Etsy announced the pricing for Etsy Wholesale for when it launches publicly this summer. There will be a one-time joining fee of $100 for sellers, and the company will get a 3.5% transaction fee for wholesale purchase orders, the same as those for Etsy.com.
"Part of Etsy’s goal is to help sellers grow, and help them reach their vision of success, whatever that may be," writes Etsy's Camilla Velasquez in a blog post "For some, success is making enough to cover their bills or for a fun family outing; for others, it’s about fulfilling a creative passion. But for many sellers who have built sustaining, full-time businesses on Etsy, Etsy Wholesale is a way to support their continued growth. What we’ve built is a direct reflection of listening to the needs of our growing community of shop owners ready to take their businesses to the next level, and it complements a traditionally seasonal pen-and-paper practice."
"In addition to facilitating orders between sellers and independent boutiques, our partnerships with large retailers such as Nordstrom, West Elm and Indigo have presented wholesale sellers with new opportunities to scale up and expand their audience," she says. "Etsy-sponsored events with tradeshows like Capsule, American Craft Council and the National Stationery Show (coming up in May) have further extended the reach of sellers doing wholesale."
If you're interested in signing up as a seller, you'll probably want to peruse this FAQ. There will be a lunch event in August.
Image via Etsy