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4 Etsy Fees That Your Should Know



Etsy charges a variety of fees. These fees include the Listing fee, Offsite ad fee, and Transaction fee. The fees can add up very quickly, but are well worth it if you want to sell physical products. The site has a loyal following of buyers and sellers.

Transaction fee

If you are an Etsy seller, you probably want to know if Etsy’s transaction fee has increased. As of April 11, the fee has risen from 5 percent to 6.5 percent. This is much higher than the average credit card processing fee, but it is an expense that you have to pay when selling your items on Etsy. If you are concerned about this fee, there are several steps you can take to avoid being affected by this fee increase.

Many sellers are outraged about this fee increase. They say it will have a significant impact on their profits. Some have even started a petition on Etsy to boycott the company. The petition has received over 28,000 signatures. In addition, more than 5,000 sellers have agreed to strike on April 11-18.

Etsy has a different transaction fee structure than PayPal. In addition to a flat fee, you also have to pay for website fees and an optional Etsy Plus subscription. For example, you will pay a $0.20 listing fee to list an item, which automatically renews every four months. And each time you sell an item, you have to pay another $0.20. Besides that, you’ll also have to pay a 5% transaction fee for each sale. This fee is similar to the commission a consignment shop would charge.

If your items sell in different currencies, you’ll have to pay Etsy’s currency conversion fee. For example, if you list your items in a different currency than your bank account, you’ll be charged a currency conversion fee of approximately 2.5 percent. In order to avoid this fee, you should make sure that your items are listed in the same currency as your bank account.

Etsy charges a listing fee when your product is sold. This fee is $0.20 per month. The fee is billed in U.S. dollars and is automatically renewed. You can also set your listings to renew themselves every four months. However, you can opt out of this fee manually.

Listing fee

Etsy’s listing fee is a one-time fee that you’ll pay when you list your item on Etsy. You can also set up an auto-renew feature, which means that you won’t have to worry about the fee each time your listing expires. This will save you time because you don’t have to manually renew your listing. You can also choose to renew your listing manually if you’d prefer.

If you want to sell your handmade items on Etsy, you will need to pay a listing fee. This fee will be one-tenth of the total sale price, but you won’t have to pay the full listing fee every time someone buys your items. The fee is only 0.20 C per listing, so it won’t break the bank. If you’re looking for a low-cost eCommerce platform, Etsy is the perfect choice. It offers a free listing option if you refer someone to the site. However, it’s important to note that this listing will expire after four months.

Luckily, Etsy allows you to create multiple variations of your product. This way, you can sell multiple quantities of your product without having to create multiple listings. This will save you time, money, and energy. And it will also allow you to sell more products, since each product sold costs $0.20. This is an excellent option for those who want to start a small business.

Another way to reduce the cost of selling on Etsy is by raising your price. If your prices are higher, you can pass the cost of shipping on to your customers. This will increase your profits. You can also consider offering free shipping for your items, which has been proven to increase sales. This way, you can increase your profit margin and reduce your overall costs.

Another option is to make your listings auto-renewable. This option will keep your listings active for four months. In addition to listing fees, Etsy has other mandatory fees that you’ll have to pay. If you want to keep your listings active, you can sign up for auto-renewal, which will keep them active for four months instead of one. Alternatively, you can manually renew your listings and avoid the fee.

Offsite ad fee

Etsy has been running offsite ads for years, but recently started charging its sellers a percentage of sales. While the majority of the ads are still free to sellers, the offsite ad fee is expected to bring more revenue in 2019. The company sees the benefits of running ads and knows that it can drive more awareness of its platform. However, some sellers are worried that this fee will discourage them from using the site to sell their goods.

The new fee is a tax on sellers who have high sales on Etsy and a large customer base. It’s unclear how much the fees will impact the seller’s margins, but they could erode their profits and cause many sellers to lower their prices.

The Offsite ad fee will only apply if the customer made a purchase from your shop. If a buyer made a purchase from another shop and then returned later to purchase another item, the fee will not apply to the original transaction. And the fees won’t apply to orders made via an ad featuring another Etsy shop.

Etsy’s Offsite Ads program offers increased visibility for sellers on other platforms. However, the cost of this ad program must be factored into your profit margin, so it’s best to do your own math. You may not want to spend $1500 a month on ad campaigns, but you’ll want to make sure you’re making enough profit for the fee to pay for the ad placement.

