Is Etsy worth it in 2024?

Congratulations on your decision to move to Etsy! Etsy is a great platform for selling handmade, vintage, and craft supplies. It has a large and active community of buyers, and it offers a variety of tools and resources to help sellers succeed.

Etsy is a marketplace where sellers can list their products for sale. Sellers must pay a listing fee of $0.20 per item, and a transaction fee of 5% of the sale price. Etsy offers a variety of shipping options, including USPS, UPS, and FedEx. Sellers can use Etsy's marketing tools to promote their shops and products.

Whether or not it is worth it to grow on Etsy in 2024 depends on your specific business goals and needs. Here are some factors to consider:

Your target market: Etsy buyers are specifically interested in handmade, vintage, and craft supplies. If your target market is aligned with Etsy's target market, then Etsy could be a good fit for you.

Your product type: Etsy is not a good fit for all product types. If you sell products that are not handmade, vintage, or craft supplies, then you may want to consider other platforms.

Your budget: Etsy fees can add up, so it is important to factor them into your budget.

Moving from Amazon to Etsy can be a great way to reach a new audience and grow your business. However, it is important to understand the differences between the two platforms before making the switch.

Amazon has a much larger customer base than Etsy. This means that you have the potential to reach a wider audience on Amazon. However, it also means that there is more competition. Etsy is specifically designed for handmade, vintage, and craft supplies. This means that you are more likely to find buyers for your products on Etsy. Etsy charges a listing fee of $0.20 per item, and a transaction fee of 5% of the sale price. Amazon charges a variety of fees, including listing fees, referral fees, and shipping fees.