Using Etsy

[Tag Jorrit]

One thing that is really starting to bite though is all the fees with transferring money and changing currency etc. I'm trying to work that out to everyone's best advantage. I've learned some interesting things for example, using paypal, if I change euros to dollars before I send them it's cheaper than if I send euros to be converted on the other end. And this all through paypal. They have different currency exchange rates depending on the type of transaction. On larger amounts the difference is substantial. I learned this by accident.

We are both playing it by ear and seeing what works out and what doesn't. It's the first time she has done this as well. When I get a handle on the ins and outs I'll share the results here. If I can get it running smoothly I'd love to do more of it.

I don't know whether it applies to you where you live but in USA PayPal reports income to the Internal Revenue Service at the end of the year. Ergo, one must pay tax on what was sold on Etsy. Since Etsy discontinued its sellers' use of PayPal Etsy is now handling all the transactions. Buyers pay Etsy, Etsy pay sellers directly into the sellers' bank accounts. I suspect that at the end of the year Etsy will send sales reports to the IRS for us to pay taxes.

The tax reporting to your country's income tax people could conceivably be something you need to factor into your partnership.

[Diana]

This made me wonder about tarot garden. I don't know who runs the website but it'd be cool if there was a tarot shop online that someone ran selling decks they got for wholesale, that also earned commission off being a platform for other creator's decks, and made it available to purchase through the website and the creator could manage their little shop front through a user control panel or something (and be responsible for shipping the deck themselves, in that case).

Just stepping in quickly here re this older post, Tarot Garden was and perhaps still is but of that I'm uncertain, run by both Jeannette Roth who was the founder or possibly a co-founder of the site, who was later joined by Dan Pelletier, aka the famous and inimitable and wonderful Umbrae of AtF. As many of the finest members did, he got banned eventually of course.

Dan Pelletier/Umbrae has a great short Tarot Garden youtube video where he speaks about the tarot. It's not long and it's really well filmed too : https://www.youtube.com/watch?v=-ONQ5xatv-4. There is another video by Jeannette (she had also been a member of AtF at one time) but I'm not linking to it. It's weird. I stopped after a minute or two. It seems she is promoting the Egyptian origin of the Tarot. But do watch Dan's video. It's like having the great Umbrae in person in your home. He also wrote The Process, on his approach to the Tarot, which was published I think as an audiobook. I'm sure one can still find it somewhere. It's unique and it's wonderful. It's Dan. He's also a 9/11 survivor - escaped death by the very skin of his teeth. (Am not revealing any secrets here - he always spoke openly about it and once he gave an interview and all which was online.)

[reall]

Warning etsy is charging tax now!x,x so i've just pay5$ monthly fee for Only 1 deck i've sold for 30 euros in august?x,x wtf!
so be careful how you calculate your prices &(free) shipping?x,x
or keep your listing at minimum 1st month to see how much you will be charged for that month Before you sell out plenty of your items only to find out etsy take Big charges?x,x

eta; agree people may be unwilling to shop outside *known legit shop pages etsy/ebay/amazon that's why we need our own!

MJ got your conversion dilemma that's what all of us outside US struggle +stupid bank we have outside EU!
you are on good track with your shop idea just keep in mind whatever fee you charge you need to cover your transaction costs 1st then to call it 1name & collect per item sold not; listing, transaction, tax, blah blah we get elsewhere!;)