RS Components Pronounced a Winner of the Internet Business Awards

OXFORD, England, November 23, 2011 /PRNewswire/ --

eCommerce Strategy Recognised as the Best in the 'Wholesalers and Distributors' Category

RS Components (RS), the trading brand of Electrocomponents plc, (LSE:ECM), the world's leading high service distributor of electronics and maintenance products, has won the 'Wholesalers and distributors' category of the Internet Business Awards 2011. The award was presented to the company for its success in developing a completely new business model centred on a redesigned presence online while still recovering from the worldwide recession. Other winners of the awards include Accenture, Citicus, Kiddicare.co.uk and RatedPeople.com.

Keith Reville, General Manager eCommerce at Electrocomponents, commented: "We're delighted to be presented with an industry-recognised award that reflects our leadership position in B2B eCommerce. Our significant growth through the last two years is inextricably linked to the redesign of our online offer. 54 percent of our global revenues are now generated online and our goal is to build a £1bn+ eCommerce business. This is our second award in as many months for our continuing progress in eCommerce."

The redesign of the company's online presence, a key element of its eCommerce strategy, included a new more customer-focused website which not only exceeded stakeholder expectations but also ended up radically changing the organisation's business blueprint. The company's ultimate vision is to be the world's distributor of choice and its eCommerce strategy has been developed to improve its offer, secure its growth and increase revenues.

Over the last two years, RS has invested heavily in digital marketing channels, transformed its customers' online experience, introduced e-procurement systems and electronics design tools, and launched one of the most advanced transactional websites in its industry sector.

The Internet Business Awards are the only UK awards dedicated to the celebration of the websites offering the best B2B experience for customers. The awards are for businesses selling or affecting transactions online to other businesses.

About RS Components

RS Components and Allied Electronics are the trading brands of Electrocomponents plc, the world's leading high service distributor of electronics and maintenance products. Through operations in 32 countries and 17 warehouses, the Group serves 1.6 million customers worldwide and distributes 550,000 products ranging from semiconductors and optoelectronics to power tools and protective clothing. The product and service portfolio supports the entire product lifecycle from R&D through pre-production to maintenance and repair. The Group ships more than 46,000 parcels on the same day the orders are received.

Electrocomponents is listed on the London Stock Exchange and in the last financial year to 31 March 2011 had revenues of £1.18bn.

For more information, please visit the website at http://www.rs-components.com.

More information is available via these links:

RS Components on Linkedin
http://www.linkedin.com/company/rs-components

Electrocomponents plc
http://www.electrocomponents.com

RS Components
http://www.rs-components.com

Internet Business Awards
http://www.internetbusinessawards.co.uk