31 Burst results for "Etsy"

Carol Roth: Government Claims to Target Big Corporations but Never Do

The Dan Bongino Show

01:44 min | 19 hrs ago

Carol Roth: Government Claims to Target Big Corporations but Never Do

"But isn't that the point the centralization Because I know you've talked about how small businesses the more decentralized So isn't the point the centralization I mean it is And you can just look at everything they've done and they always basically portray it as we're going after the big guys We're going to get tough We're going to break up the monopolies We're going to go after the billionaires but all of their policies do exactly the opposite If you look back to the American rescue plan quote unquote seriously that happened in March of 2021 under Biden That's where they decided to give out the stimulus check so that Biden could get his Biden bucks to compete with the Donnie dollars from the year before But then they also snuck in things like hey if you are doing business online if you're or even if you're not doing business but doing payments online we're going to just lower that threshold for reporting to the IRS We're going to lower that from $20,000 and 200 transactions a year down to $600 We're going to then in the next legislation We're going to hire 87,000 more people at the IRS and allocate $80 billion in funds and you only need to have a couple of brain cells to be able to put together That's not going after the 800 billionaires in this country right That's coming after the moms who are selling on Etsy or who have a side gig that's coming after the small businesses of this country And it is being sold as nowhere We have to go make sure that the rich pay their fair share and guess who's got the fancy accountants and the fancy lawyers and all the legal loopholes

Biden IRS Etsy
"etsy" Discussed on Wisdom From The Top

Wisdom From The Top

15:38 min | Last month

"etsy" Discussed on Wisdom From The Top

"All the conversations we've had about career development and people wanting to explore this and that none of that matters right now. The only thing that matters is us beating spurs. So Oscar, you own this metric. Our time, you own that metric, bob, you own that metric. I said, you have two weeks to come back to me with a plan on how you're going to win. And the team did an amazing job coming back with really bold, courageous ideas. And we executed like crazy for 6 months. We really transformed Mart plots from something that was good to something that was great. Eventually, spritzers exited the market completely and Mark plots has grown and grown and been a tremendous success. And that's really, you know, one of the proudest achievements of my career, but it also informed so much of what I ended up doing later. You were, I mean, at this point, you know, with the success of Mark plots. This was, I think, around 2008, you were sent to overseas Skype, become the CEO of Skype. Yes. And at the time, like 2005, eBay bought Skype for like two and a half $1 billion. And this is a pretty controversial acquisition because there wasn't clear that Skype was actually a good acquisition in 2008, right? Yeah, I mean, so I added by that time formed a reputation as the person who went and fixed the things eBay bought that were broken and they didn't know what to do with. They paid a lot of money. I think it was $2.9 billion. So eBay needed someone to go run the company. And everybody told me not to take the job for a whole bunch of reasons. That Skype is in the telecommunications industry. It's about free phone calls at a time when calls are going to zero anyway. Culturally, the company was really fraught. It was geographically dispersed all around the world, and there were just lots and lots of challenges. But I felt like, you know, what Skype does for the world is really meaningful. It's really important. Skype's about being together when you can't be in the same room. And that mission is much more powerful than the whole world can talk for free. And if we're about being together, it's about way more than phone calls. So we pivoted the company to be about video calling. And that really opened the next chapter for first Skype. We did two big pivots. One was going from phone to video. And it's not that Skype doesn't do phone calls, but we made video calling the centerpiece of Skype. And second was launching on the iPhone, which was a brand new product. And that ended up unleashing a ton of growth for Skype. The story there may be is kind of interesting. Can I tell a quick story there? Please. All right, so Meg Whitman had told the market that Skype four was going to be the future of Skype. That Skype for that I was going to be transformative. And so I flew to Europe, I took the job for Skype really excited to see what this Skype four thing was. And I get the all the leaders of Skype four in a room together. My first day, I call the product manager, the head of design, the head of engineering, the head of quality. I get them all together. And I ask them one question, what are we solving for in Skype four? And I've got 7 people here 7 different answers. And it turns out the prior leaders, they thought they were going to make money on Skype by selling ads and they created a larger format instead of skyping this little tiny narrow thing that took up only a little bit of your screen real estate. It was suddenly going to take up your whole screen. So, you know, I think Skype was evenly split. Half of the company thought that we couldn't ship four that we were so dysfunctional that our teams were so at each other that we weren't going to be able to get anything out the door. The other half thought that we shouldn't ship it because it was an absolutely terrible idea. And it was going to kill the company. So half thought we couldn't ship it and have that we shouldn't ship it. So I ended up writing a one paragraph mission statement for the team that said the mission of Skype Fortnite always to drive engagement and that one paragraph mission statement gave the leaders enough clarity about what success looked like and what the constraints were. Gave the team that enough structure, but they had a lot of opportunity to still innovate on how they were going to achieve that mission. And they ended up shipping for which frankly saved the company. I think that they eventually sold it to Microsoft for like 8 and a half $1 billion. Right. In 2011, which is a pretty good, pretty good return on that two and a half $1 billion investment 6 years earlier. Yeah. Yeah, particularly when you think that the financial crisis set right in the middle of that. Yeah. I know that you would go on to spend four years at American Express, but I want to talk about Etsy because first of all, can you tell me what was going on at Etsy? What were the circumstances under which you became the CEO? How did you get involved? Yeah. So I joined the board of Etsy. I thought maybe it could be helpful. And what was happening at Etsy was that our gross merchandise sales had been decelerating quarter after quarter year after year for three years in a row. And gross merchandise sales is the sum of all the products sold on Etsy. And the growth rates had been decelerating in decelerating. I think the management team had come to the conclusion that Etsy is about as big as it can be. We are most of the market for handmade product. And so I guess we should go get into other businesses. And so that wasn't going well to say the least. Let me try to understand for a second because Etsy, most people who've used love it, right? It's just awesome. It's like, it's like going to an artisans market, except it's online. Yes. So what was going on in 2017? Why? I mean, because from what I understand, the stock price was like ten bucks, the company was losing money every quarter. I mean, was it just people just like using it? What was going on? Yeah, so you're right, that people love the product and Etsy. And that's the most important thing, right? Is that it does what it says on the ten. So if you talk to people who've just bought something on Etsy and you ask them, what do you think? They love the product that just arrived in the mail. And they love the connection in the communication that they had with the seller. They get a handwritten note, the product was made just for them. It's a wonderful, it's amazing thing. Right? Yeah. But the company was really unfocused. So what was happening was there was a lot of activity, but not headed in one direction. It wasn't adding up to making the product experience better in a meaningful way, and then communicating that out to the market. And to give you just some examples of that, there's over 60 million items for sale on NC. Wow. So that's a lot. To draw a picture in your mind. There's 200,000 coasters for sale on Etsy. Two 100,000 coasters? Yes, like for drinks, right? Yeah, so if you were to sit in the middle of the University of Michigan stadium and look around every seat would have two sets of coasters. That's how many coasters there are for sale in it. Wow. And the challenge for our engineering team is we've got to pick the 30. That should go on the first page of search results for you. That is a massive challenge. And if you talk to our sellers, they'll tell you two things they'll say one, they're really unhappy with search and I think the quality of it is not good enough. And two, don't you dare change the search engine. And they mean both things equally, and they'll often say them in the same sentence, right? Change is disruptive, and it means work for them, and it can be a little scary, but if you don't change the world passes you by, that's a lesson that I learned in spades at eBay. You know, the world was passing us by and we were quickly becoming irrelevant. In spite of the fact, there's wonderful products for sale on Etsy from amazing sellers who do amazing work. So when I arrived, our stock was at $10, we had $2 and 50 cents a share of cash in the bank. You know, and we had a lot of people circling. I would have assigned maybe a 10% chance at that point to the likelihood that we could remain an independent company. In other words, because of your financial situation, the chances that you would be forced to sell were high. Yes, I mean, if you're on the board of a public company, the safe thing to do is to sell to the money. You take the money and that's safe and no one can ever criticize you. Yeah. And so in 2017, it's hard to believe. Etsy was that close to being bought at a fire sale price. Right. I mean, the board, the board comes to you and says, hey, we want you to run this company. Stock price is again. It's a $10. The vultures are circling overhead. And so you don't have a lot of time. It's made in 2017. What do you do? So the first thing I brought to the company on day one was a belief that there was only one metric that mattered, and that was gross merchandise sales. Because gross merchandise sales is the sum of our success. It's the size of the pie. It's our customers winning. It's basically the dollar value of everything sold on Etsy. Exactly. They weren't measuring that as a measure of success. I have to assume they were measuring that. Etsy was absolutely measuring that. And there were ten or 12 metrics that Etsy was focused on, and this was one of them. And the challenge with that is if there's ten or 12 metrics that you think are important in your focusing on all ten or 12, any idea that can ladder up to any one of those ten metrics is something you can do. And that's way too low a bar. So instead I challenge the team with one of the fewest things we need to do well in order to succeed. One of the fewest things we need to do well. I call it the vital few versus the worthwhile many. There's a 150 things you could do and they're good ideas and you strategically aligned and they have a positive ROI and you'd be proud to stand in front of your board of directors and explain it. And if you try to do all a 150 or dead in the water, so that's the worthwhile many, the vital few are the few you're going to pick the three the four of the 5. You're going to pick. That you're going to actually do with excellence. And that's the difference. I think between success and failure. In order to do that, though, you need to be able to decide what are the vital few and so I want things that are going to have at least an incremental $10 million of GMS within 24 months. I won't even look at anything that doesn't meet that bar. And it's not that I don't care about things that take more than 24 months to come to fruition, but we at that time hadn't earned the right to be focusing a lot of resource on things that would take years and years to pay off. And so I asked the product and the marketing teams give me an inventory of everything we're working on. It turned out we had about 800 projects in flight in the company. We had about a thousand employees, 800 projects. Wow. Of those. Less than 40% had any meaningful chance at all of moving GMS by any meaningful number in the next 24 months. So we cut over 60% of everything we were doing by the end of my second week inside the company. And that was extremely painful. And I mean, to give you some color, the team had come up with an idea called Etsy studio and Etsy studios are really good idea. It's a marketplace for craft supplies. And since so many people who love crafting are on Etsy, it would make sense that you'd have a marketplace for craft supplies on Etsy, but they were going to build it. They had built it as a completely separate domain, a completely separate brand. Yeah. A 150 people had worked for 18 months to launch Etsy studio. I started on Tuesday, I redirected everyone off the project on Friday. You killed the project on Friday. A 150 people. 150 people for 18 months on this. And just to be clear, this idea was to create a marketplace for Etsy, craft makers, to purchase supplies through Etsy, right? More or less. Right. Beads or tools or things like that. Okay, great idea. A 150 people are spent 18 months in this project. You come in and you killed the project on Friday. Yes. Wow. I mean, that's a pretty big risk. You are essentially alienating a 150 people overnight, right? It's worse than that, actually, because Chad, who was the CEO before me, is a wonderful person, Chad Dickerson, who's a wonderful person. And is a very talented leader and is a huge heart before I started. Chad called the entire company together in late afternoon and said, I've just been fired. 80 of you are fired. And there's going to be a new CEO starting tomorrow. His name is Josh. You're going to love him. Wow. So that was my first day. Wait, so he was that it was sort of announced the day before that the CEO was gone. 80 people had been laid off. And then you show up and you say, hello, I'm here, and what do you have like an all staff meeting, like a town hall to introduce yourself? I did. People freaked out. Yes, I think that's a fair description. And what did you say in that town hall meeting? I said that we have a responsibility that's bigger than ourselves. That 2 million people wake up every day counting on Etsy. You want to know why politics are fraught right now. It's because life's hard. And our sellers don't have great 401k plans and farm to table lunch catered on Tuesdays and yoga breathing rooms and all the wonderful benefits that come with being a tech employee in this world. They've got to wake up and earn it every single day. And we have the privilege to serve them. And that means we've got to hold ourselves to a higher standard. And we all have empathy for the thousand people that are lucky enough to work for Etsy, but we've got to have empathy for the 2 million people who count on us. And so in my very first day, I said, we're going to do a lot of hard things. We're going to move fast. And if we haven't done enough hard things, we're not going to win and we're going to fail them. And the only conversation people are going to have about that C is why did it fail? And you all have worked too hard for too long. To have that be the conversation about Etsy. So the next couple of years are going to be the time we will all look back on and either be proud of or regret. And how are we going to show up? All right, so you are asked to take over, how did you, I mean, did you have to come up with a plan to restructure to save the company quickly or did the board have a plan? You know, an off the shelf plan for

