etsyshop

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“Last year, Odio-Sutton opened a second Etsy shop — selling downloadable event materials, like sign-up sheets and schedule templates — that’s brought in $17,200 in sales so far in 2024. And in June, she moved into a part-time role at the publishing company that makes $40 per hour, 20 hours per week. She spends 10 hours per week on her Etsy shops, and often works from her laptop while sitting at her daughters’ gymnastics and swimming practice, she says.”

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“Consumers’ preference for lower-cost alternatives with limited discretionary spending power is leading to reduced spending and frequency on Etsy’s core marketplace, a dynamic that we do not see changing any time soon,” Wedbush analyst Seth Basham wrote to clients Thursday. “In addition, the competitive environment remains intense.”

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