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Showing posts with label $BRGO. Show all posts
Showing posts with label $BRGO. Show all posts

Bergio International's Fashion Jewelry Brand Aphrodite's Launches on eBay To Increase Revenue


Bergio International, Inc. ("Bergio," or the "Company") (OTC PINK: BRGO), an American holding corporation and global leader in fine and fashion jewelry reveals that their high-growth digitally native fashion jewelry label, Aphrodite's officially launched on eBay on October 4, 2021. It is the fastest entrance into a global marketplace within the Bergio portfolio.

eBay is one of the world's largest e-tailers and ranks in the Top 3 marketplaces in the US. In 2020, it placed in the global top 5 for gross merchandising volume (GMV) with $100 billion in sales. More than 50% of eBay's revenue is derived internationally, Aphrodite's will hyper-accelerate its global market share and sales by tapping into eBay's 159 million customers across 190 markets. The digitally native company will primarily sell exclusive experiential jewelry gift sets including custom-crafted inspirational message cards and luxe boxes to meet consumer demand for the holiday season.

"Aphrodite's vision is to digitally connect with our customers anywhere they shop. Over 60% of eBay's audience are 35 years old and over which strategically aligns with our core target demographic," shared Jonathan Foltz, President of Aphrodite's.

He added, "Also, eBay helps us penetrate further into the Android mobile space as it has the highest reach among Android retail marketplace apps globally. Launching on eBay accelerates our eCommerce strategy, widens our digital footprint, and expands the diversification of our distribution channels."

Berge Abajian, Chief Executive Officer of Bergio International shared, "$2.67 trillion dollars were spent on the world's top 100 marketplaces last year. We have positioned ourselves to get a chunk of those dollars this year. We hope to mirror the success of our other marketplace launches, such as Amazon and Etsy, on eBay as an additional channel for revenue and brand touchpoint to reach our customers."

"Our commitment is to provide an elevated end-to-end customer experience in all facets of Aphrodite's which encompasses superior jewelry quality, excellent customer service, quick delivery, and sublime gifting moments for an auspicious Q4, Berge added. "The final quarter of the year is our most impactful for sales and the bottom line. We anticipate that our strategic acquisitions and execution will come to fruition to achieve our annual revenue goals."

A vertically integrated company, Bergio International has full control over its manufacturing so can pass on the cost savings to their customers. Currently, it is in the final stages of due diligence to procure 50% ownership of a new manufacturing facility in the Republic of Armenia that utilizes over 100 skilled artisans. This tactical move, paired with the successful diversification of sales channels via marketplaces like eBay with its fashion jewelry brand, Aphrodite's, tactically leverages the company for a monumental close to an already outstanding fiscal year in 2021.

Aphrodite's joined the Bergio International family in February this year when it was acquired for $5 million. Bergio has enhanced all aspects of Aphrodite's brand, including operations, branding, ROI, and profit margins.

Berge Abajian of Bergio International Inc. states, "Since bringing Aphrodite's into our fold, we have been laser-focused to elevate the brand and position them as a leader. We've worked diligently to improve their balance sheet, reduce product costs, and boost the brand to connect with its digital global consumer base where they like to shop. eBay is a key strategic component in our overall vision."

For more information on Aphrodite's, please visit www.aphrodites.com.

Visit Aphrodite's on eBay at www.ebay.com/str/aphrodites.


CEO Berge Abajian is presenting at the Emerging Growth Conference on October 13, 2021, to discuss growth, acquisitions, and vision. All investors are encouraged to attend and ask questions directly to the CEO. For more information, 


About Bergio International, Inc.

The Bergio brand, the primary portfolio asset, is associated with high-quality, handcrafted, and individually designed pieces with a European sensibility, Italian craftsmanship, and a bold flair for the unexpected. Established in 1995, Bergio's signature innovative design, coupled with extraordinary diamonds and precious stones, earned the company recognition as a highly sought-after purveyor of rare and exquisite treasures from around the globe. With family jewelry roots reaching back to the 1930s, founder, CEO, and designer Berge Abajian is a third-generation jeweler, blending superior knowledge in design and manufacturing to create unparalleled collections in craftsmanship and style. The Bergio brand features fine jewelry, silver fashion jewelry, bridal, couture, and leather accessories, ranging in price from $50 to $250,000. For further information, please visit www.bergio.com.

