goimagine VS. Etsy Costs

  Рет қаралды 11,364

Handmade & Beyond

Handmade & Beyond

Күн бұрын

Пікірлер: 59
@devinriver7529
@devinriver7529 5 ай бұрын
The only thing keeping me from going with Etsy is all the horror stories I hear about them randomly holding payouts, shutting down shops, and overall creating havoc for even their best sellers. It’s no way to run a business. I’d rather have less traffic than the uncertainty of being at the whim of the Etsy bots. Also not wanting to support that garbage energy.
@FieldofDandelionsJMJ
@FieldofDandelionsJMJ 4 ай бұрын
You also have to take out your state and federal taxes from the final amount paid by buyer including that shipping total. I became very successful on Etsy with my handmade pouches and had over 500 orders in 4 months. That put me at over $12,000 in 365 days and I was forced to be in their Offsite Ads. Once you hit their mark, you cannot get out of their program. Overall, Etsy was collecting 22% for themselves and then I had 30% of state and fed taxes. After material costs, there was little left for my time. I started my own shopify site and slowly getting business there. It's a drastic change in busyness, yet I'm working more for myself.
@shonp3761
@shonp3761 5 ай бұрын
i got my approval today, and am super excited
@CleanTactix
@CleanTactix 5 ай бұрын
Honestly half the reason to use these platforms is the sales tax getting taken care of. I already donate a small portion to charity with my business model. I like the idea of a nonprofit version of Etsy. Not to mention that Etsy isn't even handmade items exclusively anymore. Cool video. I may go this route, instead of competing for attention within Etsy and getting nearly the same traffic anyway.
@Dzb852
@Dzb852 2 ай бұрын
Do we still have to record it to our state sales taxes then if it’s taken care of already by the selling platform?
@CleanTactix
@CleanTactix 2 ай бұрын
You have to look at your Nexus but your state taxes you would still have to keep track of. Especially if you do any sales outside of the website locally.
@julieann5196
@julieann5196 5 ай бұрын
And don't forget, Etsy wasn't always that big, you have to start small and then grow. And don't forget now you have to pay a one time $15 fee to open an Etsy shop.
@Arieltheonly
@Arieltheonly 5 ай бұрын
That's crazy. Etsy has lost so many people since they increased the percentage a couple years ago. And it's just getting worse. I think I will sell on go imagine
@godschildyes
@godschildyes 3 ай бұрын
Wow! That is unbelievable! 😮 When I opened my Ersy store back in 2012, it was 💯 % free! I have never heard of any platform charging just to start up! 😮
@DoodliStudio
@DoodliStudio 3 ай бұрын
Now its $26 on Etsy
@Arieltheonly
@Arieltheonly 3 ай бұрын
@@DoodliStudio Etsy is just getting worse and worse that’s crazy.
@DebzArtz
@DebzArtz 2 ай бұрын
@@Arieltheonly Yes, it is. I did great on Etsy several years ago, but I've had a new store and have sold nothing.
@tracy-eire
@tracy-eire 5 ай бұрын
Where would you start if you've never had an Etsy or GoImagine?
@pamwaldron3504
@pamwaldron3504 5 ай бұрын
Does the 5% of the entire sale include 5% of the taxes they add and then remit? For every 15% total in fees, I must add 25% to my selling price to cover those fees so I can still make a profit and not donate my profits to a venue. i.e. earn enough money to cover my costs, pay my bills, keep my business running, feed my family, put some savings aside for emergencies and growth, plus pay income taxes. BTW, do they provide a statement of sales taxes paid for the year, and the location they were paid to?
@copperhummingbirdbynancybi9307
@copperhummingbirdbynancybi9307 5 ай бұрын
The off-site ads are 12% and 15%, not 10% and 12%.
@handmadeandbeyond
@handmadeandbeyond 5 ай бұрын
Thanks. I had a brain fart 🤪
@hollyegee2199
@hollyegee2199 4 ай бұрын
Do you think they’ll ever be able to advertise on TV or streaming before the Holidays like Etsy started doing? Buyers need to know about it enlarge.
@godschildyes
@godschildyes 3 ай бұрын
Much Agreed. I have never heard of goimagine until today. They need to do more outreach if they want more shop owners to sell on their platform.
@stevemcardle2013
@stevemcardle2013 5 ай бұрын
Profit = $22.33 NOT $23.33
@Vonbrooks420
@Vonbrooks420 5 ай бұрын
Could I get a breakdown on selling a $15 product on goimagine
@sharonalicea7998
@sharonalicea7998 5 ай бұрын
