Ina Steiner EcommerceBytes Blog
News and insight focusing on ecommerce.
by Ina Steiner, Editor of EcommerceBytes.com
Tue Feb 2 2016 14:51:22

Is Etsy the Anti-Amazon?

By: Ina Steiner

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Etsy announced it has been recertified as a B Corp, the first U.S. company to complete the assessment process following an IPO (going public). B Corps are defined as "for-profit companies certified by the nonprofit B Lab to meet rigorous standards of social and environmental performance, accountability, and transparency."

A spokesperson for Etsy told EcommerceBytes, "Measuring how we're upholding our values continues to be an important part of how we fulfill our mission."

She also said, "B Lab's additional requirements of evaluation and transparency for public companies mean that, in addition to our annual Progress Report and SEC filings, we are continuing to share more details about our business than ever before. You can find all the details on our profile page."

In a blog post about the recertification, Etsy CEO Chad Dickerson wrote, "Etsy's seller-aligned business model means that we are built on serving our community - we succeed only when Etsy sellers succeed."

Online sellers have strong feelings about the marketplaces on which they sell - and with Amazon having launched a marketplace for handmade goods, perception matters. Is Etsy more transparent, seller-aligned, and socially responsible than Amazon in your opinion?

And does it matter to you? Do a company's values and how it treats sellers and employees matter to you as a seller, or is it all about which venue can provide you with enough revenue to carry on your business?




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by: FeelingFroggy This user has validated their user name.

Tue Feb 2 15:39:12 2016

When I purchase ITS THE BOTTOM LINE....What is my final cost...If the seller on Fleecebay, Amazon or whatever is to high I use the back button and go somewhere else.

All these so called companies are joined at the hip and are just evil sisters.

I could care less how a company treats its employees...ITS ALL ABOUT THE BOTTOM LINE THAT I PAY.

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This user has validated their user name. by: White Rabbit

Tue Feb 2 17:44:30 2016

Etsy should never had been given B Lan cert but that is how things work sometimes.. pay the right person...

the funny ironic thing? wallstreet responded by the stock price dropping almost 5% to just about $7 today. Wallstreet is hip to the hipsters at Etsy -> a bunch of lazy do nothing losers.

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This user has validated their user name. by: White Rabbit

Tue Feb 2 17:50:31 2016

Etsy's treatment of its sellers on the forums sums up their REAL values. the persona they pretend to be is a complete lie.

You can not do the things Etsy has done and not pay the price. This is a fact and we are witnessing it as it unfolds.

Perminate Link for Is Etsy the Anti-Amazon?   Is Etsy the Anti-Amazon?

by: Ebay Seller-Ebay Buyer This user has validated their user name.

Tue Feb 2 23:04:39 2016

It matters to me as a buyer or a seller if a company is certified a B Corp?  

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This user has validated their user name. by: Philip Cohen
Web Site

Wed Feb 3 05:53:13 2016

Well, at least we all know that there is absolutely no chance of eBay ever being "certified as a B Corp"; eBay is, demonstrably, probably the most unscrupulous commercial entity operating on this planet ...

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This user has validated their user name. by: Philip Cohen
Web Site

Wed Feb 3 05:56:13 2016

Or, to put it another way, if eBay is ever "certified as a B Corp", you will know that such certification is not worth a dime ...

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by: mcposty This user has validated their user name.

Wed Feb 3 18:06:53 2016

They should spend more energy on their sellers and getting sales then playing tiddly winks with fake reputation building

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by: Watching the Wheels This user has validated their user name.

Thu Feb 4 02:46:30 2016

Oh, please, ...

to compare Etsy's shenanigans to Amazon is a joke. Amazon is RESULTS oriented, as Etsy continues to schmooze, then wonder why no one has any faith in their stock.

All their prissy titles, partnerships, and being politicly connected has produced nothing for a vast majority of sellers, or the gullible who bought in at $30.00 a share.

Philip, Etsy's certification is already proof of that.

IF you truly examine most online sites, they amount to little more than revenue churners for the site itself to facilitate the selling of ad space. Most site manage to generate commissions from any and all users offering next to nothing in return.

New Age certifications are tools put to use to con the millenial functionally illiterate graduates who no longer have the capabilities to perform simple math functions, or to be able to write coherent sentences.

:) Now, when our country reaches its non disputable collapse, wander around the financial pages to look up board members of all these 3 Card Monty companies to figure out who has earned a trip to the guillotine.

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This user has validated their user name. by: The End

Thu Feb 4 04:26:53 2016

"Social Responsibility" is a B.S. term. A Communist term.
It makes a paycheck available to people with No Talent whatsoever.
The sooner ETSY leaves the stock exchange, and gets off the B.S. wagon, the better.
Their stock price is abysmal. They didn't have the brains to know ETSY is not a "Stockable" business in the first place.
A good stock has INANIMATE product.
ETSY's engine is PEOPLE. That disqualifies it from be "Stockable".
We must remove "Stupid" from the driver's seat (of the American economy.)  

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by: Flying Childers This user has validated their user name.

Thu Feb 4 08:05:06 2016

I totally agree with those who have posted their comments. The certification is pure BS designed to put a happy face on the corruption that exists in Etsy. What makes it more disgusting is that they claim they are so socially responsible as they stick the knife in your back. Read the comments in the forums that they haven't pulled to see what's really going on with that bunch of phonies.

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This user has validated their user name. by: White Rabbit

Thu Feb 4 08:16:48 2016

"Philip, Etsy's certification is already proof of that."

yes and i strongly suspect that money passed hands on this one.

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by: zenbreeze This user has validated their user name.

Thu Feb 4 08:30:37 2016

etsy crowing about how ''seller aligned'' it is.  What a joke.  etsy is the worst in terms of protecting seller's copyright (I know this first hand).  They also waffled, I noticed, on paypal's 6 month return policy, saying they'd make a ''determination'' in the case of chargebacks in the 2-6 month range.  We all know what that means. And seller support responds with this cutesy condescending attitude that drives you nuts.  

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by: Garcia This user has validated their user name.

Thu Feb 4 09:04:08 2016

What is the big deal about being a B Corp.  All that nonsense that goes with it is not Etsy.  The only way Etsy can be called responsible would be if they paid to be certified.  They could care less about their sellers and they do.

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This user has validated their user name. by: VV

Thu Feb 4 09:51:25 2016

Do. Not. Care.  Sick and tired of groups/people trying to 'guilt' me into believing in their B.S.

Don't even get me started on the utter nonsense of "Giving Back".  I did not take anything...

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This user has validated their user name. by: NiciArt
Web Site

Fri Feb 5 21:50:26 2016

Honestly, I don't get the B-Corp part. Etsy is venue albeit a great platform for steady and traffic sales, but in the end, they are a business and nothing more and nothing less. This "personhood" given to companies and discussions about a force for good really goes to far. So now we have good lobbies and bad lobbies. Corporations are now deciding morality and what's "good?" The only force for good is when the citizens ban all lobbies and hold their elected officials responsible for representing them. A Corp is an inanimate object and cannot be moral or immoral. I'm not buying into B-Lab certifications



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