Etsy Fee Calculator v2.0 released
Posted January 29th, 2009 by Ryan Olbe Fee Calculators, Web-Based Tools Add comments
According to Etsy.com, "Etsy is an online marketplace for buying & selling all things handmade." Since numerous people have e-mailed me and requested it, I decided to make an Etsy Fee Calculator. This free web-based tool can be used to easily calculate Etsy fees (and optionally PayPal fees) for any amount. It also supports multiple quantity listings and has a special field for your "cost of materials". Now you can quickly determine your what your Etsy fees would be and how much profit you can make from selling an item on Etsy.com.
In this calculator I chose to use a simple fixed-width centered layout, dividing the calculator into 3 main sections. I have the main Etsy Fee Calculator on the right, the Reverse Etsy Fee Calculator on the left and below that an editable fee rate box, where you can see and edit your Etsy and PayPal fee rates. I've also included links to Etsy.com and the Etsy fees page in the top right so you can easily jump to those places once you're done using the calculator.
On the right side of the calculator you can enter your Item Price, the amount you charge for Shipping & Handling, your actual Cost Of Postage, and your total Cost Of Materials (if any). Then, as you type, the calculator will find and display your total Etsy and PayPal fees and the total profit you can expect to receive from the sale. If you are selling more than one item, simply enter the number of items you successfully sold in the Items Sold box.
Like some of my other fee calculators, this calculator comes with both a forward and reverse mode. The forward mode allows you to calculate your fees in the normal way, where you tell the calculator what the price of your item is and the calculator tells you what your fees are. The reverse mode instead allows you to enter the amount you want to receive after fees and the calculator can tell you what price you would need to sell your item for or how much to charge for shipping & handling, to receive that amount.
If, for some reason, you don't want to include your Etsy or PayPal fees or you're using another payment processor, you can easily edit or disable either of their respective fee rates in the Edit Fee Rates box as well.
If you have any suggestions, comments, or ideas for the calculator feel free to leave them on this page or e-mail me directly to let me know. Thanks!
Previous Versions
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| Version 1.0 (March 19, 2008) |
This looks much better than the old version, which, if I remember it correctly, confused which costs went into the total-before-fees.
Although, the pre-filled PayPal fees boxes can be misleading to less experienced people who are unaware that PayPal's rates depend on location and account type (yes, these people do exist) - the old version was a bit clearer here.
Wonderful tool. Mahalo for the info. PK
this is really great - thank you so much for creating this!
This is good, but to be much more realistic it should have the hours spent making the item, plus how much you would like to make per hour. Or even if we put the hours in, it could tell us how much we are making per hour. That would be really sobering for a lot of people to see they are only making a $1 or so an hour.
This is a great tool... I am in the middle of recalculating all of my prices as I have discovered that I was not charging enough-> not making money (sad). I have worked on a good formula, but the calculator is helping me to determine the exact price I should price my items also taking into account the (too often forgotten) Etsy & Paypal fees.
Thank you.