Strong Conversion Rate Pushes DrillSpot.com Revenue Up 39%

Tue Nov 3, 2009 11:17am EST
 
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Internet retailer sees 12% increase in customer time on site





BOULDER, Colo., Nov. 3 /PRNewswire/ -- DrillSpot.com closed out October with
year-to-date sales up 39% over 2008, amounting to an additional $2.4 million
in revenue.

The sales increase was due to a quickly growing conversion rate, which last
month improved 5.28% over September and 20% over July. While year-to-date
traffic increased only slightly, the number of orders placed on DrillSpot.com
in October was 30% higher than October 2008, meaning more relevant traffic is
reaching the site than before.

The internet retailer has remained sensitive to customer expectations,
recently providing more targeted pricing and free shipping on select products.
DrillSpot.com regularly improves the quality and relevancy of its content: the
company's popular products are photographed in-house and technological
improvements have made the site more navigable, both contributing to a 12.64%
gain in the average time a customer spends on the site. 

With over 360,000 products, DrillSpot.com sells a wide variety of home
improvement and industrial supplies. Products range from Honeywell Thermostats
to Bussmann Fuses, and include well-respected brands like Robertshaw, Ames
True Temper, Briggs & Stratton Generators and Lithonia Lighting.

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.



SOURCE  DrillSpot.com

Monika Runstrom of DrillSpot.com, +1-303-951-9520, PR@DrillSpot.com

 

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