Best Etsy Seller Fees Guide + 5 Tips For New Sellers
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Selling on Etsy? Here’s what you need to know about Etsy seller fees to maximize your profits.
Etsy Seller Fees Breakdown:
- Listing Fees: $0.20 per item listed, lasts four months.
- Transaction Fees: 6.5% of the total sale price, including shipping, customization, and gift wrapping.
- Payment Processing Fees: For US sellers, Etsy Payments charges 3% + $0.25 per transaction.
- Advertising Fees: Choose between Etsy Ads (optional, pay-per-click) and Offsite Ads (mandatory for some; fees vary from 12% – 15%).
Calculating Your Costs:
For a $100 sale, expect fees around $9.95, including a $0.20 listing fee, a $6.50 transaction fee, and a $3.25 payment processing fee.
Use our free Etsy Fee Calculator to quickly and easily figure out your costs and profits.
The New Etsy Shop Set-Up Fee
Disappointed by recent changes, as sellers for our new shop on Etsy, we’ve recently faced the imposition of a set-up fee “intended” to enhance security and verification measures. What Etsy says:
“To bolster security and verification measures, Etsy is implementing a new shop set-up fee. This one-time $15 fee will be required for select new shops, ensuring enhanced safety protocols and ongoing support. The fee will be clearly communicated during the shop set-up process and is nonrefundable, serving as an upfront investment to confirm a commitment to running a business on Etsy.”
Tips for New Sellers:
Are Etsy fees eating into your profits? Here’s how to trim costs without sacrificing quality.
Reducing Listing Fees:
- Batch Similar Products: Group similar items to save on listing fees.
- Relist Wisely: Renew existing listings instead of creating new ones.
- Try Etsy Plus: Consider a subscription for waived transaction fees on orders over $35.
Cutting Transaction Fees:
- Bundle Sales: Combine items to reduce individual transactions.
- Offer Etsy Gift Cards: Transactions with gift cards skip the fee.
Lowering Payment Processing Fees:
- Offer Free Shipping: Encourage sales and lower processing fees.
- Explore Alternative Processors: Consider PayPal or other services for lower fees.
- Grab Promotional Deals: Look for discounted rates from third-party services.
Creative Cost-Cutting Measures:
- Opt for Affordable Shipping: Look for discounted rates and partnerships.
- Choose Budget-Friendly Packaging: Eco-friendly options can save money.
- Use Etsy Bookkeeping Tools: Monitor finances and strategize with ease.
Earn 40 Free Listings on Etsy:
Getting free listings on Etsy is a great perk for sellers. You can showcase your products without spending money upfront. Just share your referral link with others to join Etsy as sellers, and you’ll earn free listings as a reward for growing the community.
New sellers can also earn 40 Free Etsy listings. Just get the link for it from an existing seller and set up your new Etsy shop from it. Make sure to follow guidelines, or you will not get it. Read more about 40 free Etsy listings here.
Increase your profits on Etsy with these savvy tips.
FAQs:
- Q: How are Etsy fees calculated? A: Listing fee + transaction fee (6.5%) + payment processing fee (3% + $0.25).
- Q: How much does Etsy charge in 2024? A: The fees above plus potential advertising fees.
- Q: Why is Etsy holding funds? A: Pending orders, refunds, or processing times.
That’s the lowdown on Etsy fees. So sell smart and maximize your earnings!
For more, check Etsy’s Fees & Payments Policy.