Posted: October 18, 2021 at 11:17 a.m. EDT|Update: 12 hours ago
BOSTON, October 18, 2021 / PRNewswire / – Bulbs.com continued a successful campaign in the first three quarters of 2021. As businesses across United States started to rebound after a disruptive year, Bulbs.com has been able to help commercial customers with disinfection equipment, air purifiers and ventilation products, and major lighting upgrades – many of which included instant discounts thanks to the partnerships Bulbs.com has with several utility programs across the country.
After having recorded a Q1 turnover of $ 5.7 million, which was up 17% from the previous year, Bulbs.com was able to maintain this pace steadily throughout the second quarter. $ 5.2 million and $ 6.3 million at T3. Profits for the year increased significantly, at a 3x rate compared to the previous year. The success of the business in the first three quarters can be attributed to the consistent leadership of the leadership team, as well as the hard work and dedication of the group they lead. “The whole team has been running at full speed, and the concentration and synergy within the company are paying off. ” noted Mike connors, CEO of Bulbs.com.
Another major contributor to success since the start of the year is the $ 5.1 million in the highly profitable sales that were made through the company’s utility rebate program. Bulbs.com works nationwide with over 30 utility programs including Duke Energy, MassSave, conEdison, and PSE&G Energy. Sales that include utility incentives are beneficial to both power companies and Bulbs.com business customers. Bulbs.com set a corporate record last year with $ 2.7 million sales at a discount, and the organization as a whole is extremely proud to have nearly doubled that number in the first three quarters of 2021.
Bulbs.com is poised to end the year strong in the fourth quarter with several major commercial lighting projects underway, numerous increases to utility rebate programs to close the year and some exciting new product categories. which will soon be added to continue improving the company’s offering to commercial and residential customers.
Bulbs.com is headquartered at Worcester, MA and is one of the leading online suppliers of LED lighting products. Established in August 1999, Bulbs.com provides lighting products to over 200,000 business customers operating at 300,000 locations worldwide in the hospitality, retail, property management, healthcare, manufacturing industries , government, education, industry and municipalities. For more information, visit bulbs.com.
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