Etsy: Profitable Artisan Site Looks to the Future
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06-13-2007, 09:14 AM,
Post: #1
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Etsy: Profitable Artisan Site Looks to the Future
BW has a 2-page article on Etsy:
Quote:In its two years of operation, nearly $10 million worth of handmade goods has been sold on Etsy, with the average sale around $15 or $20 (see BusinessWeek.com, 2/26/07, "Bringing Your Art to the Online Market"). Jewelry is the top category in both listings and sales. Kalin says 95% of Etsy sellers are women (average age, 33), mostly stay-at-home moms and college students looking to supplement their income rather than make a full-time living. About 500,000 items currently are listed on Etsy. full article: http://www.businessweek.com/smallbiz/con...488723.htm |
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07-17-2007, 10:21 AM,
Post: #2
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Etsy: Payment System Planned, Acquisition Speculation
Somewhat related:
Quote: Kalin chooses site improvements carefully, not wanting to alter Etsy's homegrown feel. A new payment system will allow buyers to purchase from multiple sellers in one transaction. Since Etsy sellers already hail from 84 different countries, adding currency conversion and foreign-language support is in the works for 2008. German publisher Hubert Burda Media has signed on as a partner and investor, and Kalin's team is scouting for offices in Berlin and London. full article: http://www.businessweek.com/magazine/con...op+stories Meanwhile, Randy Smythe speculates that Etsy may some day be acquired by eBay: Quote:They're coming! Those wonderful little niche sites that are taking little bits and pieces away from eBay. StubHub was the first to see eBay gold, who's next? full article: http://rksmythe.blogspot.com/2007/07/att...icals.html |
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