Cost of Selling Items on Etsy 2021: How Payment Works // Full Explanation with Example! 💰

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How much does it cost to sell on Etsy? Starting an Etsy business involves knowing the ins and outs of how Etsy payments work and also the cost of selling items on Etsy. In this video, I talk about the main ways to get paid and what fees are involved when you sell an item on Etsy (we’ll go through an example together which will illustrate for you how much profit remains!).
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Thanks for watching this video on the cost of selling items on Etsy!
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#etsy #etsyshop #etsytips

[@iyounghyun]

Hey guys, i’m writing down the timeline for those who need specific information: 0:56 How you get paid 5:54 Listing Fee 7:33 Transaction Fee 8:34 Auto-Renew Sold Fee 10:19 Multi Quantity Fee 12:06 Etsy Payment Fee 14:55 Additional Fees 20:32 Examples

[@margievanhandel259]

Have No idea how someone can give you a thumbs down. You are so informative and a really great teacher. Thank You

[@jennifertorres9432]

Great video! Thank you for the detailed explanation of Etsy fees!

[@rubydynamite2296]

Thank you! I am looking in to opening an Etsy shop and trying to learn what it takes. Your video is helpful in understanding the fee-system.

[@transdata3035]

Excellent breakdown and explanation, thank you!

[@LaVonDesigns]

Hooray! Thanks for the details!

[@gleamingtoke224]

Thanks for the information, it is really helpful.

[@merch6941]

First time I have every seen someone use PAINT for a demo. Bravo!! Great Vid

[@andrewfrost8866]

Excellent and informative content!!

[@JC-vd6nk]

Thank you so much for your video. It helps alot♥️♥️♥️

[@EszyInspired]

Super helpful, thanks!

[@loafdumpling3953]

thank you! as a visual learner, this was very helpful and I was able to organize an estimation of fees for my own products. honestly, I don't want to use etsy but I feel like as a new shop owner, it'll be the best place for traffic. as soon as I have a following though, I will leave etsy immediately. small art shops take huge hits from those fees.

[@saeedmousavizadeh]

👏 🌸I really don't know how to give my special thanks to you for all the efforts that you do to inform us about this complicated process 👏 🌸 THANK YOU !!!!!!!! 👏 🌸

[@astan3164]

Thank you for the valuable information. Based on all of those calculations, it appears that you'd only be potentially profitable selling on etsy if you have a big ticket item. It seems like the real winner is etsy with all these fees that add up to be what would be your entire profit 🤦🏾‍♀️

[@NicosW0rld]

That is so many fees. Thanks for this helpful video!

[@TeddyB1957]

Excellent video! Very informative.

[@EssetinoMedia]

Thank you Teddy, appreciate it 🙂

[@KeyserTheRedBeard]

cool upload Essetino Artists. I broke the thumbs up on your video. Maintain up the first-rate work.

[@nancyparker6494]

Very good tutorial!

[@EssetinoMedia]

Thank you so much!

[@yvonnemobley478]

Great info thanks 🌺

[@maryz2681]

Very helpful tutorial. Nice breakdown and information. Seems like an awful lot of fees to tack on but good to know.

[@EssetinoMedia]

You are very welcome! Thanks for stopping by!

[@teristeinborn4872]

Another great video! The fees can really add up especially when you're selling expensive handmade jewelry like I was / am (?) planning to do? Am I waffling now? YIKES!

[@monsieurpetlavedette9721]

Really relevant and clear thanks

[@EssetinoMedia]

Thank you, appreciate it 🙂

[@karbry9724]

Thank YOU soooo sooo MUCH!!

[@kittyhurt8216]

I love this Video, I would love to try to list on Etsy but there costs seem very complicated, after you make a sale do they have a page that shows your fees charged for that item. I don’t wand to keep track of how many times I have relished a item if I have a lot of different items listed.

[@Rose-inspirations]

Omg, the fees are ridiculous 😡.. when I first started I. Posted the prices in line with some other shops I saw. I actually lost money for each order..I was paying out of pocket, now I really understand why. I have raised my prices but my sales have dropped too.. I have to put them higher so I can create sales or I will never get ahead..

[@natalijab4570]

Can you please make a video for Canadian sellers to explain how to properly list the items on Etsy for2022. 🙏

[@bellam6511]

Horse poop.. I just watched the 2020 video on this. Ughhhhh lol you definitely helped me out though thank you!!

