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Major Markets
Key Competitors
Etsy
Hobby Lobby
Michaels
Etsy
Global reach
strong brand recognition
diverse product categories
support for independent creators
High competition among sellers
transaction fees
platform dependence for sellers
Expansion into new product categories
further development of seller tools
growth in sustainable and ethical consumerism
Emergence of new online marketplaces
changes in shipping costs and regulations
economic downturn impacting discretionary spending
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