AUTO PARTS 4LESS GRP INC - FLES STOCK NEWS

Auto Parts 4Less Group, Inc. (FLES) will host a public Zoom meeting on January 18, 2023, at 5:00 PM ET to discuss updates on its automotive marketplace, AutoParts4Less.com. The company has discontinued its e-commerce site, LiftKits4Less.com, to focus on AutoParts4Less, resulting in expected fixed operational costs dropping below $300,000 monthly. Founder Christopher Davenport and CEO Tim Armes will lead the presentation and a Q&A session afterwards.

Auto Parts 4Less Group, Inc. (OTCQB:FLES) has launched AutoParts4Less.com, the first pure-play automotive parts marketplace. The platform lists approximately 2 million parts from over 25 sellers, aiming to exceed 5 million parts within six months. The U.S. auto parts market is projected to grow from $38 billion in 2022 to $67 billion by 2030. The marketplace charges no upfront fees to sellers, only a transaction fee upon sales. This strategic move positions the company to capitalize on the fragmented online auto parts industry, enhancing convenience for buyers and sellers.

Auto Parts 4Less Group, Inc. (FLES) announced the completion of their Adobe Commerce synchronization extension, enhancing connectivity for sellers on AutoParts4Less.com. This extension allows Adobe Commerce users to effortlessly add their products and manage orders on the marketplace. According to Christopher Davenport, this integration opens new revenue opportunities for automotive parts sellers, while expanding product availability for buyers. The initiative aligns with their strategy to unify the automotive parts selling ecosystem, alongside existing integrations with ChannelAdvisor and SureDone.

Auto Parts 4Less Group, Inc. (OTCQB:FLES) will hold a public Zoom meeting on November 1, 2022, at 5:00 PM ET to announce a major company milestone. The meeting, hosted by Founder Christopher Davenport and Board Chairman Tim Armes, invites investors, employees, and media for updates and a live Q&A session. This follows the company’s recent roll-out of its marketplace, AutoParts4Less.com, which focuses exclusively on automotive parts. Interested parties should RSVP via email.

Auto Parts 4Less Group, Inc. (OTCQB: FLES) has announced a NASCAR Xfinity sponsorship with MBM Motorsports for the Alsco Uniforms 302 race on October 15, 2022, at Las Vegas Motor Speedway. The #13 AutoParts4Less.com Toyota Supra will be driven by Matt Jaskol. CEO Christopher Davenport highlighted the sponsorship's potential for national brand exposure during NASCAR's playoff season. This move aims to enhance visibility for AutoParts4Less.com and engage with a broader audience of racing fans.

Auto Parts 4Less Group, Inc. (OTCQB: FLES) has completed its technical integration with ChannelAdvisor, enhancing the AutoParts4Less.com marketplace. This partnership allows automotive parts sellers to manage product data efficiently across various platforms, reducing the tedious uploading process and preventing overselling. With millions of parts now available, the company aims to provide a streamlined shopping experience for customers needing automotive repairs. Notably, this integration is expected to bolster their eCommerce capabilities significantly.

Auto Parts 4Less Group, operating under ticker FLES, has partnered with Digital Ignite to launch a $1.2 million advertising campaign aimed at boosting its marketplace, AutoParts4Less.com. This initiative is designed to enhance competitiveness against major eCommerce platforms such as Amazon. Digital Ignite utilizes data-driven strategies to effectively target automotive part buyers, with expectations of immediate sales impact for featured sellers. The campaign aligns with the company's strategy to establish AutoParts4Less as a leading auto parts-only marketplace.

Auto Parts 4Less Group (OTCQB: FLES) announced the successful implementation of Progressive Web App (PWA) technology on their automotive parts marketplace, AutoParts4Less.com. This technology enhances user experience by allowing the website to function as an app across major platforms. Founder Chris Davenport noted that PWAs can boost conversion rates and organic search traffic, while being more cost-effective than native app development. The marketplace, set to launch fully this summer, aims to feature millions of SKUs with competitive pricing.