Facebook increases Fab's Thanksgiving sales by 20 percent

(Credit:Fab)

Fab can put another notch on its trendy Facebook belt -- the quirky e-commerce site said it's made at least 20 percent of its Thanksgiving revenue from shoppers who joined Fab through Facebook.

Overall, Fab saw at least 25 percent of its revenue betweenBlack Friday and Cyber Monday come from social media sites. Facebook led the way during the four-day period, now one of the biggest shopping times of the year.

While Fab didn't say how other social media contributed to its revenue overall, CEO Jason Goldberg did post the traffic breakdown in his blog betashop:

• 65 percent Facebook

• 20 percent Pinterest

• 5 percent Twitter

• 1 percent Coolhunting

• 0.5 percent svvply

• 0.3 percent Apartment Therapy

• 0.3 percent Reddit

• 0.3 percent betashop

(The remaining 7.6 percent came from other sources.)

Related storiesLivingSocial promotes Fab for the holidaysFab continues push for customers with free shippingFab reaches 9 million users, opens up holiday shops

It's no surprise that Facebook is a major contributor to this traffic. In addition to the social network's shear size, the two companies have been closely intertwined. In September, Goldberg said the company had a good relationship with Facebook, adding that social media contributed to 50 percent of Fab's signups. Earlier this month, Facebook added Fab to its list of retail partners on its gifting service, Facebook Gifts.

Fab made a big push to cash in on holiday traffic this year. The company launched its holiday stores shortly after reaching 9 million member sign-ups earlier this month and then added free shipping to boot.

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Brooke Crothers Brooke Crothers writes about small devices and the hardware inside. He has served as editor at large at CNET News and a contributing reporter to The New York Times' Bits and Technology sections. His interest in things small began when living in Tokyo in a very small apartment for a very long time. 

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Samsung Galaxy S III smartphone sales pass 30 million

Samsung said Monday that it has sold more than 30 million flagship Galaxy S III smartphones in about five months, making it one of the fastest selling smartphones in the world.

Samsung, the world's biggest mobile phone maker, launched the smartphone at the end of May, months before competitors began shipping the latest versions of their top phones.

When Apple unveiled the iPhone 5 in September, Samsung launched an advertising campaign poking fun at the new iPhone.

The South Korean firm said the Galaxy S III is selling at a much faster rate than its predecessor announced a year ago, the Galaxy S II. The Galaxy S II took 14 months to hit 30 million sales. Sales of the Galaxy Note II, which fills a market niche between smartphones and tablets, surpassed 3 million in 37 days, Samsung said last week.

The runaway demand for high-end smartphones fueled record profits at Samsung in recent quarters while other consumer electronics firms were hit by the global economic downturn that dented demand for TVs and personal computers.

Samsung, which also makes TVs, home appliances, semiconductors and display panels, got almost 70 percent of its third-quarter operating profit from the division that makes mobile devices, cameras and computers.

Nomura Financial Investment in Seoul forecasts that Samsung will sell 67 million smartphones in the October-December quarter. That would be about 10 million units more than Samsung's smartphone sales in the previous quarter.

Samsung does not disclose its quarterly smartphone sales figures, but analysts and research firms say the company sold a record 56-58 million smartphones in July-September.

Nomura, which is more optimistic about Samsung's prospects than other forecasters, says Samsung's mobile communications business will post 5 percent growth in fourth quarter profit from the third quarter, thanks to the high-end phones 

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