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Tag Archives | Noell Hyman

Update | Etsy Earnings, Closure, Hancock Fabrics, and more!

Welcome to the weekly Update column from Scrapbook Update for August 3rd, 2017!

[Disclosure: I have professional relationships with Cricut and Scrapbook.com who are mentioned in this article but this content is not sponsored.]

Closures. Illinois-based craft product distributor Product Performers closed its doors unexpectedly on June 30th. The closure of Product Performers leaves three remaining major distributors serving the paper crafts industry in the U.S.: Michaels-owned Darice, Notions Marketing, and Petersen-Arne.

Earnings. Etsy reported its 2nd Quarter 2017 earnings after market close today, posting a 19.1% year-over-year increase in gross revenue. The company also posted a 10.9% year-over-year growth in active sellers, and 17.2% year-over-year growth in active buyers. Mobile continues to grow in importance for Etsy, with approximately 65% of visits to the site occurring on mobile. Just over half of the platform’s gross merchandise sales (GMS) now occur on mobile.

Etsy has cut nearly a quarter of it’s workforce since January 1st, and says that this and other operational streamlining to reduce costs should reduce costs by $20 million in 2017 and by $35 million on an annualized basis.

Based on 2nd Quarter 2017 numbers, Etsy released new earnings expectations for Fiscal Year 2017. The company’s new forecast is for Gross Merchandise Sales to be up 12-14% year-over-year, and for revenue to grow 18-20% year-over-year.

Events. AFCI and SPC have announced the date and location for the 2018 Mixed Media Event. The show will take place at the South Towne Exposition Center in Sandy, Utah (south of Salt Lake City). An education day is scheduled for July 16th, 2018, and the show floor will be open July 17th-18th, 2018. For more information, visit the AFCI website.

Endings. The Paperclipping.com online video service run by Noell & Izzy Hyman will be closing down at the end of September. Members are being given one last chance to renew their membership on a month-by-month basis this month and then the Hymans plan to shut its doors after next month. The closure of Paperclipping has been planned by the Hymans for nearly a year, as Noell is moving on to a career as a yoga instructor in several studios near their Arizona home.

Crimes. Israeli police have arrested five antiquities dealers in connection with the illegal sale of artifacts that were seized from Hobby Lobby by the U.S. government over allegations of smuggling.Cricut Maker

Partnerships. Cricut is partnering with Simplicity as part of the launch of its new machine, the Cricut Maker, that was announced on August 1st. Simplicity is making hundreds of its digital patterns available in Cricut Design Space to cut on the Cricut Maker machine, which features a special rotary blade specifically for cutting fabric. Previous generations of the Cricut machine could cut fabric, but only when stabilized with an iron-on backer, which isn’t necessary on the new machine.

The launch of the Cricut Maker machine reflects a broader trend among companies that were once marketing solely to the paper crafts market to try to serve a broader audience – and the sewing market, via fabric and quilting, has been a popular target of many companies making the shift.

Endings II. The liquidation of Hancock Fabrics, which began well over a year ago, is still underway, with the liquidation plan finally being approved by the bankruptcy court on June 20th. Liquidation of many of the company’s key assets had already taken place, despite the lack of a court approved plan. In Summer 2016, Michaels Stores purchased the brand assets of Hancock – its trademarks, brands, and customer database – for $1.3 million. The Hancock-owned trademarks bundled in the deal included the brands Sew Perfect, Absolutely Cotton, and Creative Sewing Solutions (among others). Michaels did notify Hancocks customers that it planned on using the customer database to give them the option to opt out. Whether the company will use the sewing-related trademarks is another question. Sometimes purchases of assets like this are made not for intended use but as a sort of game of corporate “keep away” to prevent the assets from being used by competitors.

Social. If you are an Etsy storeowner looking to improve your social media reach, Forbes has a must-read article analyzing how some Etsy artisans have dramatically improved their sales using Facebook Live.

