Tuesday 16 July 2019

Etsy & my books

Yesterday I posted the following post on my website blog.


I have just removed all my books and blankets from Etsy and listed them all in my website shop  instead. I'm afraid this is the only place you will be able to buy books from me in the future.
The following rant explains the reason why.

Over the past couple of years Etsy has changed, it used to be all about supporting makers and giving them a platform to sell their hand made products, now its all about how much money it can make as a company.

There have been several changes the first one I remember was to change the price of listing items, originally it cost 20 cents per item listed, Etsy made a fuss about how they were going to charge us only 20 cents for a listing that contained as multiple items. It sounded like a benefit to shop owners, but what Etsy didn't emphasize was that when you sold one of the items they would charge you another 20 cents to relist it, so in reality nothing had changed.

Then this year (or maybe it was last) they implemented a payment account, meaning our customers had alternative options to paypal, it sounded like a good idea, but actually meant I don't get paid for several days or I could choose to wait a month and be paid a lump sum. 
Earlier on this year Etsy decided to cut out paypal completely, they didn't give the sellers a choice they just did it, it means my earnings sit in their bank account earning interest until they decide to pay me.
The thing I object to more than anything is being forced to do something I didn't want to do.
Like a lot of Etsy sellers I'm a small seller earning a little bit extra money to help with household costs and having a little bit of extra money sitting in my paypal account gives me the comfort of knowing I have an emergency fund if the car breaks down or we have some other disaster.

A couple of weeks ago Etsy informed us that it would stop promoting sellers who didn't offer free postage and would drop their items to bottom of the categories, whilst promoting sellers who did offer free postage.
I feel this is another strong arm tactic to force sellers into doing something they don't want to do, obviously its all about Etsy earning more money for its shareholders, but I haven't worked out how yet, as they already charge us 5% on our postage costs.
I could either absorb the postage costs and carry on selling my books at the prices they are listed meaning that I would hardly earn any profit.
Or I could put up the prices to incorporate the postage costs, it would mean Rainbow Crocheted Blankets would cost 24 pounds, my UK customers would have to pay the same price as my US customers even though the postage is actually over 5 pounds cheaper.

Etsy used to be about homemade, artisan products, Etsy used to support their sellers, now its all about earning more money for its shareholders without any thought to the people who pay them.

I will continue to sell my pdf patterns on Etsy, until Etsy comes up with a new scheme how squeeze more money out of its digital sellers.

1 comment:

  1. It is interesting to read how Etsy works from the seller's point of view,
    xx

    ReplyDelete