Showing posts with label Etsy sellers. Show all posts
Showing posts with label Etsy sellers. Show all posts

Wednesday, November 5, 2014

ART PRODUCT REVIEW - Etsy Card Reader

Etsy recently announced their own gadget for taking credit cards, but with a new twist from other card readers.  It's meant to sync with your Etsy shop and provide a branded smooth experience for your in-person sales.  I got mine in the mail yesterday (it's free if you request one) and put it through a quick test run.

Packaging


First off, their packaging was excellent, as I would expect from the premiere handmade marketplace.  I got a few ideas just from their clever and simple presentation.

Here's the envelope it came in.  I love the idea of a branded envelope sticker.


The reader itself came in a sturdy reusable custom cut box made of what looks like composite wood.  Again, I love the brand consistency of the reader and insert cards with the orange and white.



Extra bonus!  The box itself has a slot on the underside where you can place the card to make a stand up sign.  One side of the card shows that you take credit cards while the other side is a "I'll be right back." sign with a spot for you to write in shop's address.


The Nuts and Bolts


I ran two test transactions, one of an item which was already up in my online shop and another which was a new 'quick sale' item not already present in my online shop.

You will need to let the app access your location and your microphone.  Your location is recorded and inserted into the receipt e-mailed to the customer later on, should they elect to receive one.  The hub of the app looks like this on an iphone.


You can control your inventory from within the app, which connects to your online Etsy shop (ie. renewing listings, creating new listings, putting your shop on vacation, checking orders, etc.).  The app is available for both Android and iOS markets, but not for the iPad, oddly enough

Be aware that a minimum $1 transaction is required for a customer to use a credit card.  You can also set your sales tax rate in the Settings so that this is automatically calculated when making your sales.  The funds from your credit card are added to your Shop Payments account (the same place as your Direct Checkout funds), so you will need to wait the usual time for the money to be deposited after your sales.  This usually isn't more than a couple of days, in my experience.

When selling an item in-person that is also in your shop:

  •  You choose the item in your online shop to sell in-person via a list.
  •  The shipping fee is automatically waived when an item is sold in-person.
  • The item is also removed from your online shop when it is sold, which will help save headaches on syncing inventory automatically instead of manually (ie. if you've ever had an item sell while you're out at an event and had to deal with the headache of explaining that it sold when you get back home).
  • There is no Etsy transaction fee like there are for online sales, only the credit card processing fee, which is comparable to other readers (2.75%).


When selling an item in-person via a quick sale where you type in a brief description and cost:

  • It is still counted towards your sold items stats, but only you as a seller can see those transactions in the Orders section of your shop.
  • There is no transaction fee or listing fee, only the credit card processing fee.


Promotional Automation


Now here's the really powerful feature of this reader.  After you make your sale and get to the point at which you can offer your customer an e-mail receipt, there is a checkbox which is automatically selected (you have to manually deselect it). The checkbox says this:


After you make the sale and the customer elects to be e-mailed their receipt and is opted in to Etsy's updates about your shop, the customer will get an e-mail like this:

Location map blurred for privacy.

I've asked my test customer to let me know what kinds of e-mail he receives in the future so I can see just how often these e-mails are sent out and what kind of info they include.  I will edit this post with an update once I know more about these communications.

Why is this powerful, you ask?  The items suggested at the bottom of the e-mail offer the customer a tantalizing glimpse at your other items, some of which they might be interested in that you might not have had on display where they were shopping in-person.  Because these images actually link to the items, they encourage further purchases without the seller having to lift a finger.

This e-mail communication is a powerful addition to simply handing out a business card, since business cards are easily lost and most shoppers require repetition of information before they truly retain that information.  So far, this is the only e-mail my test customer has received, which gives me hope that these won't turn into spammy communications.

Also, Etsy's current online market doesn't have a function that lets you automatically add your past customers to a mailing list, which is a feature I've always wanted.  I currently have to first ask for the customer's permission to add them to my mailing list, then add them in mailchimp manually, which takes up valuable time I could be working instead.  My newsletter only goes out once every 3 months, so I am curious to see how often this Etsy-managed newsletter will be sent out and how they might mesh with the information I already send out in my newsletter.

Bottom Line


The Etsy card reader doesn't do anything vastly different from other card readers, but it does allow powerful synchronization options between your online Etsy shop and your physical inventory that could save you time if your Etsy shop is your main outlet for sales.

It also allows for promotional automation that doesn't require you to lift a finger, saving you time, especially if you do not yet send out your own newsletter yet.

More updates to follow when I have them!

Thursday, August 20, 2009

eBay vs Etsy - Which better serves the Artist?

So you've finally got enough artwork to want to try and sell some to others, you've finally braved that dangerous copyright void that is the net, and you've finally decided it's time to try out the e-market. It's almost a given that in trying to find a place to sell your work online, you've run into the names eBay and Etsy.

