In this thread, Jared previewed a new site feature called “Pounce”:
Here is a simple, lightweight tool to help shop:
http://www.etsy.com/pounce.php
Pounce provides a way to browse listings by recently purchased items. Each time Pounce loads, it randomly shows you a listing that has recently sold. To the right are more listings from the same shop. Reload quickly by pressing the ‘Show more…’ button.
I’ve been having a blast finding gifts this afternoon while I was building this thing.
I am posting the link here to gather suggestions, comments, and criticism before a site wide rollout later this week. Thanks for your time!
December 15th, 2007 at 12:35 am
“JDW Says:
“Considering that on the truly stellar sales days on Etsy, only 1-2% of shops actually sell anything” (post #5)
Where is that info from?”
I’m sorry, that was a quite inaccurate statement. I’m not sure what was wrong with me yesterday afternoon. The figure is more like 5-10% of shops sell something, and 1-2% of total items are sold.
Theres over 100k shops. Last I checked, over half were empty. Of the ones with at least 1 item, only 1/2 of those had been updated in the last month. I’d say theres like 25000 active sellers.
According to the Etsy Tools stats, which are likely correct, 12000-16000 items are sold on the best days (though that is increasing). Many of those sales are items under $5, and people tend to buy several at once. Let’s say the average transaction is 4 items. 15k/4 = 3,750 transactions split among 25,000 sellers.
Who knows how many of these sellers have more than one of these transactions a day. That really changes the estimate, and it’s tough to guess.
So, 7-15% of sellers sell something, on an above average day. Of course, this changes if you reestimate the above numbers.
Theres currently 950,000 items on Etsy. 1.5% of the total is sold on such a day (that’s the figure I got all confused about - and it’s not related to Pounce). This also means, monthly turnover is pretty good in relation to total listings.