Etsy sells ads on Google, Facebook, Instagram, Pinterest, and Bing. Advertising on these platforms can increase your one-time sales and build a loyal customer base. But if you don’t have the budget for Offsite Ads, you can use other methods to increase traffic to your Etsy shop for free.

For those who make more than US$10,000 in a year, Etsy’s offsite a fee can be as low as 12%, but for those who make less, the fee is higher.

Processing fee

The Etsy processing fee is an expense that you pay when you accept payments from customers through Etsy Payments. This fee is usually a set amount per item and is calculated by multiplying your estimated price by the country’s rate. You can also use an Etsy calculator to calculate the fees before accepting payments.

If you are using a Square card reader, the fee is $0.20 per transaction. Additional fees may apply for transactions processed manually. The fee for payment processing varies by country and may include a fixed deposit fee for sellers in some markets. However, if you’re using your own credit card, you’ll never have to pay this fee. If you’re using Etsy Payments, you should read the fees carefully.

Another fee you should consider is the listing fee. The listing fee is $0.2 per item and is charged when a product sells through Etsy. This fee applies to both physical and digital items. You’ll also be required to pay a fee if you’d like to customize or gift wrap the product.

Etsy Payments sellers also have to pay a fee for processing payments. This fee can be as much as 3 percent of the total sale amount or more. This fee varies from country to country, but in the U.S., sellers will be charged $0.25 per transaction. Additionally, Etsy will charge sellers currency conversion fees. If the buyer’s currency is other than the seller’s, the fee is usually 2.5 percent of the total sale amount. In addition, you may pay a monthly fee if you have an Etsy subscription plan.

When you’re using Etsy Payments, it’s best to list your prices in the same currency as your account to avoid currency conversion charges. However, you can list your items in the buyer’s currency even if you’re not in the same country. Then, you’ll be able to estimate the fees before selling your items.

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A Roadmap To Minimizing FX Fees In Your Singapore Business



In today’s global economy, businesses in Singapore are increasingly engaging in international trade and dealing with foreign currencies. However, foreign exchange (FX) fees can be a significant financial burden, affecting profits and hindering growth. As a responsible business owner, understanding and optimizing your approach to managing FX fees is crucial. This article presents a comprehensive roadmap to help your Singapore business minimize FX fees and maximize its financial potential.

1. Evaluate FX Service Providers

  • The first step to reducing FX fees is to evaluate the FX service providers you are currently using. Compare the rates, fees, and additional charges banks, online platforms, and currency specialists offer.
  • Look for providers with competitive rates and transparent fee structures to ensure you get the best deal. Consider checking out specialized services that provide benefits like “business card Singapore” for seamless international transactions.

2. Opt for Bulk Transactions-

  • If your business regularly deals with significant foreign currency transactions, consider bundling them into bulk transactions. Larger transactions often attract more favorable exchange rates and lower fees than frequent smaller transactions. Consolidating your FX needs can lead to substantial savings over time.

3. Implement Hedging Strategies

  • Volatility in currency markets can impact your business’s bottom line. Implementing hedging strategies can help protect your business from adverse currency fluctuations. Forward contracts, currency options, and currency swaps are examples of hedging tools that can provide stability and reduce FX risks.

4. Use Virtual Accounts-

  • Consider using virtual accounts for transactions in different currencies. Virtual accounts can help you receive and hold funds in various currencies without needing multiple physical bank accounts. This approach can minimize conversion fees and simplify reconciliation processes.

5. Monitor Currency Trends-

  • Stay informed about currency trends and market movements that can affect your business. Being proactive and timing your FX transactions can result in improved rates and reduced fees.Consider using automated FX tools to execute transactions at opportune moments.

6. Embrace Fintech Solutions-

  • Explore the growing number of fintech solutions available to businesses in Singapore. Fintech platforms can offer competitive rates and faster transaction processing, reducing conversion costs and delays. Embracing technology can streamline your FX operations and reduce associated fees.

7. Consider Multi-Currency Accounts-

  • Opening a multi-currency account with your bank can give your business more flexibility in managing foreign currencies. It allows you to hold funds in different currencies and transact between these accounts with lower conversion fees. That is particularly beneficial for businesses with frequent international expenses, as it provides a convenient way to manage funds in various currencies.

