Etsy Has Its Sellers' Backs
Etsy (NASDAQ: ETSY) has built an online marketplace with 66 million unique items from independent artisans who make handcrafted goods or sellers who specialize in vintage goods. As this platform is highly dependent on the quality of its 2.8 million sellers and their success, management realized it might need to lend a helping hand during these challenging times, and has stepped up in a number of ways.
Let's take a look at how the platform makes money, what the merchants get in return, and how management is helping its community of active sellers.
Image source: Getty Images.
Source Fool.com