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.
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.
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.
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.