Re:Etsy has ousted its CEO and is laying off 8 percent of it...
by munificent on Wednesday May 03, 2017 @01:16PM
(#14257876)
> Do you really think so, that people don't want, say,
> a unique piece of jewellery but just to pretend -
> through what appears to be a fraud on behalf of the
> seller - that some over-priced mass-produced jewellery is unique.
I guess you haven't been to Pier One.
People do want an authentic, unique piece of jewelry. But they also want something affordable. Sometimes, buyers are a little willing to believe what they want to believe to accomplish both of those goals. And there is no shortage of sellers who will tell them what they want to hear (i.e. lie) to enable that.
For buyers who really do want something authentic, achieving that requires trust in the seller. That trust is something Etsy used to have in spades, and it's something that's been dwindling over time.
People do want an authentic, unique piece of jewelry. But they also want something affordable. Sometimes, buyers are a little willing to believe what they want to believe to accomplish both of those goals. And there is no shortage of sellers who will tell them what they want to hear (i.e. lie) to enable that.
For buyers who really do want something authentic, achieving that requires trust in the seller. That trust is something Etsy used to have in spades, and it's something that's been dwindling over time.