Overview About Etsy
Release your creative side and nourish your business mind when you sell products on Etsy.
Over the past few years since Etsy.com started its operation, it grew into something wonderful. It will eventually make your talent into a business that will definitely go big. This platform has over 45 million registered members with about 4.1 million sellers.
As you continue reading this article, you will learn how you can sell your products on this platform, and hopefully all of the necessary things that you need to know.
What is Etsy?
Etsy is a good example of an e-commerce platform. But instead of selling or buying manufactured things, you will sell or buy original, hand-crafted, and artistic products. Even vintage things that are rare and hard to find in a traditional online store are being sold on Etsy.
This platform supports independent creators and holds no warehouse to store any products. It is the best way to connect and make wonderful deals on unique and beautiful items.
We can also say that this is a good marketplace for new businesses, small, part-time, or even full-time. Vintage shops can definitely go online using Etsy. Their products should be at least 20 years old to be considered vintage. It is also perfect for art shops, freelance accessory-makers, and hand-crafted clothes, and art pieces.
This platform sometimes holds an art crafting class called the Etsy Labs. Through this people will get to learn and improve their talents and skills to make wonderful art pieces.
How to Sell Your Products on Etsy
There are only simple ways to sell your products on Etsy. Take a look at them in this portion to get started.
1. Go to etsy.com. You can also check out this link to learn how to sell products on Etsy.
2. Set up your Etsy shop about what types of products you would like to sell.
3. Create a catchy and beautiful shop name for you. Consider making your personal brand to be unique.
4. Create a Products List ( Another portion below to discuss product listing on Etsy)
5. Establish a Payment Method for your online selling business
6. Make sure to input billing information for every transaction.
How to List Your Products On Etsy
Online selling is a bit of a challenge when you are just starting to establish your shop. Here we will help you properly list your products on Etsy.
1. Always add a photo – Statistics says that most people look at pictures first. Since that you are selling things, people will be more attracted to what they see first.
2. Make sure that your thumbnails are on point – This is the first picture that customers see. It will officially set the mood of your shop and your product.
3. Make complete listing information – Complete title and description about the product. You should also make tags when posting, this will help your post recognize when buyers search for them.
4. Include the price and the stocks.
5. Also never forget to include the shipping fee.
6. Review your listings and make sure to change any necessary things to change.
How to Optimize Your Etsy Shop
An optimized Etsy shop is something that will surely get the buyer’s attention. Make sure that your shop looks legit and worth the buyers’ time.
Here’s how you can fully optimize your Etsy shop:
1. Put your profile information on your shop. You can add a simple bio about yourself and a picture of your choice. It could be you or something that symbolizes you or your personality. It is a good way to create a good impression and connection to customers.
2. Include a shop policy and frequently asked questions with sustainable answers so that people will find it easy to buy things from your shop and know your products better.
3. You can add a shop bio. This platform allows users to write until 5000 characters for their shop’s biography. This is your best chance to promote your shop to your customers and encourage engagement. You can even share how to make your products in the most creative way so that customers will be more interested.
4. Etsy marketing tools are also available to optimize your account. You can use all of those tools to market your shop to different social media. Make sure to understand all of them and use them to your own advantage.
Etsy Cost
Setting up your account and shop on Etsy is not free. But it does not cost a lot. You need to pay an amount of 0.20 dollars for an account. It gives you the ability to list your products.
The validity of your account expires every four months. So you need to update it quarterly. Actually, it gives you the option to update your account automatically or manually.
It still takes 0.20 dollars per listing every 4 months. Fo a total of 100 listings, you will pay an amount of 20 dollars.
There are some extra fees for the seller, depending on the case of the transaction. But these fees are not that high. Just take note that 0.20 dollars are not enough to maintain your shop.
FAQs About Etsy Costing
What is the Etsy Transaction Fee?
Sellers must pay a 5% transaction fee of the sale price for every item sold.
What is the Cost of Investing in Etsy Ads?
For shop owners to promote their products through Etsy Ad, you can pay $1 per day. With this, consumers who search for products will see a white ad banner of your shop at the top left corner.
What are the Payment Processing Fees for Etsy?
Per every transaction, This platform charges a processing fee of 3% plus 0.25 dollars.
What is the Shipping cost for Etsy?
The shipping cost is paid by the buyer depending on their location.
Tips to be Successful on Etsy
We will tell you what are the possible ways to be successful on Etsy. These are just simple but useful tips for you.
1. Make your product pictures look great. You can hire a photographer to do all the work. We know that this may be costly but it will be a great impact on your shop.
2. Study the Etsy SEO. Using this you will be able to create optimized product posts that will firstly appear once buyers search for them.
3. Always organize your shop. Be more particular with the listing, inventories, and pricing.
4. Make your financial records tidy.
5. Always make an analysis of your sales on a weekly or monthly basis.
Final Words
We hope we were able to help you learn something about Etsy.
Leave a Reply