HENDERSON, Nev., Oct. 5, 2010 (GLOBE NEWSWIRE) -- KACHING KACHING, Inc. (OTCBB:KCKC) today announced the launch of marketing and business development efforts specifically targeting the U.S. Hispanic market. The Company will be translating its entire web site, marketing materials and store fronts into Spanish, providing a base in the strategically important Hispanic market. The Company also intends to gear merchandise and product lines specifically towards Hispanic consumers.
"Research has proven what we've long suspected - Hispanics are an entrepreneurial demographic by nature, and have been a driving force in home-based selling and direct marketing in recent years. They are natural networkers and, with extended family relations and strong community ties, provide the ideal platform for the Company to expand its reach into new markets," said Bob McNulty, CEO of KACHING KACHING.
The U.S. Hispanic market is the fastest growing demographic in the United States. At three-times the annual growth rate of the general market, U.S. Hispanics are approximately 45 million strong and wield more than $700 billion year in purchasing power. Furthermore, since 2008, the U.S. Hispanic online population has grown faster than any other in terms of visitors and time spent and pages consumed. The Company believes by offering a Spanish-language website its ISOs (independent store owners) can quickly build their networks, referring friends and contemporaries to help grow their businesses, and by proxy, KACHING KACHING's ISO network, exponentially.
About KACHING KACHING Inc.
KACHING KACHING Inc. is the very first retail chain of online stores serving consumers on the Internet. It licenses co-branded proprietary online store fronts that can be operated by Independent Store Owners full or part- time with exponential viral growth. Each online storefront will offer millions of items and thousands of name brand products to sell at everyday low prices. Powered by superior customer service and driven by value, KACHING KACHING Inc. provides every Independent Store Owner with the best opportunity for financial success. For more information, visit www.kachingkaching.com.
Beyond Commerce, Inc. () (OTCBB:BYOC) is a significant shareholder of KACHING KACHING, Inc. with ownership of over 10.5 million shares.
Safe Harbor Statement
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors affecting KACHING KACHING, Inc. operations, markets, products and prices and other factors discussed in the Company's various filings with the Securities and Exchange Commission.
CONTACT: CSIR Group, LLC Christine Petraglia Christine@csirgroup.com