Etsy is one of the platform that provides the sellers of the unique handicrafts to find a buyer online in the worldwide market. Although, the working of this e-commerce platform can be considered similar to Amazon or eBay however the unique features of the platform make it not the same as these prominent online selling stores. These features include:
- 35.8 million active buyers of Etsy have been reported until August 2018.
- The number of active sellers on Etsy is 1.98 million as revealed from the data till now.
- The geographical presence of Etsy is in 83 different countries.
- 86% of the registrants of the platform are women.
- $441 million in revenue has been reported by Etsy for 2017.
Dropshipping with Etsy:
If you are considering dropshipping from suppliers to Etsy, at that point you can’t do it. Etsy has changed its terms, which declares dropshipping from suppliers to Etsy as illegal. Although, you can dropship with Etsy to your client. Esty now includes handmade items, vintage items, and craft supplies. Better not to drop ship handmade items it’s illegal, however you can find ways to dropship the vintage things and craft supplies. For this, the mechanism is simple. You don’t have to keep inventory in stock to make a sale rather you can connect with suppliers and make arrangements for drop shipping with them to get discounts. When a client is found on your store at another stage, you can sell those pre-arranged items at a profit, so in reality, you didn’t need to manufacture items or keep a stock of things however you can still earn a profit.
Limitations of Dropshipping with Etsy:
Etsy can prove to be a wonderful platform for dropshipping, however, the ease in dropshipping given by different stages can’t be just replicated in the case of Etsy and there are various restrictions related with Etsy dropshipping. These limitations are highlighted below:
Ban on reselling:
As indicated by Etsy’s rule, you are not permitted to sell anything that you have not made or design on your own. Thus, if you had an expectation of exchanging the items that were initially created by another person, at that point you can’t use Etsy.
Product Requirements:
Etsy has manufactured its reputation of selling products that either is related to art, handicrafts or vintage background. Such a reputation has been built up by constraining the things to be sold on this stage, consequently making it outlandish for all the drop shippers of summed up things to get into the business on this stage. Although, due to the previously mentioned points, drop shipping with Etsy isn’t anything but difficult to lead and you’ll need to face these limitations. This requires you to be vigilant while making any such effort regarding opening a store without inventory on Etsy.
To read more on topics like this, check out the business category.
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