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☆ Etsy launches wedding registry service for handmade gifts in wake of Bed Bath & Beyond bankruptcy
▼ + stars: | 2023-05-10 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +3 min

Etsy launched a wedding registry service Wednesday. The move comes as some stores roll back wedding registry services and on the heels of Bed Bath & Beyond's bankruptcy. In conjunction with the launch of the registry service, Etsy published several blog posts outlining popular wedding trends and gift ideas. Personalized wedding and bridal gifts have long been popular on Etsy and frequently showcased in gift guides. Other recent retail closures, restructurings, and bankruptcy filings from companies like JCPenney, Lord & Taylor, Barneys, and Neiman Marcus have also impacted the registry market, retail expert Burt Flickinger told CNN.

May 3 (Reuters) - Etsy Inc (ETSY.O) on Wednesday beat market expectations for quarterly revenue, benefiting from demand for products such as personalized gifts offered on its e-commerce platform as well as higher transaction fees, sending the company's shares up about 2% in extended trading. Net revenues rose 10.6% to $640.9 million in the quarter ended March 31, compared with analysts estimate of $622.1 million, as per Refinitiv IBES data. The company forecast second-quarter revenue between $590 million and $640 million, while analysts expected $625.4 million. Etsy's first-quarter adjusted EBITDA, a measure of profitability, came in at $170.3 million, while analysts on average were expecting $166.6 million. Reporting by Granth Vanaik in Bengaluru; Editing by Shailesh KuberOur Standards: The Thomson Reuters Trust Principles.

☆ Artificial intelligence is a $38 billion revenue opportunity for retailers. Here's how to play the trend
▼ + stars: | 2023-04-22 | by ( Michelle Fox | ) www.cnbc.com time to read: +15 min

Morgan Stanley estimates that in 2022, only 23% of the $4.3 trillion of U.S adjusted retail spending was online. Add in AI, which can drive better shopper experiences or better conversion, it could bump to 9% or possibly 10% CAGR, he said. Eventually, AI can help retailers pitch tailored products to each potential customer based on their prior history. You might see it in the member services experience in having a better opportunity to get customer support," he said. As retailers move ahead in their plans to integrate AI into their business, some will build the capabilities.

☆ Print-on-demand sellers who make 6 figures a year share 7 strategies for standing out on Etsy — and getting a store started with low up-front costs
▼ + stars: | 2023-04-18 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +9 min

Insider spoke with three Etsy sellers who've made six figures on the platform in a year with print-on-demand products. Take inspiration from other sellers' designs — but don't copy themChristina Umerez, 27, made 324,839 Canadian dollars, or about $241,015, from her Etsy store last year. Umerez said she used eRank, a platform that helps Etsy sellers find "low-competition, high-search" keywords related to topics. Dobosenski found mock-up images of models that matched the style she wanted from other Etsy sellers. Umerez used EverBee, a market-research browser extension that showed her all the tags other sellers used and how many searches each tag got.

Etsy — The e-commerce company's shares rose 3.9% after Piper Sandler upgraded them to overweight from neutral. Virgin Orbit — The satellite launch company sank 14% in the premarket after filing for Chapter 11 bankruptcy protection. Tesla — Shares of the electric vehicle maker ticked up nearly 1% in premarket trading. Tesla stock declined 6.1% a day earlier, with investors seemingly responding to the company's vehicle delivery report from the weekend. The media company's shares have jumped 7.8% year to date.

☆ This e-commerce stock can get a boost as active buyer growth reaccelerates, Piper Sandler says
▼ + stars: | 2023-04-04 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Piper Sandler is getting more bullish on shares of Etsy , predicting strong growth tailwinds for the stock in the months ahead. '"While macro remains choppy, ETSY's 28% [last 12 month] EBITDA margin and L-T growth opportunities make this one of the highest quality names in our coverage," he wrote. The analyst also views shares as inexpensive, noting that they trade close to trough valuation and significantly below the company's four-year enterprise value-to-EBITDA ratio average. Yruma upped his price target on shares to $140 from $135, implying about 29% upside from Monday's close. "While we acknowledge that macro conditions remain pressured and consumer spending may be tipping to the downside, we believe ETSY has growth company characteristics at a GARP valuation," he said.

