“In 10 years’ time we’ll still be on the High Street, but we’ll be big online too.” – Clinton Lewin
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High street greeting card retailer Clinton Cards has announced pre tax profits for the year of £24.1million, up from £22million a year ago. Chief executive Clinton Lewin also revealed plans to launch an online card service to take on rivals like moonpig.com who have rapidly developed the online business and have become something of an internet success story.
Moonpig.com enjoyed a turnover of £20.9million from online sales last year and Clinton’s see the importance of developing that side of the business, with low overheads and good returns.
Clinton Cards also have plans to go into mobile marketing with an iPhone application. Lewin says that trading this year has been satisfactory but not exceptional. The company are gearing up for Christmas when one third of their annual turnover will be taken.
The computer world is becoming more virtual than ever with the advent of Cloud Computing Services, where files can be saved and accessed from an online storage system, making the loss of data a thing of the past.
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