ETSY, the Amazon for independent sellers and handmade goods, has gained popularity in the UK as a go-to online retail destination. Being present in 234 other countries, Etsy connects people looking for unique goods with independent sellers worldwide. However, as more resellers join the platform, it is important to question the legitimacy of the products being sold and the reasons behind their low prices.

What is Etsy?

Etsy is a global online marketplace that offers millions of handmade, vintage, and craft supply items. The company serves as a platform for millions of independent sellers, including business owners, hobbyists, and even factories in China.

When was Etsy created?

Etsy was founded in 2005 by entrepreneur Rob Kalin and partners Chris Maguire and Haim Schoppik. In just two years, the site gained significant traction and started making a profit. Since then, Etsy has grown exponentially and now has over 96 million members worldwide.

Is Etsy legit?

Etsy is a reputable platform that has processed billions of dollars in transactions since its inception. However, it is important to note that scammers do exist on the platform. Etsy has a customer support channel to assist victims of fraudulent sellers. Buyers are advised to try and resolve any issues with the seller directly. If the seller is unresponsive or uncooperative, buyers can open a case with Etsy Support, who will mediate the dispute and make a decision based on the facts.

Why is Etsy so cheap?

Etsy is known for offering bargains, but the prices can vary. Some sellers may not realize the true cost of their handmade items or may not prioritize making a profit. Additionally, sellers from countries with a lower national income may offer products at a lower price compared to those from countries with a higher national income. Chinese factories also have stores on Etsy as they can earn more money on the platform compared to other sites. However, it is important to note that not everything on Etsy is cheap, as many shop owners price their items at a fair market rate, especially for handmade, vintage, or bespoke items.