For Etsy, inclusion isn't just a marketing strategy to gain new customers and sellers, it's ingrained in the DNA of the company and part of the machine that helps the e-commerce platform thrive, Dayna Isom Johnson told Cheddar.
"Last year we really took a more [concerted] effort and approach in how we can make our workforce even more diverse and so we were able to double that number of underrepresented minorities in 2019 versus 2018," said the Etsy trend expert.
The company's dedication to diversity extends beyond its staff to ensure that Black and other minority sellers on the platform are getting a boost through company programs and "community building" where they can share information and promote their businesses, Johnson added.
"I think another great example is that community-led team that I was speaking about, the Black-owned shops team, because, again, that's really grassroots effort. That is our seller community coming together to help build and uplift each other," she said.
The company has also carved out a section of its site specifically for Black-owned businesses as more people search for them on the platform.
"In terms of people really wanting to support these Black-owned shops and businesses, the demand is there," she said.
While this year certainly saw more companies making an effort to uplift small, Black-owned businesses, Johnson said inclusion efforts for Etsy's "global community" were underway before it became mainstream.
Shan Aggarwal, VP of Corporate and Business Development at Coinbase, discusses the company's acquisitio of Deribit as it heads into the S&P 500. Watch!
American businesses that rely on Chinese goods are reacting with muted relief after the U.S. and China agreed to pause their exorbitant tariffs on each other’s products for 90 days. Many companies delayed or canceled orders after President Donald Trump last month put a 145% tariff on items made in China. Importers still face relatively high tariffs, however, as well as uncertainty over what will happen in the coming weeks and months. The temporary truce was announced as retailers and their suppliers are looking to finalize their plans and orders for the holiday shopping season. They’re concerned a mad scramble to get goods onto ships will lead to bottlenecks and increased shipping costs.
Shopping expert Trae Bodge discusses how talks between the U.S. and China is good news for now, but uncertainty remains for back-to-school and the holidays.
Jake Traylor, White House reporter at Politico, joins Cheddar to discuss how Trump is aiming to lower drug prices and how it differs from Biden's approach.
DJ X, alongside Molly Holder, Senior Director of Product Personalization, takes us inside Spotify's A.I. DJ and how it's the best new way to listen to music.
Sheryl Palmer, CEO of Taylor Morrison, talks tariff uncertainty, being a female leader in a male dominated industry and what homebuyers need to know. Watch!