Skype Etsy eBay spritzers Mark Meg Whitman Mart spurs Oscar bob American Express University of Michigan Europe
"etsy" Discussed on Wisdom From The Top

Wisdom From The Top

07:52 min | Last month

"etsy" Discussed on Wisdom From The Top

"It was all going to kind of come down to this. And I called my team together on Monday morning, and I said, remember, all the conversations we've had about career development and people wanting to explore this and that none of that matters right now. The only thing that matters is us beating spurs. So Oscar, you own this metric. Our time, you own that metric, bob, you own that metric. I said, you have two weeks to come back to me with a plan on how you're going to win. And the team did an amazing job coming back with really bold, courageous ideas. And we executed like crazy for 6 months. We really transformed Mart plots from something that was good to something that was great. Eventually, spritzers exited the market completely and Mark plots has grown and grown and been a tremendous success. And that's really, you know, one of the proudest achievements of my career, but it also informed so much of what I ended up doing later. You were, I mean, at this point, you know, with the success of Mark plots. This was, I think, around 2008, you were sent to overseas Skype, become the CEO of Skype. Yes. And at the time, like 2005, eBay bought Skype for like two and a half $1 billion. And this is a pretty controversial acquisition because there wasn't clear that Skype was actually a good acquisition in 2008, right? Yeah, I mean, so I added by that time formed a reputation as the person who went and fixed the things eBay bought that were broken and they didn't know what to do with. They paid a lot of money. I think it was $2.9 billion. So eBay needed someone to go run the company. And everybody told me not to take the job for a whole bunch of reasons. That Skype is in the telecommunications industry. It's about free phone calls at a time when calls are going to zero anyway. Culturally, the company was really fraught. It was geographically dispersed all around the world, and there were just lots and lots of challenges. But I felt like, you know, what Skype does for the world is really meaningful. It's really important. Skype's about being together when you can't be in the same room. And that mission is much more powerful than the whole world can talk for free. And if we're about being together, it's about way more than phone calls. So we pivoted the company to be about video calling. And that really opened the next chapter for first Skype. We did two big pivots. One was going from phone to video. And it's not that Skype doesn't do phone calls, but we made video calling the centerpiece of Skype. And second was launching on the iPhone, which was a brand new product. And that ended up unleashing a ton of growth for Skype. The story there may be is kind of interesting. Can I tell a quick story there? Please. All right, so Meg Whitman had told the market that Skype four was going to be the future of Skype. That Skype for that I was going to be transformative. And so I flew to Europe, I took the job for Skype really excited to see what this Skype four thing was. And I get the all the leaders of Skype four in a room together. My first day, I call the product manager, the head of design, the head of engineering, the head of quality. I get them all together. And I ask them one question, what are we solving for in Skype four? And I've got 7 people here 7 different answers. And it turns out the prior leaders, they thought they were going to make money on Skype by selling ads and they created a larger format instead of skyping this little tiny narrow thing that took up only a little bit of your screen real estate. It was suddenly going to take up your whole screen. So, you know, I think Skype was evenly split. Half of the company thought that we couldn't ship four that we were so dysfunctional that our teams were so at each other that we weren't going to be able to get anything out the door. The other half thought that we shouldn't ship it because it was an absolutely terrible idea. And it was going to kill the company. So half thought we couldn't ship it and have that we shouldn't ship it. So I ended up writing a one paragraph mission statement for the team that said the mission of Skype Fortnite always to drive engagement and that one paragraph mission statement gave the leaders enough clarity about what success looked like and what the constraints were. Gave the team that enough structure, but they had a lot of opportunity to still innovate on how they were going to achieve that mission. And they ended up shipping for which frankly saved the company. I think that they eventually sold it to Microsoft for like 8 and a half $1 billion. Right. In 2011, which is a pretty good, pretty good return on that two and a half $1 billion investment 6 years earlier. Yeah. Yeah, particularly when you think that the financial crisis set right in the middle of that. Yeah. I know that you would go on to spend four years at American Express, but I want to talk about Etsy because first of all, can you tell me what was going on at Etsy? What were the circumstances under which you became the CEO? How did you get involved? Yeah. So I joined the board of Etsy. I thought maybe it could be helpful. And what was happening at Etsy was that our gross merchandise sales had been decelerating quarter after quarter year after year for three years in a row. And gross merchandise sales is the sum of all the products sold on Etsy. And the growth rates had been decelerating in decelerating. I think the management team had come to the conclusion that Etsy is about as big as it can be. We are most of the market for handmade product. And so I guess we should go get into other businesses. And so that wasn't going well to say the least. Let me try to understand for a second because Etsy, most people who've used love it, right? It's just awesome. It's like, it's like going to an artisans market, except it's online. Yes. So what was going on in 2017? Why? I mean, because from what I understand, the stock price was like ten bucks, the company was losing money every quarter. I mean, was it just people just like using it? What was going on? Yeah, so you're right, that people love the product and Etsy. And that's the most important thing, right? Is that it does what it says on the ten. So if you talk to people who've just bought something on Etsy and you ask them, what do you think? They love the product that just arrived in the mail. And they love the connection in the communication that they had with the seller. They get a handwritten note, the product was made just for them. It's a wonderful, it's amazing thing. Right? Yeah. But the company was really unfocused. So what was happening was there was a lot of activity, but not headed in one direction. It wasn't adding up to making the product experience better in a meaningful way, and then communicating that out to the market. And to give you just some examples of that, there's over 60 million items for sale on NC. Wow. So that's a lot. To draw a picture in your mind. There's 200,000 coasters for sale on Etsy. Two 100,000 coasters? Yes, like for drinks, right? Yeah, so if you were to sit in the middle of the University of Michigan stadium and look around every seat would have two sets of coasters. That's how many coasters there are for sale in it. Wow. And the challenge for our engineering team is we've got to pick the 30. That should go on the first page of search results for

Skype Etsy spritzers eBay Mark spurs Mart Oscar Meg Whitman bob Europe American Express Microsoft University of Michigan
"etsy" Discussed on Wisdom From The Top

