this post was submitted on 16 Jul 2023
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'I can't afford food': Etsy sellers' income wiped out as it holds thousands in sales reserves (news.sky.com)
submitted 1 year ago by Hogger85b@kbin.social to c/tech@kbin.social
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Some sellers say they were going from strength to strength, but now they have been left unable to pay their bills, with their only source of income coming from Etsy sales.

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[–] monkic@kbin.social 8 points 1 year ago (4 children)

@Hogger85b the article mentions why:

This means the money needed to pay for the product and ship it out is not received until after it is made and shipped.

A lot of sellers don't want to force their customers to pay for tracked shipping because international tracking can rack up a huge cost.

[–] Hogger85b@kbin.social 3 points 1 year ago (1 children)

These are often bespoke items, somtimes the materials must be brought and then customised. If I went into woodworkers shop and asked a bespoke item they may ask.for.more than a 25% deposit

[–] j4yc33@kbin.social 5 points 1 year ago

If you want something welded or smashed on with a hammer and you don't bring me the materials, I want cost of materials + 50% up front for custom work. Shit's expensive.

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