00:01Assalamualaikum
00:02In this video, I would like to discuss a couple of things regarding Etsy's payment structure or fees
00:10I would like to discuss that
00:17You can use two types of Etsy
00:29You can say that it is similar to eBay
00:32If you are a regular seller
00:37Then Etsy will charge your listing fee to you
00:4220 cents per listing
00:46If you have a list which you will not create in Etsy
00:50Then you will pay $20 cents to Etsy
00:55Now the listing is valid
00:58It is about 4 months
01:03So, for 4 months
01:05The listing will expire
01:08Unless you will have auto-renew
01:11Now if you have auto-renew
01:14Then you will pay $20 cents
01:17If you have a listing
01:204 months
01:21If you are a list of Etsy
01:22On the same time, it will cost sale
01:23You have a list of the two weeks
01:27When it is selling, it will cost sale
01:30When it is selling, the listing will remain at the same time
01:32Your Etsy will charge $20 cents
01:36You will pay $20 cents
01:40You will charge $20 cents
01:42As you can say it
01:43On the other hand
01:45You can get 5% transaction fee which you can see
01:51It's a website, I'll give it a link
01:53Transaction fee will charge you
01:56When you have a sale, it will be deducted by 5%
02:01This tax or WET is exclusive
02:04If you are in the European region
02:07The taxes that you charge WET will be on top
02:11So, Etsy is basically this
02:15Payments, which I actually use
02:20Payments system will be used by Etsy
02:23Stripe or PayPal
02:24We will check how to use this
02:31PayPal
02:32Etsy will use your banking system
02:37It will deposit you to direct bank
02:38It will deposit you to your bank
02:43Every week
02:44This is for new sellers
02:45This is for 2 weeks
02:48When the seller is built
02:51Credibility builds
02:52Every week
02:54Payments will release
02:55The fee
02:57Now, Etsy Plus
03:00Etsy Plus is a store subscription
03:03You can tell
03:04eBay or Amazon
03:06You can tell
03:06If you have a store subscription
03:07Like eBay or Amazon
03:07So, Etsy Plus
03:09What does Etsy Plus do?
03:10What does Etsy Plus do?
03:10You have access to some tools
03:11You have additional
03:13Which you can see on this page
03:15But
03:16Two things
03:16In this important thing
03:17You will see
03:18You will see
03:18The fee
03:21You will see
03:22I will see
03:26The fee
03:27The fee
03:27The fee
03:27This fee
03:28Is
03:29The fee
03:31The fee
03:35The fee
03:36you can get back to the revenue that you pay.
03:38So, if you pay for 10 dollars,
03:40you can use 8 dollars,
03:47which normally is a regular seller,
03:50which can also use.
03:51If you use these two things,
03:53you can use it.
03:54In addition,
03:55there are additional options
03:56to give a custom web address.
03:57There is a restocking request.
04:00There is additional shop customization.
04:03And there are perks
04:04such as shipping boxes,
04:07who don't have drop shipping,
04:09who don't have shipping themselves.
04:10So, you can purchase a label in the US and UK.
04:13So, you can also give them some additional discounts.
04:18So, this is the overall system.
04:20I recommend that
04:22you don't need to go to Etsy Plus
04:23as well as you don't need.
04:26If you are a new seller,
04:27you can use the standard seller package
04:29which is free.
04:32Unless,
04:32you will find that
04:33you will make a lot of listings within the initial
04:34first and second months.
04:37So, if you want to say
04:39that you will make 100 listings,
04:41then you will use $20.
04:46So,
04:47on that side,
04:49you can consider it.
04:50But, ultimately,
04:51you will also charge it.
04:51You will also charge it.
04:53So,
04:53you will also charge it.
04:55And,
04:55go to the standard seller
04:58to go to the initial level.
04:59There is no need to purchase package.
05:02And,
05:02Etsy will be clear
05:04when you have sales.
05:06So,
05:06it will be clear
05:06that you will see
05:08your account balance.
05:10And,
05:11it will be released in one week.
05:14Vahashupriya.
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