Etsy Sales Report – June 2022
Each month we will be publishing a brief report on the Etsy sales of the preceding month on the Koalanda blog. Here is the first such report — for June 2022.
5 Myths About Etsy
Every business decision we take should be based on hard data, rather than guesswork and intuition. This is just as true when it comes to decisions about our Etsy business. Most sellers are constantly searching for information on Google or social media. Unfortunately, the answers they find there are usually not backed by data, but simply reflect the speculative assumptions of other sellers. And if we are able to have a look at the real data in such cases, we will see that many assumptions presented as fact on the web are actually myths. So, in this blog post we decided to bust 5 of the most popular myths about Etsy, using the data that Koalanda collects about shops on…
From Which Countries are the Most Successful Etsy Shops?
More than half of all buyers and sellers on Etsy are from the US. At the same time, Etsy is a truly international platform where shops from 232 countries and territories compete for a market share. Koalanda collects information for every active Etsy shop on a daily basis. Here are some of the interesting facts that our data show. Highest number of shops and sales The US is without question the country with the most sellers, sales and listings on Etsy. The second and third countries by these three criteria are the UK and Canada. The US holds the first place according to these criteria in each of the 15 categories on Etsy. In almost all of the cases, the…
Ask the Experts: Yanna Berman from Urban Mamaz
Ask the Experts is a new series in our blog. We will ask Etsy coaches and experienced Etsy sellers a few questions regarding running a successful Etsy shop. The first Etsy expert who answered our questions is Yanna Berman from Urban Mamaz.
Do You Need Tools to Run Your Etsy Shop?
We know that the most important thing for you as an Etsy seller is to create amazing products that your clients love and are excited to buy. But we also know that this is not enough. There are so many different tasks around running your shop that it sometimes feels impossible to manage without help. In these cases, you can find tools that can help you. Many sellers on Etsy — as well as people planning to start a business on the platform — are probably wondering whether they really need such tools. Today we present some important points on both sides of the argument.
Was the Etsy Strike a Success?
On 11 April 2022 the transaction fees for Etsy sellers increased from 5% to 6.5%. In response to the frustrating announcement, a group of sellers decided to express their protest by going on strike. The Koalanda team is going to look at the data and objectively analyze what happened during the strike period - how many shops were set to vacation mode, did Etsy sales drop during the Etsy strike and what are the possible reasons.
7 Secret Features in Koalanda
Koalanda is a new platform that offers a number of helpful tools for sellers on Etsy. Some of its top features include a keyword tool, a listing editor and shop lists, supplemented by tons of useful data about the Etsy market. New features and tools are being developed and released regularly. Here are some of the currently existing ones that you might have overlooked, but which can be really benefit your business.
Have Sales on Etsy Really Dropped?
Am I the only one selling less? Every seller on Etsy has asked this question at least once. We often experience dramatic drops in our sales, especially in the wake of high-yield periods, such as Black Friday and Christmas. Naturally, we wonder whether we are the only ones affected, how much our competitors sell, and how the Etsy market is behaving overall. To answer these questions, the Koalanda team analyzed the data on Etsy sales, as the numbers never lie.
Is Etsy Favoring the Big Sellers
The Etsy market is growing constantly and will continue to expand in 2022. The number of sellers and buyers is increasing, and the platform’s turnover is also steadily rising. However, does this mean that the small shops on the platform are also experiencing growth? Or is Etsy’s popularity attributable to the big sellers alone? Are the latter given better chances to grow? Does the platform in fact favor the big shops over the small ones? These are all questions that Etsy sellers ask themselves all the time. Fortunately, the answers can be found in the data that we from Koalanda collect every day.