Record $12 Million Sales Day Helps Quixtar Celebrate Five Years in Business
Wednesday September 1, 12:10 pm ET
GRAND RAPIDS, Mich., Sept. 1 /PRNewswire/ -- On the eve of Quixtar's fifth anniversary, the company passed another milestone with a record-breaking sales day. Independent Business Owners (IBOs) powered by Quixtar helped the e- commerce company achieve a new single-day sales record of more than $12 million on Aug. 31, surpassing the previous best days of more than $11 million reported earlier this year.
"It is an incredible accomplishment to end our fiscal year so strong," said Ken McDonald, Managing Director of Quixtar. "What's truly exciting is that there's so much more planned at Quixtar that will continue to propel this business for years to come."
Quixtar will announce its fiscal 2004 sales along with parent company Alticor later this fall, but indications are that the company will surpass its record sales of $1.035 billion reported last year.
"Health and beauty continues to lead the way for us and for IBOs powered by Quixtar," said Randy Bancino, Vice President of Sales & Marketing. "With this continuing to be our focus, Quixtar should maintain its ranking as the number one health and beauty retailer online."
About Quixtar
With the launch of Quixtar Inc. in 1999, a new business model was created called I-commerce, representing the convergence of four key elements: the Internet, the Individual, a full-service Infrastructure, and a proven Independent business ownership plan.
Quixtar's business model rewards IBOs for sales to those they register at http://www.Quixtar.com as new IBOs, Members, or Clients. Since 1999, IBOs have generated more than $4 billion in sales for Quixtar plus more than $300 million for Partner Stores, earning well in excess of $1 billion in bonuses and incentives.
Based near Grand Rapids, Mich., Quixtar currently supports independent businesses in the U.S., Canada, Puerto Rico, and various trust territories and independent island nations in the Pacific and Atlantic Oceans and Caribbean Sea. Quixtar Canada Corp. headquarters are located in London, Ont., Canada.