[@EssetinoMedia]

Lol, horse poop 💩- thanks for the laugh

[@heyitscleoo]

😍Great video. Told me everything.Also, what do you think is better Pattern(made by Etsy) or Etsy itself?

[@EssetinoMedia]

I haven’t used Pattern so I’d have to say Etsy.

[@michelleh.7880]

Your video is so helpful This is the first time I ever got a clear picture of Etsy fees .I have a question regarding transaction fees .What if you offer free shipping.Would that make any difference on your transaction fees

[@OsamaSafar97]

Always Keep it up 👏 ❤️ 🌸

[@EssetinoMedia]

Thank you for the support!

[@OsamaSafar97]

@@EssetinoMedia any time, just teach me how grow my channel fast.

[@littlepuff9172]

Wonderful video , How long does it take to get paid on Etsy? With the usd sample you used via bank account Etsy payments?

[@TarotMediumNow]

I assume that on the Stats page - where Etsy shows the fees - I then subtract the cost of my products and shipping costs and then arrive at my profit.

[@NatureZone101]

Thanks for the video. I came in specifically looking to see if you had a 2021 version. So basically in the US my fees are 8% plus $0.65 per every item if I have more than 1 item available, is that correct? Curious if the 365 days is "active"? Since Etsy wants to play hardball with that mandatory offsite ads thing, maybe people can go on "vacation mode" if they are close to $10,000 and only have a month or 2 left before their 365 days is over?? Would something like that work? Must be some way to play that game to avoid being forced into offsite ads at 15%.

[@a.i.interpretations]

Basically the Auto-Renew Sold fee just is just making sure they get $.20 per item sold on their store.

[@thelocqfam9377]

How about if you set discounted quantities for customer to choose from? Instead of quantity 1, 2,3,4 - it is 1 for $2, 3 for $5. Does Etsy still calculate the "auto renew sold" the same way? Thanks in advance!

[@justinamanfredi2033]

Hi! first of all thank you so much for all this information!. I was wondering, If I am currently in one of the eligible countries on the list for Etsy Payments, but there is the possibility of moving to another country that is not on the eligible list, which method should I choose?. Thank you!

[@denisemille5766]

Hi and thank you kindly for you updated information. I am inquiring if you can assist me with the shipping transaction fee. I am not sure I heard you go over this in your video . I see I am charged 5% on the cost of shipping for shipping items in my shop. Do you know about this? This looks like it is different from the 5% Transaction Fee. If you have any intel on this I would greatly appreciate it. Thank you again for sharing your time. Kind Regards!

[@KatrinaSherokee]

I guess the 4 month listing renewal makes sense if you want to sell items by season 🤷🏽‍♀️

[@ram_msd]

Can you please tell shipping price is applicable for digital downloadable products ?

[@sylviadumais4898]

Hello, I love your tutorials, I appreciate it and learned alot. I was wandering is there a way that I can offer a flat rate for canada but free shipping for US when they spend over $35 for example. I just find that when I offer free shipping for Canada i'm losing money because if I add it to my product it would be too expensive.

[@AzraelEnterprise]

I watch the 2020 version before watching this one. I can say that you did make the same joke in both videos, but went into more detail.

[@jeremiahbullfrog1844]

Thanks for the info, I feel that is way too much.

[@Bekind95]

Does the conversion fee come off of the $24.00 (I'm in Canada)?

[@blessyponnachen9528]

So when we r giving automatic renewal option , from which account does the 0.2 cents will be reduced?

[@nancyparker6494]

My question is: Do you save on fees by providing "free shipping", which has been factored in to the sale price? My items would be jewelry, so I could conceivably have a minimum shipping cost.

[@Lovelinesahib]

@Governor of Galicia hi😊 soo if I understand it's better to do your own thing... selling and shipping by your self... you don't recommend to use etsy ??

[@thednachannel6851]

Hello :) I am more curious about the taxes. I am in Ontario and want to start an Etsy shop. What does it look like when it comes to tax season? Does Etsy provide you any forms to file with CRA? Looking for some info before I start, hope you can help :) !

[@shootemup2269]

that's not even important.. etsy payouts would fall into self employment or either you open a business company through my service canada which would not be ideal since you don't even know if you will make any money or not so just start without worrying about taxes because if you make 200 300 500.. those don't matter. if you've started making into thousands.. then go ahead and open up a company and you would probably need to get an accountant to explain to you how that would work

[@albert9202]

hi, what if your Bank is located in one of the countries listed in the Etsy payment system but you are not in that country?

