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.
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