So in my following today I ran across some big news. Maria is moving on and Rob (one of the founders) is coming back to be CEO. There is a thread on the Etsy forums about all this with some spit your coffee on the keyboard quotes. My favorites so far are from Andy Mathis who said, "maybe Maria decided it was time to quit her day job and sell on Etsy. . .It could happen, you know." Someone else mentioned that since Etsy is now profitable maybe they could put money back into advertising and marketing. I doubt it since what I remember about Rob was grass roots, we are all in this together, get out there and blog you sellers, type of attitude.
What I think? The profits did not and never have come from sales. They come from listing fees and selling ad spots on the site. That is why they have never actively marketed to buyers. What will or won't change? Don't know.
Thoughts you care to leave here anyone?
Hmm, I wasn't aware of the changeover... blame it on the holiday busyness. It'll be interesting to see how things progress.
ReplyDeleteI'd like to see some $ spent on advertising. If more buyers know about etsy, then etsy sellers will list more. Makes sense... we'll see what happens!
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