[@blessyponnachen9528]

So you mean to say that each product which I want to add in to my etsy shop, I will be charged with 0.2 cents . So every months only I can add new products to my etsy shop?

[@iamqueen6970]

How long is the current balance displayed held for ?

[@sanjeevshrestha2222]

Hi will Shipping cost is different when I buy 3 or is it same ? Thanks 🙏

[@RaphaClassic]

Eventually you will have to pay a fee every time a potential buyer visits your store

[@delainacarpenter8746]

Screw that!! Wow!!!

[@relaxingavenue1351]

If I have just created a store that allow me to list 40 free items, do I have to pay the listing fee for each item?

[@rohinidutta6858]

Such a informative video..thank you so much..from india❤️

[@EssetinoMedia]

My pleasure, Rohini 😊

[@iago4810]

Hi thanks for your video. I'm new to Etsy. Today I was checking my historical sales and it is 168. But Etsy has sent me only 132 euros. I don't know what to make of this, is this normal?

[@bestcoolmedia]

How to add Paypal to billing setup , i gonna sell digital download products. I'm from the Netherlands but the focus is on the USA market. But I see only credit card.?? I don't have . I want pay pall . Please help. I don't see PayPal options.

[@jocelynarcentales]

Is the .20 listing fee converted to CAD dollars? and okay, I saw it is, what is the converted fee price?? or does it depend on the converstion rates XD

[@Rose-inspirations]

If we are paying for AUTO-RENEW should that not be for another 4 Months? And if we are paying for the monthly Subscription should that not give us any benefit towards this?

[@idreamwithcindy1274]

I made my first sale last week. Made 53.70 only got 40.00. To me 13.00 is super excessive. More than 10% of the total sale, amazon you only pqy like 30.00 a month. Double thinking etsy or i might be doing something wrong.? Thank you for your videos♥️

[@lydie_chris]

So, it's 0.40c to list and not 0.20c, right? Because every time I sell, they are going to charge me 0.20+0.20 :/ I thought Etsy was for Small and Medium Businesses but after watching your video, i'm questioning my decision to sell on there.

[@sureshbalaji4091]

in Etsy using shop currency INR any difficult to pay the payment in europe and uk?

[@emojipan8943]

Under my "Amount Due", there is no "Pay Now" button. Please help.

[@dp-rb4ty]

Can I get money to my bank account directly without PayPal

[@dantealdo2724]

Hi, $0.2 for each product? Thanks

[@jeffgodsey2875]

Yes I'm out of hear I can ship my boxes for 16.50 my self to expensive for me

[@blessyponnachen9528]

At 13:13 ; what if I'm from India?

[@blessyponnachen9528]

In KZbin I could find lot of videos on how to get free listings on etsy . What does it mean?

[@roynazahro5892]

It means that if you open the shop with referral link, you'll get 40 free listings!

[@joelodell164]

I’ve made over $150 on Etsy including all of my fees and it’s been 4 days and I haven’t seen anything in my account. Do I just need to wait or is something wrong? I have it set to pay me every day and my bank account/card is correct. I also am not in a reserve so I’m very confused

[@vuepadin1320]

From what I read online, in order to be able to deposit your money the next day, you have to wait 90 days after opening a seller's account. So, if you just opened, you can't get any money the next day. And if you are still in within the 90 days, you have to wait 7 days to deposit your money.

[@Gloryofthereef]

@@vuepadin1320 that’s very helpful info, thanks!

[@confidentlilbean]

So, ifI understand correctly, if I sold a printable for $0.50, I would essentially make $.010 - $0.20 because of all the fees? 😒 Oh, no. With transactions I would I actually be making around negative 50cents. Sounds great. Not.

[@myrany8407]

ok I could be stupid but...How does the etsy payment system actually pay the seller. so they send it to a bank account? Paypal account? mail a check?

[@EssetinoMedia]

For the most part, you get paid directly to your bank account (some older shops may be getting paid via PayPal but Etsy has since made changes). Here’s another video where I talk about how long it takes to get paid: kzbin.info/www/bejne/f3uZkJl8jt-UkM0

[@myrany8407]

@@EssetinoMedia thanks much!

[@beverlyfeldman6080]

I thought you were great. Most so called experts are men or that crazy girl from New Zealand with that weird accent. You were marvelous. Thank you.

[@Grizzlyx9]

😂😂🤣😅 i think i know exactly who you're talking about.