Etsy is raising seller fees to spend more on marketing, customer support

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Etsy broke the news to sellers on Thursday that it plans to increase the per-sale transaction fee from 3.5 percent to 5 percent. The fee hike is the first-ever by Etsy and will take effect July 16.

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The Brooklyn-based crafts vendor said the new fee structure will allow Etsy to invest in marketing strategies that attract more buyers, improve customer support, and drive product innovation. The fee increase also applies to the cost of

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