Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). She is a member of the Online News Association (Sep 2005 - present) and Investigative Reporters and Editors (Mar 2006 - present). Follow her on Twitter at @ecommercebytes and send news tips to ina@ecommercebytes.com. See disclosure at EcommerceBytes.com/disclosure/.
4 thoughts on “Etsy Reports 2nd Quarter 2021 Financial Results”
Jee Whiz Beave !
23%…….
Coincidentally, that’s the SAME amount they took from me on Every Sale with that new off site advertising scheme.
Guess they’ve hit the Wall.
EXACTLY! Also this new Star Seller programm is poorly designed and for sellers unmotivating. Why should I as a seller meet certain minimum criteria at all? It is MY business and MY responsibility to make the customer happy. Etsy changes to an autograt, wants to control everything and puts itself above the customer, it is unbearable. For me, only the reviews from my customers are meaningful, everything else is interference on the part of Etsy.
On what basis does Etsy want to rate anything? I.e. I often write private emails with my customers that are certainly not answered within 24 hours, so I will get a bad rating ..?
Etsy’s stock price took a hit when Pinterest announced their dismal earnings report, this past week, as analysts believe consumers are not currently into the “craft scene”, as Etsy is considered a part of that “craft” group…. Etsy stock price took a hit when Pinterest reported.
Etsy delivered great earnings for Q2, HOWEVER, warns that this current quarter is slow… Etsy’s stock price took another hit, today. BEWARE TO SELLERS….there is a sign that the more transmissible Covid variant, (Delta), is squashing consumer spending and consumer confidence. The “stay at home”, e-commerce play as seen this past year by the consumer, has come to an end. Etsy will do whatever they need to do, to increase traffic to their site.
Then Etsy better start playing nice.
My stuff won’t be there to attract people anymore.
I was one of the Largest attractions to Etsy.
Jee Whiz Beave !
23%…….
Coincidentally, that’s the SAME amount they took from me on Every Sale with that new off site advertising scheme.
Guess they’ve hit the Wall.
EXACTLY! Also this new Star Seller programm is poorly designed and for sellers unmotivating. Why should I as a seller meet certain minimum criteria at all? It is MY business and MY responsibility to make the customer happy. Etsy changes to an autograt, wants to control everything and puts itself above the customer, it is unbearable. For me, only the reviews from my customers are meaningful, everything else is interference on the part of Etsy.
On what basis does Etsy want to rate anything? I.e. I often write private emails with my customers that are certainly not answered within 24 hours, so I will get a bad rating ..?
Etsy’s stock price took a hit when Pinterest announced their dismal earnings report, this past week, as analysts believe consumers are not currently into the “craft scene”, as Etsy is considered a part of that “craft” group…. Etsy stock price took a hit when Pinterest reported.
Etsy delivered great earnings for Q2, HOWEVER, warns that this current quarter is slow… Etsy’s stock price took another hit, today. BEWARE TO SELLERS….there is a sign that the more transmissible Covid variant, (Delta), is squashing consumer spending and consumer confidence. The “stay at home”, e-commerce play as seen this past year by the consumer, has come to an end. Etsy will do whatever they need to do, to increase traffic to their site.
Then Etsy better start playing nice.
My stuff won’t be there to attract people anymore.
I was one of the Largest attractions to Etsy.