Etsy marketplace GMS (Gross Merchandise Sales) was $3.6 billion in the fourth quarter, down 1.4% year-over-year and up 142% on a four-year basis. Consolidated GMS (including its subsidiaries) was $4 billion, down 0.7% year-over-year and down 1.6% on a currency Read more
Etsy is funding a $5-off promotion to entice shoppers to make a minimum purchase of $50. The promotion kicked off on SuperBowl Sunday and runs through Wednesday, Valentine’s Day. Shoppers in the US, Canada, and UK can save on orders Read more
Etsy is spurring sellers to participate in its Share & Save program through a new promotion. The program typically rewards sellers for sharing trackable links to their items by giving them back a percentage of their commission fees on resulting Read more
In a marketing gimmick to bolster its campaign to position itself as a place for people to shop for gifts, Etsy named actress and talkshow host Drew Barrymore an honorary “Chief Gifting Officer” on Monday. The celebrity will be tasked Read more
Etsy launched a new Gift Mode feature with great fanfare on Wednesday, touting it as a way to bring more buyers to the site. Now it is offering to share tips with sellers on how they can optimize their shops Read more
Could a new gifting feature spotted by an eagle-eyed reader be the “big news” Etsy teased out last Tuesday? We asked Etsy last week, but it did not respond to our inquiry and subsequently turned off the feature. Sellers began Read more
Etsy said it is required to report information about UK-based sellers’ 2024 sales to the UK tax agency HM Revenue and Customs (HMRC) next January. In its post published on the Seller Announcement board on Friday, Etsy wrote: “Digital platforms Read more
Etsy advised sellers to prepare for tax season, including reminding them to update account information if necessary. In its announcement on Tuesday, Etsy pointed to its informational post from November about IRS Form 1099-K, where it said it was required Read more
Etsy said in a post on Friday that sellers are not allowed to add their customers’ email addresses to mailing lists, explaining that buyers must give their consent before sellers can copy email addresses from Etsy orders and add them Read more
Etsy offered a glimpse into the backend of its sales-tax collection practices, explaining that more jurisdictions are now requiring marketplaces to collect the tax from buyers and remit the tax to the relevant authorities. Etsy uses a third-party service called Read more
