What is the difference between Amazon and Etsy?

Both Amazon and Etsy are e-commerce websites or online marketplaces for prospective businesses. Amazon, which was established in 1994 in Seattle, Washington, is the world’s biggest e-commerce corporation. Furthermore, it is a logistics, payments, hardware, data storage, and media organization. Etsy, which was founded in 2005 in Brooklyn, New York, is an online marketplace for selling not just one-of-a-kind handmade items created by artists, designers, and craftsmen, but also antique treasures by individual sellers. The following material expands on these differences.

What exactly is Amazon?

Jeff Bezos launched Amazon, which began as a modest online bookstore and grew to become the world’s biggest internet-based enterprise. Amazon was called after the Amazon River in South America, the world’s largest river.

This firm follows the “flywheel” principle of cutting prices to attract clients. Prices will be raised subsequently to enable the firm to profit from economies of scale. The corporation may then decrease its pricing again and repeat the process. As a result, Amazon is a firm that prioritizes its consumers above its stockholders.

Amazon offers the following items and services:

1. Alexa
2. The Amazon Appstore
3. Amazon Video Game Store
4. Amazon Cloud Drive
5. Amazon Alexa
6. Amazon Prime
7. Kindle by Amazon
8. Amazon Music Streaming
9. Prime (Amazon)
10. Amazon Productions
11. Amazon Prime Video
12. Amazon Web Services (AWS)
13. Wireless by Amazon
14. Tablets powered by fire
15. Amazon Fire TV
16. Amazon’s Kindle Store
17. Unlimited Music

As the world’s biggest e-commerce corporation, Amazon has over 40 subsidiaries, including the following:

1. A9.com, Inc
2. AbeBooks.com
3. Amazon Air
4. Alexa Internet
5. Amazon Books
6. Amazon Game Studios
7. Amazon Lab126
8. Amazon Logistics, Inc.
9. Amazon Maritime
10. Amazon Publishing
11. Amazon Robotics
12. Amazon.com Services, Inc.
13. Amazon Web Services, Inc.
14. Audible
15. Beijing Century Joyo Courier Services
16. Brilliance Audio
17. Body Labs
18. Book Depository
19. Brilliance Publishing
20. ComiXology
21. CreateSpace
22. Digital Photography Review
23. Eero
24. Fabric.com
25. Goodreads
26. Graphiq
27. IMDb
28. Junglee
29. PillPack
30. Ring
31. Shelfari
32. 32.Shopbop|East Dane
33. Souq.com
34. Teachstreet
35. Twitch
36. Whole Foods Market
37. Woot!
38. Zappos

What exactly is Etsy?

Rob Kalin, Haim Schoppik, Jared Tarbell, and Chris Maguire established Etsy. It began as an internet store for handcrafted items. Etsy is derived from the Italian word “eh, si,” which means “oh, yeah.”

Because of modern-day technology, Etsy’s purpose is to “keep commerce human,” or to “maintain human connection at the core of business.” The items of the firm are classified as arts and crafts, jewelry, homeware, or baked foods. Vintage objects that are at least 20 years old are also for sale. These things are one-of-a-kind and imaginative, displaying something exceptional with a personal touch. Because Etsy links independent sellers from all over the globe, it encourages people to use their creativity to build successful companies. In 2007, Etsy was one of the primary sites used in the Handmade Consortium, an initiative to stimulate the purchase of handmade Christmas presents.

Etsy sellers offer things in a variety of categories, including:

1. Jewelry
2. Bags
3. baked items
4. Clothing
5. Home decoration
6. Furniture for the home
7. Toys
8. Craft Materials
9. Tools
10. Items from the past

What is the difference between Amazon and Etsy?

Amazon vs. Etsy Product Characteristics

Amazon allows anybody to sell anything lawful, but Etsy is limited to unique handcrafted and antique items.

Sellers

Amazon has a large number of subsidiaries (over 40), while Etsy encourages individual merchants (artists, designers, and craftspeople) who control their own orders.

Amazon’s Sign-Up Process vs. Etsy’s

In comparison to Amazon, Etsy features a simpler and faster sign-up procedure. Another advantage is that Etsy lets vendors and consumers to join up using Facebook accounts.

Incentives for buying Amazon vs. Etsy items

Etsy provides a “loyalty incentive,” in which different discount coupons and pooled shipping expenses are issued to the same consumers. Amazon, on the other side, has “Amazon Prime.” It guarantees free two-day shipping for all Prime members and free two-hour “Prime Now” delivery in certain cities on over 25,000 qualifying products.

Fee for Establishing a Shop

Sellers on Etsy may put up their business for free, but Amazon does not.

Amazon vs. Etsy Commission Rate

Amazon’s commission rate is substantially larger and less uniform by category. It may also adjust its monthly cost in order to keep the seller’s store open. Etsy, on the other hand, charges just 3.5 percent commission.

Competition

Because Etsy supports individual or independent merchants, competition is considerably closer than on Amazon, which has numerous subsidiaries.

Amazon vs. Etsy: A Comparison

Amazon vs. Etsy Comparison

• Amazon and Etsy are both e-commerce platforms that appeal to ambitious businesses.
• Amazon is a shipping, payments, hardware, data storage, and media corporation.
• Etsy is an online marketplace where you may sell not just one-of-a-kind handmade items created by artists, designers, and craftsmen, but also antique treasures from individual sellers.
• Jeff Bezos launched Amazon, which began as a modest online bookstore and grew to become the world’s biggest internet-based enterprise.
• Rob Kalin, Haim Schoppik, Jared Tarbell, and Chris Maguire established Etsy.
• Setting up a store on Etsy is simpler and less expensive.
• Etsy has a greater level of competitiveness than Amazon.