360Living | Updates

By Axel Johannis

126 % Increase of Conversion Rate with 360Living and more than 100 Companists

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Dear Companists,

The fourth quarter of the year has started - by tradition, the strongest quarter in the Online business, also for furniture. 360Living is well prepared. In this update you will learn on what current sales figures 360Living is able to build, as from now, in the year’s final run.

 

For the month of October, we already have 126 % increase of conversion rate as compared to the previous month.

We succeeded to increase the conversion rate (which is the rate of website visitors to actual buyers) by 126%, compared to the previous month. This is very positive and clearly exceeds our projections.

 

An overview of further key indicators:

Since we started our Companisto Campaign (05 Sept 2017), we acieved the following results (as of 10 Oct 2017):

  • Visits: 62,000 web site visitors approx.
  • Turnover/Gross Merchandise Volume: 30,000 EUR approx.
  • Orders: 260 approx.
  • Shopping Cart: 115 EUR approx.

 

Because of seasonal variations (Summer season and end of holiday period) we are almost on the debit side with these figures. Almost. We stand at approx. 10-15% below our own plan, the plan which all Companists can see in our public profile. However, we are convinced that we will make leeway very soon in the most important quarter of the year, which has just begun. We already adopted suitable measures to achieve this, in the areas of price monitoring, logistics and marketing, for example.

It also helps us that after the comprehensive relaunch of the 360Living website, which happened just before the start of the Companisto campaign, we received so much valuable feedback. Currently we are in the process of implementing this feedback. For this, too, many thanks indeed to all Companists!

 

We say Thank You to 102 Companists, and growing!

360Living now has over 100 Companists and, full of vigor, we enter Q4. For this, a heartfelt Thank You to all Companists who have so far shown us their trust. We call upon all the others to do likewise. Invest now in the Future of Furniture Shopping - invest in 360Living!

 

If you have questions and/or feedback for us, please leave that here in the commentary section, or send us an e-mail to investor-relations@360living.de directly. Do make contact, we are looking forward to it.

Until the next time,

Your Team of 360Living



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