Wisdom From The Top

08:08 min | Last month

"etsy" Discussed on Wisdom From The Top

"Was actually, you know, she said, you only have one job now, and that's to win in the Netherlands. But that was the scariest professional moment of my life, and I really thought my career is completely on the line and I remember really reflecting on how it was all going to kind of come down to this. And I called my team together on Monday morning, and I said, remember, all the conversations we've had about career development and people wanting to explore this and that none of that matters right now. The only thing that matters is us beating spurs. So Oscar, you own this metric. Our time, you own that metric, bob, you own that metric. I said, you have two weeks to come back to me with a plan on how you're going to win. And the team did an amazing job coming back with really bold, courageous ideas. And we executed like crazy for 6 months. We really transformed Mart plots from something that was good to something that was great. Eventually, spritzers exited the market completely and Mark plots has grown and grown and been a tremendous success. And that's really, you know, one of the proudest achievements of my career, but it also informed so much of what I ended up doing later. You were, I mean, at this point, you know, with the success of Mark plots. This was, I think, around 2008, you were sent to overseas Skype, become the CEO of Skype. Yes. And at the time, like 2005, eBay bought Skype for like two and a half $1 billion. And this is a pretty controversial acquisition because there wasn't clear that Skype was actually a good acquisition in 2008, right? Yeah, I mean, so I added by that time formed a reputation as the person who went and fixed the things eBay bought that were broken and they didn't know what to do with. They paid a lot of money. I think it was $2.9 billion. So eBay needed someone to go run the company. And everybody told me not to take the job for a whole bunch of reasons. That Skype is in the telecommunications industry. It's about free phone calls at a time when calls are going to zero anyway. Culturally, the company was really fraught. It was geographically dispersed all around the world, and there were just lots and lots of challenges. But I felt like, you know, what Skype does for the world is really meaningful. It's really important. Skype's about being together when you can't be in the same room. And that mission is much more powerful than the whole world can talk for free. And if we're about being together, it's about way more than phone calls. So we pivoted the company to be about video calling. And that really opened the next chapter for first Skype. We did two big pivots. One was going from phone to video. And it's not that Skype doesn't do phone calls, but we made video calling the centerpiece of Skype. And second was launching on the iPhone, which was a brand new product. And that ended up unleashing a ton of growth for Skype. The story there may be is kind of interesting. Can I tell a quick story there? Please. All right, so Meg Whitman had told the market that Skype four was going to be the future of Skype. That Skype for that I was going to be transformative. And so I flew to Europe, I took the job for Skype really excited to see what this Skype four thing was. And I get the all the leaders of Skype four in a room together. My first day, I call the product manager, the head of design, the head of engineering, the head of quality. I get them all together. And I ask them one question, what are we solving for in Skype four? And I've got 7 people here 7 different answers. And it turns out the prior leaders, they thought they were going to make money on Skype by selling ads and they created a larger format instead of skyping this little tiny narrow thing that took up only a little bit of your screen real estate. It was suddenly going to take up your whole screen. So, you know, I think Skype was evenly split. Half of the company thought that we couldn't ship four that we were so dysfunctional that our teams were so at each other that we weren't going to be able to get anything out the door. The other half thought that we shouldn't ship it because it was an absolutely terrible idea. And it was going to kill the company. So half thought we couldn't ship it and have that we shouldn't ship it. So I ended up writing a one paragraph mission statement for the team that said the mission of Skype Fortnite always to drive engagement and that one paragraph mission statement gave the leaders enough clarity about what success looked like and what the constraints were. Gave the team that enough structure, but they had a lot of opportunity to still innovate on how they were going to achieve that mission. And they ended up shipping for which frankly saved the company. I think that they eventually sold it to Microsoft for like 8 and a half $1 billion. Right. In 2011, which is a pretty good, pretty good return on that two and a half $1 billion investment 6 years earlier. Yeah. Yeah, particularly when you think that the financial crisis set right in the middle of that. Yeah. I know that you would go on to spend four years at American Express, but I want to talk about Etsy because first of all, can you tell me what was going on at Etsy? What were the circumstances under which you became the CEO? How did you get involved? Yeah. So I joined the board of Etsy. I thought maybe it could be helpful. And what was happening at Etsy was that our gross merchandise sales had been decelerating quarter after quarter year after year for three years in a row. And gross merchandise sales is the sum of all the products sold on Etsy. And the growth rates had been decelerating in decelerating. I think the management team had come to the conclusion that Etsy is about as big as it can be. We are most of the market for handmade product. And so I guess we should go get into other businesses. And so that wasn't going well to say the least. Let me try to understand for a second because Etsy, most people who've used love it, right? It's just awesome. It's like, it's like going to an artisans market, except it's online. Yes. So what was going on in 2017? Why? I mean, because from what I understand, the stock price was like ten bucks, the company was losing money every quarter. I mean, was it just people just like using it? What was going on? Yeah, so you're right, that people love the product and Etsy. And that's the most important thing, right? Is that it does what it says on the ten. So if you talk to people who've just bought something on Etsy and you ask them, what do you think? They love the product that just arrived in the mail. And they love the connection in the communication that they had with the seller. They get a handwritten note, the product was made just for them. It's a wonderful, it's amazing thing. Right? Yeah. But the company was really unfocused. So what was happening was there was a lot of activity, but not headed in one direction. It wasn't adding up to making the product experience better in a meaningful way, and then communicating that out to the market. And to give you just some examples of that, there's over 60 million items for sale on NC. Wow. So that's a lot. To draw a picture in your mind. There's 200,000 coasters for sale on Etsy. Two 100,000 coasters? Yes, like for drinks, right? Yeah, so if you were to sit in the middle of the University of Michigan stadium and look around every seat would have two sets of coasters. That's how many coasters there are for sale in it. Wow. And the challenge for our engineering team is we've got to pick the 30. That should go on the first page of search results for

Skype Etsy spritzers eBay Mark spurs Mart the Netherlands Oscar Meg Whitman bob Europe American Express Microsoft University of Michigan
'The Bodies of Others' Author Naomi Wolf on the War Against Humans

The Eric Metaxas Show

02:12 min | 4 months ago

'The Bodies of Others' Author Naomi Wolf on the War Against Humans

"Return with Naomi wolf, her brand new book, the bodies of others, the new authoritarians COVID-19 and the war against the human. Now, Naomi, when you say the war against the human, this is where I see this extraordinary convergence. I mean, because we're living in such bizarre times, but when you leap to this idea of the war against the human, you're positing humanity as a good thing. And you're saying that those on the other side, these authoritarians are somehow wittingly or unwittingly anti human. Just talk about that for a moment. Sure, and I have sadly a ton more evidence of their war on humanity since the time we last talked to Eric. It's truly terrifying. So in my book, I make the case that, as I mentioned, these bad guys, right? This loose alliance of the World Economic Forum, the Chinese Communist Party, Bill and Melinda Gates Foundation, governments, and big tech used the pandemic of the last two years and used medical or public health messaging as cover for the real intentions, which we're seeing play out now. They were pretty successful. Their real intentions were to dissolve human civilization and to weaken human beings. And to transfer assets and power and control from human beings as a group, but especially from the middle and working classes to them themselves. And they've been largely successful. Let's just take two examples. The lockdown directive, right? It didn't help the data and it didn't help in terms of stopping the spread. It totally helped in terms of crushing businesses that couldn't afford to stay closed for 6 months a year. Over a year, small businesses, mom and pop shops, small landlords, but Amazon is open, right? Etsy is open. So you saw these companies go up 20 to 25% market share. And people's people's habits completely changed.

Naomi Wolf Alliance Of The World Economic Chinese Communist Party Melinda Gates Foundation Naomi Eric Bill Etsy Amazon
"etsy" Discussed on It's Been a Minute with Sam Sanders

It's Been a Minute with Sam Sanders

06:18 min | 8 months ago

"etsy" Discussed on It's Been a Minute with Sam Sanders

"Things up a little bit and lots of companies have been benefiting from that push and Etsy was one of them. Yeah, so Etsy's chief executive, Josh silverman spoke at The Wall Street Journal job summit. What did you hear from him about how he thinks about where Etsy fits into this big ecommerce marketplace and the direction that Etsy might be taking in the future? Yeah, I mean, he's been really open about the fact that they're trying to compete with the big guys. They want to be the go to destination for online shoppers. They want to be where people are starting their online shopping journeys. IE, they want to be Amazon, they want to compete with Amazon, but they want to do that while trying to maintain what makes them unique, which is the fact that they're a platform exclusively for handmade and vintage products. Which is a pretty tricky line to walk. You know how you can kind of see Amazon didn't get to be Amazon by relying solely on small handmade items. But you know, that is what they are attempting to do. And he said that in their earnings call and he doubled down on that when he was interviewed at the journal's job summit this week. You know, there are a couple of things there that I just want to tease out right. The first one is this idea that a company like Etsy wants to rival a company like Amazon and the reason that stuck out to me is because when I think of Etsy and I think when a lot of people think about Etsy, they're thinking of artisan goods, they're thinking of small businesses. And I know there have also been complaints about mass producers on Etsy that are in violation of the terms of services. How do you kind of square those things? How does he swear those things? Yeah, I mean, I think it's a really good question because it's kind of a tough thing to do. Etsy previously has seen an explosion in their active seller base and there are accusations from longtime sellers on the platform that many of those people are reselling and that they're selling mass produced goods that you can find on lots of other places. And you know, to some extent, the company has acknowledged that. They are spending lots of money investing in artificial intelligence and building up a team of agents that can kind of remove those bad listings from the platform, but when you think about scaling, if you're a one person shop, making handmade goods, there's a limit to how much you can produce. And so that's a little bit more difficult to scale. Right, factories exist for a reason. So seeing how they get there is going to be tricky and they really do have to walk that line because why would you go to Etsy if they're selling the same things that everyone else is selling? Do you have a sense of to what degree Etsy is listening to at sellers? Obviously, some have taken the step of striking others have been very public about changes with the platform that they do not agree with. Do you have a sense of Etsy is listening at all? Yeah, so what Josh has said is that Etsy has basically listening channels. They are taking regular surveys to kind of check the temperature of the sellers, but when you talk to sellers, you hear a very different story. And many of the striking sellers part of what is frustrating them is that they feel like they don't have enough of a say in this company that means so much to them. And you know, I talked to a seller who was like, you know, we want to see a seller representative on the board of directors. We want to see sellers and powered from within the company. We want sellers in the room when these decisions are being made. Now, that's a far cry from sending out regular surveys to get feedback. So when you think about what it is that protesting sellers might want and what it is that the company has thus far offered, you can see there's a pretty big gap there and unclear if Etsy feels pressure to kind of try to find a way to bridge that gap at some point in the future. I want to zoom out a little bit and talk about the landscape of online shopping and online consumption right now. This pandemic is far from over. I don't want to suggest that it is. But many people are out in the streets a little bit more. People are going out to brunch and walking around their neighborhoods. There are a lot more crowded, local bookstores, and like little Trotsky shops and things like that. In this kind of new year, what are you looking for in terms and what are you watching in terms of online consumerism are people moving away from, as you and I do, shopping mostly online? Yeah, I mean, people are outside, you know? And I'm in Queens and the weather is getting nicer. And you're in the 80s. It's been yes, it's been a long two years and people are ready to be out and about. And we're seeing that reflected in the numbers, you know, ecommerce upward trendline is still going up generally, like ecommerce is still growing, but the trendline looks a lot more similar to what it looked like pre-pandemic than what it looked like during the kind of boom years of the pandemic. Online shopping is not going to replace physical shopping anytime soon. You know, we've been doing it the old fashioned way for a really long time and it has lots of appeal. And there are things about it that online shopping just.

