pricing

Etsy increasing transaction fees to 5%

Have you heard the news? Etsy is increasing their transaction fees this coming July.

The transaction fee will now also apply to the full amount of the order, including any shipping charged. All other fees are expected to remain the same.

The rationale around the increase in Etsy’s transaction fee is that some sellers were disguising the total cost of their items via charging higher shipping fees. This change is designed to “level the playing field” to ensure that all sellers are encouraged to price their products accurately.

The tranaction fee will apply to any shipping fee charged, regardless of weither Etsy Shipping Labels were purchased.

For a simple example that illustrates the transaction fee change, for a sale of an $10 item with $2 shipping charged, the transaction fee will now be $0.60 (5% of the item and shipping price). The payment processing and listing fees will remain exactly as before.

This change is due to be applied on July 16 - Craftybase’s Etsy Seller Fee Calculator, Etsy Pricing Calculator and our built in Etsy Pricing Guidance features will all be updated to reflect this change on the same date.

Nicole Pascoe Nicole Pascoe - Profile

Written by Nicole Pascoe

Nicole is the co-founder of Craftybase, inventory and manufacturing software designed for small manufacturers. She has been working with, and writing articles for, small manufacturing businesses for the last 12 years. Her passion is to help makers to become more successful with their online endeavors by empowering them with the knowledge they need to take their business to the next level.

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