Spreetail, an omnichannel e-commerce company for bulky products, achieved 34 per cent annual sales growth, stable profitability, and significant investment last year.
With the oversized product category worth $300 billion, the results demonstrate substantial market share gains that surpass the e-commerce sector’s growth rate of 8.4 per cent.
“Our AI-driven solutions and global logistics network are transforming how these products are sold online, delivering superior economics for both Spreetail and our brand partners,” said Joshua Ketter, Global CEO at Spreetail.
By implementing AI platforms, Echo and SmartShelf AI suite, Spreetail has secured 40 per cent sales growth and boosted sales by improving customer insights.
In addition, the company achieved eight-figure revenue in the first year after the launch of Platform Services, recording a 95 per cent sales increase on Prime Day.
Other key highlights include maintaining an over 95 per cent on-time shipping rate, a 74 per cent reduction in stockouts, and an 11 per cent increase in inventory.
Founded in 2006, Spreetail has expanded its cross-border presence to over 10 European countries through major online marketplaces, including Amazon, Walmart, and Target.
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