Etsy Amazon Josh silverman The Wall Street Journal journal Josh Queens
"etsy" Discussed on Marketplace Tech with Molly Wood

Marketplace Tech with Molly Wood

08:04 min | 8 months ago

"etsy" Discussed on Marketplace Tech with Molly Wood

"Of vendors on Etsy are staging a strike after the company announced it would hike transaction fees for sellers by 30%. It's the latest in a series of changes that Etsy says will help it compete with ecommerce giants, like Amazon. By improving customer service, attracting more buyers and strengthening the brand by policing listings for mass produced items, something sellers have been asking for. It's a topic for quality assurance where we take a second look at a big tech story. Samantha close is a Professor of communication at depaul university. She produced a short documentary on Etsy's workforce and says the marketplace is unique because its sellers are mainly small, women run businesses. I think that the fee hike is such a big deal in part because it's coming at the end of unprecedented growth and kind of good fortune for Etsy the platform and relatively unprecedented strain and exhaustion for Etsy sellers, especially women, especially mothers. And so this is kind of a breaking point of the moral contract is not being upheld. We're not all working together anymore. What are some of the other changes that the platform has made that are also upsetting sellers? I've been following Etsy in particular for about a decade now. And there's been this long shift of changes that sellers see as moving the platform away from favoring the people who are most essential to its brand, right? These kind of real handmade artisanal sellers. And doing things that favor larger operations. And that are pushing the sellers to need to act a lot more like Amazon. So one of them would be the move to say you need to do free shipping. And if you don't do free shipping, then we'll downgrade you in the platform, right? In the algorithm, the search results. You won't show up as high if you don't offer free shipping. But sellers have to eat the cost of free shipping, right? And these are the kinds of decisions that I think make sense if you're thinking about larger businesses working with each other. And so maybe Amazon, this will this works for them or Google, this works for them. But Etsy with these kind of small one person two person shops are just saying you're not favoring us anymore. We're essential to your brand for essential to what makes you distinct from Amazon from Walmart. But you're not helping us. What are the ways that Etsy sellers need the platform? So Etsy has the brand image of the handmade. And then it has the audience of buyers who are looking for that kind of handmade artisanal stuff. And that kind of brand image and that large audience is something that's really difficult for an individual or even a small group of sellers to come up with themselves. There was an attempt 9 years ago when Etsy made one of these first changes and redefined how they were understanding handmade on the site. It used to be that you had to touch something with your hands in order to sell it in the handmade category, and they changed to allow its sellers to work with outside manufacturers. There was a lot of other people over this and a lot of sellers tried to move. Enough sellers actually moved to a competitor exhibit that they crashed exhibit servers. With a few thousand of them making accounts, essentially overnight. And what they found largely is that it was really difficult to bring their buyer network with them, really difficult to bring that audience with them. Etsy has said that some of the fee would actually go towards, you know, some of the requests that strikers have such as AI to identify and take down sellers that don't meet that kind of threshold of handmade goods and dilute the brand. Why is this not enough of a solution for those involved in the strike? These are not new requests. These are requests that I remember back when I started studying the platform. And this is a decade ago. It seems kind of suspicious to say, oh, we'll fix these demands that you've had for many, many years, with this increase that's coming now, even though we've done really well and taken in record profits over the last two years. Why couldn't some of those profits go to fixing some of these demands that have been had for many, many years before this? There are tens of thousands of sellers who have signed on to this petition so far. But there are more than 5 million listed businesses on the platform. So how representative do you think this strike is of sort of the greater community of Etsy sellers? There's just no way to know. It would be hard to know when a statistical way if the people who signed on to the petition or participating in the strike are representative of the community. But who they are representative of is the kind of seller that's core to Etsy's image as handmade as artisanal. Does it feel like this is an inflection point for kind of what the future of Etsy is going to look like? I think it really is. There have been a few different inflection points in the past, but this is the biggest moment of sellers coming together and saying, hey, look, we need to renegotiate the way that this is working. This partnership that we're in. So if things don't change, I really do see Etsy as in danger of going the way of MySpace. And watching its community that was really vital just kind of give up and say, all right, well I guess this isn't worth it. Samantha close is an assistant Professor of communication at depaul university. And now for some related links, you can find Samantha close's short documentary about Etsy sellers, I am handmade, crafting in the age of computers. It's up on vice with an interview about the graduate research she based it on. Close said, she chose to study crafters because it's a unique world of small business and creative production that is dominated by women. And in an interview with marketplace tech back in 2020, Etsy CEO Josh silverman confirmed that is the case on the platform. He told Molly wood around 80% of sellers are women and more than 90% run their businesses from home. Now, if you're having a bit of deja vu over the whole, the platform taking too big of a cut argument, maybe you heard our show earlier this week, about app developers and the hefty commission's Google and Apple take. Well, Shira O'Day wrote in The New York Times, this conflict is getting repeated over and over all through the tech economy. Between drivers and Uber and Lyft, restaurants, and delivery apps, property owners, and Airbnb. Because she writes small businesses and entrepreneurs today, pretty much all depend on some sort of digital middleman. Jesus alvarado, Sasha Fernández, and Daniel shin produce our show, Becca wineman is our engineer. Amanda peacher is our senior producer. I'm Megan mccarty carino, and that's marketplace tech. This is APM. Marketplace is for public good, not for profit. We count on you our listeners to help cover the cost of the tech and business reporting you rely on. We're going to remain free and accessible to everyone. That's part of our mission. But if you're in a position to donate, we're counting on you. Give what you can right now at marketplace dot org slash give tech or click the link in the show notes..

Etsy Amazon Samantha close depaul university Walmart Google Samantha Josh silverman Molly wood hefty commission MySpace Jesus alvarado Sasha Fernández Daniel shin Shira Becca wineman Amanda peacher
"etsy" Discussed on Etsy Success Podcast

Etsy Success Podcast

02:57 min | 1 year ago

"etsy" Discussed on Etsy Success Podcast

"We've teamed up with experienced sellers to host at success workshops they'll cover topics like search engine optimization greater at sea shop. They also talk about photography for your se shop as well as other things like branding marketing social media and more. You can say what workshops are happening in len over at fau dot dot com and to give you a little preview of what to expect. We best if you are not you instructors to say hello and share some of their top tips for improving your visibility at sea search. Hi everyone. I media the shop owner of mimetic. We specialize in bohemian wedding dresses. I am from celona. Spain and one of the oetzi. You instructors this year. I'm super excited to share with you. My upcoming workshops on how to improve your oetzi shop a seo lover. Learning how seo works on oetzi has helped me to grow. Ship sails exponentially. Thanks to you. Today i have a thriving business and lovely team. That's why i love to share with you. My favorite tip when it comes to a research at the very beginning of your title chose a long tail cure that you know your ideal. Customer is using to find products like yours and then use the rest of the title to explain in more detail decorative mystics of your product. Give it a try. Wishing you all the best and i hope to see you.

"etsy" Discussed on Etsy Success Podcast

Etsy Success Podcast

02:32 min | 1 year ago

"etsy" Discussed on Etsy Success Podcast

"If your average listing views per visit is low it might mean that people are visiting your shop but not spending much time exploring other listings ray. An akita to conversion is engagement so keeping buyers interested and clicking around. Your shop is idea with that in mind. A lot of sellers will add links to their listing descriptions to help guide buyers to other listings in their shot. Oh you mean like okay. I've seen this before. I know like one seller will be selling a gemstone necklace. And then she made linked to you know other pieces of jewelry containing this gemstone description to sort of help buyers navigate finely. Maybe they like foul not item in search but it wasn't the exact right item so they find the ranking them then by right browsing around good strategy another way to keep buyers browsing around your shopping engaged having about section in place. We talk about about sections a lot. But i feel like they're so important especially when it comes to your personal brand and it kind of fits into achieve brand's story as well right so we've seen that sharing your story and cohesive branding across the shopping resonate with fires ian pique their interests. So this is obviously good for your conversion rate to and then additionally just having about section in place will automatically give you a boost in search so yeah definitely fill it out. It only takes about ten minutes. Same goes for shop policies. Just having them in place. We'll give you a boost in search and can help buyers feel more confident making a purchase so yep also good for your conversion rate..

ian pique
"etsy" Discussed on Etsy Success Podcast

Etsy Success Podcast

03:30 min | 1 year ago

"etsy" Discussed on Etsy Success Podcast

"They'll also play a role in whether or not a shopper decides to make a purchase. Think of yourself when you're shopping online. Maybe you're looking for a time sensitive gift or you need something for an upcoming event you'll want to know exactly when.

"etsy" Discussed on Etsy Success Podcast

Etsy Success Podcast

02:48 min | 1 year ago

"etsy" Discussed on Etsy Success Podcast

"Lifestyle. shots are a great way to capture. How your product is meant to be used which can hope shoppers. you know. imagine in their own lives. check out the seller. Handbook article seven essential types of product photos for even more ideas. We've linked to that in be description for this episode so shoppers intrigued by what they're seeing in your photos. They're probably going to move on to your listing description to learn more so ideally descriptions should be concise informative but still engaging and written in your brand's voice you wanna aim to lead with the most essential information lake again. We're size dimensions. Color options.

