{"id":29741,"date":"2022-04-12T14:37:02","date_gmt":"2022-04-12T19:37:02","guid":{"rendered":"https:\/\/brianjnoggle.com\/blog\/?p=29741"},"modified":"2022-04-12T14:37:02","modified_gmt":"2022-04-12T19:37:02","slug":"someones-not-up-on-economic-or-business-terms","status":"publish","type":"post","link":"https:\/\/brianjnoggle.com\/blog\/2022\/04\/12\/someones-not-up-on-economic-or-business-terms\/","title":{"rendered":"Someone&#8217;s Not Up On Economic or Business Terms"},"content":{"rendered":"<p>In a story <a href=\"https:\/\/www.ozarksfirst.com\/local-news\/etsy-sellers-strike-back-creators-fed-up-with-fee-hike\/\" target=\"_new\" rel=\"noopener\">Etsy sellers strike back: Creators fed up with fee hike<\/a>, we have this bit of business ignorance:<\/p>\n<blockquote><p>During the month of November 2020, McGrath made $44, however, Etsy took $28 from that profit. She stated she sees no logical reason for the company to be taking so much of a seller\u2019s profit.<\/p><\/blockquote>\n<p>It&#8217;s not a profit until you&#8217;ve accounted for all the costs of the business, such as transaction fees by the marketplace.<\/p>\n<p>As you might know, gentle reader, around the turn of the century, I was a very active Ebay seller.  I would spend Saturday mornings at estate sales and garage sales picking up books, old games, computer things, electronics, and music to list throughout the week.  <\/p>\n<p>However, I left the service because fees were going up, Ebay bought PayPal and wanted you to accept payment through it (with additional fees), and basically it went from being a seller&#8217;s market to a buyer&#8217;s market.<\/p>\n<p>I&#8217;ve been kicking around the idea of getting a booth at the antique mall to put some of the various bric-a-brac that I&#8217;ve gathered and some of the crafts I&#8217;ve done and put in boxes in the garage.  It seems more straightforward than messing around with the online services again.  But I&#8217;m not entirely convinced that I would make enough in sales every month to warrant it&#8211;or to keep it going long term&#8211;and, to be honest, if I did sell a bunch of things, whether I could find\/make enough to keep it going.<\/p>\n<p>I guess I will find out sometime if I get around to actually doing it.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a story Etsy sellers strike back: Creators fed up with fee hike, we have this bit of business ignorance: During the month of November 2020, McGrath made $44, however, Etsy took $28 from that profit. She stated she sees no logical reason for the company to be taking so much of a seller\u2019s profit. [&hellip;]<\/p>\n","protected":false},"author":3334,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-29741","post","type-post","status-publish","format-standard","hentry","category-life"],"_links":{"self":[{"href":"https:\/\/brianjnoggle.com\/blog\/wp-json\/wp\/v2\/posts\/29741","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/brianjnoggle.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/brianjnoggle.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/brianjnoggle.com\/blog\/wp-json\/wp\/v2\/users\/3334"}],"replies":[{"embeddable":true,"href":"https:\/\/brianjnoggle.com\/blog\/wp-json\/wp\/v2\/comments?post=29741"}],"version-history":[{"count":1,"href":"https:\/\/brianjnoggle.com\/blog\/wp-json\/wp\/v2\/posts\/29741\/revisions"}],"predecessor-version":[{"id":29742,"href":"https:\/\/brianjnoggle.com\/blog\/wp-json\/wp\/v2\/posts\/29741\/revisions\/29742"}],"wp:attachment":[{"href":"https:\/\/brianjnoggle.com\/blog\/wp-json\/wp\/v2\/media?parent=29741"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/brianjnoggle.com\/blog\/wp-json\/wp\/v2\/categories?post=29741"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/brianjnoggle.com\/blog\/wp-json\/wp\/v2\/tags?post=29741"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}