Etsy sellers broke new sales revenue records in the summer months with figures of $7.1 and $7.6 million in July and August. They’re therefore in good position to reach their publicly announced 2008 yearly target of $100 million.
In the first eight months the gross sales volumes surpassed the $48 million mark. The average sale price drifted to the $14.60 range. Etsy takes for itself 3.5% commissions on sales revenue and a 20 cent set up fee per product.
Most recently, Maria Thomas was installed at Etsy as new CEO. Two of the original founders left the company.
Related posts:
- Etsy Boss Rob Kalin Also to Take Back Seat
- Etsy Sales Update: $33.6 million in the First Half of 2008
Originally posted in German by Jochen Krisch, translated by Jason Soo.
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