Etsy restricts any opportunity for customizing your shop. POSSIBILTIES! Ive been wanting to add a blog for sometime now, AND videos. And I’m still trying to maneuver my way through an appealing site. I’ll be honest, if you aren’t tech savvy, or haven’t built a site before, it’s TOUGH. So Etsy, what are you really doing for me, but taking my hard-earned money? Because, well, let’s be honest, most of my traffic comes from my OWN marketing on social markets like Instagram and Facebook. Suddenly, Shopify is becoming WAY more appealing. Nor did I find my shop on the first or second, or third page.
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Even after adding the “ free shipping” perk, and a few new items, I STILL wasn’t selling. Personally speaking, after only a few short months of using Etsy, I feel like my shop hit a lull. In no benefit to you, unless you raise your prices which in turn may turn the customer away from buying from your shop at all. Now, throwing numbers aside, let’s talk marketing!Įtsy throws their “ we market for you” preach right in your face, but do they? What are the odds you will ACTUALLY be on the FIRST page of an over one billion user e-commerce site? This past month, they launched a “free shipping on orders $35+” option where they ensure, you’ll move “up” on the search scale. But lets say we subtract that $29 monthly fee from that - you’re STILL getting an extra $19.72 in your wallet AND your monthly fee is covered for the WHOLE month after only selling 30 items! 996 (fee per sale) x 30 = $29.88 Umm.hi, thats a $48.72 extra deposit in your wallet. Now, although Shopify charges that monthly fee of $29, lets consider you sell 30 items at $24 on Etsy.Įtsy: $2.62 (fees per sale) x 30 = $78.60 in fees (WOAH.thats almost THREE months worth of subscription with Shopify) Shopify doesn’t charge ANYTHING to list your items, thus no recurring charges either! Shopify doesn’t charge a transaction fee. Shopify handles shipping directly with the buyer. Simply put, your item cost $24, the payment processing fee is 2.9% +. In addition, the ONLY other fee is the payment processing fee. When I first tried to ponder the two, I thought, “Shopify has a subscription fee, why would I do that?” The lowest subscription fee is $29, which honestly covers all the bases you need for a growing small business.
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$5 for the shirt + plus the time it takes me to make it, down goes my profit scale. Personally speaking, if I’m selling a T-shirt and it cost me approx. Now in the beginning, this didn’t seem like much, right? But let's also factor in your costs and time. Your item costs $24 USD and it costs $5 to ship it. 25 of what your item is listed for.Įxample: If your item costs $24, $24 x 3% =. For every item sold through Etsy, they charge 3% +. Yup.just when you thought they took enough, there’s more. Yup, you read that right! In July of 2018, Etsy announced they are now charging YOU (the seller) a 5% fee on what your customer pays for shipping.įor example, if a customer pays $5 for shipping, you pay. No matter what the cost of your item is, you will get charged 5% of that.Įxample: If your item cost $24, $24 x 5% = $1.20 Which can add up pretty quickly if you presume that item to sell exponentially. 20 cents every time you sell the item (to re-list it). 20 cents to list your item, but if you are set up for automatic re-list, you will get charged. In short, this means not only does it cost. While Etsy has no monthly subscription fee…they do a great job making up for it elsewhere. The most important question, WHAT COSTS MORE? The daunting question as a new business, right? What e-commerce website is going to be the best for YOUR niche? Well, I don't exactly have the "right" answer for that, but I can certainly share why I chose to make the switch.