Etsy Strike Due to Outrage Over Fee Increase
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Some Etsy shops are organizing a strike in regards to Etsy's latest fee hike. At first glance I didn't know what the big deal was, as the fees increased from 5 percent sales fee to 6.5 percent effective April 11--however upon further inspection I realized that is a 30% increase . The last fee hike was from 3.5 percent to 5 percent in 2018. Therefore, rates since 2018 will have almost doubled by April 2022. Sellers do also incur listing and relisting fees, optional monthly upgrades to their plan, optional advertising charges, and may face offsite ad fees if they don't opt out. The rising costs are the source of complaint for small business owners.
Read article here: Etsy Sellers Go On Strike , Some of them...
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