8. Review Transaction Timing

Be mindful of the timing of your FX transactions. Avoid peak trading hours when markets can be more volatile, leading to less favorable exchange rates. Instead, schedule your transactions during calmer periods to secure better rates and lower fees.

1. Educate Your Team-

  • Ensure that your finance and accounting teams are well-informed about FX fees and the importance of minimizing them.
  • Provide guidance on efficient foreign exchange (FX) management techniques and the possible consequences for the financial well-being of the business.
  • Your team can actively contribute to fee reduction efforts by fostering a cost-conscious culture.

2. Regularly Review FX Policies-

  • Currency markets constantly evolve, and your business’s FX needs may change. Regularly review your FX policies and practices to identify areas for improvement.
  • A periodic assessment can help you adapt to market conditions and identify additional opportunities for savings. If you run a business in Singapore, incorporate business card Singapore for seamless and cost-effective international payments.

3. Consolidate Banking Relationships-

  • Consider consolidating your banking relationships to benefit from more comprehensive services and negotiate better FX terms. Having a strong relationship with one or a few banks can simplify your financial operations and improve your overall bargaining power.

4. Set Realistic Budgets-

  • Creating accurate and realistic budgets that account for FX fees is essential for effective financial planning. Forecasting your FX expenses can help you allocate funds appropriately and make informed business decisions.

5. Seek Professional Advice-

  • If managing FX fees becomes complex or overwhelming, seek advice from financial experts or consultants with experience in international trade and foreign exchange. Their insights can guide your business toward more efficient and cost-effective FX practices.

Navigating FX fees is crucial to managing a successful Singapore business with global aspirations. Following this roadmap and implementing strategic measures can minimize FX fees, protect your business from currency risks, and optimize financial efficiency. Remember that being proactive and informed is the key to securing the best FX rates and ultimately contributing to your business’s growth and success in the international market. Incorporating financial tools like “business card Singapore” can further streamline your transactions and enhance your overall financial performance.

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How to Manage Tenant Relations in Commercial Real Estate Properties




In the commercial real estate sector, managing tenant relations is a key component of effective property management. Maintaining good tenant relations not only increases tenant happiness but also helps the property be successful and profitable as a whole. A positive tenant-landlord relationship promotes trust, promotes lease renewals, lowers vacancy rates, and lessens disputes. Property managers need to put in place a variety of tactics and best practices that put an emphasis on clear communication, tenant satisfaction, and dispute resolution in order to manage tenant relations efficiently.

Establishing open and transparent lines of communication, placing a high value on tenant satisfaction, and encouraging proactive conflict resolution are all essential components of effective tenant relations management. In order to meet the demands of tenants and promote long-term occupancy, property managers must work to create a friendly and encouraging environment. This entails routine property inspections, effective upkeep, and quick responses to questions and requests from tenants. Managing tenant relations also heavily relies on involving renters and creating a sense of community within the property. Property managers can build a positive environment by planning tenant events and encouraging teamwork.

Utilizing innovation and technology may also improve tenant satisfaction, expedite property management procedures, and enable efficient communication. To provide effective services and inform renters, property managers should adopt property management software, Retail location, smart building technology, and tenant portals.

In this blog, we will explore eight effective strategies and best practices for managing tenant relations in commercial real estate properties.

Establish clear communication channels:

Establishing open lines of communication is essential for maintaining tenant relations. Utilize a variety of communication channels, such as email, tenant portals, or scheduled meetings, to encourage efficient information exchange. Tenants should receive prompt attention to their concerns, inquiries, and requests in order to foster trust and openness.

Prioritise tenant satisfaction:

The priority should be tenant satisfaction. Maintain the property in good shape, provide the amenities and services that are required, and address maintenance problems as soon as they occur. To enhance happiness and convey that you care about meeting their needs, frequently get feedback from tenants.

Foster Proactive Conflict Resolution:

Interactions between tenants and landlords often get heated. Encourage open dialogue, careful listening, and the search for win-win solutions as a proactive approach to conflict resolution. When required, tenant-tenant relationships can be preserved and legal problems can be avoided by using mediation or arbitration.

Build a Tenant Community Through Engagement:

To establish a positive and peaceful environment on the property, encourage a sense of community among the renters. Plan tenant gatherings, networking opportunities, or cooperative projects to promote conversation and collaboration. Tenant satisfaction is increased, and long-term leases are encouraged by a good and inclusive environment.

Conduct regular property inspections and maintenance.

