"It doesn’t help that Etsy changed its transaction fee from 3.5 percent to 5 percent last June — fair enough, it had been flat for 13 years, but still, the timing."
Wait. That's not how this works. This is not a price, it's a proportion.
Anyway, it sounds like Etsy has decided to become a more general online retailer, which does open it to a much larger market. It also removes any barriers protecting Etsy from being marginalized by larger retailers. I hope the management really is smarter than everyone else in the field.
Wait. That's not how this works. This is not a price, it's a proportion.
Anyway, it sounds like Etsy has decided to become a more general online retailer, which does open it to a much larger market. It also removes any barriers protecting Etsy from being marginalized by larger retailers. I hope the management really is smarter than everyone else in the field.