News Feed Item

Black Entrepreneur Creates Trafek.com - an Online Marketplace Designed to Recirculate $1 Trillion Dollars Back in to Black Communities

WASHINGTON, Oct. 19, 2016 /PRNewswire/ -- "I built Trafek.com for numerous reasons, one of which was that I felt like I had to do something, personally, for black communities, not just mine but all. This is my way of giving back and stepping up. Not everyone can attend protests and speeches and that isn't everyone's calling. This is mine. I just want to fulfill my role, as a black man in society, a man my parents raised. Everyone can help, one way to do that is to buy black. Support black businesses and help to strengthen our economic standpoint." -- Fabian Scott, President www.trafek.com

Photo - http://photos.prnewswire.com/prnh/20161019/430328

Unity is strength

Financial trends boast the tremendous purchasing power of the black community and as of yet, these finances have been under-utilized, in our own populace. Do we lack the financial acumen, knowledge or commitment to do what is necessary for the black community to excel? The team at Trafek.com do not believe this is the case.

Despite having an abundance of both professional and successful people among us, whether that includes athletic professionals, college graduates, business owners or entrepreneurs, those numbers are not enhancing our communities in the competitive global economy in which our neighborhoods benefit. We are not oblivious to the collective contributions to the harsh existence of some of our surroundings. Blacks are said to spend not only dispensable cash to the benefit of other thriving areas but also essential income, therefore increasing the riches of every community other than our own.

Trafek.com intends to circulate such buying and selling power at a higher rate, amongst the community, thereby reversing the bottleneck effect.

"Let us get up from the foot of our 400-year-old enemy and stop being beggars and start thinking of ourselves as builders!" -- Minister Louis Farrakhan

Research has proven that the black purchasing power can reach and exceed $1.1 trillion. This number may be astonishing; what is more astounding, however, is that these dollars are not circulated within the black community long enough to make any impact. This purchasing power is tremendous and can be harnessed to alleviate the condition of neighborhoods in need and the people that inhabit these communities, as a result.

It has also been researched that the trillions of dollars from our spending last approximately 6 hours in the community before finding its way outside of our economy and into other financially driven enterprises where it lasts from 7 to 28 days.

This cannot be life.

"What can we do? We can put our hard earned money back into the black populace. We can and must invest in financial literacy; for ourselves and our children, parents and grandparents. This is a crucial piece, as the more we engage our families and ourselves in investing our earnings and savings in black businesses; our economic growth will be insurmountable. The effect of this will empower and strengthen our voice in society." -- Fabian Scott

Patronizing black-owned establishments, the likes of which will be featured here on www.trafek.com, is a great way to begin keeping our hard-earned money in circulation, one easy click at a time. Local entrepreneurs deserve to be supported. Patronizing community-owned establishments is another great way to keep local dollars, local.

"Who you give your money to, is who you give your power to." -- Frederick Douglass

Trafek is a black-owned marketplace for black-owned businesses and entrepreneurs. At Trafek, visitors are at liberty to decide how and when they choose to participate in a marketplace rife with opportunity. This platform can be utilized to sell products, showcase hand-made articles and purchase items. Trafek.com is well-designed and user-friendly, organized for everyone, not just the millennial but also the grandparents of our communities and their parents. At Trafek.com, people will be able to locate every day items with ease, even the eclectic pieces, the likes of which are found in niche bargain outlets and major department stores.

Trafek.com is a one of a kind brand and is committed to offering quality products and customer service to visitors and patrons. Trafek is a family of people, not necessarily bonded by lineage but by common goals: to uplift our community one click at a time. So, feel at home when you visit, enter as a friend and when exiting, do so as family, as we hope to welcome your time here often.

Customer service at Trafek is our most focused attribute. Of course we value every purchase, however, we are the springboard for our sellers and we are a quality driven website: customer satisfaction is our most valued commodity.

Trafek is always open to new people and great talent; if you are interested in becoming a vendor please use our sign-up options and in just a few clicks, you could be ready to showcase and start earning from your very own business, today!