I think now is the time to join GoImagine. That said, don’t put your eggs in just one basket.
@seazestyt
@seazestyt 5 ай бұрын
Thanks that makes easy for me to make a decision. The small difference on fees is neglectable but ETSY brings huge traffic and Go Imagine brings almost nil when compared to Etsy.
@brucewelty7684
@brucewelty7684 5 ай бұрын
That is arguable. Etsy seems geared toward the big buck items now.
@shonp3761
@shonp3761 5 ай бұрын
not to mention go imagine is just about to start a marketing push. I would rather be in early personally. I am keeping etsy, but another platform is great
@DianaGascon
@DianaGascon 5 ай бұрын
Thanks for this review LL. Do you have a "First Month Free" goimagine affiliate link?
@danielajohnson177
@danielajohnson177 3 ай бұрын
How about Square online?
@artgal7
@artgal7 3 ай бұрын
What kind of SEO assistance does GoImagine offer with membership?
@KittyKorner-om3ie
@KittyKorner-om3ie 5 ай бұрын
Doesn’t the customer pay shipping anywhere you sell?
@elisekolic6649
@elisekolic6649 5 ай бұрын
I got all excited about Go imagine… till I realised you have to reside in the US to sell on the platform! 😢 I’m in Australia. Do you know if they will expand to other countries?
@ninjaturtle365
@ninjaturtle365 4 ай бұрын
They're working on expanding to Canada is what I heard. I'm assuming they're starting as close as they can and then expand more and more.
@godschildyes
@godschildyes 3 ай бұрын
That's the same way that I felt about Folksy. You have to be in the UK, and I'm in the US.
@RAMIRELLI-Art
@RAMIRELLI-Art 5 ай бұрын
is there POD on GoImagine? like you upload your design and they do the rest?
@Nclk619
@Nclk619 5 ай бұрын
Hahaha nope! Goimagine is for people doing things with their own hands
@califmike2003
@califmike2003 20 сағат бұрын
All the fees are good and charity is great, but their traffic is not even remotely close to Etsy and probably never will be, it's hard to dethrone a giant. The bottom line is traffic, lets get real here, and they dont have anywhere near the traffic.
@Confuzedturtleproject
@Confuzedturtleproject Ай бұрын
In my experience with marketing fees, they have taken 15% every time. And ONLY on my highest priced items. It's never an item that costs less than $40.
@soapyfluffs
@soapyfluffs 3 ай бұрын
Can you breakdown cost go with a website and switch off shopify.?
@handmadeandbeyond
@handmadeandbeyond 3 ай бұрын
Do you mean costs associated with a Shopify site vs Etsy?
@soapyfluffs
@soapyfluffs 3 ай бұрын
@@handmadeandbeyond Yes ! I AM considering the jump from shopify to mosiac
@natapo9637
@natapo9637 4 ай бұрын
Why only created in United States?
@heatherperkins5881
@heatherperkins5881 5 ай бұрын
Thank you!
@Dzb852
@Dzb852 2 ай бұрын
My Community Made & Mercari has 0% fees for the seller.
@zenmode88
@zenmode88 5 ай бұрын
No traffic.
@Nalagrace13
@Nalagrace13 5 ай бұрын
You missed a fee on Etsy, if you charge shipping instead of adding it to the price, you get another fee of 6.5% I sell on Etsy, but that fee is ridiculous I cannot charge shipping to every one of my items because people bundle, so to be fair I have to charge a separate shipping. On Etsy, you get punished for charging the stand-alone shipping which no other company does. This is pure GREED. I do sell on Etsy and will not stop selling on the platform just beware that Etsy does charge that additional fee.
@kaistockman6443
@kaistockman6443 5 ай бұрын
Yes, and I realized that if you sell to someone overseas, the shipping can be very expensive and so I have to stop selling international because I was losing money if people only bought one of my items, because I sell supplies some of them are only three dollars. And when shipping is over $20 6.5% of that takes way too much fees for something that is only three dollars. I’m not going to lose money to ship something overseas. Wish it wasn’t the case, but it is.😢
@handmadeandbeyond
@handmadeandbeyond 5 ай бұрын
Etsy charges 6.5% on the entire order price including shipping. This is because people try to get around the fee and will charge $1 for the product and $30 for shipping or something like that. eBay & goimagine do the same thing.
@johnmason4430
@johnmason4430 5 ай бұрын
Do they do digital downloads
@jonmath4182
@jonmath4182 5 ай бұрын
You lost me at 23.33
@handmadeandbeyond
@handmadeandbeyond 5 ай бұрын
I know what a dumbass 🥴
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