Supplier of furniture materials and accessories MAM Bricolaj registered a turnover of RON 21 million in 2017 and an increase year-on-year by 26 percent in the net profit to 6 percent. For 2018 the company aims a turnover growth by 30 percent.
The increase is due firstly to the increase on new houses sale, which led to sales in furniture and furniture accessories in 2017, but also to the maturation of DIY market, which made MAM Bricolaj invest more in the advertising budget and online sales development. Last, but not least, the investments in the business development meant in 2017 the implementation of a new ERP ERP (Enterprise Resource Planning), for the integrated administration of processes and operations of the firm, that serve to the improvement of performance indicators.
„We are glad about the success registered in the year that closed, but what motivates us harder is that we succeeded, step by step, to contribute to the market maturation and make sure that we have more and more informed consumers. We are more and more known in the market and people are searching for us because we have the biggest variety of products,” said Cristian Gavan, owner & general manager MAM Bricolaj.
MAM Bricolaj combines online sales (which represent 2.2 percent of the turnover) with offline sales.
The best period for the company, as for every profile store, was the second half of the year.
MAM Bricolaj was set up in 2011 by Cristian Gavan, after a year of market research. The investment started from EUR 100,000. Now the store has over 10,000 products on stock.