Etsy to launch its wholesale platform this summer, will take a 3.5% commission for each order

Etsy plans to publicly launch its wholesale program in August, and today revealed how much it’ll be charging users for each order. The scheme launched in beta almost a year ago and is designed to connect Etsy’s army of sellers with prominent retailers. While many independent manufacturers find success selling their hand-crafted creations on Etsy, the company’s wholesale initiative offers greater reach through physical stores. “For many sellers who have built sustaining, full-time businesses on Etsy, Etsy Wholesale is a way to support their continued growth,” Camilla Velasquez, Etsy’s director of payments and multichannel sales said. When the platform sheds...



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