New Suppliers Lead to a 71% Increase in Revenue for DrillSpot.com
Poster: SySAdmin
Posted on March 4, 2010 at 9:28:01 AM
New Suppliers Lead to a 71% Increase in Revenue for DrillSpot.com
BOULDER, Colo., March 4 -- DrillSpot.com finished out February at $935,353 in monthly revenue, just shy of the $1 million mark. The online retailer, which specializes in home improvement and industrial supplies, has been steadily pushing through the sluggish economy to grow its revenue by 71% over last year.
Comparing February 2010 to February the year before, revenue increased by $387,118 and the site's conversion rate improved by 102%. The addition of new suppliers has been one key to the company's continued success.
"We are excited to work with new manufacturers and distributors which will expand the product offering that our customers are currently demanding," said Paul Lin, Founder and CEO.
Since January, DrillSpot.com has introduced over 600,000 new products to its site. To date, the company carries an inventory of more than 1,029,000 products.
DrillSpot.com's expanded product line includes eye wash stations, Eiko lamps and Broan fans as well as respected brands like Bradley, Panduit, White Rodgers, Lithonia lighting, Extech meters and Milwaukee tools.
If you would like more information about this topic, or to schedule an interview, please call Monika Runstrom at 303-951-9520, email PR@DrillSpot.com or follow us at Twitter.com/DrillSpot.
Contact: Monika Runstrom
303-951-9520
Email: PR@DrillSpot.com
Source: DrillSpot.com
CONTACT: Monika Runstrom of DrillSpot.com, +1-303-951-9520,
PR@DrillSpot.com
Web Site: http://www.drillspot.com/
BOULDER, Colo., March 4 -- DrillSpot.com finished out February at $935,353 in monthly revenue, just shy of the $1 million mark. The online retailer, which specializes in home improvement and industrial supplies, has been steadily pushing through the sluggish economy to grow its revenue by 71% over last year.
Comparing February 2010 to February the year before, revenue increased by $387,118 and the site's conversion rate improved by 102%. The addition of new suppliers has been one key to the company's continued success.
"We are excited to work with new manufacturers and distributors which will expand the product offering that our customers are currently demanding," said Paul Lin, Founder and CEO.
Since January, DrillSpot.com has introduced over 600,000 new products to its site. To date, the company carries an inventory of more than 1,029,000 products.
DrillSpot.com's expanded product line includes eye wash stations, Eiko lamps and Broan fans as well as respected brands like Bradley, Panduit, White Rodgers, Lithonia lighting, Extech meters and Milwaukee tools.
If you would like more information about this topic, or to schedule an interview, please call Monika Runstrom at 303-951-9520, email PR@DrillSpot.com or follow us at Twitter.com/DrillSpot.
Contact: Monika Runstrom
303-951-9520
Email: PR@DrillSpot.com
Source: DrillSpot.com
CONTACT: Monika Runstrom of DrillSpot.com, +1-303-951-9520,
PR@DrillSpot.com
Web Site: http://www.drillspot.com/