After Etsy announced an increase in commission fees, some sellers called for suspension of operations!

After Etsy announced an increase in commission fees, some sellers called for suspension of operations!

It is learned that according to foreign media reports, since Etsy announced an increase in platform sales commission fees on February 24, it has caused dissatisfaction among many sellers.

 

It was reported that Etsy previously announced that sellers' sales commission will increase to 6.5% from April 11, 2022.

 

It is understood that the commission fee increased by 30% compared with 5% in 2018.

 

Etsy CEO Josh Silverman said that Etsy will invest more in advertising and marketing in 2022. The price increase will promote the implementation of the plan and help Etsy expand its team and strengthen platform construction.

 

Josh Silverman added that Etsy will optimize platform services and tools to help sellers easily grow their businesses. For example, Etsy will launch a new application to help sellers easily manage orders and connect with buyers.

 

However, the explanation given by Etsy 's CEO did not make the sellers happy. Instead, the sellers were angry about it. Many sellers launched protests on social media such as Instagram and Reddit.

It is reported that Twitter user @Lightbringer Designs posted a post calling on sellers to stop operations and inform customers that it was because Etsy increased commission fees. Some users also suggested that Etsy sellers could consider selling on platforms such as Ecwid, Ko-Fi, and Shopify.


Editor ✎ Nicole/

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