☆ Jim Cramer's top 10 things to watch in the stock market Tuesday: ServiceNow bump, Dimon speaks, DHR cut
▼ + stars: | 2023-04-04 | by ( Jim Cramer | ) www.cnbc.com time to read: +3 min

Baird upgrades software stock ServiceNow (NOW) to buy from hold, with a price target of $548, up from $475. Raises price target to $140 from $135. Barclays turns on life science tools and diagnostics sector, drops price target for Club favorite Danaher (DHR) to $270 from $290 and expects a "relatively light" first-quarter guide. Norfolk Southern (NSC) upgraded to hold from sell at Morgan Stanley with unchanged price target of $171. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ I've made almost $10,000 a month from Shopify and YouTube. Here's how I built 2 income streams in college.
▼ + stars: | 2023-03-20 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +7 min

Tammy Dinh started her art business, Uncomfy, on Etsy in 2020 before moving it to Shopify in 2022. I grew up watching YouTube videos of people making things with polymer clay. I started making clay figurines when I was 9. While the business was in my name, we worked in partnership for the first few months and split the income. I started making Instagram Reels and TikToks — but it's a lot of workWhen I started posting photos on Instagram, I didn't want to use my face or voice.

Approximately 0.5% of Etsy's active sellers -or around 2,700 merchants- had their payments delayed on Friday related to SVB's collapse, according to Etsy. The payments Etsy sellers received is unrelated to the Federal Reserve's Sunday announcement, which ensured that SVB's customers would have access to their funds on Monday. Shopify has temporarily paused payments to its merchants who receive payments to SVB accounts. These online sellers must update their bank accounts that have no connections with SVB to resume getting payments. Switching bank accounts can pose a problem for sellers whose sole business account was with SVB.

☆ Jefferies double downgrades Etsy, sees stock tumbling 25% as consumer spending slows
▼ + stars: | 2023-03-09 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

The analyst noted that Etsy's buyer churn rose throughout 2022, reaching a record in the fourth quarter. Buyer spending also lowered during this time, down 3% year over year in the fourth quarter, according to the note. Etsy shares are down 5% in 2023, after tumbling more than 45% in 2022. The analyst's new $85 price target, slashed from $150, implies Etsy shares can fall about another 25% from Wednesday's close. ETSY 1D mountain Etsy shares 1-day —CNBC's Michael Bloom contributed to this report.

☆ Etsy beats revenue estimates on steady demand
▼ + stars: | 2023-02-22 | by ( ) www.reuters.com time to read: +1 min

Feb 22 (Reuters) - Etsy Inc (ETSY.O) on Wednesday beat Wall Street expectations for quarterly revenue, helped by demand for home goods, clothes, jewelry and accessories offered on its e-commerce platform, sending its shares up 4% in extended trading. Net revenue rose to $807.2 million in the quarter from $717.1 million a year earlier. Analysts on average had expected revenue of about $751.8 million, as per Refinitiv IBES data. Last week, short seller Citron Research said Etsy had become one of the largest platforms in the world for counterfeit goods. The percentage of counterfeit goods on Etsy has become too large and the company could no longer defend it as a small percentage of revenue, Citron had said.

☆ I've made $126,000 in sales so far in 2023 on Etsy. Here's how I set up this mostly passive income stream that takes 3 hours a week.
▼ + stars: | 2023-02-16 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +6 min

Emma Larocque set up her Etsy shop, Quartz Design Studio, to make a passive income on the side. I created a Printful account and linked to an Etsy shop I'd started in November 2021. Once an order is placed through Etsy, Printful automatically embroiders the sweatshirt with my design and sends it to the customer. My revenue for last year from the Etsy shop was about $71,000, after Etsy's 9.5% transaction and processing fee. I pay more to have my items made and shipped by Printful, but that's what keeps my shop passive.

