During the corresponding time, Katy Industries Inc saw a revenue deteriorated by -22.82 % year on year, sequentially revenue fell by -20.49 %. While revenue at the Katy Industries Inc's corporate clients
Katy Industries Inc's Comment on Sales, Marketing and Customers
We market branded plastic home storage units to mass merchant retailers in
the U.S. and Canada. Sales and marketing of these products are handled by direct
sales personnel and external representative groups. The consumer distribution
channels for these products are highly concentrated, with several large volume
retailers representing a very significant portion of the overall customer base.
We compete with a limited number of large companies that offer a broad array
of products and many small companies with niche offerings. With few consumer
storage products enjoying patent protection, the primary basis for competition
is our ability to deliver product on-time at a competitive price. Therefore,
efficient and flexible manufacturing and distribution capability is critical
to success. Ultimately, our ability to remain competitive in these consumer
markets is dependent upon our position as a low cost producer.
We market a variety of commercial cleaning products and supplies to the sanitary
maintenance supply, industrial and foodservice channels. Sales and marketing
of these products are handled through a combination of direct sales personnel,
manufacturers’ sales representatives and wholesale distributors. The commercial
distribution channels for our commercial cleaning products are highly fragmented,
resulting in a large number of small customers, mainly distributors of sanitary
maintenance products.