Fruit Spreads Market Report 2020 by Supply, Demand, Consumption, Sale, Price, Share, Revenue and Top Manufacturers

A new market study, titled “Fruit Spreads Market Research Report- Global Forecast till 2023”, has been featured on WiseGuyReports.

PUNE, MAHARASTRA, INDIA, October 22, 2020 / — Fruit Spreads Market

The Fruit Spreads market report gives an integrated insight into the industry and the core components that influence its performance at the global level. A brief explanation of the chief market offering has been highlighted along with its use in the end-user industry. The chief elements that exist in the market setting and influence the business landscape have been identified and critically examined. On the basis of the detailed assessment, the growth potential of the Fruit Spreads market at the global level for the forecasted period of 2020 to 2025 has been determined.

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Insight into the Fruit Spreads market

A broad range of factors exist in the industry and influence the business environment. In the Fruit Spreads market report, the micro and macro factors that exist in the market have been identified and explained. Some of the key factors that have been assessed are the adoption of latest technology the market participants, the fluctuation in the level of supply and demand in the market and the expansion of the global population. The initiatives that have been taken by the government influencing the market have also been examined. Similarly, special attention has been given to the intense market competition as it affects the market performance.

Evaluation of market segments

The Fruit Spreads market has been segmented on the basis of a broad range of aspects such as the end-use application, type, and geographical regions. A detailed segmentation analysis has been performed to identify the underlying factors that influence the market performance. Some of the chief geographical regions that have been identified and examined in the market report include Latin America, Europe, North America, the Asia Pacific and the Middle East and Africa. The performance of the business participants in each of the geographical regions shapes the ultimate performance of the market at the global level.

Research methodology

An inclusive research of the Fruit Spreads market has been carried out by the qualified market research team. Strategic approaches and tools have been used for conducting the research and analysis of the market. SWOT analysis has been performed which has highlighted the strengths, weaknesses, threats and opportunities that mold the quality of the market environment. The competitive intensity that is prevalent in the market has been examined by using Porter’s Five Force model.

Players in the market

The key market players that function in the Fruit Spreads market have been identified. An exhaustive examination of these market players has been performed, including the strategic approaches that are adopted by them to gain an edge over their competitors and reach the vast market audience.

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Source: EIN Presswire

IFBC Expansion Strategy for the Distribution of Its Energy Drink

IFBC Find Your Power

IFBC Find Your Power



Italian Food & Beverage Corp. (OTCBB:IFBC)

PLANVIEW, NEW YORK, UNITED STATES, October 21, 2020 / — Italian Food & Beverage Corp. (OTC- IFBC) is honored to express our sincerest gratitude to our investors in the open market for their support and loyalty. As always, we remain fully committed to the success of our company, and we continue our dedicated support of each of our existing clients in every way possible. This support extends to product reinforcement and a commitment to marketing for each individual client location. During these difficult times, IFBC has made it vitally important for consumers to know which of our client businesses remain open and where they can find our products.

The result of the bond between IFBC and our loyal clients has yielded more than 500 client locations to the IFBC family in less than four months. This is especially impressive given the onerous restrictions which Covid-19 has placed upon commerce. Irregardless of impediments or restrictions, we will persist in supporting our clients, helping them survive in these difficult times by driving business to their doors through social media promotions and event tastings.

It is a matter of great pride to us that we have received glowing feedback from almost all of our client-owners and consumers. They rave about the outstanding taste, mouth-feel and price of our energy drinks, especially when compared to the competition. It is our fervent goal to expand our range of clients so that so many more consumers may have access to it. Accordingly, we will do our best to meet the increasing demand of our product by steadily and organically expanding operations in those territories in which we have been successfully established, and by making inroads, into new territories, such as Queens, The Bronx and Brooklyn. It is important to note that some of our restaurant clients have included our energy drink into their menus, something for which IFBC is extremely grateful.

We have already undertaken our next level of expansion by exploring market penetration into other states. We strongly feel that the greater exposure of our product to the consumer, the greater will be the demand for it. As such, we anticipate some supply challenges in the growing demand for our energy drink, and, thus, humbly request your patience. In the meantime, we will continue with the devoted support of your business.

