Etsy Alternatives

Alternative online marketplaces to Etsy comprise platforms like eBay, Amazon Handmade, Bonanza, and ArtFire. Craft and artisan alternative platforms comprise Handmade at Amazon, Zibbet, Folksy, and Madeit. Niche and specialty platforms comprise Not on the High Street, Ruby Lane, Cratejoy, and Society6.

AlternativeKey FeaturesCore StrengthsWeaknesses
Amazon Handmade1. Large Customer Base: Access to Amazon’s vast customer base. 2. Seller Support: Offers resources and support for artisans. 3. Fulfillment Options: Allows sellers to utilize Amazon’s fulfillment services.– Exposure to Amazon’s extensive customer network. – Support and resources tailored to artisan sellers. – Fulfillment services available for convenient shipping.– May face competition from other sellers on Amazon Handmade. – Fees and commission structure may vary from Etsy’s. – May not offer the same artisan-focused community as Etsy.
eBay1. Global Marketplace: Provides access to a worldwide customer base. 2. Diverse Categories: Allows selling in various product categories. 3. Auction Format: Offers auction-style listings.– Extensive reach to a global customer base. – Diverse product categories for sellers. – Auction-style listings can create bidding competition.– May have a different selling culture and focus compared to Etsy. – Competition from a wide range of sellers and products. – Fees and commission structure may differ from Etsy’s.
Zibbet1. Multi-Channel Sales: Enables selling on multiple platforms from one dashboard. 2. No Listing Fees: No fees for listing products. 3. Handmade Emphasis: Focuses on handmade and creative goods.– Simplified multi-channel sales management. – No listing fees make it cost-effective for sellers. – Concentration on handmade and creative goods aligns with Etsy’s market.– Smaller user base compared to Etsy. – May not offer the same level of brand recognition as Etsy. – Additional fees for premium features and services.
Big Cartel1. Artist-Centric: Designed for artists and makers. 2. Customizable: Offers customizable online stores. 3. No Transaction Fees: No fees on transactions.– Specifically designed for artists and makers. – Allows for fully customizable online stores. – No transaction fees mean more earnings for sellers.– Limited in terms of market reach compared to larger platforms. – Smaller user base and less visibility compared to Etsy. – May not offer the same range of features and integrations as larger e-commerce platforms.
Shopify1. E-commerce Platform: Provides a comprehensive e-commerce solution. 2. Customization: Offers customizable online stores. 3. App Integrations: Allows integration of various e-commerce apps.– Robust e-commerce platform for sellers. – Full customization options for online stores. – Wide range of app integrations to enhance functionality.– Primarily a general e-commerce platform, not specific to handmade or artistic goods. – May require more technical expertise compared to some niche alternatives. – Pricing structure may differ from Etsy’s.
WooCommerce1. WordPress Integration: Integrates with WordPress websites. 2. Customization: Offers customizable online stores. 3. Community Support: Benefits from a WordPress community.– Seamlessly integrates with WordPress websites. – Allows full customization of online stores. – Benefits from the WordPress community for support and resources.– Requires a WordPress website for integration. – May not have the same level of brand recognition as standalone platforms. – Some technical knowledge may be necessary for setup and maintenance.

 

Online Marketplaces:

  • eBay – An online marketplace for buying and selling a wide range of products.
  • Amazon Handmade – A marketplace for artisans to sell handmade products.
  • Bonanza – An online marketplace for unique and collectible items.
  • ArtFire – A marketplace for handmade and vintage items.

Craft and Artisan Platforms:

  • Handmade at AmazonA marketplace for artisans to sell their handmade products.
  • Zibbet – An online marketplace for artists, crafters, and vintage sellers.
  • Folksy – An online marketplace for British crafters and makers.
  • Madeit – An Australian online marketplace for handmade and creative goods.

Niche and Specialty Platforms:

  • Niche and Specialty Platforms – Alternatives catering to specific niches or specialty products.
  • Not on the High Street – An online marketplace for unique and personalized gifts.
  • Ruby Lane – An online marketplace for antiques, vintage collectibles, and art.
  • Cratejoy – A subscription box marketplace for various themes and interests.
  • Society6 – An online marketplace for artist-designed products.

Read Next: Etsy Business Model, Etsy Flywheel.

Related Visual Stories

Etsy Revenue

Etsy Revenue
Etsy generated $2.75 billion in 2023, compared to $2.56 billion in 2022, $2.33 billion in 2021, and $1.72 billion in 2020.

Etsy GMS

Etsy GMS
Etsy generated $13.16 billion in Gross Merchandise Sales (GMS) in 2023, compared to $13.32 billion in 2022, $13.49 in 2021, and $10.28 billion in 2020.

Etsy Active Sellers

Etsy Active Sellers
Etsy had 9.03 active sellers in 2023, compared to 7.47 million in 2022, and 7.52 million in 2021.

Etsy Active Buyers

Etsy Active Buyers
Etsy had 96.48 million active buyers in 2023, compared to 95.07 million in 2022 and 96.33 million in 2021.

Etsy Employees

Etsy Employees
Etsy had 2,420 employees in 2023, compared to 2,790 in 2022, and 2,402 in 2021.

Etsy Revenue Per Employee

Etsy Revenue Per Employee
Etsy generated $1,135,693 per employee in 2023, compared to $919,753 in 2022, and $969,656 in 2021.

Is Etsy Profitable?

Etsy Profits
Etsy is profitable as it generated $307.56 million in profits in 2023, compared to a net loss of $694.29 million in 2022, and $493.5 million in 2021.

Etsy vs. Shopify

etsy-vs-shopify

Etsy Funnel

etsy-marketing-strategy
In 2022, Etsy had 88.3 million active buyers, over 35 million repeat buyers, and 7.6 million habitual buyers. Etsy’s funnel is skewed toward enabling active buyers to become habitual buyers, which is critical for long-term sustained growth in a two-sided digital marketplace.

Etsy Flywheel

etsy-flywheel

eBay Business Model

ebay-business-model
eBay’s core business is a platform business model that makes money from transaction fees through its marketplaces. In short, eBay primarily makes money by charging fees on successfully closed transactions. For instance, in 2021, on an $87 billion worth of gross merchandise value sold on eBay, the company generated $9.77 billion in transaction revenues at an 11.19% take rate (fee).

How Much Does eBay Take?

how-much-does-ebay-take
In 2021, eBay’s take rate was 11.19%. It means that eBay takes a cut of over 11% for each transaction happening through the platform. For instance, in 2021, on a total of over $87 billion in gross merchandise value on top of the platform, the company generated almost ten billion in transaction revenues.

eBay Bidding System

how-does-ebay-bidding-work
eBay bidding is a way for buyers to bid on a product whose sale price is decided by auction. The bidding process itself is automated, with eBay acting on the buyer’s behalf.

eBay Organizational Structure

ebay-organizational-structure
eBay was until recently a multi-divisional (M-form) organization with semi-autonomous units grouped according to the services they provided. Today, eBay has a single division called Marketplace, which includes eBay and its international iterations.

Depop Active Sellers

Depop Active Sellers
Depop had 1.8 million active sellers in 2023, compared to 1.8 million in 2022, and 2 million in 2021.

Depop Active Buyers

Depop Active Buyers
Depop had 3.6 million active buyers in 2023, compared to 3.3 million in 2022, and 3.7 million in 2021.

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