The Grommet wants disgruntled Etsy and Amazon inventors to sell on their marketplace
The Grommet, the inventor’s electronic marketplace, invites Etsy and Amazon sellers to consider an alternative model to paying unpredictable and escalating fees for “administration”, advertising and now “fuel and inflation” .
Boston-based and founded in 2008, The Grommet generates revenue by partnering with up-and-coming inventor-vendors, then working together to reach potential customers and grow their brands.
“At The Grommet, we treat our inventor-vendors as partners, because that is what they are”,
“When they succeed, we succeed. Our goals are aligned: more product sales equal more revenue for all parties involved. »
Kim Lefko, President, The Grommet.
Inventor-sellers on The Grommet get individual contracts that define consistent and predictable pricing terms, the ability to lock in large purchase orders with The Grommet (which actively buys inventory from successful partners), and the ability to expand further by selling to partner Ace Hardware and its 4,600 physical stores across the United States
Buyers of The Grommet products benefit from free delivery, a definite competitive advantage in this environment of rising shipping costs.
“Before they were big” big brands like Fitbit, OtterBox, SodaStream, BananaGrams, S’well Stainless Steel Water Bottles and Ms. Meyers Clean Day all started building their brands in the online market by The Grommet.
On April 11, Etsy increased transaction fees on sellers — raising prices for buyers — by 30%, from 5% to 6.5%.
By Friday, April 15, more than 79,000 people had signed a petition asking Etsy to reverse its fee increase.
Starting April 28, Amazon will add a 5% “fuel and inflation” surcharge to the fees it collects from third-party sellers who use it to fulfill products.
Find out how to partner with The Grommet here.
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