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Businesses in your industry are emerging from a strong year of growth. Sales volumes, margins, and revenue for home and building suppliers have all been trending in the right direction. Online sales rose dramatically due to the market-wide shift to online and socially-distanced shopping. With extra capital, industry leaders have invested more in technology to keep up with trends and expand online capabilities. These investments will continue to pay off in the long run. Some key findings include:
Reported an increase in revenue over the past 12 months.
Consider ecommerce as the most important feature in running their business.
Consider new software on an annual basis.