From today until the 18th of April a handful of Etsy sellers are striking by temporarily shutting shop, seemingly spurred on by fee increases and a number of other platform changes.
Etsy is a marketplace for handmade items, making it a hugely unique and popular place for many small businesses. Today Etsy have increased their fees from 5% to 6.5% which they say is a necessary step in making a number of improvements on the platform but sellers don’t agree, feeling that the marketplace is working against them after the fee increase announcement was joined by a record profits announcement.
We plan to make significant investments in marketing, seller tools, and creating a world-class customer experience so we can continue this tremendous growth. To support this goal, on 11th April we will increase our current 5% transaction fee to 6.5%.– Etsy
In response to the Strike, Etsy defended their increase and told Mashable that it is sellers who have consistently told Etsy they want improvements to be made around marketing, customer support, and removing listings that don’t meet policies, and the fee increase will help them expand investments into those key areas.
If you are taking part (or not taking part) in the strike we’d love to hear your thoughts!