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Catalogues drive international sales for Next


By Cross-Atlantic Insight | Publication date: 25/03/2011 | Category: News

 

International sales at cataloguer/retailer Next doubled during the last fiscal year to £10.1 million ($16.2 million). Profits in the year ending January 2011 also rose—up 41 percent to £2.4 million ($3.84 million).

At year end, Next was trading in 38 countries outside of the UK, with the Republic of Ireland, USA, Australia, Germany, and Poland its biggest overseas markets. During the year, Next says it made an “important breakthrough” in two of its overseas markets. According to a company statement, Next had suffered “many failed experiments” in new customer acquisition overseas. A spokesperson for Next said the company had tried a combination of online and email marketing, but found that sending printed catalogues to its international customers had proved the most effective recruitment method. It is understood that catalogues are particularly popular with Next’s US and German customers and that the business has successfully driven customers to its website through the mailing of mini “look-book-style” catalogues featuring a collection of best-selling lines. This will now allow Next to accelerate overseas growth and it expects to hit revenues of £20 million by January 2012. 

During 2011, Next also plans to extend its online reach into Pakistan and India within the first half, and later in the year in Russia, China and Japan. Currently the only non-English-language website Next operates is for the German market, but there are plans to cater for other languages “once we have developed our systems to cope with the complexities of dealing with non‐Roman scripts,” said a company statement.

 

 

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