For those who don’t already know, Etsy is an online marketplace for handmade goods, and vintage items.
Essentially, you sign up for a free account, input some information about yourself, what you do, and link your Paypal account.
Once you are signed up, you upload images, descriptions and prices of your items, and build your storefront. You’re more than welcome to list your items, and leave them alone until they sell, but this is a poor business plan for any type of business. Setup a domain redirect to your store to make it easier to access and seem more professional. This can be done any number of ways, but promoting each others coupon codes is an easy way to track. Don’t think of coupon codes as losing money, think of them as a way to track where your sales are coming from! Include a business card coupon code on the business card to track business card conversions.
Include the business cards in packages you’re shipping out to encourage future sales and repeat business. Team up with bloggers, and other website owners to offer an exclusive coupon code for their readers.
You should research your competition first, and ensure the prices they are charging would allow enough profit margin for you.
If you are wondering if Etsy is the way to go for you, then check out some of the success stories below and see if they inspire you to do what you love. Our favorite kind of Money Ball is this Christmas ornament that Making Friends posted the instructions for. Make them work for it by hiding the cash in a mason jar with Christmas candy like Kreative Kristies did. We don’t agree with this assumption (because we can live on pizza), but we are suckers for puns. If you’re a a crafty entrepreneur or a vintage specialist, Etsy is the online marketplace for your wares. Calling it the eBay of handmade items is misleading at best in philosophy, and incorrect in function. Each listing supports multiple images, it allows an in-depth description, and it allows you to charge for shipping.
In the beginning, you never sit around and wait for the customers to come to you, you go out and find the customers! On top of those fees, you obviously have your Paypal fees, so make sure you account for those as well. I had read quite a bit about Etsy over the years, and one of the most common complaints is the low hourly wage that many people calculate out.
There is much to consider when deciding to start an Etsy store, and it won’t be for everyone.
However, building a profitable business out of your crafty  money making ideas entails more than just listing your wares on a popular site.
If you’re at all familiar with other online marketplaces, these fees are extremely reasonable for the quality of the website, and the amount of traffic they have. You need to know how to present yourself, your business, and your products in a way which attracts customers, and then, keeps them coming back.
If you don’t want to offer these, then get out now, because there are plenty of sellers on there that do. Price your product correctly.If you want to sell on Etsy, then you will need to do some research.
The button is attached to the wire that holds the dollars together as well has the bead head and halo. You will want to research what the best price point is for whatever it is that you are selling.Will you be selling your product at a high price because of a high quality or will you be competing with your competitors by selling your product at a low price?2.
This may require visiting other Etsy pages in your category to discover how you can add an original twist to, say, organic diaper covers. Your creativity will help customers remember you the next time they’re looking for similar items and designs.
You will definitely want to brush up on your photography skills or even possibly take a photography class (or maybe a few). And while many online entrepreneurial guides counsel you to find a niche, make sure that your money making ideas also have wide appeal.
People are tired of generic, mass-produced, easily ruined products found in today’s retail stores.
If you are selling something to a customer, then you need to know how to treat customers correctly. If they’re disappointed, you’ll hear about it–as will everyone in their immediate circle. Not only will you lose that customer’s business; you stand to lose business you never knew existed. You need to be able to describe your product in its title and in the summary of the product.SEO matters on Etsy as well.


Build a reputation for great work.Once you’ve decided to sell your crafts online, it’s easy to get so excited that your throw up a storefront before you have much inventory.
You have to think that some products have thousands of similar products on Etsy as well, and you want yours as close to the first page as possible and not on the 50th page.Are you interested in selling on Etsy?
If you only have a few options, they’re likely to get bored and move to a shop with more choices. In a similar vein, if your crafts are reproducible, try to have a reasonable stock on hand; if you’re sold out, your customer might not return. Use Etsy’s “Quantity” feature to keep your links viable, obtain statistics, and help you track store information via Google Analytics.Your BrandYour brand is the perception people have of your business.
