October 13, 2009
Leading Restaurant, Janitorial, Office and Technology Supply Company ReStockIt.com Sees Record Revenue, Orders and Conversion in Q3 and September
The company cites flu supplies such as Purell wipes and pricing and shipping overhaul for the record numbers
HOLLYWOOD, FL – October 13, 2009 – ReStockIt.com, one of the leading online retailers of restaurant supplies, cleaning and janitorial supplies, office supplies, electronics and technology today announced record numbers for revenue, orders and gross profit in September and Q3.
Revenue for the month ending September 31, 2009, increased 100 percent over the same period in 2008, orders increased 50% and conversions were up 83%. Q3 results showed an 81% increase in revenue verses the same period last year, while orders were up 42% and conversions were up 83%.
The company credits strong sales for cleaning and flu supplies, such as Purell wipes, hand sanitizers and disinfectants, as well as measures such as revised pricing and shipping models for the increase.
“By continuing to refine the customer experience and rebuilding the site’s pricing and shipping model to engage and convert customers with larger orders, we’ve seen the average order spend increase by 30% and the number of larger orders increase by 75%.,” said Jennifer DiMotta, VP of marketing for ReStockIt.com
The new site structure, including a new taxonomy, new search, guided navigation and streamlined checkout all help the customers find what they want faster and purchase their items more efficiently, she added.
September marks the fifth consecutive record revenue month for the online retailer.
ReStockIt.com founded in 2004 by entrepreneurs David Redlich and Matt Kuttler, has fast become one of the leading online retailers of restaurant supplies, discount office supplies, cleaning and janitorial supplies, technology, electronics and tools serving the small business and consumer markets. Through its website, ReStockIt.com, the company offers more than 200,000 products, including Purell wipes and hand sanitizers from manufacturers such as Avery, Energizer, Hewlett Packard, and Purell-Gojo. ReStockIt.com has been honored with many prestigious awards including South Florida Business Journal Business of the Year, Finalists for Ernst & Young Entrepreneur of the Year, and one of the 500 fastest growing companies by industry leading Internet Retailer Magazine.
Visit us online at http://www.ReStockIt.com, on Facebook at http://www.facebook.com/ReStockIt or follow us on Twitter at http://www.Twitter.com/ReStockIt for deals on restaurant supplies, cleaning and janitorial supplies such as Purell wipes and more.