E-commerce website Etsy has just launched a new service aimed at retailers.
Grand sale, grand sale
Etsy Wholesale is designed to help independent retailers purchase merchandise from Etsy Wholesale Sellers, to then sell in their store.
“We launched the Etsy Wholesale platform to create new opportunities for our sellers to grow their businesses, and offer retailers around the world a more convenient way to source products from small designers,” Etsy's Rand Niederhoffer wrote in a blog post.
Etsy empire
Etsy Wholesale costs US$100 to join, and Etsy takes a 3.5 per cent transaction fee for all wholesale purchases.
It's just another step in Etsy's push to connect its makers with new customers, and skim a bit off the top. In theory it sounds like a win all round.
To find out more visit blog.etsy.com.
If you enjoyed this article then subscribe FREE to the twice weekly SMK Digital Bulletin, click here now or visit www.smk.net.au/subscribe.
Also, click here download a FREE SMK Insghts Program. This FREE programs features 131 must-know social stats covering Facebook, Twitter, LinkedIn, YouTube and Instagram. Keep on top of the latest social facts and figures relating to usage rates, demographics, spending trends, content performance and best practice benchmarks. A MUST for every marketer!
RECOMMENDED FOR YOU
Instagram Introduces Trial Reels for Creative Testing
Instagram has introduced Trial Reels, a feature designed to…
Instagram has introduced Trial Reels, a feature designed to…
LinkedIn Culls Community Top Voices (Gold Badge)
In a move that could reshape how professionals engage…
In a move that could reshape how professionals engage…
TikTok Expands Search Ad Campaigns
TikTok has made a significant move into the world…
TikTok has made a significant move into the world…