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07-29-2023
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Activity: 4% Longevity: 4% | | How the hell did ETSY get so big ?
Like 5 years ago ETSY for me was always like a small marketplace for women to sell candles on or other junk maybe a couple of other small time print on demand operations
Now it seems to be rivalling amazon for traffic , I am aware the dropship element is very valuable but surely there has to be more to the rise ?
The traffic they get from all over the world is absolutely insane
IT shows the value of having a global marketplace in this global economy
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07-29-2023
| | Senior Member | | Join Date: Jul 2018
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not 5 years ago,but 20 years ago,it was for handmade stuff.
Ebay has turned into a trash can ,Etsy starts allowing vintage and antiques items for sale,so more and more Ebay sellers migrate there.
But these days Etsy sales are very slow,all the stay home housewives who made cute stuff are asking each other why no sales?
Grocery and other living expenses are taking a big bite out of the household budgets,few have $$ for discretionary items.
it is cheaper than Ebay,there is a listing fee 20 cent for 3 months and the FVF then was 5%.
where have you been?
Etsy allows non handmade items to be sold long long time ago,could be 20 years ago.
Handmade items must be made by you or someone who works for you,not anything handmade by someone else
ETSY will announce earnings today,watch it,as sales have fallen off a cliff.
Etsy allows antique,vintage and handmade items for sale .
Etsy has non US sellers,I have seen European, Argentina.SE Asian sellers.
Etsy also uses Google search,and if your buyer comes thru such,you pay extra fee,sometimes it could wipe out your profit. Quote:
Originally Posted by theshoefairy I for one hope they lose sellers and shut down. Their customer service is abysmal. | This is how they manage to report good profit to please Wall Street by skipping on customer service.
Some sellers do quit,they get no sales but keep paying 20 cents listing fee. Quote:
Originally Posted by Automasters Yes, they increased MANDATORY advertising fees a few months back, it lists everything in Google shopping for more hits, hut you have to increase your asking price by about $50 to offset the advertising fees. As always, we the sellers pay for everything | The problem is we dont know until the order is placed to find out about the extra fees,that we are losing money.
The only option is to cancel the order.
Last edited by TGMT²; 12-01-2023 at 03:38 PM.
Reason: double posting
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07-29-2023
| | Executive [VIP] | | Join Date: Dec 2009
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Activity: 100% Longevity: 83% | | Re: How the hell did ETSY get so big ? Quote:
Originally Posted by JJ2Y Like 5 years ago ETSY for me was always like a small marketplace for women to sell candles on or other junk maybe a couple of other small time print on demand operations
Now it seems to be rivalling amazon for traffic , I am aware the dropship element is very valuable but surely there has to be more to the rise ?
The traffic they get from all over the world is absolutely insane
IT shows the value of having a global marketplace in this global economy | Welcome to the forum OP - all the best as you master stealth
thankfully, global marketplace constantly changes |
07-29-2023
| Senior Member | | Join Date: Aug 2018
Posts: 369
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Activity: 39% Longevity: 33% | | Re: How the hell did ETSY get so big ?
I have seen 100X more sales on Etsy compared to egay. Also, they actually honor the shop policies where egay gives buyers 60 days to return items whether you accept returns or not.
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07-29-2023
| Junior Member | | Join Date: Feb 2023
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Activity: 14% Longevity: 6% | | Re: How the hell did ETSY get so big ?
Is Etsy powerful in UK?
I thought it was an American Marketplace
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08-01-2023
| | Senior Member | | Join Date: Dec 2018
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Activity: 27% Longevity: 30% | | Re: How the hell did ETSY get so big ?
I think there were some sites in the past that were selling vintage like one I was using that merged in Etsy
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08-01-2023
| Senior Member | | Join Date: Aug 2010
Posts: 1,176
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Activity: 0% Longevity: 79% | | Re: How the hell did ETSY get so big ?
I too noticed a huge growth in etsy. I don't even see that many etsy ads not sure exactly what helped the growth.
I do think though youtube creators took some part in, there's many creators who mention etsy when it comes to print on demand/digital products and now AI.
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08-01-2023
| Junior Member | | Join Date: Oct 2020
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Activity: 10% Longevity: 20% | | Re: How the hell did ETSY get so big ?
I thought etsy only allowed hand made stuff to be sold, now it seems they are allowing auto parts and accessories too now.
Did i miss something?
