简体中文

×

Facts & Figures

Facts & Figures


Contact Us

Fax : +86 (0)20 8989 9111

Email : info@jinhanfair.com

More »

Newsletter

WAYFAIR: Look at Our Market Share Grow

2017.02.15


Home furnishings etailer says it captured one-third of new online dollars in its space


Wayfair’s view of where its nameplates complete against other retailers in home furnishings.

 

Boston – Wayfair claims to have captured a stunning share of new dollars in the online home furnishings business last year.

 

During the company’s fourth quarter conference call with analysts this morning, Wayfair put 2015’s total online furniture and home decor retail sales at $20.7 billion, with $2.7 billion representing year-over-year growth. Wayfair said it bagged $930 million of that $2.7 billion.

 

“Basically, that implies that we took one-third of the dollar growth of the online home market – which would be primarily the U.S. [95% of Wayfair’s business in 2015],” said Niraj Shah, Wayfair’s ceo, co-founder and co-chairman.

 

He added: “This would understate the market share we’ve taken. It’s a lagging [figure] because it looks back at the whole year.”

 

Repeat business drove sales, with, repeat customer orders up 92.3% to 5 million orders.

 

Its three largest categories remain furniture, décor, and soft home. But Wayfair has also begun pushing growth in home improvement and housewares.

 

“Those could be quite large for us in the future, and the customer base that we have seems to be very engaged with it,” said Shah.

 

Source from: Home and Textiles Today

http://www.homeandtextilestoday.com/article/528933-wayfair-look-our-market-share-grow

 

The 33rd Jinhan Fair for Home & Gifts

21-27. 04. 2016

Online Registration available at

http://visitor.jinhanfair.com



The 42nd Jinhan Fair

Jinhan Fair Online Exhibition

Contact

Guangzhou Poly Jinhan Exhibition Co., Ltd.

Fax : +86 (0)20 8989 9111

Tel : +86 (0)20 8989 8622

Email : info@jinhanfair.com

Jinhan Fair Online Exhibition