I used to sell on Etsy, but stopped, when they began to force sellers to provide their personal bank info (which I did not want to give to them). I also felt they were starting to charge more and more fees. I too experienced automatic renewals even though I had turned them off. But all of this was small compared to the experiences shared here. I am hence sharing this.
Copyright © 2019 SYDNEY SCHUSTER — All Rights Reserved
My last post was a screed about selling on Etsy and why your inventory there never moves. This used to be part of it. I moved it here because veteran sellers already know how Etsy rips them off. Newbies, this one’s for you.
Worst eCommerce Nightmare Ever
On February 15, 2019, Etsy hoovered millions of unowed dollars from sellers’ bank accounts and credit cards. The first 87 sellers reporting to Etsy’s forum cited individual amounts ranging from $265 to $144,000. They collectively lost a half million dollars.
Said one seller: “I went from owing no Etsy bill to owing $1,200 in the blink of an eye. Even though billing said I owed nothing, I couldn’t print any shipping labels because it said I had to pay at least half of a $1,200 bill I didn’t owe.”
Below is a screencap…
View original post 3,397 more words
Leave a Reply