Etsy Business Summary

Etsy is a global online marketplace that specialises in unique and creative goods. It provides a platform for sellers to turn their ideas into successful businesses, connecting them with millions of buyers who are looking for something special with a human touch. Etsy’s mission is to keep human connection at the heart of commerce in an age of increasing automation. Their guiding principles lead the company to strive for sustainability and responsibility, aiming to have an impact that reaches far beyond their own business.

Seller and Buyer Experience

The Etsy marketplace is a vibrant community of real people connecting over special goods. It empowers sellers to do what they love and helps buyers find what they love. With low fees and powerful tools, Etsy provides support and education to help creative entrepreneurs start, manage, and scale their businesses. Becoming an Etsy seller is easy and affordable, with the initial cost being as low as $0.20.

Buyers on Etsy have access to a wide range of unique, extraordinary items, from handcrafted pieces to vintage treasures. The platform provides specific and unexpected (or custom-made) items, helping buyers explore all the special one-of-a-kind items offered by Etsy sellers. Additionally, Etsy Journal and Editors Picks curate exciting trends and ideas discovered in the marketplace by Etsy’s own team.

Safety and Security

Etsy provides the technology behind the marketplace, helping buyers and sellers connect and exchange on Etsy. Keeping those connections safe, secure and fun is a top priority for the company. Etsy is committed to being there for their community, ensuring a smooth and secure buying and selling experience for all.

News and Updates

Etsy keeps its community updated with product announcements, company news, and stories about community members through its news blog. For investor news, presentations, SEC filings, and leadership and governance information, Etsy directs interested parties to their Investor Relations site.

Environmental Commitment

Etsy is a company that is conscious of its environmental footprint and is powered by 100% renewable electricity. This commitment to renewable energy is part of Etsy's broader goal to operate sustainably and responsibly.

Etsy's Global Presence

While Etsy is a global marketplace, it also has specific sites for different regions, such as the United Kingdom, Germany and Canada. This allows for a more personalised shopping experience for users around the world.

Conclusion

Etsy is more than just an e-commerce website; it is a community of creators and consumers who value unique, handcrafted items and the human touch in their shopping experience. With a commitment to creativity, sustainability, and security, Etsy has carved a unique niche in the online marketplace industry.