TigerDirect: Second Online Retailor to Top $1 Million in Bitcoin Sales
Tiger Direct Second online retailer to exceed $1 Million Bitcoin sales. Following Overstock, TigerDirect is the second online retailer to report Bitcoin sales in excess of $1 Million. TigerDirect processes about 2 billion dollars of orders each year. Both companies reported dramatic sales increases as a result of beginning to accept Bitcoin. Using Bitpay as its payment provider TigerDirect began accepting Bitcoin on January 23rd. Interestingly customers are eager to spend Bitcoins in spite of the constant media hype that Bitcoin is deflationary and therefore supposedly people wont spend....
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Florida-based online high-tech retailer TigerDirect passed $1m in total bitcoin sales on 13th March, less than two months after it began accepting the digital currency. TigerDirect began taking bitcoin on 23rd January, partnering with Georgia-based merchant processor BitPay, and has been active at incentivizing its budding bitcoin customer base. Steven Leeds, director of marketing at Tiger Direct, told CoinDesk that his company has been very pleased with its decision so far. Said Leeds: "The overwhelming response from our customers validates our decision." In addition to the sales....
TigerDirect made a splash earlier this year when they announced they'd be accepting bitcoin somewhat suddenly at the end of January, making it the second mainstream retailer to embrace the digital currency behind Overstock.com. In under one day, the retailer brought in a whopping $250,000 worth of sales paid for in bitcoin, and just last month, TigerDirect announced they'd surpassed the $1 million mark. But our friends in Canada were watching from the sidelines. Unfortunately, TigerDirect only enabled bitcoin payments here in the United States, leaving shoppers at their Canadian site at....
In late January, electronics retailer TigerDirect began accepting bitcoin payments, becoming the second large-scale retailer to do so following Overstock.com. A day later, we learned that the store had reeled in a whopping $250,000 worth of sales paid for in the digital currency, breaking that which Overstock brought in. Today, bitcoin news website CoinDesk is reporting that the online retailer has broke the $1 million mark as of the 13th of March - nearly 50 days after first beginning to accept it. On the 4th of March, Overstock.com announced they passed the $1 million marker, and....
TigerDirect's decision to begin accepting bitcoin payments has sparked "video card madness" at the online electronics dealer, brand manager Steven Leeds told CoinDesk. "Every single video card has seen a more than 50 percent spike [in sales]," Leeds said. Rounding out the top four items in terms of sales increases since the company's 23rd January announcement were power units, tablets and Xbox units. Further, Leeds revealed that TigerDirect's website has seen a 30% bump in traffic on the news. The top selling item in the first day was the Sapphire Radeon R9 280X VAPOR-X, of which 30 units....
TigerDirect Canada seems to be working on bitcoin integration, but for the time being details are sketchy. Shoppers south of the border can already use bitcoins on the company's US site. The tech retailer started accepting the currency back in January, just two months later TigerDirect announced that the total volume of its bitcoin sales had surpassed $1m. Canada could soon join the fun. TigerDirect's bitcoin rollout appears to have been a success in the US and now it appears that it is about to expand to Canada. There is still no official announcement, but newsBTC came across a curious....