According to this Infographic by 'MBAOnline,' Etsy is turning artists into entrepreneurs. There is a huge surge of interest in do-it-yourself projects and products, in fact Etsy has 15 million users to its site and 690,000 members join every month.
The company made a 71% sales growth between 2010 and 2011, which is absolutely incredible. Just to put things into more perspective, there are 875,000 shops, 13 million items and close to 3 million products sold every month. Etsy is giving eBay a run for its money with the rate of growth that it has seen in only six years. Etsy is also the most pinned site on Pinterest.
It is optimal for anyone to post their creations on the Etsy site, as it costs nothing to set up a profile. However, the company does get a 3.5% cut of the sales made. Considering the amount of free exposure and the profitability, it’s totally worth it.
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