American Aires (WIFI.C) will soon to be drop shipping their Lifetune product line into North American-based online stores, according to a press release.
The company is implementing this strategy in tandem with its successful marketing initiatives, including an ecommerce platform, subscription program, and affiliate marketing program, with hopes that third party ecommerce partners can integrate Aires programs into their stores without having to actually hold the inventory.
“We are very pleased with the amount of interest this drop shipping program has already received. Aires will continue to aggressively pursue creative and effective marketing avenues that will allow the Company to attain the fastest possible growth globally and we are excited to see the significant increase in revenue that this initiative will provide to Aires in the immediate future. We look forward to reporting to stakeholders on our continued progress,” said Dimitry Serov, CEO of American Aires.
American Aires develops silicon-based microprocessors built to reduce the harmful side-effects of electromagnetic radiation (EMR). The company’s Lifetune products target EMR emitted by phones, computers, baby monitors, as well as Wifi radiation including 5G. The technology was developed by the company’s team of highly credited scientists and verified by independent third-party validation, including peer reviewed studies and published articles in scientific journals.
If you’re unfamiliar with Drop shipping, here’s what wikipedia’s got to say:
Drop shipping is a form of retail business wherein the seller accepts customer orders but does not keep goods sold in stock. Instead, in a form of supply chain management, it transfers the orders and their shipment details to either the manufacturer, a wholesaler, another retailer, or a fulfillment house, which then ships the goods directly to the customer. As such, the retailer is responsible for marketing and selling a product, but has little or no control over product quality, storage, inventory management, or shipping. This eliminates the costs of maintaining a warehouse – or even a brick and mortar storefront, purchasing and storing inventory, and employing necessary staff for such functions. As in any other form of retail, the seller makes their profit on the difference between an item’s wholesale and retail price, less any pertinent selling, merchant, or shipping fees accruing to them.
But what does drop shipping bring to WIFI, though?
It helps them reach new customers and jack their sales numbers, while improving exposure. It helps with integration into a sea of globally hosted platforms while using the marketing dollars invested by their affiliates into their online stores. It’s also a source of new revenue, and provides sales penetration across the globe.
WIFI is happy with the numbers, having brought in more than 30 online stores already. They’re already at work on implementation and anticipate seeing more revenue starting this month. From now on, they expect to add another 20 online stores per month with a goal of 200 for the end of the year.
Shares were flat on the news, and are presently trading at $0.295.