Anytime you list products on a 3rd party website (a website you don’t own), you need to have a good understanding of how you get paid and what kind of fees you’re expected to pay. It’s surprising how many fees there are and how fast they add up. Knowing these figures will help you calculate your profit margin and predict when (and how) you’ll receive payments for the purchases.
In the video below, Auret from Essetino Artists does a great job of fully breaking down the costs and payment methods that you’ll encounter if you start selling on Etsy. She even includes some examples that you get to go through together.
In the video below, you’ll learn about the following Etsy fees:
- Listing fees
- Renewal fees
- Transaction fees
- Multi-quantity fees
- Etsy payment fees
- Currency conversion fees
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