I wanted to put this information out there for all of you who may be reluctant to have an account on Etsy to sell your hand crafted items. I find that selling items on Etsy is not all that expensive and is generally cheaper than the fees associated with art fairs and consignment.
So here’s the details on an item that is listed for $20.00 on etsy and then paid for with paypal.
- $20.00 item with $2.50 shipping and handling (charged on etsy)
- Total money paid by customer to paypal $22.50
- Paypal Fee (2.9% $22.50)+$.30=$0.95 fee
- Etsy Sale Fee 3.5%($20.00)=$0.70 fee
- Etsy listing fee =$.20 fee
- Actual cost of shipping for 1 oz package $1.31 fee
- Money Received = $19.34
Remember to add in additional cost for packaging/ overhead and all of those little other things that add up so quickly!