HELP! Etsy Put a Payment Reserve on My Account - Next Steps

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  • Опубліковано 26 лип 2024
  • We get it. It totally stinks when you work so hard to finally get some sales just for you to not even get your money right away! Leah breaks down Etsy payment reserves in this video and shares what to do if this happens to you.
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    Disclaimer: Not Professional Advice
    This video is for informational purposes only and does not constitute professional advice. The content is based on our understanding as of the date of recording. Viewers are encouraged to seek advice from qualified professionals for specific situations. Actions taken based on this information are at your own risk. Printify is not liable for any losses or damages.
    Timestamps:
    00:00 Introduction
    00:32 How to Get Your Funds?
    02:13 Why Does Etsy Have Payment Reserves?
    03:02 What is a Payment Account Reserve?
    04:03 Why Your Account Specifically?
    04:47 How Can You Reduce Your Risk?
    05:56 Outro
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КОМЕНТАРІ • 12

  • @dustinmurphy82able
    @dustinmurphy82able 5 місяців тому +2

    I started my shop in December and jsut recently started to get sales every week. I got this email a couple days ago. Thankfully they are still giving me 70% at the time of order. So I can still fulfill orders. That was my only worry. With Printify I haven’t even noticed a difference because by the time the order is eligible for withdrawal, 100% of it is available. I heard about this and thought it would be much worse lol I’m pleasantly surprised. Great video and thanks!!

    • @Printify
      @Printify  5 місяців тому

      Hey! Congrats on the sales, that's awesome! 👏 Thanks for sharing your experience and keep going!

  • @bangyai3194
    @bangyai3194 Місяць тому

    Where I live postal tracking is not free and the cheapest option costs $2 dollars extra. Prior to Covid shipping costs for my small items cost 50 cents. I was able to offer free shipping. They are now up a whopping 300% . If I add $2 tracking to each item that only costs $4 , I have to pass this cost on to the customer or operate my shop at a loss. Several customers complained about his and requested ordinary air mail. I complied and 99% of the orders I send without tracking not only get delivered but often slightly quicker since they don't have to be signed for at each stage of the shipping.
    As an aside , the increased postal charges meant that from having a wide range of things in my shop I have now had to drop everything except the one best seller since the cost of all the other things became too expensive. If you are selling expensive items then the tracking cost does not impact much but for haberdashery supplies it is a killer. The net result is that sellers operating from outside the USA are at a big disadvantage.

  • @user-yp7vf5lo8h
    @user-yp7vf5lo8h 11 днів тому

    I buy my labels from etsy with tracking and I have missed deadline about twice this year and I don't have lots of orders, I still have a reserve on my account. They just need cash flow that's all.

  • @dookins2081
    @dookins2081 2 місяці тому

    But what if you buy all your shipping labels through Etsy and have tracking for all of them??

  • @TheGwendolline
    @TheGwendolline 4 місяці тому +1

    intersting how sellers would keep on spending money on producing and shipping for three months for free? and no, the tracking number doesnt play a role

  • @HamzaKhan-lm5yi
    @HamzaKhan-lm5yi Місяць тому

    its not true that if you get the star seller payment reserved will be lifted

  • @chun-chunmaru
    @chun-chunmaru 5 місяців тому

    A question that is not related to the video, does the print provider operate on weekends?

    • @Printify
      @Printify  5 місяців тому

      Hi! That depends on the print provider and any public holidays in the provider's location.

  • @InnocentNdiyokubwayo
    @InnocentNdiyokubwayo 5 місяців тому

    🤔🤔🤔🤔🤔

  • @WhispersSweet
    @WhispersSweet 3 місяці тому

    I clicked on this video because I'm ANGRY 😠

  • @InnocentNdiyokubwayo
    @InnocentNdiyokubwayo 5 місяців тому

    Guys, this is not eating is fake