Have you been thinking about opening up a shop on Etsy? Have you been wondering whether selling on Etsy is worth it? Or have you simply never heard of Etsy?
What, you’ve never heard of Etsy?….Well, where have you been? Have you been living underneath a rock?…Just kidding! Even after being a member of Etsy since 2008, I am never surprised when I come across someone who has never heard of the great marketplace.
Etsy is one of the best marketplaces for those who sell and buy handmade, vintage and supplies. Etsy has been connecting buyers and sellers since 2005. It has grown to over 1.7 million active sellers and 27.1 million active buyers from nearly every country in the world. If you are new to selling your handmade or you have never owned an online shop, I encourage you to try Etsy.
Here Is Why Selling On Etsy Is Worth It
1. You Can Earn Enough To Supplement Your income
With the uncertainty of the economy and the job market, having a supplemental income has become a necessity. It is possible to generate a good supplemental income with your Etsy shop, if you are truly committed to learning how to start a business and you consistently work to grow it. Many Etsy sellers have turned their shops into successful businesses that generate a full-time income and lessens their financial stress. It takes dedication, hard work and the ability to learn, but it can be done.
2. Very Low Start-up Costs
Compared to the start-up costs of a typical small business, the cost of opening a shop on Etsy is extremely minuscule. It costs 20 cents to list each item and when an item, sells you pay a fee equal to 3.5% of the selling price. This means you can open your shop without relying on a bank loan or outside investment.
Etsy allows you to create a flexible business that fits your life. You are the boss, so you make the rules. You decide how long and how much you work, in addition to where you work. For many Etsy sellers a flexible work schedule and the ability to work from home, means they are able to spend more time with their family. Some sellers rent a studio space, while others prefer to have a mobile studio that allows them to travel and see the world while running their shop.
4. Built-In Traffic
As I mentioned earlier, Etsy has over 27.1 million active buyers from nearly every country in the world. If you were to start a website from scratch, the odds of you having that many buyers coming to shop are highly unlikely. Sellers who properly optimize their Etsy shop are able to benefit from the built-in traffic and spend more time adding new items to their shop.
5. Community Support
It is truly wonderful to be around like-minded people who will encourage and support you as you navigate the waters of being an Etsy seller. Etsy offers great community support through the main online forum, teams, online workshops, seminars, and conferences. The staff works hard to make Etsy a community that is encouraging, inspiring, and respectful. Members are encouraged to celebrate differences and learn from each other.
6. Easy To Use, Always Up-To-Date Site
Perhaps, one of the best things I love about Etsy is that the site is easy to use and they take care of all the work to make sure the site is always up-to-date and secure. Sellers don’t have to worry about updating software or deal with the hassle of maintaining a site. We are free to focus on running our shops and providing great customer service to our buyers.
Even though Etsy is not perfect and there are days when some of the site changes and policy updates make me want to scream and pull my hair, selling on Etsy is definitely worth it. I started selling full-time on Etsy in 2008 and overall it has been a very positive experience that has helped me gain the confidence I needed to grow my business and help others. Each year, I see my revenue on Etsy grow as I continue to work on improving my business. I love working with other super creative, talented and successful people. If you haven’t done so already, I invite you to visit Etsy and seriously consider opening up a shop.
Success Step: So What’s Your Next Move?
Most people never succeed because they never take action. They read and study new information, but they never put that information to work. So before you click away, decide what action you are going to do today.
- Will you go now and register for your Etsy account?
- Will you make a list of handmade, vintage or supply items you can sell?
- Will visit Etsy’s site to learn more?
I would love to know what you plan to do next. Share your next move!