DAVIE, Fla., May 6, 2015 /PRNewswire/ -- Golden Grail
Technology Corp (OTC: GOGY; "Golden
Grail" or the "Company"), a technology and software
solutions provider to companies with unique value propositions
operating in mass market consumer sectors, today is pleased to
announce that by introducing new products and increasing marketing
efficiency, the Company was able to increase sales in the first
quarter 2015 by over 17% quarter-over-quarter, despite record sales
during the late 2014 holiday shopping season.
eCommerce sales always have seasonal fluctuations, especially
with premium, mass-market consumer-focused products such as Jewelry
and Clothing. While the fourth quarter (October – December)
is undoubtedly every eCommerce merchant's most exciting and
successful quarter given the holiday season, the following first
quarter is typically the slowest quarter for eCommerce and least
successful for merchants overall.
"For most eCommerce merchants, this seasonal peak-to-trough
'shopping' swing is very hard to overcome, especially in the first
quarter. We are pleased to see that our Q1 2015 sales have not only
ramped up, but also outpaced our otherwise stellar Q4 2014 sales.
Now in Q2, we're focused on introducing new products and hope to
continue this growth trend into the coming quarters," commented
Michael Brodsky, President, Golden
Grail Technology.
About Golden Grail Technology Corp
Golden Grail Technology Corp (OTC: GOGY) is a technology and
software solutions provider to companies with unique value
propositions operating in mass market consumer sectors such as
jewelry, health and personal care, beauty, electronics, pet and
animal supplies, sports and games. Golden
Grail's mission is to utilize their network of industry
experts who specialize in targeting areas of business that can be
accelerated with technology in order to give small companies an
opportunity to compete with industry giants. Golden Grail is currently focusing on their
e-commerce accelerating platform, which allows companies to enter
digital markets quickly, economically and compete effectively with
larger brands. eMarketer research projects U.S. e-commerce sales, a
market valued at $225 billion in
2012, will grow to $434 billion by
2017, representing a CAGR of 14%. The Company's flexible,
revenue-share business model provides quick market entry and
diversification with a low overhead – working to minimize risk and
maximize investment return.
Golden Grail Technology Corp is headquartered in Davie, Florida. For more information, please
visit www.goldengrailtechnology.com . For industry related news and
updates, be sure to follow Golden Grail Technology on Facebook and
Twitter.
Forward-Looking Statements:
This press release includes forward-looking statements
concerning the future performance of our business, its operations
and its financial performance and condition, and also includes
selected operating results presented without the context of
accompanying financial results. These forward-looking statements
include, among others, statements with respect to our objectives
and strategies to achieve those objectives, as well as statements
with respect to our beliefs, plans, expectations, anticipations,
estimates or intentions. These forward-looking statements are based
on our current expectations. We caution that all forward-looking
information is inherently uncertain and actual results may differ
materially from the assumptions, estimates or expectations
reflected or contained in the forward-looking information, and that
actual future performance will be affected by a number of factors,
including economic conditions, technological change, regulatory
change and competitive factors, many of which are beyond our
control. Therefore, future events and results may vary
significantly from what we currently foresee. We are under no
obligation (and we expressly disclaim any such obligation) to
update or alter the forward-looking statements whether as a result
of new information, future events or otherwise.
Investor Relations
Email: IR@GoldenGrailTechnology.com
Phone: 888-225-4661
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SOURCE Golden Grail Technology Corp