In other news, the name recognition of our energy drink has benefited greatly from the enthusiastic endorsement of our unofficial sports ambassadors, Michael D’Orlando, the highly-celebrated race car driver, and Piercarlo Ricasoli, the 2019 Italian Kite Wave Champion.

These gentlemen have, and will, figure prominently in our marketing campaigns, especially as they continue to produce great results on their respective circuits. In fact, Michael D’Orlando recently heightened his chances of achieving Indy status by winning third and fourth places in a grueling New Jersey racing competition.Covid-19 permitting, in November, Piercarlo Ricasoli will resume his quest in the US, for another Kite Wave Championship.

Forward Looking Statements:
This release contains "forward-looking statements" and information provided by Italian Food & Beverage Corp. such as online, printed documents, publications or information available via its website. It may contain certain forward-looking statements that involve risks, uncertainties, assumptions and other factors, which, if they do not materialize or prove correct, could cause the Company's results to differ materially from historical results, or those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements. These statements may also include plans, strategies and objectives of management for future operations; any statements regarding proposed new products, services or developments; any statements regarding future economic conditions or performance; statements of belief; and any statements of assumptions underlying any of the foregoing. There can be no assurance that the negotiations being considered by the letter of intent will be completed.

Italian Food & Beverage Corp.
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Source: EIN Presswire

Award-Winning Author, Adrienne Rubin, Celebrates 1 Year Anniversary Of Her Memoir With Special Kindle Sale

A Sale Price of 99 cents for Diamonds and Scoundrels: My Life in the Jewelry Business

Adrienne Rubin

Rubin’s story describes a jeweler's fascinating business from a wholesaler’s point of view and the glamourous and exciting world of jewelry trade.

LOS ANGELES, CA, US, October 21, 2020 / — She Writes Press is pleased to announce its first-anniversary sale for acclaimed author, Adrienne Rubin's memoir, Diamonds and Scoundrels: My Life in the Jewelry Business, an informative and entertaining memoir about the secretive world of gold and diamonds. For one week only, you can purchase Rubin's memoir that follows her as she starts in the jewelry business for just 99 cents and read it directly on your mobile, tablet, or computer device.

Rubin entered the business world out of boredom as a young married woman when her children were still in school. Full of courage, naive, and seeking achievement in a man’s world, she believed that success would come to all who persevere. Adventurous and gutsy, she fought challenges at every turn and refused to quit. Her story adeptly interweaves the human side with the business side, with lessons on entrepreneurship, trust, and what can be done when faced with deceitful dealers and partners. It’s an adventure where crooks and thieves abound.

What is unusual about Rubin’s story is that she describes this fascinating business from a wholesaler’s point of view. The jewelry business today, along with many others, is difficult; however, engagement rings and diamonds are still in demand, and jewelers will always have customers. At Christmas or anniversary time, there is nothing more popular than a gift of diamond jewelry.

After 30 years in the business, Rubin made a decision to retire when her lease was up. The rent was about to double and had she stayed, the expenses would have left little or nothing to take home as a salary.

In her words, “Selling jewelry was a fun and exciting way to earn a living — procuring gifts to sell for happy occasions. Making people happy, participating in their celebrations, the beauty of 'fire and ice,' — I did have a lot of fun. The biggest challenge for me was after I became a partner with others. I got scammed and ended up in court in an attempt to get what I truly deserved. I stuck to my guns and kept on going."

Make sure to get your hands on this exclusive sale ending October 23 to find out the intriguing conclusion to this epic story.

Diamonds and Scoundrels: My Life in the Jewelry Business is on sale online for 99 cents this week only through October 23.

You can purchase your copy online at


Adrienne Rubin:

Adrienne Rubin is a wife, mother, teacher, and businesswoman who started a wholesale jewelry company from scratch. Originally a high school French teacher, Adrienne published two cookbooks for charity before making the decision to go into business as an importer of fine jewelry, selling to the trade. Selling successfully to stores all over the United States, she eventually opened Avanti Fine Jewelry, her own jewelry store in Beverly Hills.

An entrepreneur, risk-taker, and iconoclast, Adrienne believes that, even though honesty and integrity are losing ground to greed and a lack of ethics in today’s world, rewards will come to those who persist. She is passionate about showing aspiring business owners how to put the “I can do that!” into everyday practice.

