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Home Furnishings Based e-Commerce Sales Confirm a Turn-Around in Housing Market - Home Furnishings and Housing related e-stores see possible “bottom” in June; solid gains in July and August
Home Furnishings Based e-Commerce Sales Confirm a Turn-Around in Housing Market

 

NewswireToday - /newswire/ - Lakeville, IN, United States, 09/08/2009 - Home Furnishings and Housing related e-stores see possible “bottom” in June; solid gains in July and August.

   
 


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AVID Commerce, an Internet and e-commerce consultancy reported strong sales gains over the past two months for its e-commerce clients offering home furnishings related products. The combined sales data for this sub-group showed June sales nearly flat compared to May with a 5.2% increase, but with subsequent sales gains of 33.9% in July, and 81.1% in August respectively.

“While the sample size is small, the sales trend for our clients serving the housing market is especially interesting in view of the recent improvements in housing starts, existing home sales and consumer confidence,” said Stephen Antisdel, Managing Director of AVID Commerce. “I’m not saying we’re out-of-the-woods yet for the economy in general, but the trends seem to be confirming that the housing market is coming back.”

“I do think we have hit bottom”, said Al Kommel, of ArtPassions.com. “Things are picking up… customer confidence may (finally) be improving,” Kommel added.

"All economic issues considered, we are happy with our sales trend,” said Leland Allemang, of BathtubStore.com. “As an online only store, we have a significant advantage over traditional brick and mortar retailers. Our overhead is lower and we are open 24/7, 365 days a year. We’ve been investing in technology and inventory anticipating an upturn the housing market,” Allemang continued.

“Over the last 3 months we had a record increase in our sales over same time last year,” said Steve Leeper, of Foamiture.com. “The design enhancements and upgrades we’ve made to our website have “kicked in” across the Internet making our site easier to find, and more enjoyable to use. Plus, we think our customers sense the economy is beginning to turn around. They’re increasingly willing to make those larger purchases for their home that they might have been delaying until now,” Leeper concluded.

ArtPassions.com, BathtubStore.com and Foamiture.com websites are powered by AVID Commerce technologies.

About AVID Commerce
AVID Commerce (avidcommerce.com) is the creator of proprietary e-commerce technologies employed in the design and development of high-performance web properties including Veada.com, WorkingPerson.com, GazelleSports.com, and JLPowellUSA.com.

About ArtPassions.com
ArtPassions.com is a leading online resource for custom framed art and home décor products serving consumers, hospitals, and businesses, nationwide. While the company has grown dramatically, its mission is unchanged: a passion for quality craftsmanship combined with affordable art and wall décor products at the best prices anywhere see it now online.

About BathtubStore.com
Since 2001 The Tub Connection and its online e-commerce catalog, BathtubStore.com have grown to become the largest direct source for antique claw-foot tubs, plus copper, glass and marble tubs, vanities and related plumbing fixtures and hardware in America. The Tub Connection and The Bathtub Store are the exclusive American source for Cambridge Plumbing products.

About Foamiture.com
Foamiture is simply foam furniture. As experts in the field of seating we have worked closely with our suppliers to develop furniture that is attractive, affordable and easy to move. Foamiture furniture is practical for ANY setting. Foamiture is quality furniture - not cheap furniture that you’ll soon have to throw away.

 
 


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Home Furnishings Based e-Commerce Sales Confirm a Turn-Around in Housing Market

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