|Forum topic by pashley||posted 12-15-2010 02:52 PM||3196 views||1 time favorited||32 replies|
12-15-2010 02:52 PM
I’d like to post my thoughts about Etsy, and contrast it to eBay, and would like to know your experiences as well.
If you’re not aware of Etsy.com, you should be. Basically, it’s an online craft show, but with much better stuff. Even the photography is usually good to excellent. It’s community driven, and you can interact with the artists. You just get that real connection with people; you’re not typing in a credit card to Walmart.com. It’s not cold and lifeless.
It’s also cheap. Listing one item is only 20 cents. They don’t take a final cut of your sales price. They have almost 7 million registered buyers.
But etsy isn’t for every artisan, in my experience. You’re primary customer is the same as you’d find at a craft show – women who want to spend about $20. That’s not to say you can’t sell higher end items – I’ve sold a few of my $495 clocks there – but the primary customer model is what you’d find at a craft show.
I find myself growing increasingly hostile to eBay, and here’s why – they are too damn expensive.
In my experience, for multi-hundred dollar items, like my clocks, they end up taking, when it’s all said and done, about 20%. They have an insertion fee, and the killer final value fee. Along the way, you’ve picture fees, and premium placement fees. Using Paypal? eBay owns that too, and get a cut of that payment.
But eBay is huge, and has worldwide recognition; you can sell the most esoteric things, from a manual to an old toy from the 60’s, to an image of the Virgin Mary on toast.
My feeling with eBay is it’s not really suited to the artisans like us; it’s more for people looking for a deal. I’m not here to give you a deal, I’m here to sell you a piece you’re heirs will fight over. Go to Wal-mart for a deal.
So my verdict for people like us? Etsy. And Etsy is growing, and it will be a big player next year, in my opinion.
-- Have a blessed day! http://newmissionworkshop.com