Comment on The Fall of the House of EtsyparentComments−stavros2yMaybe, I'm not too familiar with their story. Who were the business users on Etsy?−resolutebat2y- The users were the original arty-crafty people selling actually handmade products- Businesses come in to exploit the users by flipping AliExpress crap at 10x margins, Etsy does nothing to stop this because $$$- Etsy realizes they could make even more money off businesses by eg forcing them to buy ads from Etsy once their income exceeds $10k- Now both users and businesses are pissed off and Etsy has entered a death spiral−mintplant2yThe sellers. Doctorow's original article uses Amazon as an example; you could fit Etsy into the same framing.−sumeno2yThis provides a good overview https://spy.com/articles/lifestyle/gifts/etsy-downfall-12030...−stavros2yPlease point me to the part where it talks about Etsy putting the users first, then the sellers, then Etsy itself.
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Maybe, I'm not too familiar with their story. Who were the business users on Etsy?
- The users were the original arty-crafty people selling actually handmade products
- Businesses come in to exploit the users by flipping AliExpress crap at 10x margins, Etsy does nothing to stop this because $$$
- Etsy realizes they could make even more money off businesses by eg forcing them to buy ads from Etsy once their income exceeds $10k
- Now both users and businesses are pissed off and Etsy has entered a death spiral
The sellers. Doctorow's original article uses Amazon as an example; you could fit Etsy into the same framing.
This provides a good overview https://spy.com/articles/lifestyle/gifts/etsy-downfall-12030...
Please point me to the part where it talks about Etsy putting the users first, then the sellers, then Etsy itself.