Evernote’s Market For Physical Goods Now Accounts For 30% Of Its Monthly Sales

Originally posted on TechCrunch:

Evernote‘s CEO Phil Libin today disclosed some of the company’s latest revenue numbers at LeWeb in Paris. While it took Evernote about 16 months to get to the first $1 million in sales through its freemium model, he said, Evernote Business took five months and Evernote Market, which launched this September, took just a single month.

Right after the launch of the Market, which offers users everything from post-it notes to Evernote-branded socks and backpacks, the company started having a hard time keeping many items in stock, Libin said. To him, the market isn’t just a merchandising business, however, it’s a mainline product. The bestsellers in the store are backpacks, the Scansnap Evernote Scanner and the Jot Script Stylus. Together, they make up about 30% of Evernote Market sales and the marketplace itself is now responsible for 30% of Evernote’s monthly sales.

Before it launched, premium accounted for 89%…

View original 179 more words

2 responses to “Evernote’s Market For Physical Goods Now Accounts For 30% Of Its Monthly Sales

  1. Amazing! Its actually awesome piece of writing, I have got much clear idea concerning from
    this article.

  2. This is really interesting, You are a very skilled blogger.
    I have joined your feed and look forward to seeking more of your magnificent post.

    Also, I’ve shared your site in my social networks!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s