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08-03-2023
| | Executive [VIP] | | Join Date: Dec 2009
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Activity: 100% Longevity: 83% | | Re: How the hell did ETSY get so big ? Quote:
Originally Posted by agent006140 ETSY will announce earnings today,watch it,as sales have fallen off a cliff. | there was a time during the pandemic when ETSY stocks soared - money was made
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11-30-2023
| Junior Member | | Join Date: Jun 2018
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Activity: 0% Longevity: 33% | | Re: How the hell did ETSY get so big ?
I for one hope they lose sellers and shut down. Their customer service is abysmal.
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11-30-2023
| Senior Member | | Join Date: Aug 2018
Posts: 369
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Activity: 39% Longevity: 33% | | Re: How the hell did ETSY get so big ?
Yes, they increased MANDATORY advertising fees a few months back, it lists everything in Google shopping for more hits, hut you have to increase your asking price by about $50 to offset the advertising fees. As always, we the sellers pay for everything
| The Following User Says Thank You to Automasters For This Useful Post: | |
12-01-2023
| | Executive [VIP] | | Join Date: Dec 2009
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Activity: 100% Longevity: 83% | | Re: How the hell did ETSY get so big ? Quote:
Originally Posted by Automasters Yes, they increased MANDATORY advertising fees a few months back, it lists everything in Google shopping for more hits, hut you have to increase your asking price by about $50 to offset the advertising fees. As always, we the sellers pay for everything | Passing the buck indeed - they know they have power to do so :(
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12-18-2023
| Junior Member | | Join Date: Aug 2023
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Activity: 0% Longevity: 3% | | Re: How the hell did ETSY get so big ? Quote:
Originally Posted by Automasters I have seen 100X more sales on Etsy compared to egay. Also, they actually honor the shop policies where egay gives buyers 60 days to return items whether you accept returns or not. | The sales on Etsy are 100x better than Ebay. But the policy **** is so false its unreal.
On 3 stores I have ran, Cases will be opened, reviewed and closed within 1-6 hours in the Customers favour. (Etsy claims sellers have 48 Hours to Respond)
But guess what, this is universal on all sales Platforms, Ebay, Etsy and Amazon. You as the Seller will never ever be protected. They don't give even a shred of a single **** about you. You are there to make money and to serve the customer, and that comes at the expense of your income a lot of the time.
Thank god most people are actually pretty decent human beings when it comes to dealing online and scam cases are around 1/250-300~ orders for me. I lose more money 'saving face' with Honest customers than I do with Dishonest customers - although this is completely at my discretion as if I was to buy reviews they are usually around £12-30+ each, so I value every chance at getting a review from a real customer at that price.
A customer recently contacted me 5 days after I shipped their parcel saying THEY had made the mistake of putting the wrong address. Since the item was low-cost (Total Cost to me: £1.50~) I sent him out another parcel for free.
I broke even on that sale but I gained an insanely nice review which I would personally value at £15+.
Last edited by EtsyScamp; 12-18-2023 at 01:02 PM.
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12-18-2023
| Junior Member | | Join Date: Aug 2023
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Activity: 0% Longevity: 3% | | Re: How the hell did ETSY get so big ?
My opinion on why Etsy got so big is they marketed themselves way better than any other platform, when I ask my Mum what she thinks of Etsy she said 'Its a place where I go when I want to buy something different or unique'.
Etsy also has a userbase made up of primarily Women, and it has been proven multiple times that Women will spend more money than Men on certain items. And those 'certain items' are found on Etsy.
Most of the items I sell are pretty niche wedding related for Men, yet most of my sales are from Women buying them as Gifts for Men, not actually men buying them themselves.
I'd also like to say the fact Etsy actively makes an effort to help you make more money is pretty good. They give you the option to opt-in to site-wide sales and promotions (I made £300+ in Cyberweek Sales on Etsy). I'm think Ebay does this too but I'm pretty certain its gated behind a £25/month fee lol. | The Following 2 Users Say Thank You to EtsyScamp For This Useful Post: | |
12-18-2023
| Junior Member | | Join Date: Dec 2023
Posts: 73
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Activity: 28% Longevity: 2% | | Re: How the hell did ETSY get so big ? Quote:
Originally Posted by EtsyScamp The sales on Etsy are 100x better than Ebay. But the policy **** is so false its unreal.
On 3 stores I have ran, Cases will be opened, reviewed and closed within 1-6 hours in the Customers favour. (Etsy claims sellers have 48 Hours to Respond)
But guess what, this is universal on all sales Platforms, Ebay, Etsy and Amazon. You as the Seller will never ever be protected. They don't give even a shred of a single **** about you. You are there to make money and to serve the customer, and that comes at the expense of your income a lot of the time.
