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homecraftframing

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Reply with quote  #16 
Quote:
Originally Posted by ArtsyCrafteryStudio


So if Etsy is sold you will leave altogether? Also, who do you think it would be sold to and why? Any thoughts?


Hi Craig,
I believe Etsy has shot themselves in the foot with this final stunt.  They forgot that Etsy does not have anything to sell without their sellers.  During the time Dickerson was in charge, he pulled the wool over many people's eyes but especially the employees who were catered too on a daily basis.  They were employed to do a job they had no idea how to do, because everyday the job changed.  These changes were filtered down to the sellers who were always putting out fires in their shops, instead of making products to sell.

Even though I opened my shop in November of 2009, I did not really start selling until November of 2011.  During this time I was learning how to figure out the search engine and I was doing pretty well until Dickerson decided to go public.  Then he got his AH HA Moment when the investors wanted ROI and he did not have the funds to pay the dividends.  That is when we started seeing the buy/sell junk from China and the decline in sales in many shops started slowly. 

Along with the junk from China, Etsy started the Search Engine games, forcing the sellers to pay to play.  They gave the IT department free hand in changing the search engine all day long, everyday.  So you know, my products were on the first page for all the keywords I used.  Therefore,
from November 2011 until May 2016, I had $34,849.05 in sales.  This was on Keywords only, no promotional ads just hard work and work of mouth.  I was not a Fortune 500 seller but I was working my way up to being a pretty good seller.  I am not sure if Etsy realizes, but if the sellers do not make money, then they won't either.

Over the years Etsy has used several buzz words to get the sellers to fall for their tricks.  They insisted we be Transparent but they did not know the meaning of the word for themselves.  We were told that customer service is paramount but we were not afforded the same courtesy.  

There is no excuse for screwing up the foundation of your business and Etsy did this on a daily basis. If you want a successful business, you need to employee people who have the skills and abilities to do the job.  So unless Etsy finds these people with business savvy that will make changes that will not only benefit themselves, I highly doubt I will be returning to their venue.  Besides why would I want to do business with a company who does not have excellent customer service and I was Etsy's customer.  

As for whom might buy Etsy?  The only one I would think might be interested would be Alibaba but then why would they want it if they have their own website.  Besides it would be like buying the Titanic after it sunk. 

I am not sure there is such a thing as loyalty anymore but I would sure like to trust the Venue where I open my shop.  I guess I am at fault, because I put all my eggs in one basket.  Although, I am someone who likes to work hard at one thing and do it well.  Besides, I want my customers to know they can count on finding me when they need a picture frame.  I want to make sure my customers can trust me.

I'm sorry I have gone long with this reply but I want to be up front with you.  I know you are struggling to build a website that is easy for yourself, us sellers and of course the customers.  If you are willing to work hard to make this happen then so am I.  If I can help in any way, just let me know.
Thank You,
Dona Hepfinger
Homecraft Framing
 


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kohagww248

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Reply with quote  #17 
I just can't wait Aryah to grow as big as Etsy, but stay the the truth of handmade. I will definitely wait the day until we success.
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artyah

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Reply with quote  #18 
Hi Dona,

Thank you very much. I love your explanation. I thought that it is very informative. A lot of people (including me) do not know very much about etsy and the way that they operate.

It is good to know about success and failure too.

Failure helps us grow.

My Dad always said to me,
"Fool me once, shame on you.
"Fool me twiice, shame on me."

I am pretty sure that is how it went. That has always stuck with me.

Seems like Etsy has made mistakes and has not learned from them and the writing may well be on the wall for them as a lot of people are speculating.

I am very hopeful that after the new build we can really get going. I am sure that there is still a huge market for handmade products and I want ArtYah to be that true marketplace that people can shop at for handmade.

