Etsy is an online application developed by Robert Kalin, Chris Maguire on June, 18, 2005. It is a service platform that sales the handmade crafts. There are a large number of influential and talented handmade art designers gathering here.
The transaction fee is the percentage of the total order amount Etsy charges when a seller makes a sale. Etsy is raising it from 5 percent to 6.5 percent, and the 30 percent increase will go into effect beginning on April 11th. According to the company, the increase in fees pays mainly for marketing, seller tools and creating world-class customer services.
People can open their own stores, sell their own handicrafts. The pattern is similar to eBay and taobao in China. Products in Etsy cover huge areas, including toys, jewelry, furniture and so on.
While those products have one premise that they are all original, handy products. Designers gathering here not only create their own brands, but also open stores to sell their own handicrafts.
