Etsy and Fiverr are the two different e-commerce platforms for goods and services. Online business has gained so much attention in the last few years. They deliver comfort for rapid life. In the present scenario, there are ample platforms with numerous facilities at our doorstep. Some platforms operate hand in hand like Etsy and Fiverr.
Etsy vs Fiverr
The main difference between Etsy and Fiverr is that Etsy is an online platform related to goods or items selling whereas Fiverr is a virtual platform for selling services globally. Etsy is supported by the SaaS platform for its operations and Fiverr can run over SaaS as well as iPhone, Android, and iPad. Etsy gives opportunities to startups trying their hands in the business and Fiverr gives opportunities to new talent to start their carrier under an employer.
The term Etsy is an e-commerce platform for craft supplies, vintage items like bags, jewelry, accessories, crockery, and many more. It allows small units to sell their handmade pieces and craft supplies on its websites. It gives personal storefront facilities to its sellers and allows vintage items only more than 20 years old.
The term Fiverr referred to the online platform that allows organizations to hunt suitable freelancers and vice-a-versa. People working from home requiring any part-time opportunities based upon their talent can find suitable job options as a freelancer or interns. Fiverr also provide training to access their platform in a document form.
Comparison Table Between Etsy and Fiverr
| Parameters of Comparison | Etsy | Fiverr |
| Trial Version | Etsy allows a trial version for its users. | No trial version is available at Fiverr. |
| Audience | Etsy has an audience of Independent Sellers. | Fiverr has an audience of businesses that require freelancers. |
| Learnings | In Etsy, user learning is provided through au | Fiverr manufactures 60 thousand watches per year approx. |
| Year of Launch | It was launched in 2005 in the United States. | It was launched in 2010 in Israel. |
| Integration. | Etsy has a customized chat integration feature. | Fiverr has no customized chat integration. |
What is Etsy?
Etsy is a well-established platform for independent selling of a vast variety of items like bags, clocks, jewelry, and many more. The platform was launched in the year 2005 by a group of 3 people and gradually one more person joined them. The headquarters of Etsy is situated in Brooklyn, New York.
This American e-commerce platform has a unique business feature that does not allow independent sellers to sell a vintage item that is not more than 20 years old. Etsy allows its user to create an independent store on their website and charge 20% of profit as a fee for using Etsy services.
This platform helps startups to expand their business on a global scale. It fulfills the gap between international buyers and sellers. The method for using the Etsy platform for creating accounts and selling goods is almost similar to Pinterest. It has gardened plenty of positive responses in its initial business days.
Recently, Etsy has launched a free advertisement platform for its users or independent sellers. Unlike, Fiverr it does not deal in services. The web page of Etsy is flooded with lots of selling items with their prices. The site is very prominent for craft and handmade items which are usually difficult to search on e-commerce platforms.
What is Fiverr?
Fiverr is very feasible to use a virtual recruitment platform. This platform has a sole language facility that is English only. Users looking for part-time working opportunities on a remote basis usually find it very useful. Freelancing writers can update their working skills and ample vacancies for them on the Fiverr platform.
Tim and Dan were the brains behind the growth of Fiverr. The genre of facilities available at Fiverr is Video editing, translation, Content writing, recruitment, composing, Narration writing, Digital Advertising, and many more.
Big or small, both types of tycoons post recruitment opportunities at Fiverr which is chosen by the index of Freelancers as per their skills. Organizations select applications and hire the right candidate with a salary or stipend.
Fiverr manifold many features as explained further like Business Recommendation, Payment gateways, currency exchange, separate communication channel, a Market place for freelancers, Merchant ratings, Authenticated feedbacks. Also, Fiverr is presently listed on New York Stock Exchange (NYSE).
It assists the user to create a direct relationship with the Employer. VeedMe was acquired by Fiverr in 2017, it is a video editing platform. It has also acquired a content marketing platform namely ClearVoice. Fiverr is also marked with an “F” rating from Better Business Bureau which is a poor rating by the department.
Main Differences Between Etsy and Fiverr
- Founders: Etsy was founded by a group of 3 people namely Robert Kalin, Chris Maguire, and Haim Schoppik on contrast Fiverr was founded by Micha Kaufman and Shai Wininger.
- Alternatives: Alternative websites like Etsy are Amazon, Depop, etc. and Alternative websites like Fiverr are Expert360 and Freelancer.com.
- Purpose: Etsy is designed for e-commerce and marketing purposes whereas Fiverr is designed for Content writing and freelancing recruitment.
- Alliance: Etsy has 99+ alliance tools in operation on the other hand Fiverr has only 8 alliance tools.
- Home Feed: The Home Feed of Etsy website is flooded with lots of gifts and vintage items whereas The Home Feed of Fiverr Contains vacancies posted by organizations.
Conclusion
The important factor affecting everyday life because of the eCommerce platform is increasing expenses that lead to fewer savings. Both websites, Etsy and Fiverr are working on a different idea of business. One deals in Goods and the other deals in services. These two websites require a license to operate. Etsy requires the bank details of the seller and buyer to transfer transaction amounts.
Online platforms like Etsy and Fiverr made our life very easy. Etsy is serving us from Brooklyn, New york. To reach a maximum number of buyers everyone is going digital which helps businesses to grow easily. There is a five years gap between the two companies still they both are generating good revenue globally. Their tremendous performance speaks for itself.
References
- https://repositories.lib.utexas.edu/handle/2152/78357
- https://academic.oup.com/icc/article-abstract/30/3/536/6032790