SRM Entertainment Reports 400% Increase in Amazon Sales
DENVER, Colo., Dec 04, 2024 (247marketnews.com)- SRM Entertainment (NASDAQ: SRM) reported that its sales on Amazon (NASDAQ: AMZN) increased over 417% since September, driven by strong customer demand for the company’s high-margin products and is expected to have a significant positive impact on its financial performance.
Rich Miller, SRM’s CXEO, stated, “Amazon offers a tremendous platform for us to reach our online customers. We have strategically leveraged data analytics to effectively target our customer base and drive online sales growth. This success underscores our commitment to expanding our e-commerce presence and maximizing profitability.
“Amazon has been an invaluable partner in our e-commerce success. They provide us with powerful tools and insights that enable us to optimize our product listings, reach the right customers, and efficiently manage our online operations. Their expertise in e-commerce logistics and fulfillment has been crucial in ensuring a seamless experience for our customers.”
SRM’s President, Taft Flittner, added, “We are excited to introduce creative products such as Plush Packs, 25oz stainless steel drinkware, themed Plush Animals, and themed binoculars,” said Flittner. “These new offerings will expand our product portfolio and cater to the growing demand for high-quality, licensed merchandise.
“Our theme park business remains a cornerstone of our success. However, expanding our online presence allows us to build on this strong foundation by reaching new customers and optimizing margins. These complementary initiatives will help drive SRM’s overall growth and expansion.”
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