SOURCE: CableOrganizer.com

CableOrganizer.com

February 02, 2010 07:30 ET

Internet Retailer CableOrganizer.com's 2009 Gross Annual Revenue Surges to $14 Million, Jumps 7% Despite Recession

Company Maintains Its 7 Consecutive Year Record Growth Streak; Also Increases Order Intake 8.19%, Grows Unique Monthly Site Visitors 30.51%, and Now Boasts More Than 35,700 -- 15% More -- Non-Outlet Inventory SKUs

FORT LAUDERDALE, FL--(Marketwire - February 2, 2010) - Industry leading eTailer CableOrganizer.com (http://cableorganizer.com/?utm_medium=PR), among the world's foremost providers of cable, wire and equipment management-related products for use in business and at home, today announced that, despite the economic recession that continued to oppress the on and offline retail industry throughout 2009, it earned record gross annual revenues of $14 million for that same year -- a 7% increase over the year prior. 2009 is the 7th consecutive year that CableOrganizer.com has grown its year-over-year sales revenue. In 2008 the company achieved a full 30.54% increase over the year prior, with a staggering 225% sales growth realized for the extended 2005-2008 period.

In addition to its impressive revenue growth amid a severe economic recession and retail industry downturn, CableOrganizer.com also significantly improved a number of other key operational metrics. Namely, order intake increased 8.19%, the number of unique monthly site visitors jumped 30.51%, and the company now boasts over 35,700 -- 15% more -- Premier Site (non-outlet) inventory SKUs, furthering its stronghold as the most comprehensive product resource in its category.

"Our success in 2009, and that anticipated for 2010, is a direct reflection of our investment in infrastructure and strategic business relationships," said Paul Holstein, CableOrganizer.com COO. "Among other endeavors, in 2009 we increased our new product development initiatives while concurrently enhancing and refining our mission-critical Web site content. We also worked closely with our various vendors to develop programs that deliver the best value for our customer's dollar, including pricing strategy and other market-driven variables. And, as always, our commitment to providing the best possible customer service experience allows us to enjoy a decidedly high rate of loyal, repeat customers and referral business related thereto."

"I'm confident that as the economy starts to rebound and the financial climate improves in the marketplace at large, we are extraordinarily well positioned to continue our legacy of double-digit annual sales growth," notes Holstein.

In addition to an impressive array of fiscal and operational milestones, 2009 also delivered top honors for CableOrganizer.com. In May the company was named a 2009 Top 500 Retail Web Site by Internet Retailer Magazine. Based on 2008 Internet sales, CableOrganizer.com secured position #430 -- 13 better than its 2008 ranking -- in Internet Retailer magazine's coveted 2009 Top500Guide.com® -- the most comprehensive analysis of America's largest e-retailers. The company also ranked in position #48 in the guide's "Computers/Electronics" category -- 4 positions better than its 2008 ranking. Also in 2009, CableOrganizer.com was named on the South Florida Business Journal's list of the "Fastest Growing Technology Companies" and "Best Places to Work" (10-50 Employees), also securing position number 8 on the publication's list of "Largest Women-Owned Businesses."

About CableOrganizer.com

Founded in February 2002 and headquartered in Fort Lauderdale, FL, CableOrganizer.com is a premier cable and wire management-related product vendor. The company provides companies, organizations and individuals around the globe with 24/7/365 access to an extensive array of high-quality products and information resources through its convenient online storefront. In addition to http://CableOrganizer.com, the company also owns and operates http://CableOrganizer.fr, which is operated out of Rennes, France. CableOrganizer.com also publishes "On the Wire," a free monthly electronic newsletter with a considerable multi-national opt-in circulation base. Among other honors, CableOrganizer.com is continually named among Inc. Magazine's Inc. 500 and 5,000 and Internet Retailer magazine's "Top 500." CableOrganizer.com also ranked on DiversityBusiness.com's list of "Top 500 Women Owned Businesses in the U.S." and was named among the South Florida Business Journal's "Best Places to Work."

CableOrganizer is a trademark of CableOrganizer.com, Inc. Other product and company names herein may be trademarks of their respective owners. Copyright 2009 CableOrganizer.com, Inc. All rights reserved.

Contact Information

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    Kern Communications
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