is anyone else still there way overcharged and seller fees? I added up my numbers and about 26.7% of my sale goes towards fees and taxes. That is ridiculous
The fees Etsy assessed me is correct for my shop.
What you are selling is low priced and with a discount, you are going to pay out more in fees than taking in profits.
Low cost items need volume in order to make a profit.
I’ve never had any surprises with Etsy’s fees. They are all listed in the Seller Handbook.
Wow, your prices are very low!
There are 2 fees to take into consideration when selling low-cost items:
If someone buys 1 of your items at $2.10, those flat fees add up to 45 cents of that sale, and that is before the 3% processing fee and 6.5% transaction fee.
Supply sellers often have ways to deal with this, they encourage larger orders by maybe offering a discount over X dollar amount, or free shipping over X dollar amount, or flat rate shipping that makes larger orders more attractive. Then the fees take less of a bite.
I only pay about 10% on average in fees, but that is due to my prices being high.
Many sellers add the 6.5% for the item and 6.5% for the shipping and come up with 13%. It’s still just 6.5% when you add them together.
Do you have ads that cost you money? A big one is for off site ads. That is either 12% if you have sold a lot and 15% if you choose to use them. If you are paying 12% you can not opt out like you can if it’s 15%.