The scope and range of their company’s recovery based on their large clientele is clear signs of positive growth in the Florida and US economy in general.
Miami, FL (PRWEB) March 8, 2010
DiscountMugs.com is a large Miami-based distribution company with a 500,000 square feet facility that has the largest inventory of promotional products in the country. At the end of 2009 DiscountMugs.com had projected a 35 percent growth rate which is modest by their standards and found the market to be filled with timid investors who were afraid of further economic downturn. The start of 2010 has been extremely promising with a pace that will double last year’s sales and showing early signs of rapid growth. This growth is reminiscent only of the market prior to the US recession. These early signs of rapid growth are indicative of a broader positivity in the consumer market.
Discountmugs.com has not only survived the worst part of the US recession which appears to be moving toward recovery, but continued its growth throughout the last five years with only minor interruptions of progress. CEO of DiscountMugs.com, Amin Rahman, commented on the progress of DiscountMugs.com amid the recession by stating “People were looking for deeply discounted products during the recession, so naturally gravitated toward the low-cost items we were already offering before the economic downturn.”
Reports from DiscountMugs.com show a change in customer behavior; long time customers are purchasing larger orders at a higher frequency while the rate of new customers is also increasing. DiscountMugs.com has increased its staff to accommodate this influx and is showing all early signs of full recovery from the recession. The staff increase greatly helped a local Florida economy which has over 11.6 percent unemployment rate though that is also showing signs of recovery. Despite being positive for DiscountMugs.com, the scope and range of their company’s recovery based on their large clientele is clear signs of positive growth in the Florida and US economy in general. DiscountMugs.com has continued plans of growth and will not change its business model of factory-direct products with in-house manufacturing, limited free shipping and a 100 percent price guarantee.
For DiscountMugs.com reviews from the Better Business Bureau and TrustLink go to http://www.trustlink.org/BusinessProfile.aspx?ID=206014674&SRC=W