Etsy’s Marketplace Debuts Online Gift Cards [Updates]

Heading up the holiday season, Etsy, the online store for a wide variety of handmade and small business items, has now made gift cards available for its customers. The cards can be purchased here, and range from $25 USD to $250 USD.

Recipients redeem their gift cards on the site, enabling them to purchase a wide variety of homemade items, including jewelry, dresses, shoes, creatively designed backpacks for kids, decorative pillows, books, music, mobile phone gadgets, paintings, and lots more. But not all merchants are accepting the gift cards, so Etsy has set up a way for customers to click a button and filter out sellers who are not accepting cards.

Etsy says its gift cards do not expire or decrease in value over time. Purchasers of Gift Cards can send them by email, or print them to give to a recipient. You can cancel a purchased Etsy Gift Card, if not redeemed, up to 30 days after the date you have purchased it.

For those unfamiliar with the site, Etsy is made up of individual sellers, including artists, collectors, entrepreneurs, and the like, who set up an online shop and post their items for sale. The only requirement for being a merchant on Etsy is that you register with a valid credit card. There are no membership fees, but it does cost $0.20 to list an item for 4 months, or until it sells. Once an item sells, Etsy collects a 3.5% fee of the sale amount for each item sold. Merchants can sell handmade goods, vintage items, and arts and crafts supplies.

Source: TechCrunch

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Bakari Chavanu

Bakari is a freelance writer and photographer. He‘s a long-time Mac user, jazz music fan, and family man. Bakari‘s Business Blog; Twitterme: @bakarichavanu; Google+

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  • Boni Oloff October 19, 2012
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    Great marketplace, I want to make a online shopping website too, but it looks amazon very dominated, and many others too…
    I like the idea of it..

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    • Bakari Chavanu October 20, 2012
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      Thanks for the feedback, Boni.

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  • Mac Witty October 19, 2012
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    Just forgot about Etsys – thanks for the reminder!
    Besides the products I like that you can see the shipping price directly on the product page.

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    • Bakari Chavanu October 20, 2012
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      Thanks for the feedback, Mac. I think I’ll be checking out Etsys for a few holiday gifts.

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  • Shelley @ Gift Card Girlfriend October 20, 2012
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    It’s great that Etsy is offering a gift card. I love the personal gifts on Etsy–like the necklaces with your children’s names on it, the home decor items with the family name, and so forth. They would make great gifts. But I’d worry the recipient wouldn’t think the gift I’d picked out was as cute as I did. Or worse, what if I spelled the name wrong?

    With an Etsy gift card, I could make suggestions, but the recipient could pick out anything they wanted.

    Great gift for the holidays, but I’m also thinking Baby Shower and Bridal Shower–occasions when people are likely to buy those personalized gifts.

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    • Bakari Chavanu October 22, 2012
      0 likes

      Thanks for your feedback, Shelley.

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