The marketplace that is exclusively meant for handmade items is now turning into a biggest rival to Amazon. Etsy is known for its unique and wide handicraft collections. There are thousands of artisans who are making tons of money off Etsy. The ecommerce giant Amazon is now putting up a fight against the startup company Etsy by introducing a marketplace for handicrafts. Etsy’s CEO Chad Dickerson is not afraid of Amazon’s take on handicrafts. After all, Amazon makes market revenue 300 times more than Etsy. Amazon and Etsy compete with each other by introducing deals and features to grab attention from the users. Christmas is around the corner and both the companies are trying way too hard to make money off it. New tactics are being introduced everyday in order to hike the sales before the sales end. Etsy like marketplace https://www.zoplay.com/web/buy-sell-market-place-website/ buysell marketplace script.
But honestly speaking, Etsy is feeling the heat from its contenders. The site has over 20 million buyers and is doing business for the past 10 years in the industry. It makes most of its market revenue through processing fees and reshipping labels. Since Etsy has high quality and unique products that are little pricier, it takes time for the products to be sold out. Dickerson is not worried about it either and he even encourages the site’s sellers to always the keep the prices higher. Etsy never fails to impress its existing users with the products. Let us hope it does not fall prey to the marketing giant Amazon!