Company Named to Inc. 500 List of Fastest Growing Private Companies
PHOENIX, Aug. 28 -- DollarDays, the Internet`s leading product wholesaler to small businesses and local distributors, today announced the highest one-month sales increase in the company`s history.
DollarDays reports July 2006 revenues increased 96 percent over July 2005 revenues setting a new one month record. In addition, orders increased 80 percent in July 2006 over July 2005. Over the past year, more than 320,000 new customers have registered on the site.
DollarDays is an online wholesaler that provides more than 30,000 products in small caseloads to help small businesses compete against large retailers and chain stores.
"Small businesses are the core of the American economy and DollarDays helps these companies succeed," says Marc Joseph, chief executive officer of DollarDays. "We provide a variety of products at a great value, but we also provide merchandising assistance and overall stellar customer service. We look forward to additional growth as more companies learn about us."
As a result of its tremendous growth, DollarDays made its debut at number 158 on Inc. Magazine 500 list of fastest growing private companies.
According to the publishers of Inc., "these companies are where the action is -- they`re leaders with cutting-edge business models whose rapid growth shows that they figured out how to meet the most pressing needs of today`s economy." In addition, "data from investment research firm Morningstar shows that only 33 publicly traded US companies show three year revenue growth higher than the 500th company on this year`s list."
Earlier this year, the company DollarDays also was named one-of-50 second- stage Arizona "Companies to Watch" by the Arizona Small Business Association.
DollarDays International is an online wholesaler where small business owners can find great deals on small business-sized orders for more than 30,000 consumer products, from toys and household decor to apparel, electronics and seasonal merchandise. Due to its innovative business model, DollarDays prices are not only often far below those which most small business are accustomed to, but the offerings include many name-brand products as well as rock-bottom pricing on overstocked and closeout items. DollarDays International helps its customers to select those items, both seasonal and everyday, which sell quickly to promote both a higher inventory turn and better margins. DollarDays recently was named one-of-50 second-stage Arizona "Companies to Watch" by the Arizona Small Business Association.
Amy Goldsmith of GK Communications