Thank you,

Craig

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SewNSewSister

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Reply with quote  #19 
"...and I want Artyah to be that true marketplace that people can shop at for handmade" (quoting part of Craig's last post). This is why so many of us are sticking with you through thick and thin. We are believers.
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ArtsyCrafteryStudio

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Reply with quote  #20 
Quote:
Originally Posted by Christine
Hasn't it already effectively been sold?   To all its investors who are probably changing over time as they buy and sell the shares ?

I was looking at some crochet items the other day to get an idea of what level others are pricing them at.  They were offering them for less than I can purchase the yarn and had them displayed in multiple colours and sizes and otherwise looking identical, all handmade of course (and knitted not crocheted as described).    No way were the quantities being offered made by one person with one pair of hands sitting in their home unless their days had a lot more hours than mine do and their weeks a lot more days.     I really hope that Artyah can remain truly handmade as this should be a big advertising and selling point.


That's a good point, because the shareholders have major stakes in the company now. It's not a private company anymore. I guess there could be an acquisition or merger or something.

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byEmilie

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Reply with quote  #21 
I'm sure there will always be a large market for handmade too. I've been on Etsy since 2009. The day they reinvented and gave the definition of "Handmade" a totally different meaning for their own gain ...to me ... was the day Etsy lost it's credibility. Having been in the selling of my own crafts and working within this cottage industry for well over 40 years ...that's a line one just doesn't cross to keep either a customer or artisan true to handmade. Hiring people to create your own product is manufacturing ...period, and no longer  has the same meaning as "HANDMADE". I certainly would love to see ArtYah to continue to grow and stay true to form. It will take time and $$$ and many of us know that.   
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ArtsyCrafteryStudio

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Reply with quote  #22 
Quote:
Originally Posted by homecraftframing


Hi Craig,
I believe Etsy has shot themselves in the foot with this final stunt.  They forgot that Etsy does not have anything to sell without their sellers.  During the time Dickerson was in charge, he pulled the wool over many people's eyes but especially the employees who were catered too on a daily basis.  They were employed to do a job they had no idea how to do, because everyday the job changed.  These changes were filtered down to the sellers who were always putting out fires in their shops, instead of making products to sell.

Even though I opened my shop in November of 2009, I did not really start selling until November of 2011.  During this time I was learning how to figure out the search engine and I was doing pretty well until Dickerson decided to go public.  Then he got his AH HA Moment when the investors wanted ROI and he did not have the funds to pay the dividends.  That is when we started seeing the buy/sell junk from China and the decline in sales in many shops started slowly. 

Along with the junk from China, Etsy started the Search Engine games, forcing the sellers to pay to play.  They gave the IT department free hand in changing the search engine all day long, everyday.  So you know, my products were on the first page for all the keywords I used.  Therefore,
from November 2011 until May 2016, I had $34,849.05 in sales.  This was on Keywords only, no promotional ads just hard work and work of mouth.  I was not a Fortune 500 seller but I was working my way up to being a pretty good seller.  I am not sure if Etsy realizes, but if the sellers do not make money, then they won't either.

Over the years Etsy has used several buzz words to get the sellers to fall for their tricks.  They insisted we be Transparent but they did not know the meaning of the word for themselves.  We were told that customer service is paramount but we were not afforded the same courtesy.  

There is no excuse for screwing up the foundation of your business and Etsy did this on a daily basis. If you want a successful business, you need to employee people who have the skills and abilities to do the job.  So unless Etsy finds these people with business savvy that will make changes that will not only benefit themselves, I highly doubt I will be returning to their venue.  Besides why would I want to do business with a company who does not have excellent customer service and I was Etsy's customer.  

As for whom might buy Etsy?  The only one I would think might be interested would be Alibaba but then why would they want it if they have their own website.  Besides it would be like buying the Titanic after it sunk. 

I am not sure there is such a thing as loyalty anymore but I would sure like to trust the Venue where I open my shop.  I guess I am at fault, because I put all my eggs in one basket.  Although, I am someone who likes to work hard at one thing and do it well.  Besides, I want my customers to know they can count on finding me when they need a picture frame.  I want to make sure my customers can trust me.

