Etsy has ousted its CEO and is laying off 8 percent of its staff

Re:Etsy has ousted its CEO and is laying off 8 percent of it... by afarrell on Wednesday May 03, 2017 @04:13AM (#14253889)

They are cheaper for sone things: my wife and I bought our wedding rings from there for a fraction of the cost of going to a jewelry store. Plus, in the case of both the the style of rings we wanted and also bum bags (I'm forgetful and women's clothes don't have pockets), some goods aren't available anywhere else.

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Re:Etsy has ousted its CEO and is laying off 8 percent of it... by nommm-nommm on Wednesday May 03, 2017 @06:17AM (#14254393)

But can you get those same rings for cheaper on AliExpress or eBay or Walmart or discountringsdirectfromchina.com or something? The point is you're going in with the expectation of a handcrafted item whereas half the stuff comes straight from a Chinese factory. The market for mass produced items is pretty saturated with many options, Esty originally differentiated itself with hand made items and buyers are willing to pay a premium for handcrafted items.

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Re:Etsy has ousted its CEO and is laying off 8 percent of it... by maccard on Wednesday May 03, 2017 @05:36AM (#14254202)

> They are cheaper for sone things

Cheaper than what, though? High street stores? sure. Without commenting on your specific example, the point is that much of the "hand made" stuff is just purchased from AliExpress and sold on with a markup, so it would have been cheaper for you to have bought it from AliExpress

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