Etsy marketplace sales (GMS) dropped 5.3% in the first quarter, year-over-year. US domestic GMS represented 52% of total Gross Merchandise Sales. When factoring in its other selling platforms, “consolidated GMS” dropped 3.7% year-over-year in the first 3 months of the Read more
Etsy began funding promotions in the fall of 2023, and it just kicked off a £5-off sale in the UK through Tuesday. Etsy told Wall Street in November that it was implementing the new marketing strategy because it was experiencing Read more
Temu is the dollar store of online platforms, and it has marketplaces like eBay, Amazon, and Etsy on the run. That means sellers should also be paying attention to the platform, because it could have a direct impact on their Read more
Etsy sellers received disbursements on Monday for sales they had made but the deposits were quickly reversed, unaccountably. The timing was bad, as April 15 was also the deadline for sellers to file taxes. Compounding the problem was that some Read more
Etsy’s CEO said the company is running experiments to see if customers will engage with chat bots to help them find the perfect gift. Etsy CEO Josh Silverman was speaking at a Canaccord Genuity Virtual Ecommerce forum on Thursday when Read more
Etsy came up with a way to attract last-minute shoppers who otherwise might be hesitant to buy online gifts over fear they might not arrive in time. Gift teasers is a new feature that lets shoppers send a digital preview Read more
An Etsy seller earned Star Seller status for March, according to his dashboard – but then he received emails informing him he had not earned Star Seller status, making him wonder if the emails were scams of some sort. On Read more
Etsy and Amazon will be hosting spring sales to promote seasonal items. However, it’s up to sellers to fund discounts to buyers in the hopes that the marketplaces will feature their items during the sales events. Etsy informed sellers through Read more
Sellers fear Etsy is planning to introduce monthly subscription fees after they learned of a new survey the marketplace conducted last week. Some wondered if it would be similar to eBay monthly Store subscription fees. The survey suggests Etsy is Read more
Etsy is planning to launch a loyalty program to get people to think of Etsy more often when shopping. Etsy CEO Josh Silverman spilled the news during Wednesday’s earnings call with Wall Street analysts. “We’ve got a portfolio of compelling Read more
