Can Etsy Knit Together a Recession-Proof Plan?

If you think Etsy's (NASDAQ: ETSY) business model as an e-commerce platform offering craft luxuries will struggle during a bear market, think again. Etsy has some unique advantages that other digital sales platforms like Amazon, Shopify, and eBay lack. Etsy was successful during the peak of the pandemic, when it became a go-to source for masks, while e-commerce giants like Amazon struggled to keep up with demand.