Wholesalecrafts.com Reports 2011 Year-End Sales Results
Wholesalecrafts.com, the premier online marketplace for retailers to source artist-made American and Canadian crafts, announces 2011 year-end sales results.
Total online shopping cart sales placed by retailers to artists throughWholesalecrafts.com’s online marketplace for 2011 came in at $3,997,187 – a 15.6% increase over 2010, and our highest recorded annual online sales amount to date. 16,087 total orders were placed online – an 11.5% increase from 2010, and the highest number of annual orders ever recorded. The web service also reports 1045 new retailers enrolled in 2011, for a total of 20,269 registered retailers and 1,255 current artist members to date.
Except for January, all months in 2011 were record-breakers, boasting the highest online sales amounts ever recorded for those months. October came in at $484,057, the highest online sales amount ever recorded in a single month since the inception of Wholesalecrafts.com.
“We were extremely close to hitting the $4 million mark,” said Nancy Vince, President, Wholesalecrafts.com, Inc. “Nonetheless, we are extremely pleased to see these types of sales figures coming through our web site, with a big thank you going out to the retailers for continuing to buy and produce these incredible results. We anticipate a great 2012.”
Wholesalecrafts.com reports “up-to-the-second statistics” on their site, which can be accessed by its members. The site reports total sales amounts, number of orders, and number of inquiries made to artists online. It is estimated that only 30% of retailer transactions are placed through their online shopping cart; the rest bypass their system by placing phone, fax or email orders directly with the artists. Considering this fact, it is more likely that artists received closer to $13.3 million in total sales revenues from Wholesalecrafts.com’s online marketplace in 2011.
About Wholesalecrafts.com
Wholesalecrafts.com is the premier online marketplace for retailers to source over 1,200 juried American and Canadian wholesale artists.Wholesalecrafts.com features jewelry, gifts, fashion accessories, home decor, garden accessories, and more in a wide variety of price points and styles. Enrollment is free for retailers. Artists pay a service fee and are eligible for many marketing opportunities including a quarterly printed Buyers Guide catalog, co-op advertising in top trade publications, and two annual trade shows. Commissions are not charged on sales.Wholesalecrafts.com is the producer of the American Craft Retailers Expo (ACRE) shows, held annually in Orlando, FL and Las Vegas, NV. Upcoming show dates include ACRE Las Vegas, June 2 – 4, 2012, and ACRE Orlando, January 19 – 21, 2013. For more information, visitwww.Wholesalecrafts.com, www.ACRELasVegas.c om andwww.ACREOrlando.com, or call 1.888.4.CRAFT.1 (1.888.427.2381).
