Here's Why Female Entrepreneurs Like Selling on Etsy
Across the U.S., 36 percent of small businesses are owned by women. For Etsy, though, that number hits almost 90 percent.
Etsy’s appeal comes from the ease of setting up shop on the platform, according to Kruti Patel Goyal, Etsy’s General Manager of Seller Services.
“We’ve dramatically reduced the barriers to entry in e-commerce...All you need is creative inspiration,” said Goyal.
Etsy provides all the services that a business needs to stay up and running, explained Goyal.
“That’s payment services, that’s shipping tools. We provide the tools to help you advertise and market your business, even set up your own custom website.”
The platform also enables women the flexibility to run their businesses according to their own schedules and terms.
These benefits combined not only change the entrepreneurial field, but also attract a host of creatives to the platform, giving Etsy an edge over competitors like Amazon, Goyal said.
“The rest of the e-commerce world is becoming more and more commoditized. You’re shopping in this sea of sameness,” said Goyal.
On Etsy, “every item has a story behind it and a person, a seller behind it, and we’re really excited about that.”
For the full interview, [click here](https://cheddar.com/videos/how-etsy-champions-for-female-entrepreneurs).
Low-value imports are losing their duty-free status in the U.S. this week as part of President Donald Trump's agenda for making the nation less dependent on foreign goods. A widely used customs exemption for international shipments worth $800 or less is set to end starting on Friday. Trump already ended the “de minimis” rule for inexpensive items sent from China and Hong Kong, but having to pay import taxes on small parcels from everywhere else likely will be a big change for some small businesses and online shoppers. Purchases that previously entered the U.S. without needing to clear customs will be subject to the origin country’s tariff rate, which can range from 10% to 50%.
Southwest Airlines will soon require plus-size travelers to pay for an extra seat in advance if they can't fit within the armrests of one seat. This change is part of several updates the airline is making. The new rule starts on Jan. 27, the same day Southwest begins assigning seats. Currently, plus-size passengers can pay for an extra seat in advance and later get a refund, or request a free extra seat at the airport. Under the new policy, refunds are still possible but not guaranteed. Southwest said in a statement it is updating policies to prepare for assigned seating next year.
Cracker Barrel is sticking with its new logo. For now. But the chain is also apologizing to fans who were angered when the change was announced last week.
Elon Musk on Monday targeted Apple and OpenAI in an antitrust lawsuit alleging that the iPhone maker and the ChatGPT maker are teaming up to thwart competition in artificial intelligence.
Hear from Gabino & Stephen Roche on Saphyre’s institutional AI platform that centralizes pre‑ and post‑trade data, redefining settlement speed and accuracy.
Elon Musk’s X has reached a tentative settlement with former employees of the company then known as Twitter who’d sued for $500 million in severance pay.