"etsy" Discussed on Etsy Success Podcast

Etsy Success Podcast

02:41 min | 1 year ago

"etsy" Discussed on Etsy Success Podcast

"Okay. <Speech_Music_Female> <Speech_Female> <Speech_Male> <Silence> <Advertisement> <SpeakerChange> <Speech_Music_Female> We're almost done <Speech_Music_Female> today but before <Speech_Music_Female> we go we would like <Speech_Music_Female> to end the show <Speech_Music_Female> with shop. Talk <Speech_Female> if you're a new <Speech_Female> listener. This <Speech_Female> is the segment where we <Speech_Female> post a prompt in that <Speech_Female> city forums and <Speech_Female> sellers send in their <Speech_Female> answers by leaving <Speech_Female> us a message or <Speech_Female> emailing us a voice <Speech_Female> memo <Speech_Female> for anyone tune <Speech_Female> in for the first time. <Speech_Female> We've recently <Speech_Female> been sharing stories from <Speech_Female> sellers telling us <Speech_Male> about a challenge <Speech_Male> overcome. <Speech_Male> And we've gotten a <Speech_Male> lot of amazing responses. <Speech_Male> Here <Speech_Male> are some more of <Silence> the stories you sent in <Silence> <Advertisement> <SpeakerChange> <Speech_Female> hi. <Speech_Female> I'm karen from goodwill <Speech_Female> day. I <Speech_Female> make organic jersey. <Speech_Female> Cotton hat <Speech_Female> towels a <Speech_Female> satisfied business <Speech_Female> in february. And <Speech_Female> my first batch of <Speech_Female> care labels didn't <Speech_Female> turn out as <Speech_Female> expected. So <Speech_Female> i had about <Speech_Female> forty towels <Speech_Female> that i didn't <Speech_Female> feel comfortable <Speech_Female> selling <Speech_Female> so <Speech_Female> donated <Speech_Female> lots to <Speech_Male> individuals <Speech_Female> with cancer <Speech_Female> <Advertisement> or who had <Speech_Female> <Advertisement> cancer going <Speech_Female> <Advertisement> through chemotherapy <Speech_Female> <Advertisement> or recovering <Speech_Female> <Advertisement> from chemotherapy. <Speech_Female> <Advertisement> And radiotherapy. <Speech_Female> <Advertisement> who's. <Speech_Female> <Advertisement> Scouts might be <Speech_Female> sensitive. They've had <Speech_Female> <Advertisement> had lost the harry <Speech_Female> squaring back <Speech_Female> <Advertisement> and is <Speech_Female> <Advertisement> sort of baby soft <Speech_Female> her <Speech_Female> and <Speech_Female> that felt really satisfying <Speech_Female> and they've been really <Speech_Female> well received <Speech_Female> and i've had some lovely <Speech_Female> reviews and <Speech_Female> <Advertisement> it just feels great <Speech_Female> <Advertisement> to be able to have <Speech_Male> <Advertisement> turned something <Speech_Male> could have been a desert <Speech_Male> austa into something. <Speech_Male> That's <SpeakerChange> actually <Silence> helped people. <Speech_Female> <Speech_Female> I'm emily with amber <Speech_Female> and hayes. I <Speech_Female> started my company <Speech_Female> in two thousand <Speech_Female> and eleven <Speech_Female> and i became <Speech_Female> a single mother <Speech_Female> in two thousand and sixteen. <Speech_Female> My <Speech_Female> at see store not only <Speech_Female> has <Speech_Female> allowed me to <Speech_Female> live my <Speech_Female> dream and <Speech_Female> make my hobby <Speech_Female> my career <Speech_Female> but it's also <Speech_Female> allowed me <Speech_Female> to get out of a toxic <Speech_Female> situation <Speech_Female> with four kids in tow. <Speech_Female> It's allowed <Speech_Female> me to be able to stay <Speech_Female> at home with my <Speech_Female> children. <Speech_Female> And and be there <Speech_Female> for them. <Speech_Female> And i <Speech_Female> love my <Speech_Female> life now so <Speech_Female> i <Speech_Female> oh that <SpeakerChange> to <Speech_Female> se <Speech_Female> high. <Speech_Female> I am sarah <Speech_Female> of soft room <Speech_Female> studio. <Speech_Female> I'm a textile <Speech_Female> store. So <Speech_Female> i actually handmade <Speech_Female> rugs <Speech_Female> and sell <Speech_Female> one at c. h. <Speech_Female> Challenge that i <Speech_Female> had to overcome <Speech_Female> was putting <Speech_Female> myself out there. <Speech_Female> I think that <Speech_Female> was really hard for me <Speech_Female> to <Speech_Female> overcome the insecurity <Speech_Female> of thinking <Speech_Female> that nobody would <Speech_Female> buy it or <Speech_Female> nobody <Speech_Female> else really be interested <Speech_Female> but <Speech_Female> once i just <Speech_Female> believed myself <Speech_Female> in honestly <Speech_Female> just kind of came from curiosity <Speech_Female> to kind of <Speech_Female> see what would happen <Speech_Music_Female> and people <Speech_Music_Female> really liked the <Speech_Music_Female> product answered <Speech_Music_Female> shopping on this <Speech_Music_Female> tour more often <Speech_Music_Female> and asked me <Speech_Music_Female> questions and <Speech_Music_Female> just that one <Speech_Female> moment of kind <Speech_Music_Female> of bleeding myself in <Speech_Music_Female> wanting to see what would happen <Speech_Music_Female> <Speech_Music_Female> is all that <Speech_Music_Female> it took to <SpeakerChange> <Speech_Music_Female> get me on the right track on. <Speech_Music_Female> Its <Speech_Music_Female> <Speech_Music_Female> <Speech_Female> and that is it for <Speech_Female> today. You <Speech_Female> can find

cancer karen sarah
"etsy" Discussed on Etsy Success Podcast

Etsy Success Podcast

05:39 min | 1 year ago

"etsy" Discussed on Etsy Success Podcast

"To appear as search for nurse reprint. Our system will put them together. Since you happen. Both there right. Yes exactly okay. Cool going back. Categories and attributes. Repetition is also relevant here so the selections you make in you. Know categories subcategories and attributes again. Those act tags. So if you have these words already on your list and you don't necessarily need to add them into the tags again unless they're party a common phrase that you're feeling really strongly about in terms of lake. Somebody would type into search. Yeah i could. Example of this is e. Sell something in the home decor category need to add home decor as tack. But you might you know. Select something like boho wall art. He another common mistake. You know it's not necessary to include misspellings and your tags at sea. Searchable redirect shoppers to correct any small. Typers they might make men are searching. Oh yeah yeah. Yeah i think so. Let me take you back for a second. I think you know way back in the day. Maybe there wasn't that autocorrect situations search. So i did see sellers. Used to like in their tags put three different versions of a phrase and they were missed. Lang don't need to do that anymore. Folks we we have advanced a little bit there so yeah don't include misspellings another area. I get a lot of questions. About is the concept of singular versus plural when a shopper enters their search on the system will actually look at the root word for the phrase they entered and then match them to the root words in your listings keywords so for example a search for shelf would still be matched with things that have shelves in the titles or tags because they have the same root word saving for like women versus woman. All right. let's should yours. Can you explain the nuances for sellers. International markets how skewered translation work for them yagi question so we actually advise against adding tags or title words in multiple languages. This is because the titles and tags that you add should only be in the language that you chose back when you were setting up your shot at you actually translate everything for buyers who are shopping language. That's different from yours with that. Said if you happen to speak multiple languages fluently then you can choose to translate your listings yourself if you.

Lang yagi
"etsy" Discussed on Etsy Success Podcast

Etsy Success Podcast

03:43 min | 1 year ago

"etsy" Discussed on Etsy Success Podcast

"To your individual tags firestone to searching praises versus just typing in a single word so when we think about query matching you know you're more likely to match way and you know rank with a more compound phrase versus just a single word so you know instead of towel as a tag you might wanna do kitchen towel or linen towel just to get more specific and closer to what a buyer is likely searching something else to be. Mindful of is how your phrases are worded so get a lot of questions around does the order of the words in the phrase matter. Yes and no so. Let me explain so like shirt dress and dress shirt or going to surface different result when somebody types them into search that if you have shirt dress as a tag on your listing you are still eligible to appear in search results for dress shirt. But if you are you know shirtdress and they've typed in shirtdress. You may rank higher in those search results. Scott it so you wanna really lean into what you think. Your buyers are going to type into search. That's a really good way to sort of come up with your titles and tags. Just be mindful that you will be eligible to appear. The arrangement of words is a little bit different. But you may rank higher in the ones that are in exact match ya. I also think it's helpful to refer to your shots that's periodically to the which search terms buyers are easy to find your listing definitely and then you can use that information and to update the tags or titles on listings. That are getting trafficked. One caveat i would avoid making updates to frequently justifies it can take some time for any new keywords to gain. Traction you wanna give any updates enough time together. Some data before mickey and another big update. I like to look at traffic every few months or so. To get a sense of what key words are getting the most visits. I always make sure that the most popular keywords represented across all of the other relevant listings in my shop then i'll swap out any keywords. Aren't doing much for me. That's a good idea. Yeah okay let's move on to calming mistakes that we see. Do you want to get started here via a mistake. I often see as as well repeat the same keywords. In their tags the thirteen tax you add should be really neat and include as much variety as possible all remember like people may use different queries to search for the scene things including that variety relevant words can help you get found by a wider audience for example instead of using tags like nursery art and nursery prints. You might want to use something. Like kids art frank and nursery walter core because that will help your listing get in front of more potential buyers so you're saying nursery are and nursery print. Those are two separate tags that you'd have on your list jane. You're kind of repeating though right. You're repeating the word nursery twice. I guess if you feel really strongly. Like oh i feel buyers are definitely in his hyphen nursery art and nursery print. Then it'd be okay to have them both. But chances are you might get further with something like you said. Kids are print young nursery wall decor exact. Those be your two separate. Yes so if somebody does search nursery prince and you don't have nursery print as attack but you have like you said nursery wall decor and kids are print..

