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Etsy has ousted its CEO and is laying off 8 percent of its staff

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Re: Etsy has ousted its CEO and is laying off 8 percent of its staff

#171

Earlier quoted context omitted.

I tend to think of Etsy as being the place to go for cultural, rather than mass-produced consumerist, goods.

The problem is that most products only pretend not be mass-produced, when in reality, they are.

Perhaps the pretending is what people are paying/looking for. I certainly see a lot of that kind of thing when surveying supermarket shelves.

Re: Etsy has ousted its CEO and is laying off 8 percent of its staff

#172

Earlier quoted context omitted.

The problem is that most products only pretend not be mass-produced, when in reality, they are.

Perhaps the pretending is what people are paying/looking for. I certainly see a lot of that kind of thing when surveying supermarket shelves.

Anthropologie makes a ton of cash from it.

Re: Etsy has ousted its CEO and is laying off 8 percent of its staff

#173
post #81

Earlier quoted context omitted.

Reminds me of this: "Your brilliant Kickstarter idea could be on sale in China before you’ve even finished funding it" https://news.ycombinator.com/item?id=12724096 That said, there's still vibrant opportunity in the other direction, i.e. finding items off of Alibaba, claiming to not only have made those items but that they are best-in-class/first-of-its-kind, and attracting people who don't bother double-checking on…

That "other direction" is much more significant, at this point. For every Kickstarter/Indiegogo project that's cloned by a Chinese manufacturer (e.g, Fidget Cube), there's probably at least 10 or 20 "projects" created to resell something that's already available. It's a huge issue for the credibility of both sites.

Way more than that. A large portion of the Fulfilled By Amazon program is imports like this. If the subreddit is representative, nearly all of FBA is AliBaba imports.

Re: Etsy has ousted its CEO and is laying off 8 percent of its staff

#174

Earlier quoted context omitted.

> I think they're in a really tough spot. When they weighed the options, my guess is that they realized that it would be best to let the consumers just decide what they want to buy. ...but then the problem is, what makes them better or different from any other storefront? If there's a ton of mass-produced product on Etsy, why would I want to shop there rather than on Amazon?

They are cheaper for sone things: my wife and I bought our wedding rings from there for a fraction of the cost of going to a jewelry store. Plus, in the case of both the the style of rings we wanted and also bum bags (I'm forgetful and women's clothes don't have pockets), some goods aren't available anywhere else.

> They are cheaper for sone things

Cheaper than what, though? High street stores? sure. Without commenting on your specific example, the point is that much of the "hand made" stuff is just purchased from AliExpress and sold on with a markup, so it would have been cheaper for you to have bought it from AliExpress

Re: Etsy has ousted its CEO and is laying off 8 percent of its staff

#175
post #81

Earlier quoted context omitted.

Reminds me of this: "Your brilliant Kickstarter idea could be on sale in China before you’ve even finished funding it" https://news.ycombinator.com/item?id=12724096 That said, there's still vibrant opportunity in the other direction, i.e. finding items off of Alibaba, claiming to not only have made those items but that they are best-in-class/first-of-its-kind, and attracting people who don't bother double-checking on…

That "other direction" is much more significant, at this point. For every Kickstarter/Indiegogo project that's cloned by a Chinese manufacturer (e.g, Fidget Cube), there's probably at least 10 or 20 "projects" created to resell something that's already available. It's a huge issue for the credibility of both sites.

What's truly fascinating is all of these innovative products made in Asia which aren't officially marketed in the West (thus allowing people to market it in smalltime ways, like Kickstarter). If you go to the right parts of Asia now you will see a wild array of amazing, futuristic products that you can't find anywhere in the US.

Re: Etsy has ousted its CEO and is laying off 8 percent of its staff

#176

Earlier quoted context omitted.

You forget the successes of decentralization. In the same way that bureaucracy was surpassed with the web, torrents, and Bitcoin, so too will it be surpassed eventually in the field of business and consumer supply chains. It may not be today or tomorrow, but it will happen.

Bureaucracy has been surpassed? This is yet more wishful thinking ...

It has, in terms of publishing.

Re: Etsy has ousted its CEO and is laying off 8 percent of its staff

#177
post #137

Earlier quoted context omitted.

You really shouldn't be buying plant seeds off the internet. Invasive species is a big problem, and even if you buy legit oregano (or whatever) seeds, there's a high risk that a couple of the seeds are really something else that's not native to your region.

What is 'native'? All apple trees are Persian, in the end. Just because there are a few species that outcompete others, doesn't mean that we need to freeze whatever is the current state of geographic dispersion of species to the 'gold standard', that we will defend and maintain at all cost. I explicitly seek out exotic seeds to see how they will behave in my climate. Diversity is good. This whole 'native first' (or r…

this change should occur naturally and not be man made- we don't understand complex eco-systems enough to make such servere changes.

there is a reason why certain things are native- I would suggest a more humble approach!

Re: Etsy has ousted its CEO and is laying off 8 percent of its staff

#178

Earlier quoted context omitted.

Centralized is never on the way out. It just makes everything so easy. I don't like it, but saying that anything centralized is on the way out is just wishful thinking.

You forget the successes of decentralization. In the same way that bureaucracy was surpassed with the web, torrents, and Bitcoin, so too will it be surpassed eventually in the field of business and consumer supply chains. It may not be today or tomorrow, but it will happen.

> In the same way that bureaucracy was surpassed with the web, torrents, and Bitcoin

Temporarily?

Re: Etsy has ousted its CEO and is laying off 8 percent of its staff

#179

Earlier quoted context omitted.

> I think they're in a really tough spot. When they weighed the options, my guess is that they realized that it would be best to let the consumers just decide what they want to buy. ...but then the problem is, what makes them better or different from any other storefront? If there's a ton of mass-produced product on Etsy, why would I want to shop there rather than on Amazon?

They are cheaper for sone things: my wife and I bought our wedding rings from there for a fraction of the cost of going to a jewelry store. Plus, in the case of both the the style of rings we wanted and also bum bags (I'm forgetful and women's clothes don't have pockets), some goods aren't available anywhere else.

But can you get those same rings for cheaper on AliExpress or eBay or Walmart or discountringsdirectfromchina.com or something? The point is you're going in with the expectation​ of a handcrafted item whereas half the stuff comes straight from a Chinese factory. The market for mass produced items is pretty saturated with many options, Esty originally differentiated itself with hand made items and buyers are willing to pay a premium for handcrafted items.
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