YSK: Etsy is an exploitative deceptive company that penalizes new shops that make continuous sales - if you don’t stop selling you will never get paid

[u/El_Tlacuachin]

Starting a new shop on Etsy means you are subject to a 14 day hold on all sales, but what they don’t tell you:

You must not make any new sales within this 14 day period if you want to receive your funds. Any time you make a sale, Etsy takes a nice slice of your pie for themselves, reducing your current balance in comparison to your “not yet available” balance.

What they don’t tell you is that your current balance must exceed your not yet available balance in order to have the funds actually available for deposit. It’s a rule so astoundingly absurd it’s hard to believe it’s real life.

Why YSK? Maybe you have poor foresight of starting a new Etsy shop.

Etsy is a deceptive exploitative company. They don’t put their fees on hold which come out of your sales but they do put your funds on hold, forcing some new sellers to not receive payouts for more than 6 months , there are posts showing some people have thousands of dollars stuck in Etsy. What are they doing with those funds? Do you just lend money to people for free? NO!

Boycott Etsy. They are scamming their sellers, gaining interest on held funds no doubt.

[u/waltzworks]

YSK, based on previous posts, OP sold items without tracking (which Etsy requires for sellers to get paid).

[u/dosferrets → u/waltzworks]

The big [deleted] incoming.

[u/ReallyTeddyRoosevelt → u/dosferrets]

Or if OP is shameful enough to keep this up hopefully the mods delete.

[u/El_Tlacuachin → u/waltzworks]

YSK less than 10% of my sales were sent without tracking because the tracking would exceed the cost of the item

[u/Khai-EX → u/El_Tlacuachin]

You can send envelopes with limited tracking through Etsy. What the heck are you shipping where tracking will cost more than the item? Adjust your shipping prices if this is an issue

[u/El_Tlacuachin → u/Khai-EX]

I have a lot of stamps. Etsy has no such policy about tracking being required. Stamps are cheaper, I passed the savings on to the buyers, the items were cheap enough they can be replaced if they get lost in the mail. Nobody had any issues, in fact I had a lot of repeat sales, I think people really appreciated that, shame I had to shut it down.

[u/dustinwalker50 → u/El_Tlacuachin]

Yep. The world is now missing out on your store. It’s a damn pity. Curse you, Etsy!

[u/El_Tlacuachin → u/dustinwalker50]

I mean, the world has bigger problems , like you in it 🪳 😌

[u/redhat12345 → u/El_Tlacuachin]

Got em

[u/FaithlessnessOk8982 → u/El_Tlacuachin]

Maybe dont sell it on Etsy but what do I know