Etsy Business Overview Quiz

Etsy Business Overview Quiz

11th Grade

10 Qs

quiz-placeholder

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Etsy Business Overview Quiz

Etsy Business Overview Quiz

Assessment

Interactive Video

Business

11th Grade

Hard

Created by

Patrick Rady

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was Etsy's highest ever annual revenue reported in 2023?

$1.8 billion

$2.7 billion

$4.2 billion

$3.5 billion

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is partly blamed by longtime sellers for Etsy's recent challenges?

Chiarra Lohr

Nicole Aline Legault

Josh Silverman

Rob Kalin

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When did Etsy first come on the market?

2005

2007

2009

2003

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What significant change did the CEO make in 2013?

Increased transaction fees

Laid off 22% of workforce

Allowed outside manufacturers

Introduced a subscription model

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the pandemic affect Etsy's business?

Decreased sales

Reduced stock price

Increased active buyers by 77%

No significant impact

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was one of the main frustrations of Etsy sellers during the pandemic recovery?

Low transaction fees

Star seller program requirements

Lack of customer support

High advertising costs

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What term do sellers use to describe the decline in quality on Etsy?

Mass production

Counterfeit crisis

Quality erosion

Junk-ification

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