The Book Depository sees half year sales up 70%

The online book retailer The Book Depository has seen sales continue to grow despite the economic climate and increased competition.
By: David Petie
 
Feb. 23, 2011 - PRLog -- In an incredibly competitive and mature market The Book Depository is continuing to show increased revenues. With half year sales of £60m this represents a major success.

“With ever increasing market share, greater global coverage and the broadening of our product base we can only predict further growth”, says Kieron Smith, Managing Director. “Our success is down to three core principles: stocking every title, being keen on prices and providing free shipping anywhere in the world”, he says. “This strategy has seen business grow exponentially since the company was formed in 2004”.

The Book Depository is the UK’s largest dedicated online bookseller offering the largest range of titles in the world. With their Head Office in Windsor and their distribution centre in Gloucester, the company is a unique British internet success story. “We continue to innovate with our online marketing campaigns” says Kieron. “The latest, Spread the Love, has been incredibly successful bringing in new customers from around the world. “

“We continue to create new experiences for our customers and to extend the number of titles. We currently have 6 million available for free shipping anywhere in the world in 48 hours. We guarantee an online shopping experience second to none,” he says.

The Book Depository, one of Europe’s fastest growing online retailers, is now firmly on target for over £120m revenues for the full year.  

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Contact
David Petie
Mandore Media
+44 203 091 4453
+44 771 757 3211
david.petie@mandoremedia.com

Note to Editors
1.   Hi res pictures of Kieron Smith is available
2.   An interview with Kieron can be arranged

About the Book Depository
Founded in July 2004 to make 'All Books Available To All', The Book Depository is the second largest online bookseller in the UK and the fastest growing bookseller in the world. The Book Depository has won a Queen’s Award for Enterprise – for International Trade, the Bookseller Award for Direct Bookselling Company of the Year and was listed third in The Sunday Times International Track 100, for UK private firms with the fastest growing international sales. Having forged unique publisher and supplier relationships, we have the ability to dispatch over 6 million titles within 48 hours, with free worldwide delivery, enabling our customers to find the books they want. As the world’s fastest growing bookseller, we saw sales for financial year 09/10 top £75m (Annual turnover increased to in excess of £74m (£74,204,523 in year ending June 2010), dispatching over 100,000 parcels a week worldwide.

About Mandore Media
Mandore Media is a young company specialising in Strategic Communications. This includes PR, Literature and Photography. We help create the image and reputation you deserve. Whether the national press or social media, we have a solution that suits your needs. Communication is not just about “where” it is also about the “what”. We craft the message and then deliver it.
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Source:David Petie
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Tags:The Book Depository, Kieron Smith, Results, Book Retailing, Bookseller, Mandore Media
Industry:Books, Business, Consumer
Location:Mold - Flintshire - Wales
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Page Updated Last on: Feb 23, 2011
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