Jul 09 2008

CafePress wins bid war for Imagekind

Published by at 9:40 am under Cafepress,Imagekind,POD News

ImageKind Store Front

Quite possibly the biggest move of the year for Cafepress– According to sources; Imagekind, an online art and poster site that also offers customized framing services, has agreed to be sold to CafePress for $15 million to $20 million in cash and stock. Zazzle, a CafePress competitor backed by Kleiner Perkins Caufield & Byers, also was aggressively bidding for Imagekind. According to sources, Imagekind decided to sell because both CafePress and Zazzle were moving into the online framing business.

In an interview Tuesday, Imagekind Chief Executive Kevin Saliba said the company decided to sell now because CafePress is the leader in print-on-demand services, best known for its customized T-shirts. Imagekind employs 26 people in Seattle and Portland, with plans to add a few new employees in the coming months. Saliba declined to say whether the company was profitable, but he said the business has grown in revenue, traffic and artists every month since it was founded in 2006. He declined to offer revenue or traffic figures.

This brings up many questions ..

Will Cafepress continue to run Imagekind as a sperate entity or will it be absorbed into the Cafepress maze of product activity?

What about the current Imagekind gallery owners? Will they now need to purchase a Cafepress shop and what happens to their branding of someone at Cafepress already has their shopname ?

The MOST prominent question among the Imagekind gallery owners is What happens to the IK Share a Sale affiliates? Will they be forced to use Cafepress Commission Junction affiliate network? This poses a huge problem for many IK Gallery owners and is one of the main reasons some of the most successful left Cafepress over a year ago when Cafepress changed their affiliate program to CJ.
One concerned Cafepress shopkeeper states:

“… I think mixing the two product lines together in one website – t-shirts and “real” fine art prints (vs what they sell as fine art prints
right now) – would be a huge mistake. The shopper base is looking for very
different things on each website. IK and CP were not “competitors” … CP’s
current framed fine art prints do not compare in any way shape or form with
what is offered at IK and the difference between the greeting cards …
well … I have one each of the IK greeting cards and the paper is very
suitable for framing as fine art … exquisite quality …. they are not
standard printed greeting cards.”

Expect more surprises.

Read more on this controversial issue of the Imagekind take over by Cafepress:

Seattlepi.com ;Venturebeat.com ;TechCrunch.com ;SeattleTimes ;POD for You ;WebproNews ;Imagekind Blog ;Cafepress News ;Cafepress Press Release ;T-shirt Talk

Man and Goat PaintingImagekind is a fine print, fine artwork gallery opportunity whereas Cafepress is driven by specific current events and topic designs:
Example of fine artwork by an Imagekind artist: Man and a Goat by Sylvia Kula

Artwork is presented using frame and mat and can be purchased by customer with a large variety of mats and frames, making a painting either a very expensive wall presentation or an inexpensive fine print artwork display with the decision made by the buying customer.

Breast Cancer Awareness T-shirt Cafepress offers shopkeepers a medium for sending specific messages concerning hot topics such as Breast Cancer Awareness or Political Views on affordable merchandise:

Another statement by a seasoned concerned Shopkeeper, Affiliate, Gallery Owner:

Quote:”I never considered IK direct competition to CP. As I wrote in the CP
forums this morning, the only thing they *really* have in common is
that they’re both classified as Print on Demand. CP’s posters were
never a serious competitor to IK’s $500+ framed fine art prints. It
was the difference between buying framed art at an upscale gallery and
buying framed art at Walmart or Target. The prints and frames at
Walmart are nice, but they’re not gallery-material. CP could make a
run at keeping the brand and keeping the product lines and everything,
and that would be great… but my purely speculative opinion right now
is that they’re unlikely to do it.”

This is certainly a Very Hot topic and it will be interesting to say the least on how it all evolves, Expect the Unexpected.

Time to check out the new Loxly Gallery Deborah Carney’s Loxly Gallery for fine prints and gallery submissions by artists with quality artwork. Read more about Loxly Gallery at ABestWeb Forum

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