☆ 4 side hustles for introverts: Some can bring in tens of thousands of dollars
▼ + stars: | 2023-01-14 | by ( Gili Malinsky | ) www.cnbc.com time to read: +3 min

Among the most popular side hustles for 2023 are staffing events like conferences and tutoring in a subject matter where you have expertise, according to experts. You'd have to interact with people if you took them on ― even if only on a one-on-one basis for tutoring. If you happen to be more introverted but are still looking for ways to bring in some extra cash, fear not. Here are four side hustles for introverts to consider. Kaycie Morwood opened her Poshmark store in 2016 and has made $30,000 altogether.

☆ Here are Wednesday's biggest analyst calls: Apple, Tesla, Rivian, Target, Microsoft, Etsy & more
▼ + stars: | 2023-01-04 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are the biggest calls on Wall Street on Monday: UBS downgrades Microsoft to neutral from buy UBS said in its downgrade of the stock that it's concerned about Microsoft Office risks. Wells Fargo downgrades Target to equal weight from overweight Wells said in its downgrade of the stock that it sees too much 2023 uncertainty. " UBS downgrades JB Hunt to neutral from buy UBS said in its downgrade of the shipping company that it sees volume and pricing risk. UBS downgrades Honeywell to sell from buy UBS said in its downgrade of the stock that the multiple is "inflated." UBS reiterates Amazon as buy UBS lowered its price target on the e-commerce giant to $125 per share from $165 but says it's standing by the stock.

☆ TikTok banned on government devices under spending bill passed by Congress
▼ + stars: | 2022-12-23 | by ( Lauren Feiner | ) www.cnbc.com time to read: +8 min

The bill includes an exception for law enforcement, national security and research purposes. TikTok has repeatedly said its U.S. user data is not based in China, though those assurances have done little to alleviate concern. While it fell short of antitrust advocates' hopes, the inclusion of the merger filing fee bill still gained praise. Miller said the bill will "significantly strengthen antitrust law for the first time since 1976." Empowering state AGs in antitrust casesAnother antitrust bill included in the package was a version of the State Antitrust Enforcement Venue Act.

☆ I made $95,000 last year selling printable and digital planners on Etsy. Here are the methods I used to build my shop to basically run itself, from SEO to designing my products.
▼ + stars: | 2022-11-18 | by ( Kayla Warner | ) www.businessinsider.com time to read: +15 min

Kayla Warner has run an Etsy shop selling printable and digital planners full-time since 2018. I started my Etsy shop selling business planners in August 2018. Now, four years later, I've achieved the financial freedom I was seeking when I first started my Etsy shop. Creating an Etsy shop only requires an email, a shop name, and your bank-account information. Most of my content is educational, which correlates with my Etsy shop, where I sell business-related products and solutions.

☆ Stocks making the biggest moves premarket: Target, Lowe's, Carnival and others
▼ + stars: | 2022-11-16 | by ( Peter Schacknow | ) www.cnbc.com time to read: +2 min

Lowe's (LOW) – Lowe's added 2.4% in premarket trading after the home improvement retailer beat top and bottom line estimates for its latest quarter and reported better-than-expected comparable store sales. Carnival (CCL) – Carnival slumped 12.7% in the premarket after the cruise line operator announced a $1 billion convertible debt offering as part of its refinancing plan. Advance Auto Parts (AAP) – Advance Auto Parts plummeted 14.7% in off-hours trading after the auto parts retailer posted lower-than-expected quarterly earnings. Competitor O'Reilly Auto Parts (ORLY) fell 2.9%. Sage Therapeutics (SAGE) – Sage Therapeutics gained 3.3% in premarket trading after an SEC filing showed CEO Barry Greene added 14,500 shares to his stake in the drug maker.

☆ Stocks making the biggest moves midday: Target, Carnival, Advance Auto Parts, Lowe's and more
▼ + stars: | 2022-11-16 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Advance Auto Parts — Advance Auto Parts tumbled 16.3% after reporting lower-than-expected quarterly earnings after the bell Tuesday. Lowe's said the company, unlike Target, is not seeing negative inflation impact on sales. O'Reilly Automotive — Shares automotive parts retailer added 2% after the company upped its share repurchase program by $1.5 billion. Oscar Health — The insurance stock added 1.9% after Wells Fargo upgraded the stock to overweight, saying shares can rally nearly 40% going forward. Lincoln National — Shares added 2.1% following an upgrade to a buy rating by Goldman Sachs.