Thank god most people are actually pretty decent human beings when it comes to dealing online and scam cases are around 1/250-300~ orders for me. I lose more money 'saving face' with Honest customers than I do with Dishonest customers - although this is completely at my discretion as if I was to buy reviews they are usually around £12-30+ each, so I value every chance at getting a review from a real customer at that price.
A customer recently contacted me 5 days after I shipped their parcel saying THEY had made the mistake of putting the wrong address. Since the item was low-cost (Total Cost to me: £1.50~) I sent him out another parcel for free.
I broke even on that sale but I gained an insanely nice review which I would personally value at £15+. | Buyers can open a case 48 hours after starting a help request with the seller. Sometimes Iguess they may be able to open a case directly, such as when the seller shop is suspended
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12-18-2023
| Junior Member | | Join Date: Dec 2023
Posts: 73
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Activity: 28% Longevity: 2% | | Re: How the hell did ETSY get so big ? Quote:
Originally Posted by EtsyScamp The sales on Etsy are 100x better than Ebay. But the policy **** is so false its unreal.
On 3 stores I have ran, Cases will be opened, reviewed and closed within 1-6 hours in the Customers favour. (Etsy claims sellers have 48 Hours to Respond)
But guess what, this is universal on all sales Platforms, Ebay, Etsy and Amazon. You as the Seller will never ever be protected. They don't give even a shred of a single **** about you. You are there to make money and to serve the customer, and that comes at the expense of your income a lot of the time.
Thank god most people are actually pretty decent human beings when it comes to dealing online and scam cases are around 1/250-300~ orders for me. I lose more money 'saving face' with Honest customers than I do with Dishonest customers - although this is completely at my discretion as if I was to buy reviews they are usually around £12-30+ each, so I value every chance at getting a review from a real customer at that price.
A customer recently contacted me 5 days after I shipped their parcel saying THEY had made the mistake of putting the wrong address. Since the item was low-cost (Total Cost to me: £1.50~) I sent him out another parcel for free.
I broke even on that sale but I gained an insanely nice review which I would personally value at £15+. | You could find reviews at a lower cost than that.
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12-18-2023
| Junior Member | | Join Date: Aug 2023
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Activity: 0% Longevity: 3% | | Re: How the hell did ETSY get so big ? Quote:
Originally Posted by rswomA You could find reviews at a lower cost than that. | Okay. But paying for reviews is dumb anyway. I actually tried to find sites selling Etsy reviews before I made my post and only found a handful of fiverr services that are shut down, over 10+ broken abandoned sites and 1 working site with reviews going for £20+ each.
I couldn't find any proper good looking sources for reviews at all.
Last edited by EtsyScamp; 12-18-2023 at 01:37 PM.
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12-18-2023
| Junior Member | | Join Date: Dec 2023
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Activity: 28% Longevity: 2% | | Re: How the hell did ETSY get so big ? Quote:
Originally Posted by EtsyScamp Okay. But paying for reviews is dumb anyway. I actually tried to find sites selling Etsy reviews before I made my post and only found a handful of fiverr services that are shut down, over 10+ broken abandoned sites and 1 working site with reviews going for £20+ each.
I couldn't find any proper good looking sources for reviews at all. | A lot of people offer this service on blackhatworld forum, but be cautious. make sure to find an experienced seller
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12-18-2023
| | Senior Member | | Join Date: Jul 2018
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Activity: 92% Longevity: 33% | | Re: How the hell did ETSY get so big ?
Etsy sales have slowed to a crawl,it layoff 11% of its workforce.
11% is a large number,what does that tell you?
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12-20-2023
| | Executive [VIP] | | Join Date: Dec 2009
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Activity: 100% Longevity: 83% | | Re: How the hell did ETSY get so big ? Quote:
Originally Posted by agent006140 Etsy sales have slowed to a crawl,it layoff 11% of its workforce.
11% is a large number,what does that tell you? | Layoffs occur to improve profit on bottomline
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12-20-2023
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Activity: 92% Longevity: 33% | | Re: How the hell did ETSY get so big ? Quote:
Originally Posted by rsot Layoffs occur to improve profit on bottomline | OF COURSE,This is the first thing they do,
but dont be shocked how bad the results for 4th qtr comes out
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12-21-2023
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Activity: 100% Longevity: 83% | | Re: How the hell did ETSY get so big ? Quote:
Originally Posted by agent006140 OF COURSE,This is the first thing they do,
but dont be shocked how bad the results for 4th qtr comes out | Nothing is shocking these days - keep expectations very low
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