How is MakerPlace Doing?

A big issue here is makerplace is a losing venture. The piddly fees they’re collecting from sellers don’t even come close to covering the costs to run the platform.

If I were a michaels executive, my focus on makerplace would be showcasing how the platform drives traffic to the main website and how many retail sales were generated from it. Makerplace is basically an advertisement for Michaels.

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