etsy business model and revenue model
What is Etsy’s business model and revenue model?
Answer: The Etsy is more than a marketplace that endorses community of artists, creators and many such creative personalities. The business model of Etsy is creative and innovative one that is attractive towards new generation. The business focuses over handmade items for those creators who want to sale it directly to customers. The each sale-listing price is $0.20 and after every sale is being done about 3.5 per cent, commission is being charged by platform.
How does Etsy’s Brooklyn headquarters depicted in the video reflect the culture and
Values of the company?
Answer: The value of company towards culture is about giving value and value transition is only possible with empowering people. The innovative platform can see people with new paradigm and thought for people who are there with exact information and associations. The relationship with people is being facilities by platform.
Video Case Question On Etsy: A Marketplace and a Community By: ABC Date: What is Etsy’s business model and revenue model? Answer: The Etsy is more than a marketplace that endorses community of artists, creators and many such creative personalities. The business model of Etsy is creative and innovative one that is attractive towards new generation. The business focuses over handmade items for those creators who want to sale it directly to customers. The each sale-listing price is $0.20 and after every sale is being done about 3.5 per cent, commission is being charged by platform. How does Etsy’s Brooklyn headquarters depicted in the video reflect the culture and Values of the company? Answer: The value of company towards culture is about giving value and value transition is only possible with empowering people. The innovative platform can see people with new paradigm and thought for people who are there with exact information and associations. The relationship with people is being facilities by platform. The empowering people mean to generate a new and consistent community that considerable for culture as well. How important is “community” at Etsy? Visit Etsy’s Web site and describe all of its community-building features. Answer: The community that needs success at individual level sees Etsy as community driver of change. The change driver is about to show that community can show success and success elements in big paradigm. The mission of buying and selling is not entirely about revenue. The revenue model is being treated only social aspect and Etsy web-based information is sufficient for community as well.