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The fee increase does not "literally" only harm the sellers. Fee increases are necessarily passed on to buyers (as are all expenses; buyers are the only source
by dangrossman 5y ago
The fee increase does not "literally" only harm the sellers. Fee increases are necessarily passed on to buyers (as are all expenses; buyers are the only source of funds moving in the marketplace), so if you feel that a fee increase is a harm, it's also harming the buyers. However, the fee increase does not only harm anyone. The increased funds going to Etsy will be spent, and some of that money will be spent on growing the number of buyers on their platform, which puts money back into sellers' pockets. Potentially growing their business by even greater than the 1.5% the fee is going up. After the increase, Etsy still has the lowest fees of any major marketplace -- cheaper then eBay, cheaper than Amazon Handmade, etc.