For those who haven't heard of them, here's a quick rundown of what they are:

eBay, The World Marketplace - eBay is the most popular auction style marketplace on the web. It offers you the ability to put up just about any kind of item you can think of for auction for a small listing fee. eBay serves international audiences as well, with several sister sites dedicated to specific countries.

Etsy - The Homemade Marketplace - Etsy is newer than eBay, but has grown in popularity recently due to the latest reports of success of its members. Unlike eBay, however, this online marketplace is dedicated to all things handmade (or suppliers of things to aid in the process of crafting things) and is not auction driven, but utilizes fixed price listings. As long as you have a credit card, you can sell on Etsy, no matter your country of origin. By handcrafted, I mean jewelry, artwork, sculpture, etc which are made by hand.


The Pros & Cons of Ebay

Personally, I only occasionally use eBay to auction off random original art, ACEO's (which are something of a fad on eBay right now), and ladder style commission auctions. I do not recommend the eBay Shop feature unless you are sure you can offload a high volume of art (see my eBay Shop review).

eBay has changed a lot since its inception. Nowadays, it's far easier to sell artwork than it used to be thanks to their new policies. Here are some things to think about if you're considering selling your art on eBay.

Pros


  • Cheap Listings & Image Features - The latest selling policies at eBay allow a seller to post five free listings a month. You only pay the final value fee IF your item sells. Also, you can add free gallery images to your listings in the art categories as well.


  • High Volume of Visitors - Being the world's largest online marketplace means you are naturally bound to get views on your auctions. You never know who's looking when. However, this is a double-edged sword (see Cons)


  • Cons


  • Payment Scams - Within the first few weeks of using eBay recently, I had an issue with people trying to scam others on eBay using my name and email (via the eBay messaging system) (these problems were solved, but still annoying). There's also a high amount of payment fraud going around involving checks and money orders, which eBay no longer allows as a payment method for the Art categories. You must have Paypal, Propay, or other payment methods set up in order to accept payment on Ebay.


  • Getting Lost in the Crowd - It's easy to get lost in the crowd unless you have exceptionally stand out work. Again, you never know who's looking, despite the high amount of competition. Someone might see your work and connect with it regardless of others which are up for sale.



  • The Pros & Cons of Etsy

    I have become a more avid user of Etsy, of late, due to its cheap listing fees and heartfelt community. When you buy something on Etsy, there's a warm fuzzy feeling that comes from knowing that each item was lovingly hand-crafted by an artist such as yourself. There's a great artist-to-artist atmosphere with an administration that really seems to care about what we think as users.

    Etsy has filled the void that I had when I closed my eBay Shop. I can post here without worrying about the next subscription fee that may or may not be covered by my sales. They're a relatively new site with a bright future ahead of them.

    Pros

  • Cheap Listings & Advertisement - You don't get free listings like you do with eBay, but at 20 cents for a 3 month listing, the investment risk is minimal. I can maintain my entire shop's worth of necklaces and art for $10 or less every 3 months. Also, if I want added publicity, I only need to pay $7 for a Showcase that features my art at the front page browsing for the specific category I choose to showcase.



  • Fun Widgets - Etsy allows you to link from your websites and blogs with widgets that display thumbnails of your items in a nifty little bar. This doesn't seem like much to some, but the ability to cross-link is powerful! Especially when it's done in such an attractive way.


  • Cons

  • Low Capacity on Advertisement Slots - Nearly every time I've tried to buy a jewelry Showcase, the slots have been filled. It seems near impossible to buy a slot in some categories due to the low capacity of slots available.



  • Relatively Low Traffic - Compared to eBay, you're pandering to a much smaller niche audience of lower numbers. Most of the customers I've had on Etsy so far bought items because they already knew me from DeviantART, or randomly found me whilst searching Etsy for a gift or Halloween accessory. The amount of visitors here is lower, but again, you never know who is out there looking on the net! I am still building my presence on Etsy, as well.



  • Which One is Better?

    It all depends on what you want to sell. eBay has more viewers, but art (fantasy art in particular) does not sell well there currently unless you are selling it for less than $100. In some cases, art can sell for more, particularly for those who have already built up a following outside of eBay and believe their art is investment-grade (generally of the fine art genre).

    Etsy is a better solution for the artists who sell in smaller volumes and who want an audience who understands that their items are handcrafted and therefore aren't meant to be given away for a cheap price. Etsy is also more cost-effective for a storefront type of setting.

    In the end, why not use both? I plan to start utilizing my 5 free auctions a month to auction off original art just for the free publicity while still maintaining my Etsy and personal web shop as my main outlets.

    The key to art marketing and e-commerce is to combine your efforts to create the most effective results. I highly recommend trying both sites to see how they can work together for your art!