Don’t Listen to the Critics, Etsy is Still a Profitable Platform

The truth about Etsy is that it is far from oversaturated.

Photo by Mahdi Bafande on Unsplash

It is too late.

A simple sentence that can discourage any entrepreneurial effort.

And when you apply it to Etsy, you can miss a huge opportunity to improve your monthly income.

Some people think Etsy is too crowded.

Some people think Etsy charges too many fees to sellers.

Some people look for excuses not to start on Etsy.

As an Etsy seller myself, I can say this…

Too many sellers on Etsy?

Let’s talk about the number of sellers on Etsy.

Some people say it’s oversaturated.

They think there are too many sellers for buyers to choose from.

Let me show you the latest stats from Bussiness of Apps website.

• Etsy generated a revenue of $2.74 billion in 2023, a 7% increase year-over-year
• Net income for Etsy in 2023 was $307 million, reversing the prior year’s loss
• Its gross merchandise volume dropped slightly to $13.1 billion
• Over 96 million people are active buyers on Etsy, it has 8.3 million…