ThePowerSite has been named #9 in 2016 Fast Growth 50 sponsored by Barclays. Fast Growth 50 is an annual project that celebrates the best of Welsh entrepreneurship. First published in the Western Mail in 1999 the Fast Growth 50 award has become a firmly established list of business success that businesses across Wales aspire to.
Established in 2012, ThePowerSite identified a gap in the market for a online superstore selling only the most reliable brands of power equipment at the best prices.
Based in Pembrokeshire, South West Wales, ThePowerSite stocks a comprehensive selection of power equipment that ranges from standby generators, garden machinery to household power tools which are available to UK and international customers.
www.thepowersite.co.uk is completly designed, developed and managed inhouse and prides itself as user friendly, informative and competitive on price ecommerce website. Integrated with both Ebay & Amazon selling channels ThePowerSite constantly develops new ideas to advertise and sell its range products online with ease.
One main reason that ThePowerSite growth was made possible is due to the nature of the industry the business is in. The demand for power products such as generators is growing year on year with the UK striving to reach a balance between EU pollution laws and ensuring the security of the electricity supply to the UK.
ThePowerSite has recently introduced a 0% finance option, allowing customers to pay a deposit and have 12 months interest free credit. This will see an increase in sales over the next few months. The business has also grown due to developing a name for great customer service, all customers are valued extremely highly. ThePowerSite team of dedicated and informative sales advisors are on hand to support customers when choosing which product is right for them during and after a sale.
Peter O’Toole founder and chief executive of Retail Merchandising Services sponsored the award, Retail Merchandising Services are dedicated to enhancing and improving the retail experience for customers across the UK. The firm's clients include Asda, B&Q, Boots, Tesco, Morrisons and John Lewis and employs more than 800 staff across the UK. In 2013 it was named the fastest growing firm in retail and wholesale sector at the Fast Growth 50 awards. Unfortunately Peter passed away in 2015 following a long illness with mesothelioma.
The Powersite plans to keep up our rapid growth over the next five years and beyond, updating its product range and ensuring it keeps a close connection with the customer base to further the understanding of what is truly sought after. ThePowerSite plans to start selling a range of UK built generators and power equipment for the export market which will help counter the effect of the weak pound.
ThePowerSite will also be looking in detail at its current selling platforms (website, eBay and Amazon) and will be continuously updating and improving these platforms to ensure the process of buying a product runs as smoothly as possible for customers. ThePowerSite believes it has achieved a lot in the short time it has been established and plan to further this in the future. With a passion for its products, an understanding of its customers and solid plans for growth, the founders believe that the business will go from strength to strength in the years to come.
Visit us today at: www.thepowersite.co.uk
331.3% GROWTH BETWEEN 2013 - 2015