Bergio International Inc. Officially Acquires GearBubble


Looks to Gain $20 Million in 2021 Gross Revenue from Purchase

Bergio International Inc. (OTC PINK: BRGO), a global trailblazer in the jewelry design and manufacturing industry, officially acquires GearBubble's assets for $3.162 million. The addition of 51% of GearBubble's assets purports to increase BRGO's gross sales, adding an additional estimated $20 million. With this purchase, alongside the acquisition of Aphrodite's in February, the company is estimated to have a 5000% increase in gross revenue this year.


(Photo Credit: Bergio International)

GearBubble is a B2B web-based business satisfaction stage that attempts to further develop the client experience through a mix with Amazon, Etsy, and the sky are the limit from there. In 2020 alone, the organization had $27 million in income and was productive. Despite the fact that GearBubble has sold adornments before, the previous stock needed quality and they didn't have the right merchant to fulfill a high need. By joining BRGO, they will gain admittance to great gems with shocking and exceptional plans for a reasonable expense. Their interest will likewise be met because of Bergio's upward coordination and power over the assembling and speed of creation. 

BRGO is a significant rival in the gems business in plan and assembling, however, the obtaining of GearBubble hopes to make the organization a further expert in the web-based business space. GearBubble gives them admittance to the entirety of its B2B clients and thus their B2C clients, which considers an enlarged reach to a totally new client base.

The advantages do not end there. GearBubble also opens the doors to countless new product categories, especially in the gifting category. This allows BRGO to utilize the e-commerce technology from GearBubble- along with Aphrodite's technology- to expand its footprint online to sell directly to consumers, especially in the bridal jewelry niche. The pandemic greatly impacted this segment with a spike in engagement ring sales, an increase in the overall ticket price, and a major shift to online shopping. The current online jewelry market only has three major websites selling diamond bridal jewelry direct to consumers. BRGO intends on not only joining but also standing out in this specific industry. It will be the only vertically integrated company on the market, allowing for competitive pricing and significantly higher quality. This expansion is expected to lead to exceptional and industry-shaking growth for BRGO.

The transaction between BRGO and GearBubble is a transformative one. Bergio International paid in cash and acquires 51% of the company's assets with no lasting debt. GearBubble only furthers BRGO's ascension to the top of the jewelry industry. With GearBubble, the company projects to increase its yearly revenue of 2021 to an additional $20 million, but that is not including Aphrodite's nor BRGO's profits. The trinity of GearBubble, Aphrodite's, and BRGO will likely bring in $30 million for 2021. The year 2022 will be the first full year the three will have worked together, which will have a powerful impact on profits for the company.

Aphrodite is a fast-growing e-tailer for jewelry. 'Aphrodite's and GearBubble are just the beginning,' says Berge Abajian, CEO of Bergio International. 'We're looking at other opportunities and our goal is to be the leader in the e-commerce jewelry space in 2022. Now that we have the top tech team in this arena, we're looking forward to expanding Bergio e-commerce which will include Bridal and Fine Jewelry to compete with major e-commerce sites in the Fine Jewelry Industry. The advantage that we have is that we're vertically integrated, which other sites have failed to provide to their customer base.'

BRGO is a company that prides itself on its individuality and fine jewelry. Every piece it crafts is created with the utmost care and individuality, ensuring it isn't in the likeness of a previous piece of the company's or its competitors. Much like its gems, BRGO selects the companies with which it ingrates while being meticulous, careful, and client-oriented. Both Aphrodite's and GearBubble are proposed to take BRGO's profits and vision to even further heights this year and beyond.

For more information on GearBubble, please visit https://www.gearbubble.com.

About Bergio International, Inc.

