The growth of Family Nation continues

The growth of Family Nation continues

02 October 2018

E-COMMERCE

BAMBINI

NEONATI

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The growth of Family Nation, theinnovative e-commerce that offers the best products on a global scale for children, from clothing to games and accessories, continues. The company successfully closed the campaign, raising 400 thousand euros and reaching 626% overfunding compared to the minimum capital required > discover open campaigns

The company, which closed 2017 with a turnover of 2 million euros and a growth of 120% compared to 2016, continues to achieve excellent results: since the beginning of the year it has recorded over 15 thousand orders and, in addition to the B2B and B2C channels, it has activated the marketplace channel with the e-commerce giant,Amazon. The increase in orders has been accompanied by a further improvement of the processes of evasion and delivery of products: the company has moved its logistics base in Milan, at Fiege Logistics, a leading company in Italy dedicated to logistics for e-commerce and partner of large e-commerce players such as Zalando. The new warehouse allows orders to be processed with even greater speed and precision, guaranteeing delivery within 24/48 hours.
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In recent months, moreover, sales in the B2B channel, dedicated to retailers, have grown significantly: to date, the company exclusively distributes 18 brands in over 600 stores in Italy, it has signed an agreement with an important company of products for children and babies and negotiations are underway with well-known department store chains.

In 2019 a turnover of more than 4 million euros is expected: in order to grow exponentially but sustainably and given the growth of the B2B channel, the company has developed new management software, which allows it to have a platform with a solid and technologically advanced structure.

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After the success of the campaign, therefore, very positive results for Family Nation, which expects to close 2018 with a turnover of 2.9million euros, taking into account that, during the Christmas period, about one third of sales are generated.

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