Amazon, Walmart and eBay Offer SPYR Technologies Access to 500-Million Active Monthly Marketplace Shoppers
SPYR Technologies has successfully expanded its distribution channels by gaining access to over 500 million active monthly users through partnerships with Amazon, Walmart, and eBay. This strategic move aims to enhance product visibility and drive sales in the multi-billion-dollar smart home market. The company has launched various Apple HomeKit-compatible products and now offers them on these popular online platforms, catering to a growing e-commerce market expected to reach 2.14 billion online shoppers in 2021.
- Access to over 500 million active monthly users through partnerships with Amazon, Walmart, and eBay.
- Launch of multiple Apple HomeKit-compatible smart home products.
- Strategic positioning in the growing e-commerce market, expected to reach 2.14 billion shoppers by the end of 2021.
- None.
NEW YORK, NY, April 28, 2021 (GLOBE NEWSWIRE) -- SPYR Technologies (OTC Pink: SPYR) and its wholly owned subsidiary, Applied MagiX, have spent the last 3 weeks adding one new distribution channel after another. And the results are great news for the company and its shareholders. The expansion of the company’s distribution network has netted SPYR and Applied MagiX access to more than 500-million active monthly users with its presence on the top 3 most-visited online retailers in the world, Amazon, Walmart, and eBay.
Amazon Storefront (300-million active mo. users) http://bit.ly/AppliedMagix-StoreFront
Walmart Marketplace (120-million active mo. users) http://bit.ly/AppliedMagix-Walmart
eBay Marketplace (107-million active mo. users) http://bit.ly/AppliedMagix-eBay
According to Statista, a leading provider of market and consumer data, in 2020, about
So, given the difficulty of growing an audience from scratch, online marketplaces are a godsend for e-commerce businesses like Applied MagiX, a registered Apple developer operating in the multi-billion-dollar smart home market. As e-commerce continues to explode exponentially worldwide, SPYR and Applied MagiX have wisely chosen the 3 most popular online retailers to assist the company in driving sales, which should eventually lead to profit growth.
SPYR’s California-based Internet of Things (IoT) subsidiary recently launched a host of Apple HomeKit smart home products, including a secure video camera and 3 different smart home sensors that Applied MagiX sourced from its technology partner, Onvis. Since announcing the first products in its lineup, the company has been focused on reaching more shoppers, and to that end, both SPYR and Applied MagiX wasted no time increasing the number of online shoppers who can view their products by creating a distribution network of household names.
Each of these retail marketplaces will offer Applied MagiX the opportunity to showcase and sell sourced smart home products and accessories, as well as Apple CarPlay and Apple Watch products and accessories from trusted partners while developing relationships with customers and building an audience for its own brand and signature line of smart home products and accessories. There is no smarter plan for a company starting from scratch than building its business and brand by placing the company’s products on online marketplaces that have enormous built-in audiences of consumers who regularly shop these sites. Partnering with these large retailers also offers sellers access to some of the most innovative e-commerce solutions — advanced listing quality tools, advertising options, and expedited shipping programs that can organically boost conversion.
Amazon is overwhelmingly the world’s largest online retailer with 300-million active monthly users to its platforms, while also being the most popular shopping app in the United States with over 150-million mobile users. A staggering
Additionally, Amazon website statistics show that
Meanwhile, Walmart's online Marketplace with its 120-million active monthly users has been growing its e-commerce business year over year since its launch in 2009, culminating in a
Finally, the eBay Marketplace, which registers 107-million active monthly users, is currently the second-largest online marketplace in the total number of active buyers. In 2020, eBay added 11 million new buyers to bring its total to just over 185-million active buyers around the world.
The eBay app is used by
Applied MagiX also offers its current sourced products on its own e-commerce website. The company will be adding additional sourced products and its own brand as well, with a signature line of products currently in development.
- Onvis C3 Apple HomeKit Secure Video Camera -
$59.99 https://appliedmagix.com/shop/onvis-c3-camera - Onvis SMS1 Multipurpose Smart Sensor” (Environment & Motion) -
$19.99 https://appliedmagix.com/shop/onvis-sms1-homekit-motion-sensor - Onvis CS1 Multipurpose Smart Sensor with Alarm -
$19.99 https://appliedmagix.com/shop/onvis-cs1-smart-sensor-alarm - Onvis CT2 Door/Window Contact Sensor -
$15.99 https://appliedmagix.com/shop/onvis-door-window-contact-sensor-ct2
Read SPYR Technologies’ press releases at https://www.nasdaq.com/market-activity/stocks/spyr/press-releases
About SPYR Technologies
SPYR Technologies is a technology company that, through its subsidiary, Applied MagiX Inc., develops and resells Apple® ecosystem compatible products with an emphasis on the growing multi-billion-dollar smart home market. SPYR continues to identify and target acquisitions that will grow its footprint in the industry and expand the products it offers consumers, including companies developing artificial intelligence and smart-technology products.
About Applied MagiX, Inc.
Applied MagiX is an Internet of Things (IoT) company headquartered in Manhattan Beach, California, with an office in Hong Kong. The company is a registered Apple® developer that develops and resells Apple ecosystem compatible products with an emphasis on the growing multi-billion-dollar smart home market.
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