On Oct 1, 2013, Etsy changed its policy to allow sellers to outsource production to third parties and factories and to use shipping or fulfillment services.[105] The new rules allow products to be labeled "handmade" as long as the original idea for that item — or its "authorship" as C.E.O. Dickerson says — comes from its respective seller. Further, the policy changes allow Etsy businesses to hire as many employees as they deem necessary (including workers in different locations) and allow sellers to ship orders via third-party couriers rather than the post office.[106]
In 2014, Etsy garnered a revenue of US$195.6 million, but registered a net loss of US$15.2 million. The platform generates revenue primarily from three streams: its Marketplace revenue includes a fee of [8] 5% of final sale value, which an Etsy seller pays for each completed transaction, on top of a listing fee of 20 cents per item; Seller Services, Etsy's fastest growing revenue stream, includes fees for services such as "Promoted Listings", payment processing, and purchases of shipping labels through the platform; while Other revenue includes fees received from third-party payment processors.[9]
As of December 31, 2014, Etsy had 54 million users registered as members,[4] and the online marketplace for handmade and vintage goods connected 1.4 million sellers with 19.8 million buyers.[5] At the end of 2014, Etsy had 685 employees,[6] and had 29 million items listed.[7] In 2014, Etsy had total sales, or Gross Merchandise Sales (GMS), of US$1.93 billion on the platform.[4] Of this, 36.1% came from purchases made on mobile devices and 30.9% was generated outside the US.[4]

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