Everything You Need To Know About Etsy's Update

During the Etsy Q1 Investor's Report, CEO Josh Silverman shared several HUGE updates about shop suspensions, gift mode, and what they expect traffic to look like in Q2.
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☕ More on this topic during the Friday Bean:    • A Big Etsy CRACKDOWN Is On The Horizo...  

➡️ Etsy's Q1 Investor Report: https://s22.q4cdn.com/941741262/files...

➡️ Etsy Q1 Live Cast: https://investors.etsy.com/events-and...

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▬ Contents of this video ▬▬▬▬▬▬▬▬▬▬

00:00 - Intro
00:44 - Etsy sales drop in Q1and slow traffic
02:56 - Etsy's 2024 growth plan
06:00 - Impact of Gift Mode
09:59 - Etsy Suspension crack-down
15:50 - Etsy removing drop shippers and policy violators
17:41 - Updates to SEO and relevancy?
20:10 - Returning to core values - Keep Commerce Human
22:04 - Investor's Q&A
22:32 - Are Chinese competitors like Temu hurting Etsy?
26:16 - Will Q2 be just as slow as Q1?
28:57 - Will Etsy's new $15 fee stop bad sellers?
33:52 - How Etsy machine learning will declutter search pages
37:42 - Creative Fabrica sellers being banned
39:44 - How removing bad sellers will impact Etsy overall
46:10 - Etsy targeting sites like AliExpress for drop shipping
49:41 - Key things to note

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