Scottish Friendly reports record monthly online sales

Scottish Friendly logo Scottish Friendly is celebrating its 150th anniversary

Related Stories

Financial services group Scottish Friendly has reported a record level of online sales in a single month.

The mutual society said revenue reached £524,000 in October - almost double the total for the same month last year.

It is the first time the group's web sales have exceeded £500,000 for a single month.

Scottish Friendly said the increase was in part due to a surge in the number of people snapping up investments for children.

Last year, the Glasgow-based group launched a new website aimed at boosting customer access to its product range.

E-commerce marketing manager Jim Gall said: "The growth in online sales proves that, despite the fragile economy, there is still demand for the sort of low premium, monthly investment products provided by Scottish Friendly.

"Our continued investment in e-commerce has clearly paid off."

Scottish Friendly is currently celebrating its 150th anniversary.

Its roots stretch back to 1862 when it was originally established as the City of Glasgow Friendly Society.

More on This Story

Related Stories

The BBC is not responsible for the content of external Internet sites

More Scotland business stories


Features & Analysis

Elsewhere on the BBC

  • Audi R8Need for speed

    Audi unveils its fastest production car ever - ahead of its Geneva debut


  • A robot holding a table legClick Watch

    The robots who build flat-pack furniture - teaching machines to work collaboratively

Try our new site and tell us what you think. Learn more
Take me there

Copyright © 2015 BBC. The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.