Vankle.com, one of the world’s fastest-growing online wholesale malls targeting online retailers, signed on its 100,000th customer this week as it continued its upward momentum, with average monthly growth at more than 500 percent. Sales at Vankle hit new highs in June and July thanks to the demand for merchandise related to the 2010 World Cup soccer tournament. To celebrate its success, the company awarded Apple iPads to its three most loyal customers, and sent polo shirts to the lucky first 100 customers on July 8.
“The world is flat, and Vankle makes it even flatter, selling to customers online in more than 200 countries,” said Jerry Fan, CEO of Vankle. “The reason Vankle has grown so quickly in so little time, in spite of the global financial crisis, is the uniqueness of our business model. As a wholesale mall, we simplify the supply-chain process, acting almost like an Amazon for smaller retailers. China is the main factory for our products – more than 50,000 of them! – and we offer retailers a convenient, one-stop shop to procure and dropship high-quality, in-demand products quickly and easily. We guarantee the quality of these products and offer true customer care, differentiating Vankle from other dropbox companies.”