Has anyone read this article that came out yesterday on CNNmoney.com about Etsy? It seems like there are a lot of people on both sides of the fence here. Whether you love it, hate it, or love to hate it- I think its safe to say EVERYONE in the handmade community has an opinion about Etsy. Here are a couple of note-worthy quotes from the article:
” Etsy, boasts 2.4 million registered members in 150 countries. Its more than 155,000 active vendors sold $58 million worth of goods in the first five months of 2009, doubling Etsy’s sales volume over the same period last year. Despite the recession, the site facilitated sales of $87.5 million in 2008 and is expected to break even for the first time later this year.”
“Etsy actively markets itself as a venue where the arts-and-crafts set can achieve entrepreneurial success. Kalin often talks about creating an economy of diverse owners. Each week the official Etsy blog, called the Storque, runs a feature called Quit Your Day Job, profiling sellers who have stopped punching the corporate clock. Yet Etsy spokesman Adam Brown acknowledges that the “vast majority” of sellers use the site as a ‘secondary source of income.’ Some Etsy sellers say the Quit Your Day Job campaign doesn’t jibe with reality.”
-From The Etsy Wars
This is quite a topic! What are your thoughts? Weigh in below in the comments section. And on a lighter note, don’t forget to enter this quick-to-enter contest for a surprise gift from papernstitch…contest ends tomorrow at 8pm eastern.
image c/o Who’s Louder via Maureen Fischinger