Between launching a wholesale program, purchasing a giant new office in Brooklyn and buying creative technology bazaar Grand Street, Etsy has had quite the growth spurt this past year. The online destination for indie crafters and vintage fiends now offers more than 25 million items in over a million shops, and at last week's holiday preview in New York, CEO Chad Dickerson told Racked that the company's about to see its best year yet. The preview showcased products from dozens of sellers and, not surprisingly, the merchandise was oh-so-Etsy.
Many companies say they want to change the world, but few elicit the kind of genuine emotion that the online handmade marketplace Etsy does. After almost a decade online, the site is now home to approximately 1 million active sellers from dozens of countries. From vintage-style furniture to eco-friendly jewelry to toddler craft kits, it's easy to get lost in the pages and pages of creative products. CEO Chad Dickerson is proud of what the Etsy community is able to provide for both sellers and buyers.
Etsy is acquiring Grand St., a curated marketplace that connects independent hardware makers with buyers. It's a sort of Quirky-Kickstarter-Etsy mashup that according to Etsy CEO Chad Dickerson shares Etsy's vision "the way making is changing." Co-founders Amanda Peyton, Joe Lallouz and Aaron Henshaw will join Etsy, but will continue to operate the Grand St. marketplace in the near term. Visitors to Grand St. have three options for getting their hands on the hardware under development by indie designer/sellers: preorder an item under development; beta test an item; or purchase goods that have made it to market.
Etsy CEO Chad Dickerson spoke before the Senate Steering and Outreach Committee last week in a forum on successful businesses in the United States. Amazon.com announced the Amazon Career Choice Program, an innovative new program designed to expand the choices available to its employees in their future careers, whether at Amazon or in another industry. This and more from around the web in today's ecommerce news roundup! eBay "Like what you see on TV? Buy it now," CNN, 7/20/12 CNN talks to eBay's Steve Yankovich about new technology allows TV viewers to buy what they see on TV -
Etsy reached a milestone over the weekend, reporting that on October 22, buyers had purchased $1 billion in goods since the site's founding. While that's small compared to eBay's gross merchandise volume, it's more impressive when you consider that a significant number of sales were items handmade by the seller. Etsy's CEO Chad Dickerson acknowledged that there had been a lot of changes made to the site recently, and said it would soon "lock down the site for the peak holiday season." However, he wrote in his sixth communication with sellers since taking the CEO reins 3 months ago,