As the recipient of the 2019 Jane Wyman Humanitarian Award from The Arthritis Foundation, Adrienne has been recognized for her efforts to raise funds and awareness for this painful disease. Today her recent pursuits involve investing in real estate and spending time with her husband, her children, and grandchildren in Los Angeles.

Aurora DeRose
Boundless Media Inc.
+1 951-870-0099
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Source: EIN Presswire

Relaunch of Iconic Sniper Bladeworks Drawing Global Backing on Kickstarter

Lance Abernathy

Lance Abernathy, Award-winning Knifemaker

Sniper Bladeworks

Sniper Bladeworks Logo

Premium tactical knife company Sniper Bladeworks has raised over $90,000 on Kickstarter in less than one month and is receiving national media attention

The fact that we have raised $90,000 in one month is proof positive that grassroots support is driving engagement and backers.”

— Lance Abernathy

KANSAS CITY, MO, USA, October 21, 2020 / — Sniper Bladeworks has overcome many challenges in its 11-year history, as documented in the acclaimed “maker” video about founder and award-winning designer Lance Abernathy: Its Kickstarter—featuring five limited edition, numbered, and signed blades—has presented some of its own hurdles to the small but dedicated “Team Sniper.”

As CEO Adam Pener explained: “Google and Facebook don’t allow ads for knives, which has put us at a significant disadvantage. The fact that we have raised $90,000 in one month is proof positive that grassroots support is driving engagement and backers. People are working hard to spread the word, for which we are incredibly thankful.”

Key to the campaign has been the vocal support of Sniper’s hometown, Kansas City, and Lance’s fellow knifemakers. This hasn’t been lost on Lance: “Our community and fans have really picked up our small business and we’re asking them to lean into this campaign even harder. Our goal is to have 50,000 visitors to our Kickstarter. We appreciate everyone who is helping to spread the word.”

National media outlets are taking notice, which is further driving traffic to a Kickstarter campaign that is picking up steam. In addition to knife-specific podcasts such as ‘Knife Nuts’ and ‘Knife Junkies’, Lance will appear on ‘The Thought Leader Evolution’, the critically acclaimed podcast by Nicky Billou. Both he and Pener will also appear on leading Kickstarter podcasts.

Despite the tremendous success thus far, Sniper sees a lot of work ahead to reach its goal—opening up full time in Kansas City and hiring local veterans, police, and other hometown heroes. To reach that goal, Sniper has made available only 555 units for each of the five limited-edition models available exclusively through Kickstarter. Once the campaign is over, these individually numbered knives will no longer be available, so the company is encouraging customers to act now.

Said Pener: “Lance resonates with people. Most Americans know how hard it is to sacrifice to build a small business, to ask for help, to experience losses and wins. Words truly can’t describe how amazing it is when your hometown, and even your competitors, roll up their sleeves to help you achieve your dream of a full-time business.”

Both Lance and Adam, who is a nationally recognized thought leader and start-up specialist, are ready and able to tell this fascinating story that has listeners and campaign backers riveted.

# # #

For more on Lance Abernathy, and how to support the 2020 : Reload campaign, follow along on Instagram at @sniperbladeworks or visit our website at

Please contact Joe Johnson via email at for more information or to schedule an interview.

Joe Johnson
SBW Holdings, LLC
+1 503-487-7970
email us here

Kickstarter: Award-Winning Tactical Knives by Sniper Bladeworks

Source: EIN Presswire

TensorIoT Joins the LoRa Alliance®

TensorIoT embraces LoRaWAN® for IoT Deployments

Joining the LoRa Alliance is a manifestation of our ability to drive and deliver a sustainable future with IoT and LoRaWAN technology.”

— Destinee Alderete

IRVINE, CALIF, UNITED STATES, October 21, 2020 / — TensorIoT, an AWS Advanced Consulting Partner focused on IoT, ML, and AI, has been formally welcomed into the LoRa Alliance® as the newest Adopter member. The LoRa Alliance is the global association of companies backing the open LoRaWAN® standard for IoT low-power wide-area networks (LPWANs.)

