We’ve been working hard to help ensure that Etsy’s the best platform for running your creative business. Please check out our recent announcement, where we introduced two important changes:
- The 3.5% transaction fee you pay when you make a sale is increasing to 5% and it will now apply to the cost of shipping:
We’re planning to invest even more in making Etsy the best place to run your creative business. This transaction fee update goes into effect on 16th July 2018.
- Get access to advanced tools with two new seller packages:
We’re introducing optional monthly packages that give you access to a suite of new tools designed for shops at different stages of growth. The tools you use today will continue to be available at no additional cost and you can switch packages at any time.
Standard [Tools available to use today]
Everything you need to start, manage, and grow a creative business
No additional monthly charge
Plus [Coming in July]
An expanded set of tools to help jump-start growth and express your brand
$20 $10 a month
Increases to $20 a month in January 2019
Premium [Launching in 2019]
Full set of advanced tools that lets you run your business like a boss
Pricing to be announced in 2019
Our optional monthly packages bundle all the tools you need to make your brand stand out and take your shop to the next level. You’ll have the option to upgrade to Etsy Plus in July.
Etsy Plus Features
Stand out with new ways to customise your shop
Take control of your shop’s look with customisable options, including new banner templates and featured listing options that put your products in the spotlight.
Tell shoppers your items are back in stock
Don’t lose a sale because of a sold out item. Email interested shoppers when the item’s back in stock and see which listings are most popular so you can plan your inventory.
Send customers to your own web address
Save 50% on a custom .com address or get a .store address for free for a year – it’ll add polish to business cards and make it easier for customers to find your Etsy shop.
Bonus listing and advertising credits
Get 15 listing credits and $5 in credit to advertise your items in Etsy search with Promoted Listings each month.
Save with discounts on custom packaging and promotional materials*
Get a special discount on custom shipping boxes, business cards, and other marketing materials from our partners and make your brand shine.
*NOTE: Available only in US, CA, EU, UK
Why is Etsy raising transaction fees?
We plan to invest more in bringing buyers to the platform, building tools that make it easier for sellers like you to run your shops, and providing the support you need to grow. To help make this happen, we’re updating our transaction fee. As always, our goal is to make Etsy the best place for running a creative business online, and we think these changes will make Etsy even better.
Why is Etsy applying the transaction fee to shipping costs?
It’s common in ecommerce to apply the transaction fees to shipping costs. It promotes fairness and transparency in the marketplace by removing the incentive for a seller to "hide" part of their pricing with a low price and high shipping costs.
Can you give me an example of what the new transaction fee would be?
After this change goes into effect, the 5% transaction fee will be applied to both the item price and cost of shipping. For example, the fee would be £1.65 on a £30 item with £3 shipping costs.
What about the listing fee, or the payment processing fee?
The $0.20USD listing fee and payment processing fees, which vary by country, will stay the same.
What if I don’t want to subscribe to one of the new packages? Do I need to do anything?
No action needed! Subscribing to Etsy Plus or Etsy Premium is completely optional.
Will I lose access to any of Etsy’s tools when the new packages are available?
No, you won’t lose access to any free or paid features that are currently available to you.
Can I keep using Promoted Listings or Pattern without paying for a package?
Yes! You can continue to use paid tools like Promoted Listing or a Pattern website a la carte without choosing a package.
Will sellers who pay for a monthly package get special treatment in Etsy search?
No, paid subscriptions will not influence how your listings appear in search.
What if I change my mind after choosing a package?
You can switch between packages or stop paying for a subscription at any time. You’ll pay for a subscription package on a monthly basis, and will be charged on the same day each month. If you choose to stop paying for a subscription package, you’ll have access to your Etsy Plus or Etsy Premium tools until the end of your billing cycle.
Have more questions?
Check out our Forums discussion thread here. We’ll be answering questions from the community.