In reality, at least for now, itโs another giant mess in amongst a few other giant messes with Etsy. Theres been an exodus going on for awhile now, but I think some of the Etsy behaviours of the past couple of months has hurried that up a bit.
Massive profits were recently handed down to shareholders and Josh is safe for the moment because Etsy make their money more so out of selling seller services as opposed to seller sales. And, up until now thereโs been more sellers starting than departing, but the moment that pendulum shifts just one poofteenth too far, and the trend is reversed, heโs in it deep. He could become โsmellyโ overnight if the exodus gains much more momentum. But, a lot of that operating profit resulted from upping the seller fees. Thereโs not too much imagination or dynamic leadership involved in that, and he was lucky this time. No one was happy of course, but most copped it sweet. I think heโs the type of arrogant (heโs full of BS too) sod that will push the envelope and try again as early as next year. He wonโt be so lucky if he does!
Personally, I love Etsy and Iโd hate to see anything happen to it, but I do think under Joshโs Leadership it has developed a bit of an odor (even internationally it would seem) and it wonโt take that smell long to permeate, even among those thinking of starting with Etsy. I think too, that it has taken on the outline of a train. Not a complete drawing yet, but certainly the outline and shape is undeniably there. But, if it does turn into a train, which is probable at the moment, and a wreck ensues, heโll just move in with not a care for the human trauma left in his wake.
The whole thing of Etsy stinks already. We started here after Josh left, so I donโt know what his leadership performance was like here, but if it was anything like his current behaviour on Etsy, it canโt have been too much fun here, especially for sellers.
Interesting times. Very difficult times for sellers on Etsy.
Melina.