And owning your own business is another positive.There are many different areas to think about when making money on Etsy.
It comprises your company image and the emotional connections customers make with your products. Will you wholesale products or make your own?Some Etsy owners make a very minimal amount of money by selling their products on Etsy. Would you be able to make more money per hour by working somewhere else?You have to think about how much these products will cost. Some often think that selling knitted items on Etsy sounds like a great idea, but you need to think about the overall cost.
When you decide what kind of store you’ve got, design your logos, banners, printed materials, packaging, and even written descriptions to reflect that brand. And then there is labor to think about as well.How much will shipping cost to deliver your item to your customer? Will no one want to pay for the shipping because it will cost more than the actual item that they are buying?How much will you charge?There are many, MANY shops on Etsy.
If you put as much effort into constructing a brand identity as you do your products, you’ll develop a distinct Etsy presence.Your ConnectionsEven if you’re running your Etsy shop late at night, uploading files in your basement, long after everyone has gone to bed, you’re not alone.
It’s highly unusual for a new entrepreneur to be an overnight success; take advantage of every opportunity you get to learn how to make your money making ideas better.
Will you charge more than others or under charge and hope to make money by selling a larger volume?Who are your target customers?Thinking about who your target customers is very important when thinking about how you will make money on Etsy. Advertising on young women’s blogs but your target market is grandparents is not exactly the wisest thing to do. Write a craft or sales blog, link to others with similar interests, and trade “blog tours” with your colleagues.
This is most likely just wasted money since your target market most likely will never see your advertisements.How will you advertise?Many Etsy shops advertise in many different ways. If you’re active on crafting (or other) forums, include your blog or Etsy store address in your signature, when permitted, as a form of quiet marketing.Your most valuable connections?
Advertising your product can be very important because you can reach a wider market, and hopefully even more sales will come from your advertisements as well.You can advertise by placing advertisements on blogs and websites.
Nurture your relationship with your customers  by providing quick, courteous customer service. Let buyers know what to expect by putting together a clear store policy, describing in detail how you will handle payment, shipping returns, damaged items and other transaction questions. Whether it’s fine dining or going out to your local bar or restaurant, these are costs that add up all too easily. Take the time to send e-mails describing your shipping process and other important information whenever you make a sale. They may seem cheap once in a while but once you start doing it on a weekly or semi-regular basis, it becomes a larger and larger chunk of your expenses.In contrast to this, understanding the benefits of a quiet night in can prove useful.
Ship items carefully and appropriately, with packaging that includes your store’s name and logo, and which reflects your brand (a “green” merchant, for example, should not going to use non-recyclable plastic). More than offering something different and relaxing it can demonstrate a way to stay cheap and cost effective whilst still enjoying the usual perks of life.FoodIf you go out to eat, you should know how much this can cost. Contrary to what late-night infomercials and talk show guests wish you to believe, it’s not possible to earn a living working a couple of hours per day. For instance, if you have the urge for Chinese food, it may be cheaper for everyone to pool money together for chinese takeaways than visit your local restaurant.
However, in order to accomplish that level of success, you need to devote many long days not only towards your crafts and art, but filling orders, perfecting your shop, and making sales connections.
This is another lesson to be learnt in saving, by understanding the real value of something.If you come across some movies that you and your friends love, it makes sense to purchase the DVD so you can all watch it whenever you like. Luckily, you can save money by ordering your DVDs online, so you do not have to worry about breaking the bank. Look for opportunities to make a sale: advertise on your vehicle, pass out business cards, donate items (labeled with your shop URL) to charity events and fundraisers, speak or write about online commerce–remember your brand, and get creative! To make things more interesting, consider having each person purchase a DVD online and then choosing between your favorites every time you gather.Additional expensesHopefully the two areas above should highlight how easy it is to cut down on those little costs for every social occasion but there are always other areas to look at. If you don’t go out to an expensive restaurant you might not need to risk your best shirt or shoes. Not many people would buy something unless they have seen something.When it comes to crafts and Etsy, it is very important to have great pictures as it helps a potential client completely visualize what they are buying.
