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.
@FieldofDandelionsJMJ4 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.
@shonp37615 ай бұрын
i got my approval today, and am super excited
@CleanTactix5 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.
@Dzb8522 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?
@CleanTactix2 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.
@julieann51965 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.
@Arieltheonly5 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
@godschildyes3 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! 😮
@DoodliStudio3 ай бұрын
Now its $26 on Etsy
@Arieltheonly3 ай бұрын
@@DoodliStudio Etsy is just getting worse and worse that’s crazy.
@DebzArtz2 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-eire5 ай бұрын
Where would you start if you've never had an Etsy or GoImagine?
@pamwaldron35045 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?
@copperhummingbirdbynancybi93075 ай бұрын
The off-site ads are 12% and 15%, not 10% and 12%.
@handmadeandbeyond5 ай бұрын
Thanks. I had a brain fart 🤪
@hollyegee21994 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.
@godschildyes3 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.
@stevemcardle20135 ай бұрын
Profit = $22.33 NOT $23.33
@Vonbrooks4205 ай бұрын
Could I get a breakdown on selling a $15 product on goimagine
@sharonalicea79985 ай бұрын
I think now is the time to join GoImagine. That said, don’t put your eggs in just one basket.
@seazestyt5 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.
@brucewelty76845 ай бұрын
That is arguable. Etsy seems geared toward the big buck items now.
@shonp37615 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
@DianaGascon5 ай бұрын
Thanks for this review LL. Do you have a "First Month Free" goimagine affiliate link?
@danielajohnson1773 ай бұрын
How about Square online?
@artgal73 ай бұрын
What kind of SEO assistance does GoImagine offer with membership?
@KittyKorner-om3ie5 ай бұрын
Doesn’t the customer pay shipping anywhere you sell?
@elisekolic66495 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?
@ninjaturtle3654 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.
@godschildyes3 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-Art5 ай бұрын
is there POD on GoImagine? like you upload your design and they do the rest?
@Nclk6195 ай бұрын
Hahaha nope! Goimagine is for people doing things with their own hands
@califmike200320 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.
@ConfuzedturtleprojectАй 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.
@soapyfluffs3 ай бұрын
Can you breakdown cost go with a website and switch off shopify.?
@handmadeandbeyond3 ай бұрын
Do you mean costs associated with a Shopify site vs Etsy?
@soapyfluffs3 ай бұрын
@@handmadeandbeyond Yes ! I AM considering the jump from shopify to mosiac
@natapo96374 ай бұрын
Why only created in United States?
@heatherperkins58815 ай бұрын
Thank you!
@Dzb8522 ай бұрын
My Community Made & Mercari has 0% fees for the seller.
@zenmode885 ай бұрын
No traffic.
@Nalagrace135 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.
@kaistockman64435 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.😢
@handmadeandbeyond5 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.