41
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 16 Jul 2023
41 points (100.0% liked)
Technology
30 readers
1 users here now
This magazine is dedicated to discussions on the latest developments, trends, and innovations in the world of technology. Whether you are a tech enthusiast, a developer, or simply curious about the latest gadgets and software, this is the place for you. Here you can share your knowledge, ask questions, and engage in discussions on topics such as artificial intelligence, robotics, cloud computing, cybersecurity, and more. From the impact of technology on society to the ethical considerations of new technologies, this category covers a wide range of topics related to technology. Join the conversation and let's explore the ever-evolving world of technology together!
founded 2 years ago
75% reserve is an absurd ratio. If it's being held for more than a month, that's effectively an interest free loan to Etsy. No manufacturer of any size I know of would ever accept those terms without a contract that binds the supplier to purchase a set amount on a regular basis - you simply can't make money that way otherwise.
Regardless of the advantage of adding tracking to a package, the way Etsy is implementing their policy is clearly abusive to the sellers. 3% (like Amazon) would be reasonable. 75% is highway robbery.