Category: News

Etsy implements a new policy to resolve disputes between buyers and sellers

Etsy announced that “starting August 1, buyers will receive a full refund for purchases on Etsy.com in the rare cases that they don’t match the item description, arrive damaged, or never arrive.” At the same time, Etsy is also planning to protect sellers and “invest at least $25 million per year into the purchase protection program to cover refunds on behalf of sellers for qualifying orders up to $250, enabling them to keep their earnings from sales when things happen outside of their control.”

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Back-to-school trends, 2000s style is back

Many students across the U.S. will return to the classroom in person this fall. With a new (in-real-life) school year fast approaching, students and their families are already on the lookout for new gear. Google Shopping team published a post pointing out that searches for “back to school supplies” increased by 80% in the last month versus the same period last year, while searches for “back to school deals” grew 40%.

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Etsy marketplace sales down 6% year-over-year, but up 141% compared to 2019

Etsy published its Second Quarter 2022 Financial Results. The marketplace GMS (Gross Merchandise Sales) was $2.6 billion in the 2nd quarter of this year, down 6% year-over-year. However, the GMV grew by 141% since 2019, showing a long terms positive trend. The second quarter of 2022 brought also approximately 6 million new buyers to Etsy, and the company expanded internationally, with non-U.S. GMS for the Etsy marketplace now 44% of overall GMS, increasing 3% year-over-year.

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eBay Open Seller Conference

eBay announced that it will hold its annual eBay Open conference on September 21-23, 2022. The event is designed to connect, educate and inspire sellers of all types and levels. This year’s event will mainly take place online, but sellers can also join eBay Open Studio, the in-person events that are happening on September 23 in New York, Austin, and Los Angeles.

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