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While eBay’s sales grew by 5% in the third quarter, Etsy outpaced it with a 7% increase. Etsy is also expanding its customer base, increasing its buyer pool by 4% to an impressive 92 million ...
Like most ecommerce sites, Etsy takes a percentage of your earnings for listing and selling products on its platform. On average, Etsy takes a 6.5% cut from each sale, plus a 20-cent listing fee...
As of March 2016, Etsy's top three competitors according to Hoovers Online are Amazon Handmade, Craigslist, and eBay. Etsy has been compared to "a crafty cross between Amazon and eBay", and to "your grandma's basement". Etsy also has a number of direct competitors.
In this video, Motley Fool contributors Jason Hall and Jeff Santoro break down why it might be time to move on from Etsy (NASDAQ: ETSY) and offer up two stocks they think are better buys right...
Peer-to-peer sales platforms (eBay, Etsy, Amazon) – In these websites, users can directly communicate and sell products to other users. Group buying ( Groupon , LivingSocial ) – Users can buy products or services at a lower price when enough users agree to make this purchase.
Amazon was founded on July 5, 1994, by Jeff Bezos in Bellevue, Washington. [6] The company originally started as an online marketplace for books but gradually expanded its offerings to include a wide range of product categories. This diversification led to it being referred to as "The Everything Store". [7]