INDUSTRY: Start up as a Authorized Licensed "Sponsored" Amazon (FBA) Storefront Platform seller. Over 5 years of experience in the industry.
OPPORTUNITY: Scalability and Profitability is in this Multi Trillion-dollar industry.
NICHE: LSR PRODUCTS LLC will be selling these already licensed, authorized, approved, SPONSORED Amazon products. These products have a Sell Through Rate (STR) of or better meaning, sold quickly, repeatedly with a high Inventory Performance index (IPI) rate. These name brand products i.e. Colgate, Whirlpool (filters) to mention a few are priced competitively are fulfilled by Amazon (FBA) centers with the benefit of FAST FREE shipping and delivery. Though our categories have a lower net profit margin of (12-15%) volume makes up the difference while reducing risks and potential added costs and expenses.
EXPERIENCE: Five (5) years previous experience selling my patent pending international eyewear lanyards, "CottonSnaps" utilizing Shopify, eBay, e-commerce platforms and 300 retail outlets.
GROWTH: Morgan Stanley states e-commerce makes up 22% of sales ($3.3 trillion) and is likely to reach $5.6 trillion by 2026. Over 60% of Amazon's sales revenues come from private sellers. Amazon hosts over 343 million products. Amazon's net revenue ending September 2023 over ($554 B) up 9.4% over 2022. Amazon has over 200 million "Prime Club" members which is why, Amazon's (FBA) Storefront Platform is the number ONE place shoppers look too. Prime membership accounted for 67% of all US households and 71% of Amazon's customers were Prime members. Amazon ships 1.6 million orders each day thereby, racking up 16.3 million dollars in sales revenues every second raking in revenues of 1.4 billion each day.
- Amazon's share of the pie is 37.8%
- Walmart is 6.3%
- eBay with 3.5%
- Pole 2022 concluded that:
- 80% used e-commerce due to fast and free shipping.
- 69% wide selection of products
- 66% used their Prime Membership (free shipping)
- 49% due to pricing
- 44% easy return
HIGH FOCUSED PRODUCT CATEGORIES:
- 41% Clothing, shoes and jewelry
- 36% Electronics
- 30% home and Kitchen
- 29% Cell & Accessories
- 29% Beauty & Personal Care
- 28% Grocery & Gormet Food
MORE INFORMATION UPON REQUEST: A comprehensive Business Plan includes P&L for 2023 of Actual Storefront Financials, Start-Up Costs, LSR Cash flows, scaling for years 1 and 2.
Magazine Article on Cotton Snaps see: https://planomagazine.com/made-in-plano-cotton-snaps
KEY FACTS:
$100 k
INDUSTRY:
E-commerce Amazon (FBA) Storefront Platform
PRODUCTS:
Offering only Amazon fully licensed and approved High Focused Categories (see above).
YEAR FOUNDED:
11/2023
COMPANY NAME:
LSR PRODUCTS LLC
LOCATION:
Plano, Texas
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