of the voters voiced their support for the sale. The system serves more than 880 customer connections, and the acquisition marks a new chapter...

Continue Reading
Transforming E-Commerce with RRD’s ConnectOne Storefront

Updated Category News Views 136

Introducing RRD's Game-Changing ConnectOne Storefront RRD has recently launched its innovative ConnectOne Storefront, a web-based marketing and e-commerce platform tailored for multichannel communications. This platform is set to revolutionize the way brands interact with their customers and manage their marketing processes. Enhancing Operational Efficiency The ConnectOne...

Continue Reading
Casella Waste Systems Initiates $400 Million Stock Offering

Updated Category News Views 91

Introducing Casella Waste Systems' New Initiative Casella Waste Systems, Inc. (NASDAQ: CWST), a prominent leader in solid waste management, recycling, and resource solutions, has rolled out an exciting plan aimed at future growth. The company is set to launch a proposed underwritten public offering, looking to raise $400 million through Class A common stock. Plus, there's...

Continue Reading
BriteCap Financial Welcomes Pushkar Choudhuri as CFO

Updated Category News Views 116

BriteCap Financial Welcomes New Chief Financial Officer BriteCap Financial LLC, a distinguished non-bank lender known for providing swift and affordable working capital solutions to small businesses, is thrilled to announce the appointment of Pushkar Choudhuri as its new Chief Financial Officer. With over two decades of extensive experience across financial planning and...

Continue Reading