Business
Amazon is Inviting More Sellers and Handicraft Groups through its Global Selling Programme
Amazon India has offered an invitation to sellers to list their products on its 12 marketplaces. After the success of its global seller program, Amazon is asking handcrafts and artisan bodies to sell their products for the export market. The success of Amazon’s seller program can be judged from the fact that its net sales value or cumulative GMS (gross merchandise sales) has touched $1 billion over the last three years.
Gopal Pillai, Vice-President, Seller Services, Amazon India said that there are expectations for the cumulative GMS to touch $5 billion by the year 2023. He said that those sellers who sell their products globally will witness five-fold growth in GMS. However, Pillai didn’t hint about the expected number of sellers that will be brought by e-tailer on board.
According to the data available, more than 50,000 sellers have joined global selling program. And through this program, products such as apparels, home decor items, power tools have been generating export interest. In addition to these products, Indian handicrafts and traditional art have also joined this list. All a seller needs to do is make his account popular. And in today’s time, where there are established eBay accounts for sale and Amazon accounts for sale, making the account popular is also not much of a difficult task anymore. Due to this, all these sellers are getting excellent value for their products.
Pillai said that Amazon India is trying to attract various artisan groups such as State government organization and cooperative bodies such as Tantuja (the supreme body of handloom weavers in West Bengal). Another one is the Jharkhand Silk Textile & Handicraft Development Corp. Currently, 15 government agencies, handicraft groups have joined the ‘Kala Haat‘ program of Amazon India. Out of these, a couple of groups such as Tantuja is selling their products overseas.
Business
EFX Algo’s April Ascendancy: Commanding $37.63 Million in Deposits with Profits Soaring to $3.27 Million
As of April 11, 2024, EFX Algo stands out as a formidable force in the automated trading industry, showcasing extraordinary growth with a record-breaking $39 million in deposits across over 520 accounts. This month alone, EFX Algo realized gains of $321.24k, contributing to an impressive yearly profit of $2.75 million, cumulating a total profit of $3.5 million.
This financial technology powerhouse, co-founded by industry leaders Danny Reardon, Bogdan Padua, and Joe Amara, revolutionized the investment landscape by merging advanced technology with deep market insight to deliver a truly automated, hands-free trading experience.
EFX Algo is marking a significant footprint in the financial technology landscape. This article delves into the remarkable achievements of EFX Algo, spotlighting its rapid growth and the exceptional monthly gains that captivate investors globally.
A Financial Phenomenon
EFX Algo began as an idea between co-founders with a shared ambition to democratize the trading market. Today, it stands as a juggernaut in automated trading, having processed over $39 million in deposits across hundreds of accounts. As of recent evaluations, EFX Algo manages these substantial funds and delivers impressive gains, with reports showing an upward trajectory of $1.43 million in profits in just one month.
“We created a platform that exhibits robust performance and reliability time and again,” Reardon said. “I think I speak for all of us at EFX Algo when I say we are proud to show our numbers, because they reflect our aims: Democratized trading profits for all.”
Innovative Trading Strategies and Performance Metrics
At the heart of EFX Algo’s success are its innovative trading strategies, designed to cater to various investor profiles from conservative to aggressive. The platform’s ability to yield consistent returns is evidenced by its performance metrics, boasting gains that significantly outperform traditional investment benchmarks.
“We employ a diversified approach, meticulously back-tested and refined, to ensure stability and growth amidst the volatile financial markets,” said Reardon.
Unparalleled Support and Client Success Stories
Beyond its financial accomplishments, EFX Algo shines in customer support and satisfaction. The platform has been likened to having a personal assistant, akin to ‘Alfred from Batman,’ always ready to assist and enhance the investment journey.
Testimonials abound of users experiencing substantial portfolio growth, with one investor highlighting a 20.5% increase in just four months.
“We care about empowering investors with the tools and support necessary for success,” Reardon shared.
A Transparent and Trustworthy Trading Partner
Transparency and trust form the cornerstone of EFX Algo’s philosophy. Through real-time data verification with Myfxbook, clients and would-be clients alike can independently assess the platform’s performance, ensuring that their investment decisions are based on genuine and untampered data.
“We believe our openness cements our reputation as a reliable partner in the automated trading industry,” Reardon said. “We are building a community of informed and enabled investors.”
A Visionary Leap into the Future of Trading
EFX Algo is a vision realized, transforming the space of automated trading and setting new benchmarks in financial technology innovation. As it continues to grow and expand its horizons, EFX Algo proves to be a gateway to financial equipment and independence. With its impressive growth, consistent performance, and dedication to client success, EFX Algo stands as a paragon of investment excellence, reshaping the future of trading one transaction at a time.
About EFX Algo
Founded by Danny Reardon, Bogdan Padua, and Joe Amara, EFX Algo is an innovative, fully-automated trading bot designed to provide 100% hands-free, high-return investment opportunities by transforming yearly gains into monthly profits, previously exclusive to an educational network and now available to the general public. The software is designed to manage investments and execute trades in the financial markets without the need for manual intervention. For more information, please visit: https://www.efxalgo.com
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