Thousands of e-commerce sellers go on strike over ETSY transaction fee hike

More than 15,000 Etsy sellers are going on strike today. The online marketplace, known for selling handmade and designer items, announced they would be increasing transaction fees from 5% to 6.5% starting today, April 11th, meaning ETSY will start taking a bigger cut from sellers. The official #EtsyStrike and it’s supporters on Etsystrike.org demands include: Cancel the fee increase.Crack down on resellers with a comprehensive plan that is transparent, so sellers can hold Etsy accountable.Give ‘Golden’ support tickets to sellers affected by extreme AI actions (account termination, 45/90 day holds, etc.)End the Star Seller Program.Give all sellers the ability to opt out of off site ads. The company had stated in a press release that the increased transaction fee will allow ETSY to provide better customer service and advancement of the platform, but sellers aren’t buying it.