The LoRa Alliance, a nonprofit association committed to enabling large scale deployment of Low-Power Wide-Area Networks (LPWAN) IoT, has formally welcomed AWS Advanced Consulting Partner TensorIoT as the newest member utilizing LoRa to develop new products and services with greater efficiency.
Destinee Alderete, Director of Operations for TensorIoT explained, "TensorIoT is harnessing the power of IoT in our solutions on the cutting edge, joining the LoRa Alliance is a manifestation of our ability to drive and deliver a sustainable future with IoT and LoRaWAN technology." TensorIoT offers production level applications that allow customers to increase profits, reduce operational costs, and drive customer value and growth.

TensorIoT V.P. of Products and Solutions, John Traynor, commented, "As demand grows for industrial IoT solutions in transportation, commercial real estate, manufacturing, and the public sector, customers are seeking reliable ways to connect sensors and smaller devices to new cloud applications. Membership in the LoRa Alliance allows us to achieve the LoRaWAN Certified mark so customers of our updated Smart Building Reference Kit, Asset Tracking Reference Kit, and other forthcoming products will be able to purchase and deploy with even greater confidence." LoRaWAN is the defacto global standard for secure, carrier-grade IoT LPWAN connectivity empowering large-scale, mass IoT deployments that drive smart buildings and other IoT innovations. "LoRaWAN device certification is critical for end users and the IoT ecosystem to ensure devices have been tested and perform as expected once deployed," said Donna Moore, CEO and Chairwoman of the LoRa Alliance. "I am thrilled to have TensorIoT join the LoRa Alliance with the goal of certifying their devices. I look forward to learning more about TensorIoT's portfolio of industrial solutions and seeing the LoRaWAN Certified Mark on their products.”

LoRa Alliance®, LoRaWAN® and LoRaWAN Certified are marks used under license from the LoRa Alliance.

Kristina Favela
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Source: EIN Presswire

National Floors Direct: Restoring Flooring in Historic Locations

National Floors Direct Reviews some Recent Projects Focused on Restoring Flooring at Historic Locations

FREEPORT, ME, USA, October 21, 2020 / — Preservation and restoration of historic houses require special skills and materials that match the house’s period. National Floors Direct Reviews specializes in historical restorations such as projects at Pier A Harbor House and the Canal Street Market.

Historic Restoration Materials
One of the challenges for these types of restorations is finding a flooring product that matches the original. Some desired materials may no longer be in production. The only main options for projects like this are manufacturing a product matching the original specifications or finding the original product in a large enough stockpile.

If you want to restore the property, you need to restore its original look. This may seem frustrating because sometimes you desire an updated look, but this not an option for historical restorations. Sometimes restorations can be done without replacing the floor.
The options include:
Deep cleaning,
Refinishing with renewal products,
Sanding to refinish,
Staining to refinish.

National Floors Direct Historic Flooring Expertise
In some cases, materials represent only the beginning. Expertise sets apart the professionals. You need a restoration firm that knows and can apply restoration techniques to re-create the original work. This can mean a certain installation technique was used or can refer to re-creating an installation pattern.

National Flooring Direct serves the northeast US, with many of the country’s historic properties requiring upkeep. You may need services like ours elsewhere. You need to know what to look for in a flooring firm with respect specifically to historic preservation:

First, choose a company with experience in the type of restoration work your home or property requires. Most firms that conduct this type of project discuss it on their website, or you will have read articles about their past projects.

Second, locate at least three such companies to compare their projects and methods. Comparing multiple companies will allow an easier process of choosing a firm that you are satisfied with.
Third, conduct a thorough review of their prior restoration projects. You can typically find an online portfolio of their work on their official website. This should include before and after photos of multiple projects and text descriptions of what each project was like.

Caroline Hunter
Web Presence, LLC
+1 786-233-8220
email us here

Source: EIN Presswire

Creek Water Whiskey launched by American global recording artist Yelawolf is now available in Walmart

Creek Water Whiskey

Creek Water American Whiskey 100 proof

Creek Water Cinnamon Flavored Whiskey

The flagship 100-proof Creek Water American Whiskey, and 70-proof Creek Water Cinnamon-Flavored Whiskey both available for purchase at select Walmart locations.

