Etsy Hits 30 Million Members, Plans To Give Businesses More ToolsBy: Chris Crum - August 7, 2013
Etsy announced on Wednesday that it reached its 30 million member milestone this week (which is interesting considering they were just talking about having over 25 million on Tuesday).
CEO Chad Dickerson took to the company blog to reflect on how far Etsy has come and talk a little bit about the future of the popular marketplace. The future, as Etsy sees it, comes down to three main things: making it easy to transact anywhere and emphasize the person-to-person shopping experience, helping sellers start and grow their businesses and making the world itself more like Etsy.
Well, yesterday’s news that the company has expanded its Direct Checkout feature to nine new currencies and fifteen new markets should be a good start in terms of making it easier to transact from anywhere. Etsy already has members in over 200 countries.
Dickerson mentions the new listing pages they recently rolled out as an example of emphasizing the person-to-person experience.
When it comes to helping sellers build their businesses, Dickerson is specifically referring to providing tools, data, support and educational resources as well as new services and channels for sellers to expand.
“We’re introducing new tools on the platform for critical activities like managing custom orders and improving Feedback,” Dickerson writes. “We’re also focused on creating more services like Etsy Wholesale, which help sellers expand into entirely new lines of business. We believe that Etsy should be a platform that helps businesses like yours at every stage, from starting out to expansion, and beyond.”
More on Etsy Wholesale here.
When it comes to making the world more like Etsy, Dickerson means meaningful partnerships related to making the world and local communities better places.
“It’s been two years since I stepped into the CEO role, and we’ve made a lot of positive progress,” says Dickerson. “At the beginning of July 2011, Etsy was on the verge of passing 10 million members, but not quite there. 95% of payments on Etsy were processed by a third party, and Etsy was an English-only website with no mobile apps.”
Etsy currently has 900,000 independent businesses selling goods.