Wednesday, August 28, 2013

How To Make Money With Etsy

It is very easy to make money with Etsy is you have handmade items you create or antiques to sell. If you’re looking for part-time work or even a way to replace your job you can make money with Etsy write from your own home. Etsy  allows you to create your own online shop. You can either sell antique items, artwork, or handmade items. Your success depends on whether or not you have a niche that people are looking for.


Create A Cool Shop And Then Make Money With Etsy


make money with Etsy
Before you open up your shop, in order to make money with Etsy, you should research the site and see what other people are selling. You want to make sure that this site would be perfect for the product that you want to sell. Unlike eBay, this site is not geared for discount but more for quality. When you are ready, you can open up your shop for free. The first thing you want to do is fill out your profile and shop information.  It is important that you name your shop and keep in mind that this name will brand you and your product. The next thing you want to do is fill out your about page. Recently in my own and Etsy shop I wrote a short story about how my shop came to be. The story was brutally honest and told about how I was mistreated at my former job and then how that led me to the unemployment line. Moments after posting this story sales started to pour in. People like knowing the story behind the product they are buying as it gives the item more meaning to it. Writing a simple honest story can make a huge difference and you too could make money with Etsy.


Pricing Your Items Correctly In Order To Make Money With Etsy


A lot of people find it difficult to figure out what they should price their product for. There is no real answer for this however one of the best things you could do is just search and see what other people are charging for their item. Believe it or not when people come to this site, they are looking more for a good quality product than they are a discount. If they love the item they will buy it regardless of the price. You want to be ethical and not overcharge but at the same time you don’t want price items too low because people will think your product must not be of good quality. You’re going to find that it’s more of a trial and error when you seek to make money with Etsy.


make money with Etsy
I learned an important lesson when pricing my product. When I first opened my shop I didn’t really allow for a decent amount of profit per sale. I thought the only way that I was going to sell my product was to price it low. My sales were okay but believe it or not when I raised my prices by $20 more than what I originally had them for I actually sold more! More recently I had a lull  in my sales, so I thought it might be best to lower my prices. What I found is that it made no difference whatsoever. Once I raised my prices back up to where I had them I started making sales again. It really does come down to quality versus cheap. People are willing to pay if the product itself is unique and of good quality.


Finding Or Hand Making Your Products


In figuring out how to make money with Etsy you need to decide whether or not you’re going to sell antiques or make your own items. If you are going to sell antiques you could go to tag sales, flea markets, or even antique shops. You may even find stuff at estate sales. If you’re going to build something you have various choices. You can either build a stock of the product and store them away in your house or you can build to order. The different type of products you can sell include drawings, paintings, frames, lamps, small furniture, custom jewelry, clothing, handmade soaps, and anything else you could think of. If you have a creative side you can actually make money with Etsy utilizing your own talents.


Best Way To Deal With Customers


It is very important that you learn to be professional when dealing with customers. Most of the time you’re going to find them to be polite however there will be the occasion where you’ll have to deal with someone who is very rude or disrespectful. In order to protect the integrity and honor of your shop it is best to deal with these customers in a friendly manner and then move on. One of the most unfortunate lessons I have learned is that some customers will have an absolute disrespect for you as a shop owner. You will become irate because you’ve just spent so much time dealing with this one person in hopes of creating a lucrative deal. You may offer special discounts to them, research better ways to ship, etc. and yet they will suddenly stop communicating with you altogether. People like this do not understand that this particular website is built up of individuals and not huge companies. It is vital you learn to accept this as just part of the game.


Sometimes Little Extras Go A Long Way


There are things you can do to help boost your sales in order to make money with Etsy. You can offer free gifts with every order, offer There will be times  I get a customer who wants to order a large quantity of my product. Usually they will ask for a discount. I have set my prices so that I can allow these discounts once in a while. It might be a good idea to think in those terms. That discount will make the customer happy and you will make money with Etsy.


Your Shop May Ride Along Ocean Waves


Every store is going to be different. Some will see regular sales were others may have lulls. It’s best to think of it as riding on ocean waves. Some months will be better than others. One of the best months to sell is actually November. It might be a good idea to stock up on the product that you have in this particular month. You have the potential to make a lot of money because many people are seeking gifts for the holiday season so it’s best to be ready early on. The reason why I look at this as riding on ocean waves is because in one month I could not keep my items in stock and then the next two months I could not make any sales.  Unfortunately this is the nature of the beast. If you have the ability to add various products to your shop it may actually help offset the lack of sales of your other products during slow periods.


Writing Your Product Descriptions


In order for people to find your products you need to write a very effective description. One of the best ways to go about this is to think of it as a blog post or article. You want to make sure that you optimize this description using keywords. When opening your shop do as much research as you can on SEO (Search Engine Optimization.) Try to find a combination of keywords to create your key phrase that will be the most effective in getting people to visit your product. You also want to make sure that you include every detail about your product in your description. Try to think of what the customer might ask you. Think of things such as size, color, shape, weight, and any other little detail that they may need to know. Sometimes it’s good to include a small story about the product and how you came up with the idea . Believe it or not this is a really effective way to  help you make money with Etsy. Lastly make sure your description is honest and truthful.



Having your own shop with Etsy can be a very cool thing especially if you are creative. It allows you to build your own products from home and then sell them from this really cool website. If you are into antiques or vintage items this is a great place to sell as an alternative or along with eBay. Make sure your ads are written effectively and similar to the way you would write a blog post or article. Remember if you price your items too low it will not increase your sales. People come to this site for quality not discounts. It may take some time before you begin making excellent sales but as long as you stick to it and you dedicate your time to your shop you’re going to find this to be a very fun and exciting way to make money with Etsy from the comfort of your home.

Etsy not for you? Read my post on other things you can do from home to make money here.


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Mike M Burke

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