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geschenkidee.ch was a huge success in 2020, the year that saw the start of the pandemic

geschenkidee.ch was a huge success in 2020, the year that saw the start of the pandemic

From the beginning of the e-commerce boom – triggered by the first lockdown in March 2020 – geschenkidee.ch was perfectly positioned and adapted with great flexibility to changing market requirements. Thanks to its excellent internal and external networks, as well as strong cooperation with suppliers and other partners, the team was able to react quickly to increased customer demands and achieve a sales increase of 80% in spring 2020. With a range suitable for the situation and adapted communications, the primary focus was on the needs and wishes of customers. This included the promotion of selected services, such as direct gift delivery including gift wrapping and a greetings card to suit the occasion. Specific new items in especially high demand in COVID times were added to the extensive product range.

In 2020, Christmas trading began as early as September. geschenkidee.ch expanded its existing wide range of popular advent calendars with a limited edition of advent calendars for him and her, conceived, designed and produced in-house. In addition to three special edition calendars, geschenkidee.ch customers were offered a wide selection of exquisite advent calendars for adults and children. Demand peaked at very high levels in November 2020, and geschenkidee.ch was able to handle this with ease.

«It is clear, though, that the success of geschenkidee.ch is not solely due to the pandemic, as you can see from the disproportionate growth in operational earnings. Alongside a considerable sales increase of 26%, the EBITDA recorded growth as high as 160% compared to the previous year. This is driven by the optimisation of margins across the range, and by a targeted increase in efficiency,» says Maud Hoffmann, CEO of geschenkidee.ch, commenting on her company’s success.

 

About geschenkidee.ch

geschenkidee.ch is the largest online store for gifts, home accessories, lifestyle and cosmetic products in Switzerland. Anyone who wants to please others or themselves will find the right gift here for every occasion, whether stylish, funny, imaginative or traditional.