Brighton Best Expands Distribution Routes in Both Physical & Internet Platforms
After the establishment of Brighton Best International Inc. (Taiwan), it acquired the alloy steel fastener distributor BBI in the US in 2008, and replicated the business model of TCI to expand global distribution routes in both physical & Internet platforms.
The company has set up branches in US, Canada, Australia, UK, Brazil, and New Zealand. It has 36 overseas bases, with revenue reaching USD 1.5 million per day in 2014 from USD 0.3 million per day in 2009, up 400%. Monthly client number is more than 5,000. Internet orders account for 70% of total sales, and the top client only accounts for 2.5% of revenue.
Besides enhancing the Internet platform, the company also expands product range and specifications, adding mid and low carbon steel and stainless steel fasteners to the lineup to gradually takeover market share and boost revenue.