Markets

U.S. close in 6 hrs, 7 mins
10,278.56
-185.84
 
1.78%
2,130.42
-45.63
 
2.10%
1,087.78
-22.85
 
2.06%
101.281
0.4375
 
0.43%
5,216.46
22.33
 
0.43%
9,081.52
-301.72
 
3.22%
21,134.50
-1,075.91
 
4.84%
-0.0103
 
0.69%
0.54
 
0.62%
1,159.20
-27.80
 
2.34%
74.26
-3.70
 
4.75%
Bookmark and Share

US-Based Sheet Music Plus, the Largest Online Sheet Music Retailer, Experiences Soaring Growth in Australian Market

Business Restructure and Record-Setting Catalog Responsible for Burgeoning Overseas’ Sheet Music Market as Company Surpasses $25 Million in Revenue

Business Wire
posted: 22 DAYS 17 HOURS AGO
Text SizeAAA
Sheet Music Plus, who recently surpassed a company milestone of $25 million revenue, today announced its success in Australia, where its year on year revenue growth is close to 60 percent and the country ranks among its top three markets. This international success during a global recession reinforces the company’s position as the world’s leading supplier of online sheet music. As sheet music has become more than a billion dollar industry, Sheet Music Plus continues to operate as the industry’s most successful company with the largest catalog of more than 555,000 titles.
“Our goal was to create the premier one-stop shop for sheet music, so that anywhere in the world people could buy music spanning well-known selections to the extremely obscure,” said Keith Cerny, CEO of Sheet Music Plus. “We are now seeing the impact of our efforts in other countries, including Australia, which is now one of our top markets. Based on our sales, Australian customers gravitate primarily toward Classical, movie soundtracks, Jazz, Baroque and various 20th century sheet music, illustrating the country’s diverse musical palate.”
Australia’s extensive consumer base goes beyond individual buyers of sheet music. Among its top customers are the University of Tasmania and the Brisbane Concert Choir.
The company has improved the capabilities of its service, which is vital given its global reach. The website, which re-launched in May, now uses Ruby on Rails technology, SOLR for onsite search, and Radiant Content Management System. These upgrades allow Sheet Music Plus to provide significantly more accurate responses to customer queries and more rapidly update the site’s catalog presentation with a revamped data-driven base. Growth has increased 5 percent with nearly 100,000 orders since the re-launch.
Complementing the new website and keeping in step with the company’s growing demand for its sheet music offerings, a new data center was established in San Francisco. The data center includes a Content Delivery Network, which allows the company to deliver graphics and multimedia content at a more rapid pace to international customers and provide fully automated credit card processing. It also enables the company to easily ship 2,000 to 5,000 orders daily, which ensures the company will maintain its position as the sheet music industry leader.
About Sheet Music Plus
Headquartered in Emeryville, California, Sheet Music Plus provides the largest selection of sheet music to most locations in the world. With annual revenue of $25 million, Sheet Music Plus has an industry-leading catalog of more than 555,000 titles spanning a multitude of music genres from the most specialized to the most popular for all types of musicians, teachers, and instruments. For more corporate and product information, please visit our website: www.SheetMusicPlus.com.
Copyright Business Wire 2009
2009-11-04 16:00:00
COMMENTS ( 0 )
GOT SOMETHING TO SAY?
YOU'LL BE ASKED TO REGISTER OR SIGN IN BEFORE POSTING A COMMENT.
Make a Comment
Comment
 
Download the Daily Finance iPhone Application

Headlines From AOL Money & Finance Partners

CNBC
The Big Money
Smart Money
Kiplinger.com
The street

Visit Money & Finance for stock quotes, the web's best online portfolio manager and the latest business & financial news. Find out about every aspect of personal finance and money management, from finding the best mortgage rates and preventing identity theft to making money, saving money and investing money.