Motocaddy Ltd has just announced a 52% increase in unit sales for the year ending 30th September 2008.
That coupled with an impressive 65% increase in turnover during the same period illustrates the huge impact the Hertfordshire based company has had on the market since the launch of its original Explorer trolley back in 2005 and the subsequent success of its more recent S1, S1 Digital and S3 Digital models.
It also explains why Motocaddy is currently regarded as one of the hottest companies operating within the golf market and why its latest S5 model – due out in Spring 2009 – is so eagerly awaited.
“We are delighted to report a 52% increase in unit sales for the year ending 2008,” said Rod Brown, managing director of Motocaddy Ltd. “Our turnover has also gone up by 65% which we believe is an impressive performance at a time when many of our leading competitors are struggling in what is undoubtedly a difficult marketplace.”
Motocaddy Ltd was established four years ago and now sells its products in over 500 UK professional shops and many other reputable retail outlets and in almost 30 other countries elsewhere around the world.
The company has worked extremely hard to expand its list of stockists in the UK and that process has been greatly enhanced by the success of the innovative Retail Programme which enables retailers to sell the product without having to purchase stock up front.
Under the terms of the Retail Programme Motocaddy provides approved stockists with display models and guarantees to dispatch orders promptly once a sale has been made. At the end of each month Motocaddy then pays a Royalty Payment straight into a retailer’s bank account with these Royalties being increased for higher volume sellers. Royalties are also paid on bags, accessories and extended warranties.