Green PolkaDot Box Announces Plan to Limit Health Merchants to 2,000
23 April 2015 - 10:11PM
Access Wire
MOUNT PLEASANT, UT / ACCESSWIRE / April 23, 2015 / Green
PolkaDot Box (PINKSHEETS:GPDB) America's premier online
buying collective for organic and non-GMO natural foods at
wholesale pricing. Announced today, a decision to Limit the
number of Health Merchants in 2015 to 2,000 this limitation will
insure GPDB has the service infrastructure, distribution
facilities and inventory supplies in place before further
increasing the Health Merchant Program. Based on early response and
participation from Moms Across America and given
our marketing plans for a national Health Merchant "Commitment"
Tour in May, the company expects to hit our goal of 2,000 Health
Merchants by the end of July.
CEO Rod Smith issued the following announcement, "The Health
Merchant agreement with Moms Across America
announced earlier this week is a foreshadowing of things to come. I
believe that our efforts will attract many individuals and
organizations; will unite their missions with GPDB to join the
growing CLEAN food revolution. The Health Merchant program offers a
one-of-a-kind opportunity for "influencers" to provide their
followers, constituents, customers and patients with affordable
access to CLEAN foods and create a recurring revenue stream to
support their cause."
"As I have thought about this eventuality and its impact on our
company, I came to the conclusion that the public might be
interested to understand what it means to have 2,000 Health
Merchants in the GPDB buying collective," stated Rod Smith, C.E.O.
"2,000 Health Merchants, each having 100 customers by March 1,
2016, each spending an average of $150 monthly, means that GPDB
revenues could increase sharply to more than $30 million, monthly.
Again, that's a projected total of at least 200,000 customers
shopping and spending $30 million at the Health Merchants' stores,
collectively, on a monthly basis."
The Impact of 2000 Health Merchants on GPDB's Plan for
Vertical Integration
It is easy to understand they the pricing for the clean foods we
offer will fall sharply as Health Merchants increase customers and
orders. The projection of $30 million in monthly sales would mean
that inbound food shipments would be arriving at our distribution
centers by the truckload instead of the case, driving unit costs
down by as much as 20%. The sales volume would enable distribution
centers in Utah, Tennessee and Texas, cutting down shipping
distance and costs by as much as 50% while increasing speed of
delivery to no more than two days. The net affect of this increase
in sales could be a 20-25% price reduction across most food items
we carry, not including discounts from special sales and
promotions.
But the potential impact is even greater as I've written about
our plans to become vertically integrated by growing clean foods,
starting with Living Produce(R). I come back to this point because
when we achieve $30 million in monthly revenues through the efforts
of 2,000 Health Merchants, each with 100 active, shopping
customers, not only will our prices drop because of greater
efficiency, larger orders and reductions in cost, we will also have
a much higher market valuation; it will be easier to raise capital
for investment to expand Living Produce Growing Centers and
distribution, and acquire other agricultural properties.
Formula for Success
2000 Health Merchants and their customers is just the beginning
we have found the formula for success; it is the establishment of
our Health Merchant program. The public should be able to see how
close we are moving closer to achieving our goal to becoming the
largest buying collective in America for organic and non-GMO foods
at affordable prices with free home delivery.
About Green PolkaDot Box
Green PolkaDot Box is America's premier online buying collective
for organic and non-GMO natural foods at wholesale pricing. The
Company leverages proprietary technology and products with its
dynamic, interactive website and customer relationship management
software to provide a unique shopping experience. The Company also
empowers other businesses and organizations to establish an online
Health Merchant store-a non-stocking distributorship-for their own
benefit. For more information on Green PolkaDot Box, visit:
www.greenpolkadotbox.com.
Safe Harbor Statement
This release includes forward-looking statements. These
forward-looking statements generally can be identified by phrases
such as GPDB or its management "believes," "expects,"
"anticipates," "foresees," "forecasts," "estimates," "Plans" or
other words or phrases of similar import. Similarly, statements
herein that describe the Company's business strategy, outlook,
objectives, plans, intentions or goals also are forward-looking
statements. All such forward-looking statements are subject to
certain risks and uncertainties that could cause actual results to
differ materially from those in forward-looking statements.
Investors Relations Contact
Rod Smith
CEO/Green PolkaDot Box Incorporated
(801) 787-8835
rsmith@greenpolkadotbox.com
SOURCE: Green PolkaDot Box Incorporated
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