Comments on: Etsy Funds an End-of-April Sale in UK https://www.ecommercebytes.com/2024/04/27/etsy-funds-an-end-of-april-sale-in-uk/ Ecommerce Industry News Sun, 28 Apr 2024 01:26:48 +0000 hourly 1 https://wordpress.org/?v=6.5.3 By: Stoned11 https://www.ecommercebytes.com/2024/04/27/etsy-funds-an-end-of-april-sale-in-uk/#comment-10582 Sun, 28 Apr 2024 01:26:48 +0000 https://www.ecommercebytes.com/?p=230733#comment-10582 “Etsy told Wall Street in November that it was implementing the new marketing strategy because it was experiencing an increasingly competitive retail environment with a very heavy emphasis on deep discounting.”

I hope Etsy provides “deep discounting” that does not involve the Seller – because Sellers are also facing inflation.

As a jeweler on Etsy I need to increase my prices due to inflation…
1) Since January, the spot price of Silver has increased by 25%.
2) The price of stones/minerals have increased by 3x within this past year, alone.
3) Etsy “jacked-up” Seller fees in 2021.
4) Postal rates continue to increase.

I suggest that Etsy should “deep discount” their fees in order for Sellers to survive.

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