Amid heightened economic anxiety, most retailers are going the promotional route with marketing this holiday season, highlighting deals and discounts. But not Etsy. The Brooklyn-based online craft marketplace is instead trying to emphasize the specialness—and not the price—of its one-of-a-kind items as gifts.
“As shoppers tighten their wallets, we believe that if people have to spend less money, they will want their purchases to mean even more—especially during the holiday season,” said Ryan Scott, chief marketing officer.