firestone Scott mickey frank jane
"etsy" Discussed on Etsy Success Podcast

Etsy Success Podcast

05:29 min | 1 year ago

"etsy" Discussed on Etsy Success Podcast

"My napkins felt like a good fit for mother's day. So i ended a couple of phrases like gift for mom to my tags in early february. That might seem a bit early to some people. But i saw my products internationally really wanted to make showers targeting shoppers in the uk Who celebrate mother's day in march but this also helped me get discovered by buyers in the us who are getting a head start on their mother's day shopping brilliant. It's great to imagine yourself as a shopper. Who's looking for the perfect gift and think about the kinds of phrases that they would typically type into search that would be relevant to your products and then going back to the holiday or occasion themes that you mentioned. Don't forget to choose the right attributes so if you make an item that is relevant to a certain you know holiday or occasion you can add that act tribute a one thing to keep in mind though. Is that attributes should only be used to describe listings that are designed for that specific occasion. Our holiday not really items that could be given us like a gift for that occasion or holiday. Does that make sense. Yeah so for example. While you're napkins might be the perfect christmas gift for someone if they are just a fruit themed napkin. You probably wouldn't select the christmas holiday attribute just because it's not directly relevant to your item. You just skip the attributes. I see but if you had napkins that had you know like evergreens on them or evenly. Christmas trees specifically. That could be a situation where you would apply the christmas attribute. Just because they're directly related feminists makes perfect sense. Free inventory tip for you there okay. So any other brainstorming tiffs before we move on. Yeah i also really like to look for trends in my reviews to help me think of key word if i notice. A certain detail seems to appeal to my customers enough that they're mentioning it in their reviews. I make sure to capture. It has occurred to target other people especially if it seems to be solving a problem or fulfil specific need. Whoa feedback from reviews is a great way to learn about your target customers and get keyword in spo- yeah. I'm like annoyed that you haven't told me that. But that's a really good idea. You can learn what they value. What specific needs have even problems that your product is solving. That's really cool. Yeah do you have an example that you can share yes definitely. I was noticing that a lot of my customers were mentioning that alike that my napkins are really easy to care for her. So this made me think that there's probably other people out there. Searching for cloth napkins that can be thrown in washing machine. So include some phrases like washable napkins to my tags and then he had some care instructions tonight descriptions as well. That's so smart idea something else. I like to think about. When i'm brainstorming. Keywords is that buyers often have a certain aesthetic in mind when they're searching on at z. So i always try to include info related to the illustration or the pattern or the color way So do you actually use the copy feature and just copy earless things and then be sure to go back in and change. He urged to like more specific. Titles tags related to your product. Yeah i do do that. You know..

uk us
"etsy" Discussed on Etsy Success Podcast

Etsy Success Podcast

04:56 min | 1 year ago

"etsy" Discussed on Etsy Success Podcast

"Words on your listing to help you match with even more by your searches so there's for example no need to act like blue as attack if you already selected blue as an attribute. Also blue is kind of a week tag. You'd want you know something a little more than that. But if you're trying to get even more specific in your tags consider like indigo or navy blue. Something that's a little more specific and probably not available in the attributes and one other thing to call out here is that folks can actually shop by category so rather than typing into the sea. Search bar They can just go to the site and from the top natve minu. They can start shopping from there. So it's important to have all the relevant categories and subcategories on your item. So you don't miss out on a visibility opportunities there and then also Attributes going back to eddy search attributes. Actually map back to search filters that are available to buyers when they are shopping so they type in what they're looking for in the search bar and maybe they wanna filter down their results by you know a color or an occasion. Something like that. So if you have the relevant attributes applied to your listings if the opportunity to appear in filtered search results as well so of course a good idea to just cover all your bases and make sure you have all our categories and attributes on your listings absolutely so again just to recap categories and attributes are selected whereas titles and tax created by each seller. This is all available to sellers during the listening process. Yep so you're titles and tags as a seller that's where you can get really creative whereas you know categories and attributes. It's a little easier. It's just more like applying the things and make sense to your item going to titles in tags. Though i've heard from sellers that it can be really difficult coming up with keywords so i thought maybe we could talk a little bit about what your processes liking me..

navy eddy
"etsy" Discussed on Etsy Success Podcast

Etsy Success Podcast

03:29 min | 1 year ago

"etsy" Discussed on Etsy Success Podcast

"I think the foundation of understanding how to get discovered through at sea search is really knowing how to choose the right key words for your listings. Essentially your keywords cre- opportunities for your items to be shown to buyers in search results and we call this matching yes. Let's define what that is a little more. Let's say a buyer types of phrase into the search bar and your listings include keywords that match that query that would mean that your items have the potential to appear in the search results that the buyer will see the way it works. is you know. Exc- search gathers all the listings that are really relevant or very similar to a shoppers query. And then we rank those listings so that shoppers see the items most relevant to their query will cover ranking more in the next episode. But basically it comes down to associating the right words with your listings so you wanna think about your target customer or the people who are most likely to purchase from you and what they would be typing into the search bar when shopping for an item like yours go with those words and phrases exactly. Let's define some of the terms that seller should know and why they're important. I of course there's key words and your key. Words are the words and phrases that you choose to represent your products. They're found in areas like your tags. Titles categories and attributes for your tight along. The title is the first bit of copy that a shopper will see before clicking on your listing..

"etsy" Discussed on Etsy Success Podcast

Etsy Success Podcast

05:31 min | 1 year ago

"etsy" Discussed on Etsy Success Podcast

"I heard there's gonna be a lot of teams of indulgence this year. Can you tell me about that. Yes so for many people. New year's eve celebrations are coming back a very excited about that so with this. This means that shoppers. They wanted discover invitations. They want to discover great party decor accessories shell stopping outfits They just wanna look and feel their best and you know. I'm i'm tagging it again. I think that we're gonna see a roaring twenties moment To really bring on the opulence so sellers think about materials like sequence or folk for An and in terms of items that statement jewelry again and when we break it down to what are searching for in real time a twenty nine percent increase in searches on its deeper dropped waist dresses and the last three months a fifty two percent increase in searches on for flapper dresses in the last three months. So i think this could be vain. Dang i definitely used to have a red flopper address in college only under now but yes so for our vintage clothing sellers. You think it's great to keep an eye out for those styles when you're sourcing items for your shop because this is what shoppers were looking for so before i get into our lightning round questions from the forums. Wanna talk a bit about some of our holiday..

Dang
"etsy" Discussed on Etsy Success Podcast

Etsy Success Podcast

05:42 min | 1 year ago

"etsy" Discussed on Etsy Success Podcast

"This is a time for you to consider adding those tags like tinge wedding ring to your your tags especially now because so many people are specifically looking for very unique engagement rings whether that's a colorful stone any non diamond Or a vintage minora handmade but the point is is that i think more than ever people are strang away from cookie cutter and really wanting something that reflects their personality so moving onto accessories. Can we talk about how people are going to be staying cozy in the winter months. Oh yes speaking of vintage yet again. I wanna call out to our bench. Sellers that cozy layers Are continuing to rise in popularity in. This is a great way for you guys to jump in on cheerleading. Really beautiful items in your shop like case. Oh my god vintage. Kp vintage capes. This is a moment for vintage. Kp blanket jackets oversight scarves. I think this is where vintage cellars can really shine And of course handmade sellers like. This is an opportunity for you as well. I think what. I love so much about these particular layers. That people are shopping for is that not only. Is it a great thing for them to purchase themselves. But it's also such a great giftable items for the holiday season per shore of the cape's trend just because i feel like it's just so classy and perfect. Oh i love it okay. Are there any other accessories trends that we haven't discussed yes okay so tests now. That people are traveling again and You know they're wanting to get out and explore. This is a time that the travel necessities are willing to be great ideas for gifts especially for the holiday season. So here's what..

Etsy Buys Secondhand Clothing App Depop to Tap Into Gen Z

Techmeme Ride Home

00:43 sec | 1 year ago

Etsy Buys Secondhand Clothing App Depop to Tap Into Gen Z

"Fz announced this morning that it is buying the london-based fashion resale app depop. I was not familiar with depop but apparently it is very popular with gen z. And apparently it was worth one point six billion dollars to quoting the new york times the cash deal which is expected to close by the third quarter of this year underscores the growing influence of clothing resale platforms more. Shoppers are turning to the second hand market for something cheaper and potentially greener as the overproduction of clothing increasingly adds to landfills. The trend appears to have been accelerated by the pandemic as more shoppers. Look to declutter wardrobes. Earn cash by selling their old clothes or set up fashioned customization businesses from their bedrooms

FZ The New York Times London
Etsy Stock Falls More Than 7% After Earnings

MarketFoolery

01:56 min | 1 year ago

Etsy Stock Falls More Than 7% After Earnings

"Solidly higher than expected. But you would not know that from what is happening to the stock today. Shares of esi falling fourteen percent. I'm assuming this is just based on valuation right. Because they didn't seem to be any big red flags in their results. Yeah and we can talk about the results in a second i would say is that it looks to me like the like. The stock price is really reacting to some of the guidance. That's coming up so they're going to have a little bit more difficult year-over-year calms coming up. Because they did so well last year remember. We had all of the the masks on their platform. Everyone was was looking to buy anything. That's really what's what's causing that. But we talk about the results so I'll take a step back and just explain. What is so at the ecommerce platform for unique handmade and vintage products and its brand is so unique. That twenty twenty survey of buyers that eighty percent of buyers agreed that. Let's see has items that you can't find anywhere else and so when we look at ecommerce platforms which look at the strength of the platform and if their network so in terms of sellers so they saw an increase of sellers of this quarter so is about sixty seven percent increase year over year to total four point seven million sellers active buyers so people have been on the platform at least once in the last year. Increase almost ninety percent year over year to total ninety point six million buyers so a lot of growth here Also what we like to look at our. How often are those buyers engaging the platform for that we look at xy calls habitual buyers which are buyers who spent two hundred dollars more in had six or more purchases in the last twelve months. I'm one of these fires

Why Did Cloud9 Just Pull Out of CS:GO?

Esports Minute

01:56 min | 1 year ago

Why Did Cloud9 Just Pull Out of CS:GO?