RALEIGH, NORTH CAROLINA, UNITED STATES, October 21, 2020 / — Creek Water Spirits, created in partnership with American rapper Yelawolf and advanced technology and spirits company, Next Century Spirits, announced its whiskey products availability in select Walmart stores last week. The flagship 100-proof Creek Water American Whiskey, and the 70-proof Creek Water Cinnamon-Flavored Whiskey are both available for purchase in multiple Walmart stores in Florida and Missouri. “I am so proud that my brand SLUMERICAN has partnered up with Walmart to introduce Creek Water Whiskey!! I grew up on Walmart, I was literally raised on layaway, and I consider the Walmart culture a strong thread in the roots of my brand SLUMERICAN. It is an honor, and a privilege to be there. We’re looking forward to further expanding our connection to the one and only legend, that is WALMART!!!” said Yelawolf.

Since its inception in 2018, Creek Water Whiskey has produced more than 8,000 cases and distributes to 23 states across the country. “Creek Water Whiskey is honored to be part of the Walmart family as we begin providing our award-winning spirits in select stores,” said Scott Bolin, CEO of Next Century Spirits “The product portfolio has earned the recognition of fans across the globe and has received over 13 medals in tasting competitions in the last year.”
The spirits company next plans availability for additional Walmart stores located in Michigan and Louisiana. For a complete list of locations and updates, visit

Current availability includes the following stores:

Wal-Mart Supercenter Us Hwy 19 Suite A, Hudson, FL 34667
Wal-Mart E Gulf To Lake Highway, Inverness, FL 34453
Wal-Mart Cortez Blvd, Brooksville, FL 34613
Wal-Mart Neighborhood Market Elliot Dr Suite A, Tampa, FL 33615
Wal-Mart Supercenter Gibsonton Drive Suite A, Gibsonton, FL 33534
Wal-Mart Gall Blvd Ste A, Zephyrhills, FL 33541
Wal-Mart South Dixie Hwy Suite B, Florida City, FL 33034
Wal-Mart Collins Road – Suite 1, Jacksonville, FL 32244
Wal-Mart Supercenter 34Th St South Suite B, St. Petersburg, FL 33711
Wal-Mart Old Lake Wilson Rd, Kissimmee, FL 34747
Wal-Mart Supercenter Brannan Rd Suite A, Middleburg, FL 32068
Wal-Mart Supercenter Blanding Blvd, Orange Park, FL 32065
Wal-Mart Supercenter South State Road 228, Macclenny, FL 32063
Wal-Mart Cypress Point Parkway Suite A, Palm Coast, FL 32137
Wal-Mart Supercenter 103rd Street Suite A, Jacksonville FL 32210
Wal-Mart W Granada Blvd Suite A, Ormond Beach, FL 32174
Wal-Mart US HWY 27, Clermont, FL 34714
Wal-Mart SAN PABLO ROAD SOUTH, Jacksonville, FL 32224
Wal-Mart State Road 674, Wimauma, FL 33598
Wal-Mart Supercenter Okeechobee Rd, Fort Pierce, FL 34947
Wal-Mart Commercial Way, Spring Hill, FL 34606
Wal-Mart Michigan Ave, Arnold, MO 63010
Wal-Mart S Elliott Ave, Aurora, MO 65605
Wal-Mart NW 12th Avenue, Ava, MO 65608
Wal-Mart State Hwy 13, Branson West, MO 65737
Wal-Mart Blvd, Chesterfield, MO 63005
Wal-Mart Conley Rd, Columbia, MO 65201
Wal-Mart Erka Twn Cntr Dr, Eureka, MO 63025
Wal-Mart Stadium West Boulevard, Jefferson City, MO 65109
Wal-Mart S Kirkwood Rd, Kirkwood, MO 63122
Wal-Mart SW 1st Ln, Lamar, MO 64759

For more information about Creek Water Spirits and Next Century Spirits, visit or


From the mind of Slumerican founder and global recording artist Yelawolf, Creek Water is a new American Whiskey breaking traditional brand barriers through grassroots, viral & lifestyle marketing, our unique approach fosters a bond with loyal consumers who have true style and grit.

About Next Century Spirits

Next Century Spirits blends together traditional distilling techniques with advanced and unique finishing technologies to create enhanced spirits. Our patented processing technology allows traditional distillers to expand their repertoire of achievable flavors and aromas. The technology allows for tight control over the production process, maintaining consistency and high quality resulting in the ability to create bold, complex flavor profiles for spirits used in everything from craft brands to large, bulk blends.

