Read more: Etsy Eyes Latin American Expansion With Second Acquisition This Month
Each business continues to have its own CEO and its own operations, but Glaser said Etsy is starting to look for operational optimizations, such as legal and finance departments, as well as payment options for customers. Though Etsy’s separate acquisitions of resale platform Depop and Brazilian handmade marketplace elo7 are barely two months old, the company is wasting no time integrating them.
Habitual buyers, defined as those who purchased on six or more days and spent at least $200 in the past year, grew 115 percent year over year, making this Etsy’s fastest-growing customer segment.Įtsy’s consolidated gross merchandise sales (GMS) were $3 billion in the second quarter, up 13 percent year over year sales on Etsy’s own marketplace, as opposed to those made through subsidiaries, were $2.8 billion, up 14 percent. New buyer growth has decelerated in recent months, particularly in the U.S., but that slowdown has been offset by a growth in sales per active buyer. Related: Etsy Says eCommerce Will Decelerate Even As New And Repeat Buyers Soar Etsy’s core customer base is currently Generation X and millennial women. “There’s a lot of people who still haven’t experienced Etsy,” he said, as well as new demographics, such as men, that the marketplace is starting to lean into. Silverman added that he still sees opportunities for more consumer growth, even in the U.S. “Even in the face of this renewed abundance of choice, again and again shoppers chose to return to Etsy,” CEO Josh Silverman told analysts and investors on a conference call, noting that Etsy’s total customer base is now approximately 90 million.Ĭhief Financial Officer Rachel Glaser added that “all signs indicate” that customers who found Etsy during the pandemic “are at least as valuable as those we acquired prior to the pandemic.” Another four million buyers were reactivated after not making a purchase on Etsy in over a year. In fact, in the second quarter, Etsy added eight million new customers to its ranks, almost double the number of new buyers it was adding per quarter prior to the pandemic. For anyone who is looking for one, I just bought it from the HeroPropsStore on Etsy.Despite concerns that consumers who flocked to Etsy at the height of the pandemic would disappear when more shopping options became available, executives at the online marketplace say they’ve seen nothing to suggest that is happening. If you're fully vaccinated against COVID-19 ( bless), then you've by now realized that proof of your Pfizer, Moderna, or Johnson & Johnson shot comes in the form of a small vaccine record card-a card that, despite its importance in reopening the economy and traveling, is made of very easily damaged paper that's small enough to lose-but somehow large enough to not fit most wallets. Maybe you've laminated the card, but doesn't this most valuable of documents deserve just a little more protection than tape? They say it should arrive between May 12-19. Luckily, like face mask chains before them, the internet's enterprising retailers have answered the moment with a slew of great vaccine card holders. These clever vaccine record card protectors are designed specifically to fit your four-inch-by-three-inch card, and furthermore, they address any of your specific personal needs: Some are waterproof and clearly display your card with the ability to clip onto a lanyard or keychain, some double as wallets, while others can protect both your passport and your vaccine card, should you want to travel abroad or simply store these important documents together.īelow, we've rounded up 17 of the prettiest, most durable vaccine card holders.
Etsy is currently the de facto monopoly on handmade items, at least in the US if not the world. Whatever your needs, whether you need vaccination proof at a restaurant or for work, you'll find options in all manner of materials, styles, and sizes-so you never need worry about keeping your vaccine card safe.
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