Etsy has been a popular platform for sellers of handmade, vintage, and unique items. However, recent reviews and market trends suggest that many sellers are looking for alternatives due to various concerns. Let’s examine Etsy’s current status and explore some promising alternatives for vendors.
Etsy: Current Challenges for Sellers
High Fees: Etsy charges a $0.20 listing fee per item and takes a 6.5% transaction fee on sales[1]. These fees can significantly impact profit margins, especially for small-scale sellers. Now add the card fee of 2.9%.
Increased Competition: With Etsy’s growth, the marketplace has become saturated, making it harder for individual sellers to stand out.
Policy Changes: Frequent policy updates and algorithm changes can affect seller visibility and sales unpredictably.
Scammers: Sadly, a lot of buyers claiming refunds fraudulently and other sellers reporting your shop.
Shop Cancellation: A lot of people reporting that Etsy just blocks their shop or just closes it despite long history of sales.
Customer Service Issues: Some sellers report difficulties in resolving disputes or getting support from Etsy.
TrustPilot Reviews: Currently at 1.5*. Temu is at 2.5*, AliExpress at 2.7* and Amazon at 1.6*.