Our creations have been recognized internationally at the San Francisco World Spirits Competition, New York International Spirits Competition, Wine & Spirits Wholesalers of America, Pr%f Awards, Sip Awards, and most recently the American Distilling Institute.

Press Inquiries
Next Century Spirits
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Creek Water American Whiskey

Source: EIN Presswire

Maykaa Jaipur- A Fashion Jewellery Brand from Jaipur

Maykaa Jaipur

Maykaa – A home-grown brand that is launching exclusive designer jewellery for all styles and looks for women.

Maykaa is an emotion, and the home-grown designer jewellery brand stems from this emotion. Every piece of jewellery is carefully curated by artisans with high expertise and decades of experience.”

— Customer Care

JAIPUR, RAJASTHAN, INDIA, October 21, 2020 / — Maykaa makes designer jewellery for women to make every woman’s life more beautiful than it already is! They provide a wide assortment of jewellery in the range of earrings, rings, neckpieces, headpieces, and handpieces. Along with curating fashion and traditional jewellery pieces and sets, Maykaa carries a unique feature with them. They also sell looks.

They sell looks in three broad categories:
Boss lady- Designer fashion jewellery and traditional jewellery for working women.
Social diva- Jewellery for the purposes of parties and gatherings like wedding jewellery, party wear jewellery even bridal necklaces.
Everyday aesthetics- A look that women don on a daily basis, but the variety is immense! This includes daily wear jewellery and statement jewellery!

All of this can be browsed and bought from their online store! Maykaa jewellery and its online store gives you the exclusive choice to piece together a look along with jewellery of your choice!

Check out their exclusive collection for the best jewellery experience at!

Customer Care
Maykaa Jaipur
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Source: EIN Presswire

Connected Gym Equipment Market Expected to Reach $1,048 Million by 2023

Connected Gym Equipment is projected to reach $1,048 million by 2023, growing at a CAGR of 31.1% from 2017 to 2023

PORTLAND, OR, UNITED STATES, October 21, 2020 / — Connected Gym Equipment Market by Product and End User: Global Opportunity Analysis and Industry Forecast, 2017-2023, the connected gym equipment market size was valued at $159 million in 2016, and is projected to reach $1,048 million by 2023, growing at a CAGR of 31.1% from 2017 to 2023. Cardiovascular training equipment in the global connected gym equipment market possesses a strong customer base. Demand for cardio equipment equipped with CSAFE connectivity, and compatibility with smartphones, iPod, and iPad is relatively much higher in the developed countries including the U.S., UK, and others. In addition, treadmills and stationary bicycles account for the most widely used type of cardiovascular equipment for weight management and overall body fitness.

In-depth analysis of the COVID-19 impact on the Connected Gym Equipment Market@

Increased adoption of smartphones, rise in health awareness, increase in obese population, and rapid growth in health clubs and gymnasiums drive the growth of the connected gym equipment market. In addition, increased disposable income across developing nations, such as Asia-Pacific and LAMEA is anticipated to create lucrative opportunities for the global connected gym equipment market. However, high cost of connected gym equipment hampers the connected gym equipment market growth.

Asia-Pacific has emerged as one of the largest growing markets in the global connected gym equipment market. Improvement in economic conditions in the region along with growth in disposable income are the key drivers of the market. Economic growth in several countries in LAMEA boosts the market growth. In addition, an increase in the number of millennial is projected to drive the growth of the market. Therefore, the untapped regions in Asia-Pacific and LAMEA possess huge growth prospects in the coming years.

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Health clubs or gyms generated the maximum revenue in 2016. Increase in the number of health clubs and gyms significantly drive the world connected gym equipment market. Health clubs drive the market for both cardiovascular and strength training exercises. In the U.S., gym membership rates have witnessed decent increase in the recent years owing to increasing incidence of obesity, with 34,460 clubs and 55 million members in 2015. Increasing health awareness among the population has increased the number of gym goers. Increase in per capita income, increasing urbanization rates, and growing youth population in developing economies are expected to offer lucrative opportunities to market players.

The U.S. is the largest market of connected gym equipment globally. The country exhibits the highest penetration of cardiovascular equipment across the world on account of high obesity rates and increased health consciousness. Adoption of cardiovascular equipment with advanced features is higher compared to the western European countries. Moreover, the market exhibits rising demand for technologically advanced, high-end home cardiovascular fitness equipment in the region.

