As of October 16, 2024, CaitlynMinimalist was the Etsy seller with the most sales on the platform in the previous year. The store, which sells jewelry, recorded over 680,000 purchases by Etsy buyers in 12 months. Esty’s Overview Etsy, an online marketplace, generates revenue from three primary segments: marketplace revenues, this includes fees for sales transactions and listings of products; seller service revenues; and other revenues which includes third-party payment processor fees. The annual revenue of Etsy has steadily increased over the past years, reaching over *** billion U.S. dollars, which in part is due to a steady increase of investment into their advertising. Usage of Etsy When ranking the leading websites by share of visits in the United States, esty.com was fourth, outranked by amazon.com, ebay.com, and walmart.com. Still, over the past years, the number of active Etsy sellers has increased, reaching over * million in 2023. That year, Etsy's active buyers also grew, reaching over ** million, a new high for the company.

Dataset Overview

This dataset contains detailed information on various wedding gifts listed on Etsy. Each entry includes the product name, HTML-formatted description, price, listing date, and the number of favorites. With 748 rows and 5 columns, this dataset provides a comprehensive look at the wedding gift offerings on Etsy as of May 2024.

Data Science Applications

This dataset is ideal for a variety of data science applications, including: - Exploratory Data Analysis (EDA): Understand trends in wedding gift preferences and popularity. - Natural Language Processing (NLP): Analyze product descriptions for sentiment, key phrases, and themes. - Pricing Strategy Analysis: Study the distribution of product prices and factors influencing pricing. - Recommendation Systems: Develop models to suggest popular or highly favorited products.

Column Descriptors

1. name: The name of the product.
2. descriptionHTML: The HTML-formatted description of the product, which may include links to the product pages.
3. Price: The price of the product, listed in various currencies.
4. listedOn: The date the product was listed.
5. favorites: The number of times the product has been favorited by users.

Ethically Mined Data

The data in this dataset was collected from publicly available listings on Etsy and compiled for educational and analytical purposes. No personally identifiable information (PII) is included, ensuring the dataset adheres to ethical data collection practices.

Acknowledgements

Special thanks to Etsy for providing a platform where this data could be collected and shared for educational and analytical purposes. Also for DALL E3 for the thumbnail image.