06/08/2025
Not only am I an accountant, I also have over 20 years of experience in online selling. I started with EBay and switched to Etsy probably ten years ago. So much has changed in that time. If you notice your bank account receiving transfers less and also in smaller amounts, you may be wondering what is happening. It could be due to Etsy’s Offsite Ads. That is what is happening to my store currently. In addition to paying for Etsy ads within the platform, I’m also being charged for ads outside of the platform. As well, there are transaction fees and I offer so called “free shipping” as Etsy steered all of its sellers in that direction a few years ago. They claimed your listings would not get the best traffic if you did not conform. I kept it this way to avoid all of the listing changes I would have to make. Bottom line, Etsy is changing. Check out the attached information to see if your store is affected. Can you opt out? I cannot. However, I have been exploring other options for online sales and feel it may be high time to pivot. How does this fit in with CK Bookworks? We can help you set up your online presence if you are new to the online markets available. We can also offer training to get your listings up and running. As well, we are familiar with sales tax issues and tax reporting for online marketplaces. How can we help?
Bottom line on this subject, if your sales have not grown as much yet, you may have the option to opt out.