☆ How to start an e-commerce business with less than $2,000 upfront, according to a 34-year-old entrepreneur who does up to $42,000 a month in Amazon sales
▼ + stars: | 2022-11-10 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +8 min

Fu believes that anyone can start a successful e-commerce business with less than $2,000 upfront. The 34-year-old entrepreneur believes that anyone can build a profitable e-commerce business with less than $2,000 upfront. Watch 200 educational e-commerce YouTube videosThis is exactly how Fu learned the ins and outs of running an e-commerce business. At this point, you've learned the basics of running an e-commerce business and have made sales on Poshmark and Etsy. Starting an e-commerce business as a side hustle is probably the most risk-averse way to do it, she said.

☆ Etsy shares pop on revenue beat, rosy guidance
▼ + stars: | 2022-11-02 | by ( Annie Palmer | ) www.cnbc.com time to read: +2 min

Etsy shares surged as much as 10% in extended trading Wednesday after the online marketplace's third-quarter revenue and earnings outperformed expectations. Here's how the company did:Earnings: 58 cents per share, adjusted, vs. 36 cents per share, as expected by analysts, according to Refinitiv. 58 cents per share, adjusted, vs. 36 cents per share, as expected by analysts, according to Refinitiv. Revenue: $594.5 million vs. $565 million as expected by analysts, according to Refinitiv. For the fourth quarter, Etsy said it expects to report revenue between $700 million and $780 million, and gross merchandise sales of $3.6 billion to $4 billion.

☆ Etsy's COO has 3 tips for making money this holiday season—from 'meaningful' gifts to the color hot pink
▼ + stars: | 2022-10-27 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

If you're planning to look for more deals and generally be a bit more thrifty this upcoming holiday shopping season, you're far from alone — and retailers are well aware. That's why small-business owners and side hustlers on platforms like Etsy begin preparing for the holiday season before Halloween, says Raina Moskowitz, Etsy's chief operating officer. "The holiday season is really the busiest season and most important time of the year, certainly across retail, but especially for small businesses," Moskowitz tells CNBC Make It. Small businesses especially are getting ready for an uncertain holiday season, as shoppers worry about a potential recession and inflation jacking up prices. Consider your prices carefullyEighty-four percent of holiday shoppers say they'll try to save money compared to previous holidays, according to a recent Bankrate survey.

☆ Read the exclusive pitch deck that recruiting startup Joonko used to raise $25 million from top VCs including Insight Partners
▼ + stars: | 2022-09-13 | by ( Jessica Xing | ) www.businessinsider.com time to read: +3 min

Read the pitch deck Joonko used to raise a $25 million Series B led by Insight Partners. Joonko, a human-resources tech startup in Israel, just raised a $25 million Series B funding round led by the venture-capital heavyweight Insight Partners. Backing its mission with business metrics like annual recurring revenue and a growing client base won over those investors, CEO Ilit Raz told Insider. It raised a $10 million Series A round last year at a $89 million valuation, according to PitchBook. Read the pitch deck that Joonko used to raise its $25 million Series B:

☆ How to set up an Etsy store that instantly draws in customers and makes you big money, from people who did it
▼ + stars: | 2020-06-29 | by ( Jenny Powers | ) www.businessinsider.com time to read: +12 min

Etsy is the perfect platform for sellers looking to attract customers to their shops. Insider asked several key members of the Etsy community to share everything you need to know to run a successful Etsy shop. While she still manages her own virtual storefront, today she's an Etsy employee, serving as a community education specialist for the platform. 1 tip to set yourself up for success is learning how to optimize your shop and product listings for the platform's internal search engine. Scale shot: This shot is meant to properly convey size, dimensions, and the proportions of your product.

Persons: Etsy, Sellers, —, Isabella Diaz, Diaz, it's, there's, Jill Foreman, Jill Makes, Mother's, Lindsey Delacerda, Jahje Ives, Baby Jives, what's, Ives, Jasmine Balgobin Ives, Foreman, Jives, Cayla Carapezza Diaz, Yvonne Leung, Leung, She's, Jill, Jill Foreman Foreman, Toms, Leung's Organizations: Service Locations: Lafayette , Louisiana, California

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