Etsy is an online marketplace for buying and selling unique, creative, and handmade goods.
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Triggers when there is a new active listing.
Triggers when there is a new Invoice.
Triggers when there is a new transaction. (Needs full access for application)
Triggers when a new user is created.
Add a new customer on your profitwell account.
Get MRR and plan info on customer.
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Etsy is a platform, which can be used for online selling and buying of various products. It provides an opportunity to the small businesses to start their business at very low cost. It has a wide product variety that covers handmade items, vintage items, and craft supplies. The number of buyers and sellers on Etsy has increased. But it does not have any system to track the results and sales of their sellers. It gives only statistical data about the sales made by the sellers and no information about how much profit they made from the sales.
ProfitWell is a platform that helps in providing reliable data to the companies about the performance of their employees, departments, brands, etc. In addition to this, it also provides reliable financial information on the profits gained by the company. It provides many features such as dashboards, reports, and metrics. These features are used to view the performance of the company and its employees. It provides accurate data to the decision-makers about the profit made by them and how much profit was earned when compared to the target.
Since Etsy is a platform for online selling of various goods, it requires a good software that can provide reliable data about the sale of these goods and performance of their sellers. So ProfitWell fits in perfectly with Etsy for tracking its sales made by its sellers. This would provide accurate data to Etsy management about how much profit was made by each of their seller and how much time did they take in making their profit.
Integration of Etsy and ProfitWell will provide reliable data to Etsy management that would help them in taking important decisions like hiring more employees or giving bonuses to their existing employees. Also, integration would help Etsy management in knowing which product sells most in their platform and try to promote other similar products. This would increase the profit made by Etsy and also would increase the number of customers on the platform. This integration will prove beneficial both for Etsy and its sellers in terms of increasing their sales vpume and profits.
In this paper we have discussed about the benefits of integrating Etsy with ProfitWell. Integrating these two platforms would help in reducing manual errors, saving on time, quick updates in records, etc. Also, integration would help in increasing profit by reducing expenses that are incurred due to multiple third party applications. We can conclude that integration of Etsy with ProfitWell will benefit both the platforms as well as its users.
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