The Bergio brand, the primary portfolio asset, is associated with high-quality, handcrafted, and individually designed pieces with a European sensibility, Italian craftsmanship, and a bold flair for the unexpected. Established in 1995, Bergio's signature innovative design, coupled with extraordinary diamonds and precious stones, earned the company recognition as a highly sought-after purveyor of rare and exquisite treasures from around the globe. With family jewelry roots reaching back to the 1930s, founder, CEO, and designer Berge Abajian is a third-generation jeweler, blending superior knowledge in design and manufacturing to create unparalleled collections in craftsmanship and style. The Bergio brand features fine jewelry, silver fashion jewelry, bridal, couture, and leather accessories, ranging in price from $50 to $250,000. For further information, please visit www.bergio.com.

 


Bergio International on Target for 5000% Gross Sales Increase in 2021



Bergio International Inc. (OTC PINK: BRGO), a global leader in the jewelry design and manufacturing industry, is on track to show an estimated 5000% increase in gross sales for this year. While Bergio is set to increase their sales from the previous year, the large impact will come from the newly acquired Aphrodite's anticipating an estimated $9 million in gross sales and GearBubble with an anticipated $20 million in gross sales after their July 2, 2021, acquisition date.


A group of men posing for a photo description automatically generated with medium confidence

Bergio bought Aphrodite's image for $5 million in February and marked an authority letter of aim to obtain GearBubble for $3.162 million, which is on target to shut in July of this current year. Aphrodite has been completely financed and assets for GearBubble are at present accessible and prepared for the authority acquisition of its resources. These two late acquisitions, alongside Bergio deals, are projected to get roughly $30 million in net deals for 2021. In this manner, in 2022, it will be the principle that every one of the three brands shows income for the whole year together in the wake of carrying out the vertical combination which is required to additionally improve the main concern.

Aphrodite is an impressively fast-growing e-tailer for jewelry. The company had $31 million in sales in 3.5 years, which includes $10 million in sales during the pandemic in 2020. GearBubble is a B2B e-commerce fulfillment platform that assists in improving the customer purchasing experience on sites such as Amazon, Etsy, and others. It had $27 million in revenue from 2020 and was profitable. BRGO acquired Aphrodite's and GearBubble to greatly increase the bottom line while assisting the two brands with their operations and manufacturing. Aphrodite's and GearBubble bring the most skilled tech teams that will allow Bergio to expand their e-commerce footprint and compete with the top online fine jewelry brands.

BRGO has an unwavering focus on providing all of its customers with authentic and uniquely designed jewelry. Every piece is crafted carefully and is never created with a previous piece of the company's or its competitors in mind. "All of our jewelry is made with the finest gems and stones while keeping the customer in mind," says Berge Abajian, CEO of Bergio International. "Each customer is different, so each piece of jewelry they wear should be too."

The vertical integration will not only allow increased profits but will also create more favorable outcomes. It will prospectively allow better quality and lower pricing on the jewelry. "We now have the greatest combination of services, and I couldn't be more excited about it," Berge says. "We cannot wait to serve our current and future customers the finest jewelry in the easiest way."

All sales figures and data are preliminary, unaudited, and are based on the information currently available to the Company through its internal daily sales reporting system. For more detailed information on third-quarter revenue, an earnings report will be filed within the deadline with the SEC.

For more information on Aphrodite's, please visit https://www.aphrodites.com.

For more information on GearBubble, please visit https://www.gearbubble.com.

About Bergio International, Inc.

The Bergio brand, the primary portfolio asset, is associated with high-quality, handcrafted, and individually designed pieces with a European sensibility, Italian craftsmanship, and a bold flair for the unexpected. Established in 1995, Bergio's signature innovative design, coupled with extraordinary diamonds and precious stones, earned the company recognition as a highly sought-after purveyor of rare and exquisite treasures from around the globe. With family jewelry roots reaching back to the 1930s, founder, CEO, and designer Berge Abajian is a third-generation jeweler, blending superior knowledge in design and manufacturing to create unparalleled collections in craftsmanship and style. The Bergio brand features fine jewelry, silver fashion jewelry, bridal, couture, and leather accessories, ranging in price from $50 to $250,000. For further information, please visit www.bergio.com.


SOURCE: Bergio International, Inc.