Online crafts outfit Etsy is planning to roll out its Etsy Wholesale service in August, enabling craftmakers to sell their output to retailers in addition to consumers. Sellers will have pay a one-off joining fee of $100, while Etsy will collect a 3.5% transaction fee on each order. “For many sellers who have built sustaining, full-time businesses on Etsy, Etsy Wholesale is a way to support their continued growth,” the company says. “What we’ve built is a direct reflection of listening to the needs of our growing community of shop owners ready to take their businesses to the next level.”
While it’s always interesting to read about the jump in ad spend over the last year, the findings revealed by the recent IAB and PwC Digital Adspend Study confirmed what the industry has experienced first-hand. Digital ad spend is up 17.5 per cent to a record six-month high of over £3 billion, or £66 per person online, writes Owen Sagness.* However, one finding in particular stands out as a trend with the potential to impact many aspects of the digital advertising industry, from media to creative to publishing – the undeniable growth in the popularity of video. Video accounted for almost one fifth of all advertising spend in 2013, a sign that the message is getting through to the industry.
India, that bastion of cricket, could yet become a major football market with the launch of the Indian Super League (ISL), which is able to boast the hefty support of IMG Reliance – a joint venture between Reliance Industries and global sports and media outfit IMG – plus Star India and the All India Football Federation. The two-month-long ISL tournament is a copycat model of the Indian Premier League, the successful eight-week cricket tournament, and the first ball is set to be kicked competitively in September.
US youth is exposed to around two hours and 30 minutes of popular music a day, and with it eight mentions of alcohol brands, according to new academic research led by the Geisel School of Medicine at Dartmouth. Hip-hop lyrics favour luxury brands, such as Cristal and Hennessy, and brand references in rap music have been steadily increasing. The research finds that drinking and binge drinking are more common among young people who like tracks with alcohol brand names.
Agencies are starting to get fired up about beacon technology as marketers see ways of using the micro-location wireless gear both to engage consumers on retail premises, and to gather yet more data. That’s why UK-based Appflare has launched its agency programme to bring the market up to speed on beacon and enable creatives to get creative with it.
The world’s most creative square mile, reportedly home to one in five creative jobs in London, is about to have its own festival in the shape of SohoCreate. The event, which bows in June, aims to be a showcase for creativity and inspiration across the arts, from theatre and fashion, through to games, film, SFX and music. And the target audience is anyone working in those sectors, or who is keen to find out about what drives creative people to do what they do.
Airbnb is more than just the poster child of the sharing economy, it’s also the beneficiary of the near zero marginal cost phenomenon. The Internet and other innovations have reduced marginal costs to near zero for some products and services – like global accommodation capacity – and that has left many traditional companies reeling, writes Jeremy Rifkin in the LA Times.
LoveLive has rolled out its L-Platform service in the UK with Spotify onboard as launch brand partner. The music streamer will offer an exclusive video concert series featuring the likes of Disclosure, Haim and Bombay Bicycle Club over the L-Player embeddable player to The Guardian, Time Out and Q websites starting 15 April The content will be customised with integrated Spotify links from within L-Player, enabling music fans to follow artists, and to grab additional curated music and playlists from featured artists, with the aim of driving engagement and customer acquisition.
Sunglass Hut has joined forces with Google.
Condé Nast’s Epicurious has become the first US media brand to tap into wireless beacon technology by joining inMarket’s expanding Mobile to Mortar platform.
UK 4G brand EE is onboard Glastonbury Festival 2014 as tech partner and, in addition to providing mobile connectivity, will create the Glastonbury app featuring performance scheduling tools, an interactive map and social integration.
Google Glass is starting to pop up all over the place, even far outside its Californian home turf.
Honda can boast the two leading spots in a Top 10 ranking of the most-viewed viral video car ads in the UK over the past five years, with the Hands and An Impossible Made Possible clips, respectively, according to Visible Measures.
Pantone Colorwear has opened its first European pop-up shop in the Marais in Paris showing off its s/s 2014 apparel and swimwear collection.
Oreo has rolled out an online series featuring crack chefs Roy Choi, Michael Voltaggio and Nguyen Tran whom the brand has tasked with coming up with new snacks based on the humble Oreo cookie.
Cath Kidston could be turning Japanese as the retailer is currently talking to Fast Retailing – owner of Uniqlo – about a possible acquisition.
Walmart is the world’s most valuable retail brand with a valuation of $131,877 billion, while H&M tops the pile in Europe at $18,168 billion, and Woolworths is the most valuable in Asia Pacific, according to the Best Retail Brands ranking from Interbrand.
Vodafone’s not the only mobile brand pushing mobile payments in Europe.