Thursday, April 16, 2015

The public life of Etsy



This morning Etsy rung in a new era, it is now listed on the stock exchange.


video

I'm not sure how I feel about this, since I know nothing about the stock market.  And I have no idea how this will effect me as a seller.  Increase in fees?  Less handmade?  Small stores (like mine) getting pushed out?  I have been doing a lot of reading and I am going to take my usual wait-and-see approach.  I am a small time seller, Etsy would not miss me if I left.  But I think I would really miss Etsy.

I sell my patterns on several sites, but Etsy is where I sell my finished hats.  I started selling on Etsy in 2006, it was a perfect alternative to eBay.  I have seen a lot of changes, most of them good, anyone remember v2?  So while many see this as the end of days, I am going to wait and see.  Only time will tell.

Some reading for thought:
http://www.makersnation.org/etsy-going-public/

http://www.npr.org/2015/04/15/399937721/online-crafts-marketplace-etsy-prepares-for-public-offering

http://www.dailyfinance.com/2015/03/17/etsy-ipo-what-you-should-know/

Thoughts?

1 comment:

  1. I guess it simply means is that there will be more competition. Though it might also mean more publicity for your shop and your wares, since Etsy is going to be a bigger brand now and possibly attract the attention of the public more. The best thing to do is to simply get your stuff out there and make the most out of the transition of this site. Good luck!

    Jared Holmes @ All Web LLC

    ReplyDelete

The public life of Etsy

1 comments


This morning Etsy rung in a new era, it is now listed on the stock exchange.


video

I'm not sure how I feel about this, since I know nothing about the stock market.  And I have no idea how this will effect me as a seller.  Increase in fees?  Less handmade?  Small stores (like mine) getting pushed out?  I have been doing a lot of reading and I am going to take my usual wait-and-see approach.  I am a small time seller, Etsy would not miss me if I left.  But I think I would really miss Etsy.

I sell my patterns on several sites, but Etsy is where I sell my finished hats.  I started selling on Etsy in 2006, it was a perfect alternative to eBay.  I have seen a lot of changes, most of them good, anyone remember v2?  So while many see this as the end of days, I am going to wait and see.  Only time will tell.

Some reading for thought:
http://www.makersnation.org/etsy-going-public/

http://www.npr.org/2015/04/15/399937721/online-crafts-marketplace-etsy-prepares-for-public-offering

http://www.dailyfinance.com/2015/03/17/etsy-ipo-what-you-should-know/

Thoughts?

1 comments:

Jared Holmes said...

I guess it simply means is that there will be more competition. Though it might also mean more publicity for your shop and your wares, since Etsy is going to be a bigger brand now and possibly attract the attention of the public more. The best thing to do is to simply get your stuff out there and make the most out of the transition of this site. Good luck!

Jared Holmes @ All Web LLC

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