MIRAMAR BEACH, FL, March 09, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — MasterBeat Corporation (OTC: MSTO), a company specializing in hard, tangible asset acquisitions with an intense focus on real estate, precious metals, collectible classic automobiles, and other tangible assets announces its JTEC Autoworld, in collaboration with Epicor, will incorporate Amazon and eBay into its Sales, Distribution and Marketing Strategy for its online Automotive platform: www.jtecautoworld.com. As JTEC expands the roll out of its automotive online platform, it will utilize the Amazon and eBay services to further help its marketing, sales and exposure strategy.
Amazon continues to grow as a significant source for Auto Parts and Accessories. Forecasts estimate Amazon 2020 auto parts sales, accessories, and car care product revenues at $8.3 billion, plus $1.9 billion in OEM replacement auto parts sales for a combined total of $10.3 billion. In past years, most of Amazon auto parts sales growth came from direct Fulfillment by Amazon (FBA) sales, known as first party sales or “1P.” 1P sales typically include Amazon Prime sales and offers. Most of Amazon’s 1P sales come either from manufacturers supplying Amazon direct or from warehouse distributors (WDs). It is estimated that Amazon’s auto parts sales for 1P to hit $4.6 billion in 2020. Third party sales through Amazon are known as “3P.” It is projected that Amazon auto parts sales for 3P is around $5.7 billion in 2020…
