Press Release Source: American Pacific Rim Commerce Group On Monday November 8, 2010, 4:15 pm
CITRA, Fla., Nov. 8, 2010 /PRNewswire/ -- American Pacific Rim Commerce Group (Pink Sheets:APRM.pk - News) (www.aprcg.com), building on Revenue Guidance issued on Monday, November 1, 2010, today announced further guidance related to its proprietary ecommerce platform to be named mymyJ and the underlying methodology for its development, testing and revenue drivers. In determining the product categories, the Company relied upon published research, internal studies and noted experts. Beta-testing of mymyJ platform is on-going and the Company anticipates launching its proprietary technology, which translates English to Mandarin and Cantonese dialects seamlessly, so Small and Medium U.S. (SME) manufacturers and producers of goods products and services can cost effectively and efficiently communicate, market and sell their goods to willing buyers in China and Hong Kong.
Stated Raymond Talarico, President, "Accordingly, given our in-depth research and analysis of the market, and where the Chinese consumers are spending their discretionary income, we have developed a focused product category lineup from which we will launch mymyJ and initiate sales to Asia." Further stated Talarico, "Given the Chinese consumers proclivity for allocating their on-line purchases in this manner, our next phase will be to finalize contracts with those quintessential U.S. brands, which strengthen our broad initiative of being the first mover in the direct-to-consumer market serving the Chinese consumer with products made in the U.S.A."
AMERICAN PACIFIC RIM COMMERCE GROUP
Projected Ranking of Product Penetration as a Percentage of Sales: 2011
Clothing-Women's
16.75%
$2,123,739.20
Clothing-Men's
14.50%
$1,838,460.80
Books & AV Products
8.25%
$1,046,020.80
Cosmetics & Personal Care
8.00%
$1,014,323.20
Digital Products (Camera, MP3/4, DVD, etc)
7.50%
$950,928.00
Virtual Cards (Visa, MasterCard, Pre-paid Phone etc)
7.25%
$919,230.40
Housewares & Supplies
6.25%
$792,440.00
Communication Products (Cell Phones, etc)
5.75%
$729,044.80
Toys
4.75%
$602,254.40
IT Products (computer, notebooks)
4.75%
$602,254.40
Small Home Appliances
4.50%
$570,556.80
Jewelry
3.75%
$475,464.00
Food & Health Care Products
3.50%
$443,766.40
Maternal & Infant products
2.00%
$253,580.80
Large Home Appliances
0.50%
$63,395.20
Other
2.00%
$253,580.80
100.00%
$12,679,040
AI
