What is Etsy Wholesale? Etsy Wholesale Review

What is Etsy Wholesale? Etsy Wholesale Review

Etsy Wholesale was launched by Etsy in August 2014 as a marketplace to connect sellers with retailers. In this B2B marketplace, buyers can purchase clothes and accessories provided by small businesses. However, Etsy Wholesale has been closed since July 31, 2018.



About Etsy Wholesale


Etsy Wholesale offers wholesale prices at least 50% lower than the suggested retail price. Suppliers can sign up for free, but Etsy charges a 3.5% fee on each transaction.


In its heyday, the Etsy Wholesale program included special events, such as a pop-up shop at Macy's Herald Square and a chance for sellers to sell at Whole Foods. The platform also held an annual Open Call event, among other things.


In May 2018, Etsy announced that it would shut down Etsy Wholesale from July 31, 2018. Etsy said: "While the initial promise of Etsy Wholesale was exciting and some sellers have achieved great success on the platform, what we have learned over the past few years is that buyers' demand for wholesale is not as strong as we hoped. Of the nearly 2 million Etsy sellers, only 5,000 sellers actively sell on Etsy Wholesale, and only a small portion of them have annual revenue of more than $10,000 on Etsy Wholesale. Given these data, Etsy's resource investment is too large to sustain a separate wholesale market. This closure is one of a series of measures Etsy has taken over the past year to simplify its business, and will focus on its core market in the future."

<<:  What is BlueCity? BlueCity Review

>>:  What is Booktopia? Booktopia Review

Recommend

What is Joybuy (JD Overseas)? Joybuy (JD Overseas) Review

Joybuy.com is operated by Chinese e-commerce giant...

What is Amazon Business? Amazon Business Review

Amazon Business is a one-stop commercial purchasin...

What is Vogo? Vogo Review

Vogo was founded in 2016 and is an Indian motorcyc...

Google launches a series of new features to help online sellers expand their business!

<span data-shimo-docs="[[20,"获悉,近日谷歌推出了一些新...

What is Thesaurus? Thesaurus Review

Thesaurus is a free tool that searches for keyword...

Q4 US shopping app downloads return to 100 million! Black Friday hits record high

It is learned that the latest report from SensorTo...

What is Zilingo? Zilingo Review

Zilingo is a fashion + lifestyle e-commerce platfo...

Nineteen ways to get Amazon reviews when your account is blocked

Amazon reviews have always been a headache for se...

Behind the Amazon Prime Day hits, here are 3 tricks of the operators!

This is my 735th day in e-commerce operations: Loo...

What is Nouyo Supply Chain? Nouyo Supply Chain Review

NuORDER was founded in 2011 and is headquartered i...

What is Matomo? Matomo Review

Matomo (formerly Piwik) is a popular open source a...

What are Bombas? Bombas Review

Bombas is a website that sells socks . About Bomba...