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> who is already selling at the rate they can produce goods? This is a pretty good question. If you sell handcrafted hard maple tables that go for $5k, it onl
by tomnipotent 7y ago
> who is already selling at the rate they can produce goods?
This is a pretty good question. If you sell handcrafted hard maple tables that go for $5k, it only takes two orders and you're suddenly coerced into a program.
However, if that program leads to one sale more it only cost $500 - that's a pretty good ROI. The problem will be if Etsy is transparent and can demonstrate the incremental value of this service, and that it's just not cannibalizing existing sales.
- gnicholas 7y ago> if that program leads to one sale more it only cost $500 - that's a pretty good ROI Not if you don’t have time to make another table...
- tomnipotent 7y agoThen reduce available inventory. No one is forcing you to sell things you don't want. This is a fake argument.
- gnicholas 7y agoI think it’s an argument you don’t understand. Also, just because you sell tables for $5k doesn’t mean you would want to “buy” another sale for $500. Just because the margin of sale price over COGS is high doesn’t mean that — after factoring in the cost of labor — it’s a high-margin endeavor. Edit: typo fixed
- tomnipotent 7y ago> I think it’s an argument you don’t understand I've sold hundreds of millions of merchandise over the last decade. Think I understand just fine, thanks. > doesn’t mean you would want to “buy” another sale for $500. Of course you do, this is why it's called business. No one is on Etsy because they don't want to make money, and most people I know have excess labour and are willing to trade that for money. > after factoring in the cost of labor This isn't how cash flow works. You cannot get fixated on the margin of a single order, but on the blended margin across all orders.
- gnicholas 7y agoThe fact that you’ve sold things doesn’t mean you understand my argument. You’re sure good at convincing yourself though — good day!
- deleted 7y ago[deleted]