Etsy is raising seller fees and introducing new subscription plans while promising to boost its marketing budget to bring more buyers to the site. One positive thing worth noting: listing fees are not increasing. But transaction fees (commissions) are rising Read more
Etsy held its annual shareholder meeting this morning. It webcast the event, but only shareholders as of the record date were allowed to attend the virtual meeting. We checked in with Etsy Investor Relations, and a spokesperson provided us with Read more
Etsy is holding another sales event, this one in June to celebrate the 13th anniversary of its founding. The new CEO Josh Silverman is clearly a fan of sales and it appears to be a crucial strategy to help him Read more
It’s always interesting to compare the sales growth rates of the major marketplaces when they release them each quarter. eBay announced first-quarter earnings on April 25th – it grew Gross Merchandise Volume (the value of goods sold on its Marketplaces) Read more
It’s hard to believe that just one year-and-10-days ago, it was business as usual at Etsy under a CEO who had happily reigned for 6 years. But on May 2, 2017, the company’s Board of Directors abruptly turned things upside Read more
Etsy grew Gross Merchandise Sales (GMS) by nearly 18% in the first 3 months of 2018. Specifically, Etsy GMS grew 19.8% year-over-year, or 17.6% on a currency-neutral basis. Etsy saw a 9.4% year-over-year growth in active sellers and 16.9% year-over-year Read more
Etsy added a new feature to its store-hosting service called Pattern: it now allows sellers to display their Etsy reviews on their Pattern-hosted stores, though sellers reported problems utilizing the new feature. Pattern launched with limited features – Pattern stores Read more
Etsy announced a new feature to help sellers optimize their listings. When sellers add a category to new listings or update existing listings, it will help them select the best category. Announcement follows: Add your listings to the most specific Read more
Etsy updated its Sales and Coupons tool so sellers can now send special targeted offers in the form of a unique coupon code directly to shoppers who’ve added the seller’s items to their carts. However, in addition to discounting the Read more
Etsy continues to test ways to highlight sales taking place on its marketplace. Just as rival eBay encourages its sellers to run sales through Promotions Manager (and formerly Markdown Manager), Etsy now offers individual sellers a way to put their Read more
