Dixons

The shares for Dixons have risen 7.4%, which has shocked them as it is better than they expected. They own currys and PC world so if any losses were made it would of been pretty bad.

They said underlying pre-tax profts fell 17%. Making £70.8m, this beats what they expected. It's sales however were up by 5%, meaning they have a reasonably strong position for the next year. Their net debt has almost halved to 104m.

Electrical retail outlets are being outdone by online retailers as the online retailers have better margins. Usually being cheaper, people are more favourable to buying online.

Dixons have released a statment recently suggesting that they are making good progress in the UK and in Ireland, but unfortunatly they seem to be doing not as well in Southern Europe. they have said that they have been helped by the digital switchover, which has forced people to buy any tech that allows them to view digital TV. Considering the state of the economy and the lack of consumer confidence, they have done excellently and may proceed to do so.

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Sellfy

One click commerce Latvian site sellfy, has been stiring up interest from two of skypes alumni, Tovio Annus co founder and technical lead of the chat phenomona and head of the Estonian side of things Sten Tamkivi.

Sellfy allows users to create simple short URL's for distrubuting content they have created. This allows them to sell their wares relativiley easily, and with whichever audience the user wished to market to.

Sellfy only takes a 5% commission fee from each sale, they also offer a affiliate scheme designed to turn fans into marketeers. "Why pay 30%, 50% or even 75% to publishers or marketplaces if you already have your own community to speak to?" - co-founder, CEO, Maris Dagis. "The sellfy system allows the merchant to offer discounts in return for a facebook share or a twitter tweet. Which is pretty great, makes everybody a winner. We have been doing well these few months since our launch in mid-November, and it has received lots of traction, I think this demonstyrates that such a platform makes it very easy to start earning from stuff that people create."

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