Etsy Sellers On Strike As Company Increases Transaction Fee

Etsy Sellers On Strike As Company Increases Transaction Fee

Assessment

Interactive Video

Business

University

Hard

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Etsy vendors are striking due to a 30% transaction fee increase, with 14,000 makers shutting down their shops. Over 80,000 people have signed a petition against the fee hikes and reselling of mass-produced goods. Sellers face issues with AI bots and mandatory off-site ads, which take a significant revenue cut. Inflation has further strained small businesses. Despite challenges, Etsy remains a major platform with 90 million buyers and significant revenue, but sellers are exploring other options while hoping Etsy returns to its original mission.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some of the complaints sellers have regarding the platform's AI?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways have recent organizing efforts at other companies inspired Etsy sellers?

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