I'm sorry I have gone long with this reply but I want to be up front with you.  I know you are struggling to build a website that is easy for yourself, us sellers and of course the customers.  If you are willing to work hard to make this happen then so am I.  If I can help in any way, just let me know.
Thank You,
Dona Hepfinger
Homecraft Framing
 



I don't know a lot about it, but what happened to the money from the float, from all of those purchases of stock? The owners went public to acquire a huge stockpile of funds. They should have been able to pacify the new stockholders for a period of time. To me, the introduction of *handmades* resellers and *handmades* manufacturers  was due to the owners' greed, and began very soon after going on the stockmarket. Doesn't seem like enough time had passed for stockholders to have become disgruntled enough to force the owners' hands into inviting in manufacturers.

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homecraftframing

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Reply with quote  #23 
The stockholders saw the dividends being spent on building a fancy upscale office environment, money being spent on free lunches for employees, 6 month maternity leave for both men and women and so many other things that are too long to list.

https://www.glassdoor.com/Overview/Working-at-Etsy-EI_IE42751.11,15.htm

When a company's CFO leaves the company that is paying top dollar salaries, she knows something smells fishy in Denmark.  She does not want to put her signature on the Quarterly SEC reports, because these reports are false.  
 https://seekingalpha.com/pr/16756689-etsy-inc-reports-fourth-quarter-full-year-2016-financial-results 

More Articles:
https://www.businesswire.com/news/home/20170502005999/en/black-and-white-Capital-Calls-Change-Easy

http://www.businessinsider.com/etsy-ceo-stepping-down-earnings-layoffs-2017-5

http://www.classactionsnews.com/investments/etsy-securities-fraud-class-action-lawsuit 
 
https://www.ktmc.com/new-cases/etsy-inc

https://seekingalpha.com/article/4052072-etsy-reasons-cautious  You cannot read the full article unless you have the Pro account but they left the Comments for you to read and some of these people are Investors as well as, Sellers.

You can go to the forum on Etsy and read how things are playing out for sellers and buyers there.  Although, I have notice they have removed Threads that does not show Etsy in a favorable light.  https://www.etsy.com/forums.

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byEmilie

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Reply with quote  #24 
.... and than there's this latest from the  forums about the previous CEO of Etsy.https://www.etsy.com/teams/7722/discussions/discuss/18580814/page/1  Pretty sure this won't last long within the forums.
A lot of bitterness already ... 

 https://blog.chaddickerson.com/2018/01/05/why-im-launching-a-newsletter/ 

Have to say tho' this whole thing that many of us have experienced first hand is a lesson to be learned and I think that is the most positive thing anyone can get out of all the fracas about redefining "handmade" for ones own benefit, Etsy going public, trying to please everyone  ...etc.

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" Success in any endeavor does not happen by accident. Rather, it's the result of deliberate decisions, conscious effort, and immense persistence ... all directed at specific goals."

"Chase the dream ... not the competition."

https://www.artyah.com/seller/byemilie
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homecraftframing

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Reply with quote  #25 
Since Chad was fired, I doubt he is able to find a job.  I guess he has a lot of time on his hands to blow smoke up his own tuchus.  Now he is looking for sellers who are still clueless, so he can continue with his musings.

https://www.ecommercebytes.com/C/blog/blog.pl?/pl/2013/8/1377528422.html 

Here is some information that gives you a breakdown of importance of the top employees.
https://www1.salary.com/Chad-Dickerson-Salary-Bonus-Stock-Options-for-ETSY-INC.html

https://www1.salary.com/Kristina-Salen-Salary-Bonus-Stock-Options-for-ETSY-INC.html

https://www1.salary.com/John-Allspaw-Salary-Bonus-Stock-Options-for-ETSY-INC.html

https://www1.salary.com/Linda-Kozlowski-Salary-Bonus-Stock-Options-for-ETSY-INC.html

https://www1.salary.com/Jordan-Breslow-Salary-Bonus-Stock-Options-for-ETSY-INC.html


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