Megatron Ltd's eStore Celebrates First year Serving the Cayman Islands.
Megatron's Megastore (www.megastore.ky) celebrates one year displaying over 100,000 IT and Consumer Electronics products to the Cayman Islands marketplace. The e-store is powered by Klatu's eCom international e-commerce solution.
"Our product business has been completely revolutionized by the new business model utilizing the Klatu engine. " Said Chris Lopez, Megatron's Managing Director. Mr. Lopez went on to say: "The average resource cost of doing a product transaction the old way has been removed from the model allowing us to focus our resources on our services and customer relationships. This is very significant in an industry where manufacturers and US e-tailers are coming down stream while product margins are falling."
"Our customers and our sales teams use the engine to close sales. By doing this we have been able to reduce our on hand inventory from $250,000 to $60,000 while realizing increased margins on products. Customers tend to qualify themselves online, which saves us time and tme is money in this business."
Klatu's platform enabled Megatron to introduce a new standard for efficient and informed technology buying and selling on Grand Cayman. We are very pleased to partner with Chris and his team at Megatron." said Ralph Falkenburg, Klatu's President. "Megatron was one of the first resellers we signed and has been instrumental in assisting us to develop additional functionality." Statistically, around 3,500 visitors (nearly 10% of Grand Cayman's population) has visited the Megastore e-store during its first year.
As the Cayman Islands marketplace acclimates to purchasing online, Megatron's e-store represents the best solution for the consumer. A consumer can choose from a huge online selection of products (like from US E-Tailer websites)with the knowledge that a local well-established reseller is there to also support their needs.
About Megatron
MegaTron Ltd is a Cayman based Technology Services Company dedicated to helping clients succeed with their IT strategy and resource investments. Founded in 1984, our mission has been to transform a traditional computer sales company into the leader of creative business technology in the Cayman Islands. MegaTron prides itself on being an expert in the most advanced technologies, and in understanding the business and individual needs of our clients. For more information, please visit our corporate website at www.megatron.ky, our e-store at www.megastore.ky, or e-mail us at info@megatron.ky
About Klatu
Klatu delivers complete international e-commerce business solutions throughout Latin America. Since 1999, Klatu Inc. has focused on IT and Consumer Electronics resellers and is the only international ASP solution provider. eCom, the underlying engine integrates CNET's highly structured content and images with pricing and availability information from major supply chain partners. The functionality includes product pricing and availability, multiple payment methods, a pricing engine, product filtering, multiple INCOTERM pricing, landed-cost pricing, multiple languages, and currencies. The resulting solution is powerful, affordable, and easily customized to a customer's requirements. For more information, please visit www.klatu.net or e-mail us at info@klatu.net
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