EcommerceBytes-NewsFlash, Number 2294 - May 25, 2010 - ISSN 1539-5065 2 of 5
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Etsy sales were $22.4 million in April 2010, a 78% increase year-over-year. However, traffic to the site for the month grew by only 37% year-over-year, showing a steady decline in the rate of growth since January. Year-over-year pageview growth for Etsy was as follows: Jan 2010 - 63% Etsy's overall slowing growth rates show a maturing market, despite its efforts to expand in Europe. Its lack of traction in Asia has not gone unnoticed. This year, 1forME launched in South Korea offering hand-made, artists-produced goods, stating on its website, "1forME is Etsy of Korea."
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About the author:
Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). Follow her on Twitter at @ecommercebytes and send news tips to ina@ecommercebytes.com. |
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Etsy Helps Users Search for Their Favorite Things - December 20, 2010
Etsy Sellers Become Frustrated with RetailMeNot Coupons - December 13, 2010
Etsy Launches Social Shopping Features - December 03, 2010
Etsy Makes International Selling Easier with Currency Update - November 26, 2010
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