Etsy Sellers On Strike As Company Increases Transaction Fee

Etsy Sellers On Strike As Company Increases Transaction Fee

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Business

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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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