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CEL.ro - Balance of the first semester of 2018

CEL.ro - Balance of the first semester of 2018

The first half of 2018 was a fruitful one for CEL.ro, a company that ranks second on the Romanian electro-IT market and the largest online retailer with full Romanian capital.

These results arise as a result of its policy of offering low prices to customers while generating the best online shopping experience.

CEL.ro, the online store managed by Corsar Online, announces a 30% increase in sales in the first half of 2018, recording sales of around 33 million euros.

As a result of these encouraging figures, the company expects that by the end of 2018, it will achieve sales of around EUR 70 million, thus strengthening its position on the market.

According to data provided by the online retailer, in the first half of 2018, the biggest sales increases were recorded for phones, home appliances and components.

At the same time, in 2018, Corsar Online opened a Marketplace where 500 suppliers have been active since the first three months, adding more than 400,000 products to the site, expanding the range of products available to customers.

As a result, over the first half of 2018, there were over 8,000 orders and sales worth about 5,000,000 lei.

The results are promising and illustrate the increased interest of small entrepreneurs to expand their business to new market segments. Corsar Online predicts that by the end of the year the platform will generate sales of 25 million lei. There have been increased sales of phones, furniture, fashion, DIY and sporting goods, highlighting the increased customer interest and products outside of the electro-IT range.

In the first half of 2018, CEL.ro recorded pleasing results in its dedicated mobile application, with more than 200,000 downloads. The company aims to increase the number of users of the mobile application by increasing the range of products available on the site, which can significantly reduce the order placement process.

By broadening its range of products, offering integrated services and constantly adapting to today's e-commerce, the company proves to be an important player on the Romanian market. Through the policy of offering low and newer prices through the launch of the Marketplace, CEL.ro continues to consolidate its position on the market and actively contribute to the development of Romanian online commerce.

Authors

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CORSAR ONLINE SRL