OTS - Autodoc continues strong growth
2020. April 29. 14:25
Berlin, 29 April, 2020 (APA/OTS) - Autodoc GmbH, benchmark in
online sales of automotive spare parts in Europe, posted sales
revenue of 165.5 million euros in the first quarter of 2020 (Q1
2019: 127.0 million euros). This corresponds to a rise in turnover
of 30% compared with the same period a year earlier. Over the first
three months, the product range was expanded and new and innovative
customer solutions were introduced. Both aspects continue to form
the main components of the growth strategy that the company plans
to implement consistently over 2020.
Established in 2008, the e-commerce retailer is profiting from
its online-first strategy. The flexibility provided by a lean
corporate structure without physical outlets, along with the
pan-European approach have allowed the Berlin-based company to
largely escape the restrictions currently imposed on fixed-outlet
sales.
Long-term growth through comprehensive range
The company's long-term growth is based on the determined
implementation of their growth strategy: This includes, first and
foremost, the comprehensive product range of currently 2.5 million
items. Autodoc thus offers its customers a comprehensive and
growing range of car parts that everyone can afford. The associated
services are being extended as well: Over the recent past these
have included the launch of the "Autodoc Club" platform in the last
quarter of 2019, along with the accompanying mobile app in February
2020. On this platform, Autodoc has bundled its digital services.
At its core is a library of more than 2,500 video and PDF tutorials
aimed at assisting customers with simple repairs to their own cars.
The mobile app expands and complements the scope of functions on
the online platform with a personal digital service logbook.
Alongside the tutorials from the library, this includes, for
example, the option of to track consumption of fuel and other
consumables.
Alexej Erdle, Autodoc GmbH chief executive: "The figures for
the first quarter of 2020 emphasise Autodoc's continuing growth
potential. The fact that we have posted such strong turnover
figures despite the current crisis also demonstrates the robustness
of our business model. As a purely online market player, we are
flexible and in a position to profit in full from the long-term
trend to online retail. Our highly digitalised processes are
assisting us - particularly at the moment - in being able to react
without constraints and to continue our drive for innovation and
growth."
For 2020 as a whole, Autodoc plans to continue its growth by
means of innovation and further optimisation of operational
processes.
About AUTODOC
AUTODOC is Europe's leading online outlet for automotive spare
parts. As the fastest growing business in this sector, with a rise
in turnover of 63% in the 2018 financial year to around 415 million
euros (2017: 254 million euros), AUTODOC is continuing to expand
its base. As a result of its successful expansion drive, AUTODOC is
now represented in 25 European countries outside Germany. AUTODOC
pursues a strong customer focus through its presence on social
media, technical support in the appropriate national languages and
its demand-driven range, which currently comprises almost 2.5
million products from 545 brand manufacturers for 128 makes of car.
From brake systems through chassis parts, shock absorbers and
springs, exhaust systems, interior parts, steering and clutches up
to air-conditioning systems, heating, repair kits and motor oil,
the online trader offers a broad service. The company marked its
10th anniversary in June 2018. AUTODOC GmbH is based in the
Lichtenberg part of Berlin and is managed 100% by its proprietors.
Since May 2019, the company has maintained a branch on the
Kurfürstendamm in the city in addition to its headquarters.
- Picture is available at AP Images (http://www.apimages.com) -
Contact
Thomas Casper
Head of Press and Public Relations & Communications
Kurfürstendamm 22
10719 Berlin
Tel.: +49 30 2084 78 237
Email: t.casper@autodoc.eu
www.autodoc.de
cometis AG
Matthias Kunz
Tel.: +49 611 20 585 5-64
kunz@cometis.de
www.cometis.de
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