Big Brands That Imploded With One Wrong Move

Goodbye Etsy

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Etsy used to be about handmade, creative, artistic goods and materials. Now, most shops you purchase from overseas mass producers and ship you those items. Large-scale businesses took over, and the fees were very high, but the mass producers could afford it and still make a profit.

Etsy is making a lot of money, so they don’t care too much about their original business plan. There was a famous scandal where Etsy spotlighted a producer of supposedly handmade furniture made from old boats, but they weren’t. I haven’t bought from or trusted Etsy since then.

Story credit – Reddit/[deleted]

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