17 January 2020
It closed 2019 with € 2.2 million in sales: it is Yakkyofy, the company that is revolutionizing the way of doing e-commerce, through the technique of dropshipping.
Dropshipping is a sales method that allows e-commerce owners, the "dropshippers", to market products without physically owning them, delegating the entire process of finding and shipping them to a third-party supplier.
Yakkyofy has sensed the potential of this sales model, which in 2018 generated revenues of more than $984 billion, and has created an innovative software capable of automating the entire management process of dropshipping e-commerce, from product search to order processing to the shipment of goods, allowing dropshippers to save more than 50% of the time needed to manage products and to devote themselves completely to the promotion of their online store.
A project that has proved to be successful: since the launch of the software in 2018, Yakkyofy has turned over € 2.2 million and shipped over 160 thousand products to 100 countries around the world.
Yakkyofy's is a validated business ready to scale rapidly: after successfully passing the Luiss Enlabs acceleration program, the company has received investments for € 816 thousand, of which € 300 thousand from the venture capital company Lventure Group.
The high skills of the team in digital and IT, thetwenty years of experience of the founders in the field of sourcing and international logistics and their collaborations with major companies such as Groupon Italy, Bulgari and Uvet Group, are the key factors of the excellent results achieved so far by the company, which now aims to grow and scale even faster.
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