Change. A lot is written about the local retail businesses that die as a result of ecommerce, but we don’t hear as much about the businesses that are built from the rise of ecommerce – and the jobs they create. To learn more about one company that credits its booming growth to the rise of ecommerce, including clients that do business in the crafts industry such as Amazon, and Hobby Lobby – visit mlive.

Milestones. Congratulations to stamp company Neat & Tangled on reaching its five year birthday yesterday!

Products. Simon Says Stamp has released a new collection of stamps and dies by designer Cathy Zielske. In Zielske’s signature cheeky style, with sentiments like “Hello my hide-a-body friend”, these aren’t your grandma’s everyday stamps. (Unless, of course, you have a really cool grandma.)

Social II. In case you weren’t already convinced that Pinterest was a search engine, the social media platform drove the point home this week by updating its mobile app to reduce the number of clicks required to do a search. The search box is now visible on the app’s main home feed page, instead of buried in the explore tab as it previously was. They’ve also placed the button to access Lens, the feature that uses your device’s camera to take a picture and search for similar items on Pinterest, on the home feed page next to the search box for easier access.

Pinterest said in the announcement that monthly mobile searches are up 40% over last year and that 85% of all Pinterest searches now take place on mobile.

History. For a great read about the history of stamping and the rubber stamp dating all the way back to Old Testament times, check out Scrapbook.com’s article “The History of Stamping“.

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Paperclipping Roundtable #56: Breaking the Quote Rules

Ali Edwards and Jess Forster joined Noell, Izzy and I at the Roundtable this week to confess all our scrapbook rule-breaking sins. Rules, what rules? We think rules are made for breaking!

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To listen to this episode, you can use the player embedded above, right-click on this link to download the file to your computer, visit the Paperclipping Roundtable web page or to make things easy, you can use this link:

Subscribe for free to Paperclipping Roundtable on iTunes

That link will open in iTunes and take you to the subscribe page, and then you can click on the “subscribe” button.

Subscribing in iTunes is one of the best ways to support Paperclipping Roundtable. Using iTunes is free, and subscribing is free. (If you don’t know how to use iTunes to subscribe, you can watch a video here that shows you how.)

The Panel

Sponsors:

Copic Craze from GetItScrapped.com: Click here to view more details, and make sure you use this coupon code at checkout for 15% off the purchase: copic5off4prt

Big Picture Classes! Big Picture Scrapbooking has a new name! Click here for a promo code for Paperclipping Roundtable listeners to use to save 10% on any one class at Big Picture Classes! (Don’t forget that you can still use the link to support Roundtable even if you’ve already used the one-time discount code.)

Picks of the Week

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Paperclipping Roundtable #42: Titles Don’t Have To Stop Traffic

This installment of the Paperclipping Roundtable featured Angie Lucas joining us to talk about titles (and as usual a whole lot more!)

Oh – want to know what Nancy’s big announcement is? Check out the latest class at Big Picture Classes!!

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

To listen to this week’s episode, you can use the player embedded above, right-click on this link to download the file to your computer, visit the Paperclipping Roundtable web page or to make things easy, you can use this link:

Subscribe for free to Paperclipping Roundtable on iTunes

That link will open in iTunes and take you to the subscribe page, and then you can click on the “subscribe” button.

Subscribing in iTunes is one of the best ways to support Paperclipping Roundtable. Using iTunes is free, and subscribing is free. (If you don’t know how to use iTunes to subscribe, you can watch a video here that shows you how.)

The Panel

Sponsors:

Art Journaling Bundle with Dina Wakely from GetItScrapped.com: Click here for the course information, and make sure you use coupon code dwajbundle4prt at checkout.

Big Picture Classes! Big Picture Scrapbooking has a new name! Click here for a promo code for Paperclipping Roundtable listeners to use to save 10% on any one class at Big Picture Classes! (Don’t forget that you can still use the link to support Roundtable even if you’ve already used the one-time discount code.)

