San Mateo, CA 94403, US
Business Products & Services
www.BettyMills.com
BettyMills.com is one of America’s leading online retailers of cleaning, sanitary and medical supplies and ranked #195 of the Top 500 business-to-business (B2B) internet retailers in the U.S. and ranked in the Top 1,000 internet retailers overall.
The Company is uniquely positioned at the intersection of increased demand for online cleaning, medical and sanitary supplies and the rapid growth of online shopping. The Company currently serves tens of thousands of consumers and commercial customers in health care markets, corporate, education as well as many government agencies.
In Addition, Betty Mills operates a proprietary loyalty program, Snack Rewards™ through which it has shipped over $1,200,000 of free snacks and beverages to its loyal customers, of which a large portion of the selection are all natural or organic.
During 2015 the Company received over 2.4 Million unique visitors to its website and 7,950,760 page views at www.BettyMills.com. The total amount of distinct customers making a purchase at Betty Mills during 2015 was 53,592. Those customers during the same period generated 84,341 total orders or approximately 7,028 orders per month. The Company is projecting revenue of $30,286,000 for 2018 based on the capital raised from this offering.
Seeing the trends in the national healthcare marketplace, recently the Company began directing its resources towards rapidly scaling its medical supplies category.
During 2015 the Company achieved revenues in its medical category of approximately $2,736,000, representing a 64% growth rate over the prior year.
In that same year medical supplies became the Company’s second largest product revenue category at 24.5% of total product revenue, up from 13.5% of total product revenue in 2014.
In 2015, the Company received its HMDR license which provides it with the capability to greatly expand its medical offering to include thousands of medical devices which require a medical prescription.
Contact Victor Hanna, CEO at victor@bettymills.com
More Info Here: https://www.fundable.com/the-betty-mills-company-inc
Betty Mills is uniquely positioned to be the leading online source for cleaning, sanitary and medical supplies given the shift in the age demographic of the U.S. population and the continued double digit growth rate in online commerce.
Additionally, institutional healthcare facilities, including hospice, long term care and rehabilitation clinics are turning to the internet to fulfil many of their cleaning, sanitary and medical supplies and medical device needs.
Commerce Department estimates last year indicated that U.S. annual e-retail sales surpassed $300 billion for the first time during 2014, up 15.4% from 2013.
As well, roughly 10,000 baby boomers will turn 65 years old today, and about 10,000 more will cross that threshold every day for the next 15 years.
Victor Hanna co-founded Betty Mills in 2002. He has led the Company as Co-Chief Executive Officer between July 2007 and August 2009, and as Chief Executive Officer since 2011. He has also served as the Company’s Chief Financial Officer since August 2009. Mr. Hanna has over 20 years of e-commerce experience. In 1995 he was a co-founding member of the 4 person startup team at Onsale, Inc. which was one of the earliest online auctions on the internet and a leading technology innovator in the field of dynamic pricing. Onsale grew to over $500 million as a public company, with a peak market cap of $1.8 billion. Onsale was VC funded by Kleiner Perkins and taken public in 1997 by Montgomery Securities.