holiday season
Final Tally: US Retail E-Commerce Spend Up 15% in 2012
Retail e-commerce spending grew by 15% year-over-year in 2012 to reach $186.2 billion, according to figures from comScore. In Q4, sales grew by 14% year-over-year (mirroring the holiday season’s growth rate), topping $50 billion for the first time in a quarter ($56.8 billion). That increase was fueled by a 6% gain in the number of [...]
Samsung and Apple still kings of the smartphone market, Nokia loses top five spot to RIM
Source: http://www.engadget.com/2012/10/26/idc-third-quarter-figures/
IDC’s third quarter figures are in, complete with a few unexpected shake-ups. The entire cellphone market grew 2.4% over the same time last year, but smartphones drove the majority of that, showing growth of 45.3% and beating the analysts’ expectations. Of the 179.7 million smartphones shipped, Samsung and Apple devices accounted for almost half of them, with the companies retaining their number one and two positions in the market, respectively. IDC notes that iPhone shipments didn’t increase, but this is somewhat expected given the latest iteration was released only a short time before the end of the quarter. What we find particularly interesting is that Nokia was ousted from the top five smartphone players and replaced by RIM. Whether Nokia’s upcoming Windows Phone 8 devices will put it back in contention remains to be seen, as does the effect BB10 and RIM’s new handsets will have on the market. ZTE finished fourth in the list thanks to increased sales in
Filed under: Cellphones, Mobile, Apple, Samsung, HTC, Nokia, RIM
IDC: Samsung and Apple still kings of the smartphone market, Nokia loses top five spot to RIM originally appeared on Engadget on Fri, 26 Oct 2012 03:56:00 EDT. Please see our terms for use of feeds.
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Etsy’s Community Has Already Sold More Than $500 Million This Year
Source: http://www.businessinsider.com/etsy-sales-milestone-500-million-2012-8
Etsy’s CEO Chad Dickerson recently announced a big company milestone.
Last year, the company’s community generated more than $525 million in sales. This year the community is on track to crush that number.
It’s already passed $500 million in sales.
That figure also gives you an idea of what Etsy is making. Etsy takes a 3.5% cut of every sale and 20 cents for every posted item.
Since February, Etsy’s also started processing payments for some of its shops through a program called Direct Checkout. On payments, it takes a 3% cut plus 25 cents per transaction. Since February, it’s processed $50 million in payments.
That means Etsy has generated more than $20 million this year, and the holiday season hasn’t even struck yet.
On Thursday, it announced a new gift-card program which will require Etsy shop owners to sign up for Direct Checkout, and it’s also offering free payment-processing through the end of September to encourage its use. That may hit transaction fees in the short term, but in the long term, if more Etsy shop owners adopt Direct Checkout, it will substantially increase the money Etsy makes from each sale. (Etsy says Direct Checkout benefits shop owners because customers spend more on average when the feature is enabled.)
Brooklyn-based Etsy has more than 300 employees, 800,000 active merchants and more than 40 million monthly visitors.
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Dr. Augustine Fou is Digital Consigliere to marketing executives, advising them on digital strategy and Unified Marketing(tm). Dr Fou has over 17 years of in-the-trenches, hands-on experience, which enables him to provide objective, in-depth assessments of their current marketing programs and recommendations for improving business impact and ROI using digital insights. 
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