Commissions as high as 32%, Etsy sellers: "I quit!"

Commissions as high as 32%, Etsy sellers: "I quit!"

It is reported that Etsy sellers paid 32% commission to Etsy UK in a recent transaction , and paid 40 pounds commission for an order of 125 pounds. This is an unbearable expense for sellers.

 

According to sellers, this is in addition to Etsy's regular fees (including shipping) and payment processing fees, plus an additional 15% Etsy offline advertising fee.

 

Unbelievably, there is nothing special about paying Etsy a huge fee on a transaction due to the “off-site advertising” program . What makes it hard for sellers is that they never know when they will be charged an extra 15% “off-site advertising” fee.

 

Etsy has not responded to this, but according to some previous news, sellers speculated that if the platform did not have offline advertising, sellers would not have any sales . But even though the redirected ads have raised questions , there are sellers who say that every transaction will lose money, and the number is continuing to increase.

 

What sellers expect is that paying extra fees should bring corresponding benefits - acquiring new customers , increasing sales, etc. But Etsy's Offsite Ads program still has flaws.

 

Sellers say Etsy even charges returning consumers for offline advertising. Etsy may charge the same seller 12-15% for advertising indefinitely .

 

Sellers said they hope Etsy can disclose the details of each commission, why the money was deducted, where the money was spent, and how much profit it can bring. Instead of deducting the seller's commission without any notice, but without any profit.

 

As this matter continues to ferment, many sellers on the forum are discussing:

 

Etsy UK is in the midst of a recent complaints program where many sellers feel they were duped into buying what they thought was handmade, quality furniture, when in reality it was just mass-produced furniture from a shop. They paid around three times the price for the privilege.

 

Due to social distancing , people are used to buying handmade products online . What makes consumers hesitant is that it is unclear whether these products are mass-produced products . There is a discrepancy between the fees charged for handmade and mass-produced products. But the platforms are happy to charge fees, and sellers mark mass-produced items as handmade in order to save costs. The result is a disordered market and sellers are punished. The conclusion of the program is basically that the platforms do not care about sellers and overcharge .

 

I sold on Amazon , Ebay , Mercari, and a few other marketplaces. I tried Etsy for 6 months, but I didn’t like their clunky way of working with listings and fees. It didn’t fit my business model.

 

The reason I stopped selling on Etsy was because of the fees. They can charge an extra 15% anytime, anywhere . And there is no way for sellers to stop this inhumane fee-taking scheme.

 

Etsy has not yet responded to this question . During the 2020 epidemic, the platform gained a good reputation and considerable profits, but if sellers are lost due to commission issues, it will be difficult for the platform to continue.


Etsy

commission

Seller

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