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Key Findings of the Connected Gym Equipment Market:
In 2016, strength training equipment was the second highest revenue generating product type, and is projected to grow at a CAGR of 30.0 % during the forecast period.
Elliptical under cardiovascular training equipment is expected to grow at the highest CAGR of 33.5%.
Health clubs or gyms accounted for more than 40% of market share in 2016, and is expected to dominate the global market by 2023.
Japan is the major shareholder in the Asia-Pacific Connected Gym Equipment industry, and accounted for around 33% share in 2016.
The key players in connected gym equipment industry focus to expand their business operations in the emerging countries by adopting various strategies, such as acquisition and contact/agreement. The major players profiled in this report include eGym, Les Mills International, Life fitness, Precor, Technogym, Draper Inc., IncludeFitness Inc., Paradigm Health & Wellness Inc., Johnson Health Tech Co. Ltd., and Nautilus Inc.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Tushar Rajput
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Source: EIN Presswire

UK Amazon sellers hit by badly designed digital tax

Seller Dynamics

Seller Dynamics

UK third party sellers on Amazon face increased costs due to a poorly designed Digital Tax that misses it's supposed target.

this digital services tax only highlights how poorly the government understands online retail”

— Alex Ogilvie

STIRLING, UK, October 21, 2020 / — badly designed tax, applied in April 2020 by UK Chancellor Rishi Sunak, is set to penalise small online retailers.

As reported by The Times on Wednesday 14th October, the tax being criticised by The British Independent Retailers Association and by at least one Conservative Peer is the new “digital services tax”. Introduced to address what the UK government sees as large online businesses failing to pay their fair share of corporation tax, it appears to have unintended, damaging consequences for UK based online retailers selling on the Amazon Marketplace.

Importantly the new tax relates to services supplied, not goods sold. That distinction ensuring large UK online retailers are not subjected to a new tax on online sales generated from their own websites.

However, third party sellers on the UK Amazon Marketplace pay a fee to the marketplace based largely on a variable sales commission – in other words they pay for services which fall under the new regime. As you would expect Amazon will pass those new costs on to the seller.

The result is a situation which increases the costs for the small retailer but not Amazon, themselves a retailer and often a competitor to the retailers on their marketplace. In essence the UK government's new tax misses it's intended target and hits it own retailers.

The new 2% digital services tax is seen as an interim measure while international agreement is sought on how best to tax large scale internet businesses operating across territories – businesses such as Facebook, Google and Amazon. The UK and other European countries are working with the OECD (The Organisation for Economic Cooperation and Development) to define the new tax rules, however the US has pulled out of those negotiations.

Alex Ogilvie, Director at Seller Dynamics, a marketplace management company that manages sales for third party retailers on platforms such as Amazon said, “the online world and the Amazon marketplace in particular, is extremely competitive. Any increase in the costs for third party sellers will hurt. Rather than implement a fair system, agreed internationally, the UK has introduced a tax that penalises its own UK retailers. It demonstrates the need for the UK to work with all the big online businesses to come up with something that is actually workable. It seems disingenuous for the UK government to criticise the likes of Amazon, when this digital services tax only highlights how poorly the government understands online retail.“

The Amazon marketplace provides online retailers a hugely valuable portal to sell on, and by Amazon’s own figures, half the sales on it are from third parties. Sales on the platform have soared following the travel and high street restrictions put in place to help manage the Covid-19 pandemic. Online retailers are attracted to it because of its significant reach and because there is no capital outlay for infrastructure. Instead a monthly fee is charged in addition to commission type fees which vary depending on the category of the product being sold, 15% is not uncommon.

The proposition from Amazon has resulted in many online retailers deciding to either not build their own websites or to only invest in them in a modest manner. Amazon also provide warehousing and fulfilment services, allowing online retailers to outsource sales and deliveries almost completely. For many retailers Amazon has been compelling.

The importance of the Amazon marketplace to independent online retailers should not be underestimated and the imposition of the digital services tax is likely to be extremely unpopular as costs are seen to rise.

Alex Ogilvie
Seller Dynamics
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Source: EIN Presswire