31 Oct 2014

Digi-Key online success

Many distributors are rapidly moving to on-line presences only to streamline their operations.

One of the first to discontinue their paper catalogue was Digi-Key. With an inventory as large as theirs, they were finding that it was out of data by the time it was printed and delivered. Now with an on-line presence only, new lines as well as inventory levels can be updated dynamically.

Obviously one of the major issues facing any company with moving to on-line only is whether it will be a success. Recently Digi-Key has announced an enormous spike in web traffic and on-line orders placed by design engineers in Europe. Already very successful in North America, Digi-Key announced today that engineers in Germany, the UK, France and Italy, among other regions of Europe, are rapidly embracing Digi-Key as their "go to" resource for electronic component selection and availability. The company also announced today a record increase in European sales with an average of 26-percent year-over-year growth in 2014, as compared to the first three quarters of last year.

After formally announcing its European presence just two years ago, Digi-Key has quickly become known for its unmatched selection of electronic components including one million in-stock parts available for next-day delivery. Today, 81 localized Digi-Key websites represent 10 local languages and 16 different currencies. The company attributes over 42% of its sales revenue to customers outside of the United States.

A recent Forrester study validates the trend with a predicted growth rate of 11-percent per year across Europe with strong numbers in 2014 representing the UK and Germany with the next wave of growth coming from Southern Europe, namely Italy and Spain.

Most popular news in Distribution & supply

Light curtains enable higher levels of safety in industrial production
Red Hat Enterprise Linux now globally available on Alibaba Cloud
High-performance RoboxPRO 3D printer launched for rapid prototyping
Semiconductor sales slow but positive December '17 result for UK Distributors
A low power GNSS module with outstanding accuracy

All news in this channel | All news

Share this page

Want more like this? Register for our newsletter

Securing wireless data transport Bernd Hantsche | Rutronik
Securing wireless data transport
Wireless communication is part of the critical infrastructure of our lives, enabling services as diverse as TV and radio, smartphones, remote monitoring, garage-door openers and a rapidly expanding family of Internet of Things devices.
Online - Designing GaN Power Amplifier MMICs
Learn how to design high performance GaN power amplifier MMICs

More training courses

Radio-Electronics.com is operated and owned by Adrio Communications Ltd and edited by Ian Poole. All information is © Adrio Communications Ltd and may not be copied except for individual personal use. This includes copying material in whatever form into website pages. While every effort is made to ensure the accuracy of the information on Radio-Electronics.com, no liability is accepted for any consequences of using it. This site uses cookies. By using this site, these terms including the use of cookies are accepted. More explanation can be found in our Privacy Policy