San West Inc. Bolsters Online Presence With Website Enhancements and Paid Advertising Overhaul
SAN DIEGO, CA -- (Marketwire) -- 03/04/10 --
San West Inc. (OTCBB: SNWT) an emerging leader in the design, manufacturing, sales and repair of off-road buggies, today announced improvements to both the design and functionality of its partner site, http://www.CountyImports.com that are expected to drive sales and profitability going forward.
San West President and CEO Frank Drechsler commented, "We remain focused on enhancing the user experience for our customers in an ongoing effort to bolster our position as the one-stop destination for all things related to the off-road vehicle (ORV) market. CountyImports.com is the second-largest ORV dealer online and we expect to become no. 1 with regard to natural web traffic in the very near future. Our goal is to provide robust content, a personalized shopping experience, and a full featured website so we can secure additional market share and grow online sales."
Website Development Project: San West and its partner site, www.CountyImports.com, recently consummated an ongoing website enhancement partnership with local developer http://www.distantcloseup.com, designed to deploy continuous upgrades to every aspect of the site including its aesthetics, interactive features and efficiency. Core objectives of the project include personalizing and optimizing the consumer shopping experience and making the website more appealing to its target demographic.
Keyword Marketing Overhaul: www.CountyImports.com is also in the process of conducting a major online advertising overhaul highlighted by the expansion of its Internet keyword portfolio from 1,000 to 17,000 search terms. This strategy is already resulting in higher daily sales volume and is expected to drive a 50% reduction in overall online advertising costs by improving the website's organic traffic -- typically referred to as "natural" or "type-in" traffic. This is expected to result in reduced reliance on pay-per-click advertising and provide San West Inc. with approximately $725 in free advertising per day.
Mr. Drecshler added, "The website already attracts roughly 60,000 visitors per month and gains $10 in sales for every $0.75 spent on advertising. We expect web traffic to more than triple by this Summer and are already experiencing a substantial improvement to advertising efficiency as a direct result of our ongoing web development project and paid advertising overhaul. The impact of both strategic maneuvers has exceeded our lofty initial expectations and I look forward to updating the public about future improvements made to our online business."
San West Inc. Expects More Than $2 Million in Online Sales and $650,000 in Gross Profits for Spring/Summer Season
SAN DIEGO, CA -- (Marketwire)
San West Inc. (OTCBB: SNWT), an emerging leader in the design, manufacturing, sales and repair of off-road buggies, today released forward-looking sales and profit guidance for its e-commerce business during the 2010 Spring and Summer season.
Based on order patterns, increasing traffic and the success of search engine optimization and other marketing strategies, management expects to generate gross profits of at least $650,000 on net sales of approximately $2.1 million between January 1 and August 15, 2010. The company also anticipates logging 1,000 new customer sign-ups and more than 1,100 sales orders during this time-frame. This projection represents a significant increase over previously announced online revenue forecasts for Spring 2010 of approximately $450,000.
SNWT announced the expected March 1, 2010 launch of www.ScootSpeedShop.com, a new and improved e-commerce website showcasing high-performance parts for on road Scooters and off-road recreational vehicles (ORVs).
The site was developed in response to significant unmet demand for upgrade kits and modification parts used to enhance China-built Scooters and ORVs. The site also carries parts for ATVs and Scooters, produced by popular brands including Honda and Yamaha
SNWT had a strong rally from Feb. 12 to 18. Although the stock retraced those gains volume has dropped significantly. The stock could try to test support at $0.10 but a break of $0.11 could signal a reversal of the consolidation period. On Thursday the stock opened at $0.11 and because of low volume closed at $0.106.