"Heartbreaking news out of the Counter-Strike seen a cloud 9 announced that they would be pausing their involvement with csgo as well as disbanding their current team noting the difficulties in remote training for the team as well as the inability to physically assemble as a group for Thursday at training all the reports indicate that after the team's failure to qualify for the EPL season, 13 playoffs. The organization was more inclined to quote unquote stopped their csgo project Counter-Strike new site Rush of minutes to get an exclusive interview with Cloud 9 founder and CEO Jack Etienne where he stated that Global events of drag on longer than the US based organisation expected and was causing undue stress is a difficult is in providing boot camps housing and mental health for the players. Although the writing was on the wall. The news still comes as a shock for an organization. That was really a few years removed from winning half a million dollars at the Boston game. Etsy and emphasize that this would only be a temporary pause or the organization but that the iteration of the next scene would unfortunately had to look very different from the current glasses in their official announcement Cloud me confirms. They remain passionate about competing in csgo, but that they can't return to compete until conditions allow us to work and train the ways we know help teams be successful. Of course what happens to the players correct on the roster will be unknown. Although rumors abound they tweets from the players may head towards a jump to another team or a jump to a competing seen in Valor n't Riot games announcing a new champagne today while also continuing to disable another through Pro play the champion and known as Gwen was T's on a trailer on their website earlier today, but one of their Champions remains literally unplayable for five patches now and will soon be unplayable for a sixth-straight patch the head of the EU LCS Maximilian peterschmidt confirmed at VA go a champion released three months ago will continue to be disabled through the League of Legends midseason Invitational wage. Too persistent bug issues. MSI is set to begin on May 6th. Lumbago was released mid-January.

Csgo Jack Etienne EPL Cloud Etsy Boston United States Gwen EU VA League Of Legends Lumbago
Etsy Crushes Estimates, Revenue More than Doubling

Squawk Pod

05:15 min | 1 year ago

Etsy Crushes Estimates, Revenue More than Doubling

"Nc blowing past earnings expectations revenue more than doubling in the most recent quarter online retailer. One of the big pandemic winter shares up more than three hundred percent over the past year. And it's the biggest premarket gain earned the snp right now joining us to talk about the quarter and the outlook ahead job. Silverman ceo of esi. Josh it's great to see you this morning. You just had this blowout quarter. Let's talk about what you think. The future looks like and i ask in large part because i think we're all hoping that we're about to get into a post pandemic world that may bode well for some and may bode well for others. That's right well. Twenty twenty was a spectacular year for it was a time when circumstance met preparedness and millions and millions of people discovered for the first time or maybe rediscovered at sea At a time when they hadn't been in a long time and she's the kind of business that gets better as it gets bigger So more buyers means more sellers more sellers more buyers which makes the marketplace a whole lot better so to your point You know none of us really know what twenty twenty one brings. None of us have a crystal ball. But if i look at Twenty twenty ecommerce grew at an the crazy rate. Ecommerce grew it over forty percent year-on-year and yet oetzi grew two and a half times the rate of commerce. So i don't know what e commerce is going to do in twenty twenty one. But but i hope and believe that we'll be able to continue to outpace ecommerce overall in terms. Though of the way you think the shopping experience takes place you think by default the growth. You think i mean your how. What's the chance of the same kind of growth next year for example. Well i on the On the bull side of people we tend to forget. There's a lot of people even in twenty nine thousand nine who star shopped almost exclusively amal. Who never shopped online. So millions of people started shopping online and twenty twenty. Who hadn't before and they they loved it. It was convenient and interesting. And so we've brought a lot of people into e commerce warrant there before i'm the bear side during the pandemic can't spend on travel. They can't spend on dining so they're spending a disproportionate share of wallet retail and when they're spending on retail they go to the mall so they're spending a disproportionate amount on e commerce. So what. i don't know what. I don't know that any of us know is what's going to happen to consumer spending overall as you know as as restrictions ease what i do know though is if look over the long term if you're looking at twenty twenty two twenty twenty three and beyond ecommerce bigger and stronger and will be bigger and stronger. I believe as a result. Josh as you know. Musk tweeted on january twenty six. I hope you've saved the tweet. I kinda love at see. How much was that tweet worth. You think this quarter trades on the fundamentals and has always traded on the fundamental so at the time that he sent that tweet. Oetzi stock price went up. I forget the amount. But i think we gained a billion and a half two billion dollars market at four two hours and then the stock price settled right back down to where it started before the tweeting by the way. He's tweeting about the fact that he loves the marketplace tweeting about a product that he bought for his dog. Which which i love. But you know we trade on the fundamentals and i think it's so important that we keep talking about the fundamentals and i hope that's always traits on the fundamentals. Not on some story. That's that's other than that. You thinking at all about accepting bitcoin not right now i'm holder. I've held bitcoin for six or seven years. Now i think on the theory that i think it can be an interesting store of value. It could be an interesting tender. Some david need a whole lot more people to buy an own it before. I think it's really useful for people as as a and then. Finally i wanted to ask you about how you see the marketplace world versus the website or store world given the successive shoplifting. By how many of you are small. Businesses are both on on your service and also developing their own. And what does that mix look like for you know. Many of our sellers will also have their own shop. The challenges creating your own shop today is is is creating a lemonade. Stand in the desert right. It's harder and harder for an individual site to rise above the noise and become a brand that people can remember all the trends. I see is you know. We're consolidating fewer and fewer large e commerce platforms. And that's because the human brain can only remember somebody brands. We can only keep four five six eight brands in mind for everything else. We've got to go to google and we'd better go to facebook and if you're downstream google facebook then they're going to be the ones who get all of the economics so i don't think it's likely that there's going to be two billion thriving individual places to go buy things and years from now. I think there's going to be a handful. So the job of that seeing is to create a brand that stands for something that's meaningful and all of our sellers as a result

Josh ESI Silverman Musk David Facebook Google
Woman sells crochet Bernie doll for over $20,000, donates to charity

News and Perspective with Taylor Van Cise

02:04 min | 2 years ago

Woman sells crochet Bernie doll for over $20,000, donates to charity

"You've seen all of the Bernie Sanders means from Inauguration Day. A famous photo now of the Vermont senator at the inauguration shows up seemingly everywhere these days, and it raises thousands for charity, too. Thanks to a local woman. Compost, Brian Calvert explains. The photo shows a bundled up former presidential candidate sporting a pair of knitted brown tan and white mittens. The picture is definitely made the rounds and it also motivated Toby King to get out her crow. Shea Needles mind blowing because I knew Burning was training because of that picture, and I already had a Bernie pattern in a burning doll. So I just went and got that and I modified in Super quick plan. She wanted to do her own version of the Bernie in the photo. By way of crew. Shay and from beginning to start didn't get up and it was seven hours. But that's on top of the hours and hours of actually designing that that I did like a year ago, when it was all said and done. The Redmond woman had a doll, a perfect likeness of the now infamous photo. She even re created a tiny version of those mittens, the mittens, mittens or not that hard, it's just the color changing a special stitch. Now what to do with a tiny crew shade. Bernie Sanders doll. Toby King immediately thought of doing something good with it. After all, Bernie himself was already cashing in on the popular pose much of sweatshirts. And donated two meals on wheels. Vermont and I said that that is perfect. That is what I want to do. She decided to sell it on eBay and give the proceeds to meals on Wheels America, she tells K II TV. That's when things got really interesting for 99 cents, And then a few minutes later. I want to take the screens. I was like, Wow, it's five bucks. The auction ended earlier this week and the winning bid $20,300 Toby King of Redmond had no idea that good she could do And now she wants everyone to have a crow shade. Bernie. She's not planning on making more. But she is putting the pattern for the doll in her Etsy store named Toby Time. Crow Shea. I'm so so just so happy that everybody is making their own little Bernie and planes and Bernie's out there and just it just makes everybody so happy. Brian Calvert Homo news. Come on his time 1

Toby King Brian Calvert Bernie Sanders Bernie Vermont Redmond Shay Ebay Etsy Store Toby Time Crow Shea America
Etsy shares jump after Elon Musk tweets he 'kinda loves' the e-commerce company

Yahoo Finance Market Minute

00:09 sec | 2 years ago

Etsy shares jump after Elon Musk tweets he 'kinda loves' the e-commerce company

"Shares are jumping about six percent after tesla. Ceo elon. musk. I kinda love. Xy that sent shares of the e commerce company higher.

Ceo Elon Tesla
Nio downgraded by Citigroup, Etsy performs well with stock up 12%

Yahoo Finance Market Minute

00:12 sec | 2 years ago

Nio downgraded by Citigroup, Etsy performs well with stock up 12%

"Neo ended the session down about one percent. It was downgraded at citigroup and sc was one of the best performers today. Up more than twelve percent.

Citigroup
Is Etsy Stock a Buy?

MarketFoolery

03:56 min | 2 years ago

Is Etsy Stock a Buy?

"So. For dozens of listeners, let me just say up front. We are recording this early because I'm taking Tuesday's a personal day. So hopefully, the market is not doing Tuesday morning what it did late in the day, Sunday. And with so many companies reporting this week we thought we would do a a more detailed preview on three companies that are reporting later this week, and let's start with Oetzi. He's going to report after the bell on Wednesday. It's their third quarter report. This is a stock that was in the low thirties in March it's now around one hundred, forty dollars a share. What should folks be watching when it comes to? Yeah. You know it's really funny. I didn't realize that he had been on quite such tear. I guess just had really been paying that close attention to my portfolio and then one day open it up and I saw hey, wow, that's a nice little surprise. That's the best kind of surprise you guys have been doing. Okay. So I will say like first and foremost the dip when it comes to earning season in tweeted this out earlier and I think it's just something that I always want to remind myself. Because we get very hung up in the expectations game in for me. It's always. More beneficial to pay attention to to management and management hitting the marks that they said, not what the streets expecting right I mean management's should in theory the business better than anyone. So I think they're going to provide a little bit more of a realistic outlook and I think it's going to be a little bit more line with the way we invest. And so typically I go through for the companies that do sit guidance and offer guidance I I, look for the things that they say so. Evoke back to just a quarter ago. I mean the language in the call was. Was One of optimism yet caution, and they were really taking things one quarter time. So they did offer you know estimates for four some of the metrics that matter this quarter that gross merchandise sales, which is the the amount of money that's going through that network in the range of two point two to two point five billion that would be anywhere from eighty two to one hundred, percent one, hundred, ten percent up from from the same year ago looking for revenue of three, hundred, sixty, six, million to four, hundred, twenty, six, million would represent a range of growth between eighty five percent in one hundred and fifteen percent. and. So those are the things you know I look at first and foremost similar to just the sheer numbers. Now I think with that see another metric that really matters I mean this is this the Nice thing about the network it's a two sided network with buyers and sellers and they benefit from both. But if you look back. From. Just, Corrigo I mean they reported three point one, four, million active sellers sixty point three, million active. Now that represented growth from two point, eight, million and forty, seven, point seven, million respectively from the previous quarter. So you can see as the corridors go along. This is a business that continues to really benefit from the move towards ECOMMERCE right? I mean e commerce, it's not just an Amazon world anymore in in certainly been proving itself to be not only a great place for people to buy things but a great place for people to sell things and I've been really impressed with. The metrics the past couple of quarters in what they're selling in masks I mean it is just amazing. This is like the place to get a mask and all sorts of different kinds and like you know. All. Sorts of different types of our work involved with these just really interesting to see. This has been such a such a place. For people to go out there in really really sell something that clearly everybody needs in some capacity right now. But Yeah I think that those are the first things that I pay attention to when it to and. Just kind of get an idea of how they see this holiday season the shaping up as

Oetzi Amazon
How to get customers to leave reviews on Etsy?