When it comes to crafts, you never know unless there is a picture included!Your photos of your products are very important.


Make sure to have at least a somewhat decent camera and take clear pictures of the product.
We make our best effort to provide you with the most accurate, legitimate information possible. Disclosure per FTC guidelines: This website may be compensated through advertising, affiliate programs and other programs. Use these tags to indicate color, size, use, style, vintage, materials, and other specific details so that customers can find your product more easily.After all, if you’re selling stuffed felt owls, you want to attract people looking for just that.
Price your crafts fairly, of course, and don’t undersell–but don’t price every potential buyer out of your market. After all, the customer who can only afford a low-end headband may, if she likes your work, return for that hand-woven bed spread when she gets a raise.
Not only can you make money; you’ll enjoy traveling, getting to know your customers, and meeting people who love arts and crafts as much as you do. So before you upload another batch of photos, consider having your next sales event offline. But it never hurts to reiterate that the key to a successful business is selling well-made products that people want.
Plus, while you may be able to disguise poorly-made goods on the internet, you can’t do it when your customers can handle and examine your wares up close. The goal of market research is to discover if there is a demand for your product, what people expect to pay for it, what features they need, and what performance expectations they have.
Do not invest huge amounts of time and money in a project until you determine that there is, in fact, a market for your money making ideas, and if you can satisfy that demand.
Featured here are some simple steps to help you get started with your own candle making business.Research and PlanningThe success of your business is largely determined by a solid plan. If you’ve never made candles before, you will need to learn about the candle making process, and decide which types of candles you would like to make.
A helpful book will list the supplies required for candle making, as well as explain the actual process. A wealth of information can be found online as well–you can gather tips and advice from a variety of candle makers, and find out the pros and cons of making certain types of candles. Herbs are easy and inexpensive to grow yourself, and whether you choose to sell the plants themselves or make your own fun and innovative products from them, the marketing possibilities are truly endless.
Since herbs are very cheap to grow, you can plant a lot of them.If you are able to have an outdoor herb garden, you will need to pick a location in your yard where your plants will thrive and then prepare the area for planting. But with the advent of the Internet and its numerous e-commerce opportunities, thousands of people are finding that generating cash from your hobbies is one of the best part time money making ideas.With a little bit of know-how, you can, too!Initial InvestmentThe crafting world is so varied, it’s impossible to provide one solid start-up figure. Yours will depend upon your materials cost–less for the knitter, more for the metal smith, for example. Fortunately, these vary widely in price (see more information about this in our article 10 Sites for Selling Your Creative Masterpieces).Some charge nothing for registration, but take a small transaction fee on every sale.
If you choose a company which provides an e-commerce platform, be prepared to pay a monthly fee. Typically, you’ll choose from service packages, ranging in cost from $25 to $200, depending on the options you want. Depending on materials costs, therefore, you can begin your business for as little as a one time investment of less than $100 to as much as $500 (or more) per month. You can set up your own website by starting with hosting, such as through Bluehost.How Much Can You Make With This Money Making Idea?
While other still can’t cut a straight line decades after kindergarten and struggle with pattern instructions, they’re knitting layettes, weaving rugs, making adorable stuffed owls, one of a kind candles, or recreating the Sistine Chapel ceiling in their dining room. And every time they complete another fabulous project, their friends say “You should sell these!” They smile and nod, but have no idea where to begin.
The thought of websites, advertising, pricing and taxes makes their feet go cold and the dream grows cold with them.
Sounds familiar?Selling your crafts, or art, online isn’t nearly as difficult as you imagine. Unfortunately, this is one of the money making ideas that is not as well documented in the blogosphere as we’d like, and we hope to change that! And some offer help to those that love the crafts, but fear the process of creating a site to market their crafts.
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