0

Etsy embraces manufacturing, in a hopeful sign for the holidays @VentureBeat

Adafruit 3848
Etsy embraces manufacturing, in a hopeful sign for the holidays by Dylan Tweney.

Etsy processed $1.35 billion in sales in 2013. On each sale, 3.5 percent of the price goes to Etsy as a commission, plus Etsy collects 20 cents for each listing. While we don’t know how many listings Etsy posts each year, there are more than 26 million items currently listed for sale on the site. It’s safe to say that Etsy’s revenue from listings and commissions is well above $50 million annually.

But Etsy also makes money from its payment processing system (which is now used for 90 percent of the transactions on the site, Dickerson said), shipping services (such as printing postal service labels), search ads, and wholesale services. So its overall revenues are much higher than that. Dickerson wouldn’t tell me how much higher, exactly.

Etsy employs a bit more than 600 employees, mostly in Brooklyn, New York, where it has signed a lease for a 200,000-square-foot building scheduled to open in 2016.


Please vote for Limor Fried (Ladyada) for Red Hat’s Women in Open Source Award
Our Ladyada (Limor Fried) was nominated for Red Hat’s Women in Open Source Award! Please vote for her! Visit: https://www.redhat.com/en/about/women-in-open-source

Stop breadboarding and soldering – start making immediately! Adafruit’s Circuit Playground is jam-packed with LEDs, sensors, buttons, alligator clip pads and more. Build projects with Circuit Playground in a few minutes with the drag-and-drop MakeCode programming site, learn computer science using the CS Discoveries class on code.org, jump into CircuitPython to learn Python and hardware together, or even use Arduino IDE. Circuit Playground Express is the newest and best Circuit Playground board, with support for MakeCode, CircuitPython, and Arduino. It has a powerful processor, 10 NeoPixels, mini speaker, InfraRed receive and transmit, two buttons, a switch, 14 alligator clip pads, and lots of sensors: capacitive touch, IR proximity, temperature, light, motion and sound. A whole wide world of electronics and coding is waiting for you, and it fits in the palm of your hand.

Join 10,000+ makers on Adafruit’s Discord channels and be part of the community! http://adafru.it/discord

CircuitPython 2019!

Have an amazing project to share? Join the SHOW-AND-TELL every Wednesday night at 7:30pm ET on Google+ Hangouts.

Join us every Wednesday night at 8pm ET for Ask an Engineer!

Follow Adafruit on Instagram for top secret new products, behinds the scenes and more https://www.instagram.com/adafruit/


Maker Business — The strange world of low-margin online returns

Wearables — Liquid magic

Electronics — Diamonds may be forever… but components? Not so much.

Biohacking — Raspberry Pi Health Dashboard

Python for Microcontrollers — Python on hardware, a portal to a world of fun! #Python #Adafruit #CircuitPython @circuitpython @micropython @ThePSF @Adafruit

Get the only spam-free daily newsletter about wearables, running a "maker business", electronic tips and more! Subscribe at AdafruitDaily.com !



No Comments

No comments yet.

Sorry, the comment form is closed at this time.