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Etsy News

Etsy Is Still Kicking

For the first time since 2016 Q1, and only for the second time ever, Etsy has reported a profit in the second quarter. The marketplace for handmade, vintage, and supplies is cutting costs and reorganizing its priorities.

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Etsy News

Over a Million Sellers Suspended To Implement Etsy Payments

Etsy has recently implemented Etsy Payments, an improved and rebranded Direct Checkout, requiring all sellers to use it. This has caused a big uproar among sellers, some of which felt like they were being forced to use a lesser option. Starting June 1st any shop without Etsy Payments enabled was suspended.

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Etsy News

Etsy Is Backing Itself into a Corner

The fundamental value Etsy marketplace brought to sellers when it launched in 2005 was discoverability. At the time, being an artisan meant having very limited reach to the sea of customers. Today though Etsy found itself in a tough position - it has clearly already maximized opportunities in the handmade and vintage market. Etsy set expectations for sales growth it is now struggling to meet.

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Etsy News

Of Course Etsy Launched Etsy Studio

On April 25th Etsy officially launched the previously announced Etsy Studio, a marketplace dedicated to craft supplies. Craft supplies is a big category, they already have sellers for it, and thus Etsy Studio will go from a new idea to a multi-million marketplace in a matter of weeks. We think it is a very smart move.

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eBay News

A Growth Plan for eBay: Buy Etsy? No

There has been an article titled "A Growth Plan for eBay: Buy Etsy" circulating, which is quoting an analyst from Monness, Crespi, Hardt & Co. to have said that eBay should consider acquiring Etsy as a strategy for growth. The combined could company would have a larger product offering, and thus improve Ebay's chances in competition with Amazon. We think this is flawed idea.

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Etsy News

Trending Etsy Shops Christmas Report

With only a few days left before Christmas we decided to look at which shops were trending on Etsy. Made With A Twist from Colorado Springs, Colorado makes winter hats, gloves and scarfs. After shooting a quick viral video about her product Messy Bun Hat which reached over 53 million people, she received over 11,000 orders in just 5 days. These are the sort of shops we are excited to uncover and share.

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Etsy News

Etsy Shops from Nearly Every Country in the World, US Makes up 75%

English-speaking countries make up most of the list, with US shops at 75% of total shops, followed by United Kingdom, Canada, and Australia. Since launch in 2005, 11 years ago, Etsy has been most visible there, however as it grew bigger and as international shipping got easier and more affordable many more sellers joined the platform. 10% of Etsy shops are from all over the world.

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Etsy News

Etsy Adds 200,000 New Active Sellers in Q3 2016

Today Etsy released Q3 2016 financial results and there is plenty to be excited about. Etsy reports that active sellers count grew by 11.3% from 1.5 million to 1.7 million. This shows the marketplace at a healthy state and growing. As we noticed when analyzing top Etsy sellers the key marketplace drivers are small and medium sellers. So as the marketplace adds more of those, it only gets better to the customers.

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