2018: Germany-based online reseller Böttcher – it dropped the ‘Büromarkt’ from its name last year – continues to excel in a competitive market, with phenomenal growth of 31% in the first half of 2018.
H1 sales came in at €172 million ($199 million), due in part to the company’s ever expanding product range and its user-friendly, e-commerce-focused purchasing experience.
Such exceptional growth requires considerable investment in both its facilities and manpower, says Managing Director Udo Böttcher, and this is exactly what the company is doing.
A brand new 80,000 sq m (800,000 sq ft) building is planned nearby its Jena HQ where ultimately between 1,500 and 2,000 staff will occupy the new facility and a total logistics space of 150,000 sq m. The overall investment over the next four years is estimated at €50 million.
Böttcher has always stressed that its biggest competition is Amazon, so it must have been hugely satisfying for him and his team that a recent study – eVisibility Büromaterial 2018 – which investigated the visibility of Germany-based OP resellers online, put Böttcher at the top of the list, ahead of amazon.de in second place.
2017: Having worked on the concept for several years, Germany-based reseller Büromarkt Böttcher in 2017 finally launched its new mobile-friendly online shop, fully optimised for smartphone users.
The company has long recognised the importance of e-commerce and has often been first to market with its technologies and initiatives, certainly among the ‘traditional’ competition. Indeed, as Managing Director Udo Böttcher has pointed out in the past, the biggest competition – and definitely the one to watch in the future – is Amazon.
The company is certainly holding its own against the mighty e-commerce giant. Earlier this year, Böttcher scooped the Reseller of the Year award in the over €100 million ($118 million) category at the European Office Products Awards.
It’s easy to see why. In 2016 alone, the reseller saw a sales increase of 54% compared to the previous 12 months to €216 million. Achieving that in a declining market is impressive and means taking considerable market share from the competition.
To accommodate this growth, 2017 has been all about investment for Böttcher. At the beginning of the year, the company began expanding its logistics facilities. The aim is to increase capacity to be able to ship 40,000 packages a day, from 18,000 parcels before expansion began.
2016: 2015 was the 25th anniversary year of Büromarkt Böttcher and it seems there’s no stopping this phenomenal reseller that became one of the first OP companies in Germany to wholeheartedly embrace the internet as a selling platform – from tiny roots in the late 1990s it developed to become a pure online player.
Last year’s financial results were impressive with sales of €140 million ($159 million) in a tough marketplace. But what’s even more impressive is that revenues were up 40% compared to the previous year, hitting even its own expectations of 25% growth completely out of the ball park.
Founder and Managing Director Udo Böttcher – who first learned about stamina, perseverance and tenacity in his years as a junior and then professional gymnast – attributes Büromarkt Böttcher’s success to its longstanding experience in the internet business, an unrivalled speed to market compared to its competitors and outstanding customer service.
2015: Starting out with a photocopier in the kitchen of Managing Director Udo Böttcher in 1990, the history of Büromarkt Böttcher is not impressively long – but it’s definitely impressive.
Büromarkt Böttcher today is one of the largest resellers of office supplies in Germany, with 260 staff, 2014 revenues of over €100 million ($112 million) and a pure online – and mostly B2B – focus.
Most importantly perhaps in today’s challenging business environment, it’s a company that is growing rather than flat-lining, with predictions of a “substantial” revenue increase for the whole of 2015, due – in large part – to excellent customer attrition and retention.