Picks of the Week

More Links

Get Your Digi Game On

Disclosure

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Paperclipping Roundtable #36: Go Outside

What happens when you apply Zen Habits to scrapbooking? The “zen” panel of Ali Edwards and Molly Irwin took on this topic along with Noell and Nancy!

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

To listen to this week’s episode, you can use the player embedded above, right-click on this link to download the file to your computer, visit the Paperclipping Roundtable web page or to make things easy, you can use this link:

Subscribe for free to Paperclipping Roundtable on iTunes

That link will open in iTunes and take you to the subscribe page, and then you can click on the “subscribe” button.

Subscribing in iTunes is one of the best ways to support Paperclipping Roundtable. Using iTunes is free, and subscribing is free. (If you don’t know how to use iTunes to subscribe, you can watch a video here that shows you how.)

Sponsors:

Big Picture Scrapbooking! Click here for a promo code for Paperclipping Roundtable listeners to use to save 10% on any one class at Big Picture Scrapbooking! (Don’t forget that you can still use the link to support Roundtable even if you’ve already used the one-time discount code.)

Beautifully Handmade from GetItScrapped.comClick Here for the course information, and make sure you use coupon code bhb4prt at checkout.

The Panel:

Picks of the Week:

Peter Walsh talks quite a bit specifically about scrapbooking in It’s All Too Much. The opening chapter of the book is all about an example where the wife is hoarding scrapbook supplies, and later in the book a whole section is devoted to scrapbooking and craft supplies.

Now available at Scrapbook.com

Making Memories
Noel Collection
Christmas
Rosette Stickers

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Paperclipping Roundtable #35: Memory-Go-Round

What can you do about all the emotions that can flood you when you’re scrapbooking? We have lots of ideas on this week’s Paperclipping Roundtable!

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

To listen to this week’s episode, you can use the player embedded above, right-click on this link to download the file to your computer, visit the Paperclipping Roundtable web page or to make things easy, you can use this link:

Subscribe for free to Paperclipping Roundtable on iTunes

That link will open in iTunes and take you to the subscribe page, and then you can click on the “subscribe” button.

Subscribing in iTunes is one of the best ways to support Paperclipping Roundtable. Using iTunes is free, and subscribing is free. (If you don’t know how to use iTunes to subscribe, you can watch a video here that shows you how.)

Sponsors:

Big Picture Scrapbooking! Click here for a promo code for Paperclipping Roundtable listeners to use to save 10% on any one class at Big Picture Scrapbooking! (Don’t forget that you can still use the link to support Roundtable even if you’ve already used the one-time discount code.)

Beautifully Handmade from GetItScrapped.comClick Here for the course information, and make sure you use coupon code bhb4prt at checkout.

The Panel:

Picks of the Week:

Now available at Scrapbook.com

Maya Road
Trinket Blossoms Collection
Velvet Jewel Flower
Light Pink And Dark Pink

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Paperclipping Roundtable #34: When They Get Hot, They’ll Black Out

What happens when we get behind on our audience comments? We devote an entire show to answering your questions! Enjoy this audience-response show…we did. You never know what is going to happen when Ana is on!

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

To listen to this week’s episode, you can use the player embedded above, right-click on this link to download the file to your computer, visit the Paperclipping Roundtable web page or to make things easy, you can use this link:

Subscribe for free to Paperclipping Roundtable on iTunes

That link will open in iTunes and take you to the subscribe page, and then you can click on the “subscribe” button.

Subscribing in iTunes is one of the best ways to support Paperclipping Roundtable. Using iTunes is free, and subscribing is free. (If you don’t know how to use iTunes to subscribe, you can watch a video here that shows you how.)

Show Notes:

This episode of Roundtable is sponsored by Big Picture Scrapbooking! Click here for a promo code for Paperclipping Roundtable listeners to use to save 10% on any one class at Big Picture Scrapbooking! (Don’t forget that you can still use the link to support Roundtable even if you’ve already used the one-time discount code.)

The Panel

Picks of the Week

And, by popular demand….here’s the link to the infamous Cinderella layout.

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Disclosure

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