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This is the problem with all these middlemen platforms. If you base your business around them you are at their mercy.
Other people's risk tolerances are different, of course, but I really hope everyone that does business with these companies understands that they are taking risk in doing so.
This is the problem with all these middlemen platforms. If you base your business around them you are at their mercy.
https://www.forbes.com/sites/dariosabaghi/2023/07/27/masterc...
Would Shopify custom shopfronts be the alternative to using Etsy ? Will custom shopfronts be searchable via Google or Pinterest - how do they submit them for indexing ?
And what does that last sentence mean? "The BBC understands that a representative of Etsy has met with UK government officials."
Earlier quoted context omitted.
It's an entity with significant power over your life, which is the meaningful factor.
Yes but the reason to have rules surrounding this is because the government can lock you up and in some cases end your life. If Etsy steals actually steals money from you sue them into oblivion but not disbursing money until the check clears is not some evil thing. The fact that they're willing to take the risk for sellers with good reputation is a kindness not a given. If you're more sure than Etsy is about not gett…
> Etsy told her it "isn't able to give... [a] specific reason" Sounds like it's probably some newly implemented "black box" (either AI or external vendor) solution that can't be probed or debugged. :(
Earlier quoted context omitted.
Yes but the reason to have rules surrounding this is because the government can lock you up and in some cases end your life. If Etsy steals actually steals money from you sue them into oblivion but not disbursing money until the check clears is not some evil thing. The fact that they're willing to take the risk for sellers with good reputation is a kindness not a given. If you're more sure than Etsy is about not gett…
"If your revenue stream is unfairly disrupted, just sue the major corporation with your backup pile of cash, switch over to your backup line of credit, and if all else fails, ask daddy for a small loan of a million bucks to see you through!"
I would say that our account is a good citizen. We have been on Etsy for two years fullfilling over 1200 orders and garnering a 5 star ratings from hundreds of reviews. In all the time we operated we had a single, unjustified case against us that was quickly withdrawn by the counterparty. Not a single Etsy order was lost during shipping, and we have managed to maintain a positive account balance without any issues related to fees or refunds. Our return rate is also below the industry average for our niche.
Now, we are not perfect. Often we run over the promised delivery date by a few days simply because we get swamped with orders. We also don't ship single items with tracking. Rather we send it as a German Post "Big Letter" which is quite reliable and has the benefit that people can receive it in their mailboxes and don't have to sign for it. This works quite well and is "the way" that we handmade / second hand people usually send around stuff.
This lack of tracking is, I think, the crux of this whole matter. Etsy really wants sellers to add tracking and it states in the "reserve" that you can get your money at once if you just add valid tracking.
To me this leaves a bad taste. I really resent being "nudged" by platforms like this especially if there isn't even a problem. The fact that they can simply change the rules out from under you is also disconcerting. The first time we noticed that this was even happening was when they already had withheld 2000€ (1). The worst thing about it is that we raised a support request for this, for which you have to jump through really stupid hoops, and have not even heard back from them in weeks. Not even a boilerplate response. This is really a scary prospect, to have your income be at the mercy of literally a faceless entity that'll happily take your fees but CBA to connect you with a real person when you run into trouble.
I also want to mention that I think a "reserve" is generally reasonable. But it's not really reasonable to hold 75% over 45 days. I think if it was 25% for 15 days from shipping then, generally, seller would be able to handle it financially.
(1) I am necessarily not blaming Etsy here, we are all just very busy and I just expect for this stuff to keep working like it did.
Earlier quoted context omitted.
What fraud? The dictionary says: "wrongful or criminal deception intended to result in financial or personal gain." Accusing people of fraud for personal gain seems like fraud to me. If it is beneficial for you to not disclose how the fraud works it seems we are talking about both deception and a false accusation - for personal gain? aka fraud?
Wow you guys! Some of you say that Etsy won't give any reason, and here you say that Etsy is accusing people of fraud!!! You can't have it both ways! It seems to me like Etsy's silence is the opposite of an accusation, and whatever investigation they're doing, they don't want these sellers to flip out any more than necessary! Also, these sound like reasons to me: > Etsy's payment policy states the reasons for putting…
Companies and banks use the same nonsensical reason every time: 'whatever investigation they're doing, they don't want these sellers to flip out any more than necessary!' I don't give any benefit of doubt to any company or bank, unless they are audited by a third party not influenced by these companies.
Earlier quoted context omitted.
Yes but the reason to have rules surrounding this is because the government can lock you up and in some cases end your life. If Etsy steals actually steals money from you sue them into oblivion but not disbursing money until the check clears is not some evil thing. The fact that they're willing to take the risk for sellers with good reputation is a kindness not a given. If you're more sure than Etsy is about not gett…
"If your revenue stream is unfairly disrupted, just sue the major corporation with your backup pile of cash, switch over to your backup line of credit, and if all else fails, ask daddy for a small loan of a million bucks to see you through!"
If Etsy goes from fronting you the cash and charging you back chargebacks to waiting until the transaction settles because they consider you risky then that's not stealing; and while it sucks they could decide to do it because fuck you or they could start doing to everyone. If you need the cash immediately you tap a line of credit for the first 45 days and then run your business on like normal.
I get that Etsy is makes running a business feel a little too easy so long as you always live on the happy path but dealing with clients/partners not paying on the timeframe sucks but is a totally normal think you have to prepare for.