HomeGermany-Startupsinternetstores reports revenues of €1 million on a single day

internetstores reports revenues of €1 million on a single day

The bike and outdoor online shops of the ecommerce company internetstores exceeded 1 million Euro net revenue per day on Monday the 30th of June – for the first time in its 11-year history. The Esslingen (Germany) based company stated, that it became clear in the recent weeks that this would eventually happen, but the company missed the seven-figure sum by a small margin on a number of occassions over the past few weeks.

CEO and founder René Marius Köhler stated proudly: „Everyone has worked very hard over the past few months to lay the foundations for this level of revenue. Having worked together as a team across all divisions and thanks to the efforts of every individual, we were able to surpass this inconceivable mark.“

The reasons for this particularly high revenue per day are multifold: the online shops, amongst others fahrrad.de, Bikester and CAMPZ, have constantly been optimised over the past few months and mobile websites have been launched. Additionally, the shipping promise is highly regarded with customers. All orders placed before 4pm will be shipped on the same day from the central warehouse in Esslingen. internetstores is able to stick to its shipping promise due to a modern and highly automated logistics system and also because the company physically holds all products offered on the websites in its warehouse. Those factors, in combination with a professional pre- and after-sales customer care consistently lead to high customer satisfaction rates, which in turn are reflected in record revenues.

Having reached revenues in excess of € 100 million over the last twelve months already, new record highs are expected for the current fiscal and calendar year. Going forward, the company stated that it will increasingly focus on international markets to exploit future growth potential.

Thomas Ohr
Thomas Ohr
Thomas Ohr is the "Editor in Chief" of EU-Startups.com and started the blog in October 2010. He is excited about Europe's future, passionate about new business ideas and lives in Barcelona (Spain).

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