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Auctionbytes-NewsFlash, Number 1951 - January 08, 2009 - ISSN 1539-5065      Previous Story | | Next Story

Etsy Sees 153 Percent Growth in Sales in December over Last Year
By Ina Steiner
AuctionBytes.com
January 08, 2009
Reading AuctionBytes: Etsy Sees 153 Percent Growth in Sales in December over Last Year

Etsy released December 2008 sales numbers that show just how much traction the online marketplace for homemade and vintage goods has gained in the past year. The value of goods sold on the site was $12.9 million - a 20 percent increase over the previous month, and a 153 percent increase from December 2007. Etsy merchants sold 815,327 items in December 2008, a 13.4 percent increase from November and a 140 percent increase year over year.

Additional statistics for December 2008 include: 1,098,644 new items were listed (down from 1,143,942 items in November); 164,789 new members joined the Etsy community, including 19,481 new sellers; and 410,365,372 page views were recorded on the site, essentially the same number as November.

The decrease in listings from November to December is typical, according to Etsy spokesperson Adam Brown. He said it's likely caused by a combination of two factors - a decrease in activity at the very end of December as people go offline or on vacation, combined with the "front-loading" effect of sellers listing many of their items during November with the hopes of selling them during the holidays.

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