Monday June 18, 2018

Dotcom Distribution Is Profitable, But Not #Sexy

(image: Dotcom Distribution)

Crain’s New York Business calls Dotcom Distribution NY’s least sexy big Internet player. The $60 million e-commerce company survived the dotcom implosion and has been profitable since 2004. Last year, it shipped $1 billion in goods for clients including Intermix, Bliss, Fab, SiriusXM Satellite Radio and Birchbox.

Dotcom provides widely different services. Birchbox customers receive elegantly gift-wrapped cosmetics each month. Fashion retailer Intermix clients get same-day delivery. The company prepped for an expected boom in on-line retailing by doubling its space. It has a combined 1 million square feet in two NJ facilities, and currently ships an average of 15,000 to 25,000 items a day. Founder Bill Follett told Crain’s that future expansion requires more capital, saying, “We’ve stayed private, but that doesn’t mean we always will because it takes money to grow.”

Crain’s New York Business