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February 1, 2008

Interesting “Amazon” for Homemade Products

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I had read about a website called Etsy. It’s kind of like the Amazon of homemade products. I guess it’s also quite a bit like eBay since the products are generated by the end user. It has a pretty cool business model. I’m really interested in it since my wife made this cool chair. I figured she should sell it on the site and see how she could do.

The downside is the fees that Etsy charges.

Sign up – free, your own shop – free, listing an item – 20 cents, selling – 3.5% fee. That’s it. All listings include up to 5 images. Listings stay up for 4 months.

Sure they have to make money, but they should make listings free. Or at least your first 10-20 listings free. Let us try the site and see if our products make money. That way more people will try it out and if they start making money, you can be sure they’ll be listing a lot more. Plus, Etsy would still be able to take the 3.5% fee off the backend. Are you listening Etsy?

Thanks for pointing it out to me Fred Wilson.

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