Etsy Sellers On Strike As Company Increases Transaction Fee

Etsy vendors are striking due to a 30% transaction fee increase, with 14,000 makers shutting down their shops. Over 80,000 people have signed a petition against the fee hikes and reselling of mass-produced goods. Sellers face issues with AI bots and mandatory off-site ads, which take a significant revenue cut. Inflation has further strained small businesses. Despite challenges, Etsy remains a major platform with 90 million buyers and significant revenue, but sellers are exploring other options while hoping Etsy returns to its original mission.

What prompted many Etsy vendors to go on strike?

• Changes in shipping policies

• A decrease in customer support

• A 30% increase in transaction fees

• Introduction of new product categories

What is one of the main complaints vendors have about Etsy's platform?

• Limited payment methods

• Increased competition from new sellers

• Mandatory participation in off-site ads

• Lack of international shipping options

How does Etsy justify the increase in transaction fees?

• To expand their product categories

• To improve marketing and customer support

• To offer free shipping

• To reduce environmental impact

What external factors are affecting small business owners on Etsy?

• Increased taxes

• Decreasing online sales

• Lack of new customers

• Inflation and rising costs

What recent movements have inspired Etsy sellers to organize?

• Technological advancements

• Changes in Etsy's leadership

• New government regulations

• Efforts at Starbucks and Amazon