Etsy Review: Is It a Legit Marketplace
No matter if you are an online buyer or seller, there is no way you might not have heard about Etsy. It’s one of the fastest-growing marketplaces in 2024 and is quite popular as well, especially among the Gen Z audience.
But is Etsy a legit and trustworthy marketplace for buying and selling?
If this question is constantly popping into your mind, then this Etsy review is for you in which we have discussed in detail everything you need to know before buying or selling on Etsy.
What is Etsy?
Another striking aspect of Etsy is its seller demographics. Approximately 80% of Etsy sellers are women, reflecting the platform’s commitment to empowering independent creators.
This statistic alone speaks volumes about Etsy’s role in promoting entrepreneurship and providing opportunities for individuals who face barriers in traditional business settings.
As of 2024, Etsy has over 9 million active sellers that sell everything from handmade jewelry and pre-loved clothing to unique home decor and vintage collectibles.
But a marketplace is only as good as its customer base, and Etsy doesn’t disappoint in this regard either. With over 91.6 million active buyers, Etsy provides sellers with access to a massive pool of buyers.
Etsy Review: Is Etsy a Trusted Site?
When researching Etsy’s legitimacy, one might come across conflicting information. For instance, on Trustpilot, Etsy has a low average rating of 1.5 stars out of 5, with 77% of reviewers gave it a 1-star rating.
However, this doesn’t tell the whole story. As this Reddit user pointed out:
For most online marketplaces, online reviews on sites like Trustpilot are mostly negative. The reason is that satisfied buyers are less likely to leave reviews than those who’ve had problems.
But there is no doubt that Etsy is a 100% trusted and legit site for buying and selling.
Can You Get Scammed on Etsy?
Though scams are not quite usual on Etsy¸ there is always a possibility of getting scammed on Etsy as a buyer or as a seller.
However, you should know that even if you get scammed on Etsy, Etsy provides you full protection.
There is a Purchase Protection Program by Etsy for buyers that helps them get a full refund if their order does not arrive, arrives damaged, arrives later than the estimated delivery date, or is not according to what’s described in the listing.
Similarly, there is a Purchase Protection Programme for eligible sellers that helps them keep their earnings if the item is lost in transit, the item reaches the buyer after its estimated delivery date, and the item is according to the listing description but the buyer claims it does not.
It’s also important to know that the Etsy Purchase Protection Programme only covers orders up to $250.
Frequently Asked Questions (FAQs)
Is Etsy better than eBay?
We can’t really say that Etsy is better than eBay because the monthly visitors of eBay are 1210 million while 447.31 million visitors visit Etsy each month. However, if you are looking to sell handmade or crafted items, Etsy is definitely a better marketplace than eBay.
Is selling on Etsy free?
Selling on Etsy is not entirely free. Though, you can open an Etsy store for free, for each item to get listed on Etsy you have to pay 0.20 USD. Moreover, there is an additional 6.5% transaction fee that you have to pay on every sale you’ll make.
Will Etsy refund me if I get scammed?
Yes, Etsy always protects the interests of its buyers and sellers. So, if you ever get scammed as a buyer, Etsy will refund your money.
Leave a Reply