Related Images



Related Links

Trafek Website

This content was issued through the press release distribution service at Newswire.com. For more info visit: http://www.newswire.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/black-entrepreneur-creates-trafekcom---an-online-marketplace-designed-to-recirculate-1-trillion-dollars-back-in-to-black-communities-300347610.html


More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Cloud promises the agility required by today’s digital businesses. As organizations adopt cloud based infrastructures and services, their IT resources become increasingly dynamic and hybrid in nature. Managing these require modern IT operations and tools. In his session at 20th Cloud Expo, Raj Sundaram, Senior Principal Product Manager at CA Technologies, will discuss how to modernize your IT operations in order to proactively manage your hybrid cloud and IT environments. He will be sharing bes...
DevOps at Cloud Expo – being held October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real r...
As DevOps methodologies expand their reach across the enterprise, organizations face the daunting challenge of adapting related cloud strategies to ensure optimal alignment, from managing complexity to ensuring proper governance. How can culture, automation, legacy apps and even budget be reexamined to enable this ongoing shift within the modern software factory?
New competitors, disruptive technologies, and growing expectations are pushing every business to both adopt and deliver new digital services. This ‘Digital Transformation’ demands rapid delivery and continuous iteration of new competitive services via multiple channels, which in turn demands new service delivery techniques – including DevOps. In this power panel at @DevOpsSummit 20th Cloud Expo, moderated by DevOps Conference Co-Chair Andi Mann, panelists will examine how DevOps helps to meet th...
Most technology leaders, contemporary and from the hardware era, are reshaping their businesses to do software in the hope of capturing value in IoT. Although IoT is relatively new in the market, it has already gone through many promotional terms such as IoE, IoX, SDX, Edge/Fog, Mist Compute, etc. Ultimately, irrespective of the name, it is about deriving value from independent software assets participating in an ecosystem as one comprehensive solution.
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
SYS-CON Events announced today that A&I Solutions has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 1999, A&I Solutions is a leading information technology (IT) software and services provider focusing on best-in-class enterprise solutions. By partnering with industry leaders in technology, A&I assures customers high performance levels across all IT environments including: mai...
SYS-CON Events announced today that Systena America will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Systena Group has been in business for various software development and verification in Japan, US, ASEAN, and China by utilizing the knowledge we gained from all types of device development for various industries including smartphones (Android/iOS), wireless communication, security technology and IoT serv...
Every successful software product evolves from an idea to an enterprise system. Notably, the same way is passed by the product owner's company. In his session at 20th Cloud Expo, Oleg Lola, CEO of MobiDev, will provide a generalized overview of the evolution of a software product, the product owner, the needs that arise at various stages of this process, and the value brought by a software development partner to the product owner as a response to these needs.
Five years ago development was seen as a dead-end career, now it’s anything but – with an explosion in mobile and IoT initiatives increasing the demand for skilled engineers. But apart from having a ready supply of great coders, what constitutes true ‘DevOps Royalty’? It’ll be the ability to craft resilient architectures, supportability, security everywhere across the software lifecycle. In his keynote at @DevOpsSummit at 20th Cloud Expo, Jeffrey Scheaffer, GM and SVP, Continuous Delivery Busine...
While some vendors scramble to create and sell you a fancy solution for monitoring your spanking new Amazon Lambdas, hear how you can do it on the cheap using just built-in Java APIs yourself. By exploiting a little-known fact that Lambdas aren’t exactly single threaded, you can effectively identify hot spots in your serverless code. In his session at 20th Cloud Expo, David Martin, Principal Product Owner at CA Technologies, will give a live demonstration and code walkthrough, showing how to ov...
SYS-CON Events announced today that Outscale will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Outscale's technology makes an automated and adaptable Cloud available to businesses, supporting them in the most complex IT projects while controlling their operational aspects. You boost your IT infrastructure's reactivity, with request responses that only take a few seconds.
SYS-CON Events announced today that Progress, a global leader in application development, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Enterprises today are rapidly adopting the cloud, while continuing to retain business-critical/sensitive data inside the firewall. This is creating two separate data silos – one inside the firewall and the other outside the firewall. Cloud ISVs ofte...
SYS-CON Events announced today that Interoute has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Interoute is the owner operator of Europe's largest network and a global cloud services platform, which encompasses over 70,000 km of lit fiber, 15 data centers, 17 virtual data centers and 33 colocation centers, with connections to 195 additional partner data centers. Our full-service Unifie...
SYS-CON Events announced today that CollabNet, a global leader in enterprise software development, release automation and DevOps solutions, will be a Bronze Sponsor of SYS-CON's 20th International Cloud Expo®, taking place from June 6-8, 2017, at the Javits Center in New York City, NY. CollabNet offers a broad range of solutions with the mission of helping modern organizations deliver quality software at speed. The company’s latest innovation, the DevOps Lifecycle Manager (DLM), supports Value S...