3 ms·

Scrapblog Gets A $4 Million Boost For Online Scrapbooking

• iamelgringo 18y ago
  So, I've been doing a lot of thinking about the crafting market. My family in the Midwest is pretty big into it. So, I did a little research on the size of the market: $30 billion in 2006. The average annual spend per household: $476 Source: http://www.craftandhobby.org/history/tn-size.php http://www.craftandhobby.org/history/tn-size.php Film industry: 60 billion Source: http://mpaa.org/press_releases/mpa%20us%20economic%20impact%20report_final.pdf http://mpaa.org/press_releases/mpa%20us%20economic%20impact%... Video Game Industry: $28-42 billion Source: http://findarticles.com/p/articles/mi_m0EIN/is_2005_Nov_9/ai_n15786004 http://findarticles.com/p/articles/mi_m0EIN/is_2005_Nov_9/ai... There's a lot more startups dedicated to Movies or Video games than there are to crafting and hobbies. And, a lot less competition in the marketplace.
  • jamesbritt 18y ago
    "So, I did a little research on the size of the market: " Generally speaking, how does one go about researching the size of some arbitrary market?
    • herval 18y ago
      Google, maybe...