The organizers are demanding that Etsy Inc. Chief Executive Josh Silverman cancel the fee increase to 6.5% from 5%.
Some vendors on Etsy say they are halting sales of their items on the site for a week to protest a hike in the fees the crafts e-commerce marketplace charges them.
The petition makes several demands, including that Etsy Chief Executive Josh Silverman roll back the fee increase.Cassidy and others are also taking issue with Etsy’s advertising policy implemented early in 2020. It requires sellers who make at least $10,000 a year on Etsy and who have have their products advertised on Etsy’s offsite social media and search-engine partners to pay a 12% advertising fee on sales made through the ads.
But it’s now under pressure to ramp up its offerings to compete better with Amazon. As part of its growth strategy, it made two acquisitions last year.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Etsy sellers launch a week-long strike over increased feesThousands of Etsy sellers closed their online shops for a week starting Monday in an attempt to get the company to address several complaints they have about the site.
Read more »
Etsy Sellers Protest Fees by Halting Their Sales for a WeekSome vendors on Etsy say they are halting sales of their items on the site for a week to protest a hike in the fees the crafts e-commerce marketplace charges them. Starting Monday, Etsy sellers must pay a 6.5% commission on each transaction, up from the 5% in place since 2018. A protest organizer, Kristi Cassidy, said thousands of Etsy…
Read more »
Some Etsy sellers to strike as online marketplace hikes transaction feesA coalition of thousands of Etsy sellers signaled support for a one-week strike starting on Monday — the same day the online marketplace known for its unique handicrafts will start hiking the fees it charges those who use its platform to earn a living.
Read more »
Etsy sellers go on strike over fee hikes | EngadgetEtsy sellers have started a strike in response to fee increases and other programs..
Read more »
4 Etsy alternatives sellers on strike can use to sell their goodsThousands of entrepreneurs are striking against Etsy's transaction-fee increase. Here are 4 Etsy alternatives that sellers can use.
Read more »
Etsy Sellers Protest Fees by Halting Their Sales for a WeekSome vendors on Etsy say they are halting sales of their items on the site for a week to protest a hike in the fees the crafts e-commerce marketplace charges them. Starting Monday, Etsy sellers must pay a 6.5% commission on each transaction, up from the 5% in place since 2018. A protest organizer, Kristi Cassidy, said thousands of Etsy…
Read more »