Side Hustle School

02:32 min | 2 years ago

How to get customers to leave reviews on Etsy?

"Chris. This is Susan from Austin Texas. That I've been listening to this show since it. I watched my side. Hustle is called Grammar Geek Greetings, and my question is about getting customers to leave me. Reviews at see I do have some reviews, and they're all five stars that I would love to get more reviews than I'm not sure how when I send the shipping confirmation I. do include a personal note. Note thanking the person for their order and asking them to leave me a review if they like the card than when I shipped, the cards enclosed a business card with my logo and a handwritten note on the back in red pen, of course reiterating this request I believe at see also reminds customer sleeper review. Do I need to tweak this messaging? Is there something else should do? Thank you so much. What's up? Thank you so much for listening in. Austin, man I Miss Visiting Austin. We're supposed to go there a couple of months ago. As I may have mentioned for my book tour. Lots of other cities as well so hopefully. I'll be able to get back there at some point soon. Anyway, let's talk about your shop. Let's talk about what you're doing. Your Review Process, etc, first of all remember. This is for everybody here. Remember it no matter what you do, no matter how much effort you go to. Susan's doing quite a lot here. No matter what you do getting more than twenty percent of people to leave reviews. It's GonNa. Be Tough. Most customers just never leave reviews at all. Most people don't leave reviews for anything unless it's really bad. Just keep that in mind. Remember that the next time you're looking at restaurant reviews. People often go on. YELP or Google reviews mostly to vent. The time that they're going to do that as much greater than the time. They're going to be like unprompted I think I should go and say good things about this place. So. That's why you do have to prompt them, and that's what Susan is doing. In her case, it actually sounds like she's doing everything right. In terms of the follow up in terms of the handwritten note on the back and Red Pin, I mean that's great, so I went to look at our shop, and at the time of this recording, which may be more later. Probably GonNa be a lot more later because their business going to be great, but at the time of this recording I saw twenty six sales on this new shop and six reviews. Which I think is actually a pretty good ratio. So you know if you're doing all that Susan. It sounds like already have a well established process to ask nicely passionately for reviews which you should do. So my thought is that she should put her focus elsewhere. I mean keep doing what she's doing, but focus elsewhere on more products and customers is ultimately. That's what you want. If you have one hundred sales same ratio, then you're going to have what four times as many twenty-five reviews or whatever so ultimately you want more customers because that will bring you more reviews. But. The end goal is not reviews is sales. Happy customers, etc..

Susan Austin Texas Yelp Google
Etsy is doing very well during the pandemic

Marketplace Tech with Molly Wood

02:07 min | 2 years ago

Etsy is doing very well during the pandemic

"After the Centers for Disease Control suggested that all Americans start wearing masks to be around. Other people masks got hard to find. A lot of shoppers turned to Oetzi the marketplace. Better KNOWN FOR SELLING BESPOKE CRAFTS. Oetzi reported earnings this week. It said it sold more than twelve million masks last month. Totaling one hundred thirty three million dollars and people are buying other things there that they can't get elsewhere like garden plants and seeds sewing materials and even kitchen supplies. The question is can Oetzi. Keep all those customers once. The pandemic ends Josh. Silverman is the CEO of Betsy. I asked him I. Where did all those masks come from the beginning of April the CDC changed its guidelines and recommended that Americans wear fabric face masks and all the sudden we saw an explosion of demand literally overnight on Itsy and so we put out our call a call to our sellers saying? Hey if you have a sewing machine. Please start making masks. And Within Two weeks we had twenty thousand sellers making masks and in fact now we have sixty thousand sellers who've made and sold masks so when you buy a mask from them you really helping them out and Oetzi could go from zero to hundreds of thousands of masks in days just because of the dynamism of the oetzi seller base. Is there any precedent for asking sellers for something specific as usual at all for you to sort of use your incoming data to inform sellers about what might do well? I can't think of a time that we've had a surge of demand for one specific product. That was so strong that we needed to do a a calling all sellers in this way. There are all kinds of product categories. That are selling really well it today. The didn't even exist a month ago. For example there are sellers. That are creating pocket hugs. This is like a trinket that you send it to someone you love to give them a virtual hug and let them know that you're thinking of them and that's one of thousands of examples of products that are sellers have created That create whole new categories kind of out of thin air

Oetzi CDC Silverman Josh CEO
Apple shares rise on holiday forecast powered by Watches, AirPods

MarketFoolery

04:49 min | 3 years ago

Apple shares rise on holiday forecast powered by Watches, AirPods

"Iphone revenue came in higher than expected it was also down overall revenue up two percent a little bit ahead of of guidance or some estimates there Chris as we've been talking about the stories really on the service side so you see service ventures which we've just we spoke to this week in Thank you very much of that time guys this a million a year ago that's growth thirty six percent that's really where the excitement is service on the on the wearable side watches I but iphone buds all over on the gross side over the next several years you look at the stock up a little he's new higher end ipod noise canceling some of those sales factored into this quarter but not much and so that you know if you think to expect the next quarter is GonNa look pretty good and the guidance for the quarter was pretty good so there's a little back they buy back more stock than they actually earns borrow that as we've talked about with the barring two with what they're and on the wearables and the service aside so ipad actually had a very good quarter to route around the world and that's probably only gonNA continue and the stock relatively to last thing I'll just add is you've got the streaming service getting ready to launch guess I'm of two minds on on that one is you go back to the earliest it doesn't mean apple's not going to get better into you know sort of for all of the money that they're pouring into it and they are like you read the reports of how much money that to do that because it's a very expensive market with all the players that are in twelve months of Apple TV so when you think about that is how they're going to continue a- as you mentioned a

Chris Apple Thirty Six Percent Twelve Months Two Percent
Judge gives Musk deadline to respond to SEC's contempt request

MarketFoolery

04:02 min | 4 years ago

Judge gives Musk deadline to respond to SEC's contempt request

"Federal judge to hold musk in contempt of court saying he violated the settlement that he agreed to last year must then took to the Twitter's and road something is broken. That's right. You wanna see some contempt and US district. Judge Allyson Nathan has come out this morning and said you've got until March eleventh explain why you should not be held in contempt of court. He got. I mean, it's all it was about a tweet. And let's take him at his word that he wrote we're gonna produce five hundred thousand cars in two twenty nineteen and then he came back and he corrected. He corrected which as a CEO. I mean, he should know that the first amendment doesn't necessarily apply all the way to him. You have to be careful with what you say that doesn't seem that bad. But what he's gotten is a lifetime achievement award for the other crazy things that that he said, which by the way got the SEC and the court system in, you know, interested in him and his butter public utterings in the first place. Let's be clear if Mary Barra CEO of General Motors had tweeted something about production in twenty nineteen. She probably or maybe not she. But certainly the -versities tweeting as very the legal department of General Motors would get a phone call from the SEC. Hey by. The way don't, but as you said because of must history because and especially because of the settlement agreement last year. That's right. And the in some ways when you're just looking at the stock it's a little. I'm surprised maybe I shouldn't be you. Tell me if you're surprised I'm a little surprised that this is a stock that over the last two years has traded in a relatively tight range. This is stock that has basically been in the range of two hundred fifty dollars a share to three hundred fifty share up in doubt, it's visited many places in between those two points, but pretty quickly. But for the last two years, it's really been in that range. It would be amazing to go back to early twenty seventeen twenty seventeen Chris. Hey, Chris, by the way, not much is going to happen with tesla over the next two years stock the stock or. Yeah. I mean, you would. It is amazing that it has not moved that much. Now it moves so quickly under so many, you know, it has huge expectations built into the stock price now and maybe those expectations. Haven't haven't changed that much based on Ilan mosquee, they're speaking or not speaking on Twitter, but I can't think of another company that is more dependent upon it's CEO or seemingly more dependent upon it CEO than tesla is with Alon mosque, particularly since no other executive seems to stay there. Very long. Right. I think the last time we were talking about tesla. It was because the chief legal officer had left after just two months. Yeah. And I wanna go back to something you said regarding musk and his importance to this business and therefore to the stock because I don't think anyone really thinks that the. Board of directors is going to show him the door. I don't I don't think anyone thinks that's going to happen. Now that said do you think in three years two to three years he still CEO because I don't see the board showing him the door. But I could see him at some point saying, you know, what I don't need this. I got other things I'm interested in and I'm gonna go run my space. It's not going to be up to the board. I think you're exactly right. It will either be up to the SEC or it will be up to Alon musk and both of those. I mean, I think it's unfortunate to say are going to be based on how he chooses to comport himself. In the meantime. It's going to be one to watch

Musk CEO Judge Allyson Nathan SEC Tesla Alon Musk General Motors Twitter United States Lifetime Achievement Award Alon Mosque Chris Mary Barra Chief Legal Officer Ilan Mosquee Executive Two Years Three Years Two Hundred Fifty Dollars