A good and truthful read about Etsy. I stopped selling on Etsy October 2013 when they announced they were allowing re-sellers on their site. The writing was on the wall. I’ve moved over to Zibbet. Yes, I was one of the multitudes who crashed Zibbet’s site at the time. I still have my stores on Zibbet, but haven’t been promoting them much. I’ve been busy with custom orders because of the promotion of my Zibbet stores. This is a good thing!
Etsy…well…I have to admit that I shop there, but only with a select few purveyors of spinning fiber. Because that is the ONLY place where they have stores. If the shops had their stores elsewhere, I would spend my money there.
As a former registered representative and financial consultant, if I still had my licenses, would I advise my clients to invest in Etsy stock? In a word, no! Etsy cannot keep doing what they are doing and still remain solvent. Even with the new option of some select shops going wholesale. They are a bad deal all the way around…for the sellers and the buyers.
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