{"id":666827,"date":"2025-05-03T18:11:45","date_gmt":"2025-05-03T15:11:45","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/ebay-and-etsy-are-relatively-confident-despite-tariff-pressures\/"},"modified":"2025-05-03T18:11:45","modified_gmt":"2025-05-03T15:11:45","slug":"ebay-and-etsy-are-relatively-confident-despite-tariff-pressures","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/ebay-and-etsy-are-relatively-confident-despite-tariff-pressures\/","title":{"rendered":"eBay and Etsy are relatively confident despite tariff pressures"},"content":{"rendered":"
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Like virtually every sector in the business world, the secondhand industry is grapp<\/a>ling with the ramifications of President Donald Trump\u2019s tariffs.\u00a0<\/p>\n

However, based on the comments made by eBay and Etsy earlier this week, both don\u2019t appear to be overly concerned.\u00a0<\/p>\n

The companies recently reported Q1 2025 earnings results, both addressing the pressing topic of tariffs. eBay and Etsy are resilient to an extent, largely due to their sellers\u2019 approaches to sourcing products. In contrast to import-reliant rivals like Temu and Shein, which recently raised prices in response to tariffs, many eBay and Etsy sellers in the U.S. mainly source their products locally, often selling used, vintage, or handmade items.<\/p>\n

The companies provided data during their earnings calls to demonstrate the minimal exposure to tariffs.<\/p>\n

eBay\u2019s CEO Jamie Iannone said, \u201cOur greater China to U.S. quarter makes up about 5% of total [gross merchandise value] for us. And China overall is a little less than 10%.\u201d\u00a0<\/p>\n

Similarly, Etsy\u2019s CFO, Lanny Baker, said, \u201cAt present, Etsy\u2019s direct tariff exposure appears to be relatively low given that just over 1% of [gross merchandise sales] comes from U.S. imports of items purchased from sellers in China.\u201d<\/p>\n

Etsy\u2019s CEO, Josh Silverman, added, \u201cMost are solo entrepreneurs working from their home with 90% sourcing their supplies domestically.\u201d\u00a0<\/p>\n

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Techcrunch event<\/p>\n

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\n\t\t\t\t\t\t\t\t\t\t\t\t\tJune 5<\/span>\n\t\t\t\t\t\t\t<\/p>\n

\t\t\t\t\tBOOK NOW<\/span><\/p><\/div>\n<\/p><\/div>\n<\/div>\n

Having sellers with local sourcing strategies can provide a significant advantage over competitors like Temu, Shein, and Amazon. However, secondhand companies still have to deal with the challenges that come with the ongoing economic uncertainty and consumer spending habits.<\/p>\n

Etsy appears to be slightly more vulnerable when it comes to this. Etsy\u2019s core business model focuses on handcrafted and vintage goods, which tend to be priced higher. So, while Etsy sellers may not feel the effects of tariffs, customers are still hesitant to spend, leading to a 3.4% year-over-year decline in active buyers, bringing the total to 88.5 million. The number of habitual buyers was down 11%, totaling 6.2 million.\u00a0<\/p>\n

Additionally, Etsy reported an 8.9% decline in gross merchandise sales (GMS) for the marketplace to $2.3 billion.<\/p>\n

On a positive note, Etsy continues to benefit from its ownership of Depop, a secondhand fashion platform that remains popular amid the looming recession. Since acquiring Depop in 2021, the platform has achieved record-high GMS. The company didn\u2019t disclose specific figures.<\/p>\n

\u201cEtsy has a strong track record of navigating turbulent macroeconomic conditions, and we\u2019re confident in our ability to keep adapting,\u201d Silverman said.\u00a0<\/p>\n

In contrast, eBay is in a stronger position because more price-conscious shoppers are choosing used and refurbished goods, which the company said accounts for over 40% of its inventory. The company reported that customers eager to avoid tariffs have increased their spending, giving eBay a solid start to the quarter.<\/p>\n

\u201cWe have observed healthy volume trends due to strength in our focus categories and what could be a modest pull forward of demand from consumers worried about increased costs and complexity at U.S. customs in the near future,\u201d said eBay\u2019s CFO, Steve Priest.<\/p>\n

The company\u2019s gross merchandise volume (GMV) grew to $18.8 billion, while revenue increased over 1% to $2.58 billion.<\/p>\n<\/div>\n

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If you want to read more like this article, you can visit our Technology<\/a><\/span> category.<\/strong><\/p>\n<\/blockquote>\n

Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Like virtually every sector in the business world, the secondhand industry is grappling with the ramifications of President Donald Trump\u2019s tariffs.\u00a0 However, based on the comments made by eBay and Etsy earlier this week, both don\u2019t appear to be overly concerned.\u00a0 The companies recently reported Q1 2025 earnings results, both addressing the pressing topic of…<\/p>\n","protected":false},"author":1,"featured_media":666828,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/techcrunch.com\/wp-content\/uploads\/2022\/07\/GettyImages-1210935014.jpg?resize=1200,800","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[151451,72351,90898,156066,93342],"class_list":["post-666827","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-commerce","tag-ebay","tag-etsy","tag-secondhand-marketplace","tag-tariffs"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/666827","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=666827"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/666827\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/666828"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=666827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=666827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=666827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}