February 23, 2012
Suppliers got great news recently when ASI released its 2011 supplier sales report showing over two-thirds (68%) of surveyed companies posted greater sales in 2011 than 2010, indicating an increase in sales of 7.1% over 2010.
Supplier revenue in 2011 totaled an outstanding $12.2 billion. So now’s the perfect time to take advantage of new technologies and better marketing that can help power your company into the future.
Total supplier sales for the fourth quarter were approximately $3.6 billion, up $185 million over 2010 Q4 sales. This is the eighth straight quarter of growth – another strong indication that our industry has not only turned the corner, but is barreling full steam ahead.
Further, three-quarters (75%) of suppliers expect 2012 sales to be higher than those of 2011.
Click here to read the full report.