A dedication to the comfort and safety of tenants is demonstrated by routine property inspections and preventative maintenance. Regularly check communal spaces, take care of maintenance issues as soon as they arise, and verify that construction codes and regulations are being followed. Keeping high standards increases renter contentment and makes a good first impression.

Embrace technology and innovation:

In order to offer creative solutions that satisfy the needs of tenants, be abreast of technical developments and market trends. Utilise tenant portals, smart building technology, and property management software to improve the tenant experience. Make use of technology to track maintenance, manage leases, and communicate effectively.

Develop strong lease agreements:

Create detailed, transparent lease agreements that safeguard the landlord as well as the renter. Ensure that the terms and circumstances of the lease are reasonable, clear, and in accordance with all relevant laws and rules. To reduce future disputes, clearly outline each party’s roles, obligations, and rights.

Provide timely and accurate financial reporting.

To win tenants’ trust, keep your financial reporting honest and precise. Send timely and comprehensive financial accounts that include rent invoices, costs for maintaining shared spaces, and any other fees. Tenants can better understand their financial responsibilities and have more faith in property management when there is clear and open financial reporting.

By implementing these effective strategies and best practices, property managers can effectively manage tenant relations in commercial real estate properties, leading to tenant satisfaction, retention, and a positive reputation in the market.


An active and tenant-centered strategy is needed to manage tenant relations in commercial real estate facilities. Property managers can develop enduring and fruitful relationships with their renters by placing a high priority on open communication, tenant satisfaction, conflict resolution, community building, regular property upkeep, and adaptability. Tenant retention, higher property values, and a thriving commercial real estate portfolio are the results of putting time and effort into tenant relations.


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 4 Tips To Manage an Educational Platform Online



In the digital age, educational platforms have become a popular and effective way to deliver educational content and engage with students remotely. Managing an online educational platform comes with its own set of challenges and considerations. In this article, we will explore four valuable tips to effectively manage an educational platform online, including the use of school brochures, leveraging a tuition management system, and incorporating educational videos to enhance the learning experience.

Tips for an Online Educational Platform

1. Create Informative School Brochures:

One of the key aspects of managing an educational platform online is effectively communicating with students, parents, and other stakeholders. School brochures serve as a valuable tool to provide comprehensive information about the platform, its features, courses offered, and any additional services available. These brochures can be made available on the platform’s website or shared via email to prospective students and parents. By creating informative school brochures, you can ensure that potential users have a clear understanding of what your educational platform offers, leading to increased interest and engagement. You can also check out some free tools to learn how to make a brochure.

2. Leverage a Tuition Management System:

Managing tuition payments and financial transactions is an important aspect of running an educational platform. Implementing a tuition management system can streamline the process and ensure efficiency. These systems enable you to automate tuition fee collection, generate invoices, and track payment statuses. Additionally, they provide a secure and convenient platform for students and parents to make payments online. By leveraging a tuition management system, you can reduce administrative burden, improve financial transparency, and provide a seamless payment experience for your users.

3. Incorporate Engaging Educational Videos:

Educational videos are a powerful tool for enhancing the learning experience on an online educational platform. They can be used to deliver lectures, provide demonstrations, or offer supplementary content. Incorporating educational videos helps to cater to different learning styles and increases student engagement. These videos can be created by instructors or sourced from reputable educational content providers. By offering a variety of multimedia content, including educational videos, you can enrich the learning experience and make your educational platform more interactive and dynamic.

4. Foster Community Engagement and Collaboration:

Building a sense of community and fostering collaboration among students is crucial for the success of an online educational platform. Create discussion forums or virtual classrooms where students can interact, share ideas, and collaborate on assignments. Encourage active participation and provide opportunities for students to connect with their peers and instructors. Additionally, organize virtual events, webinars, or guest lectures to facilitate knowledge-sharing and networking. By fostering community engagement and collaboration, you can create a supportive and interactive learning environment on your educational platform.


Managing an educational platform online requires careful planning, effective communication, and a focus on student engagement. By implementing these four tips – creating informative school brochures, leveraging a tuition management system, incorporating educational videos, and fostering community engagement – you can enhance the overall user experience, facilitate seamless operations, and drive the success of your online educational platform. Remember that continuous improvement and adaptation based on user feedback are essential to ensure that your platform meets the evolving needs of students and provides a high-quality educational experience.

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