How to Make Money on Etsy
If you want to sell online but you do not have a lot of funds to create your own online store, you can try online marketplaces like Amazon, eBay, Zazzle, Etsy to sell your items and make money. In this article we will explain what is Etsy, how you can make money on Etsy and how it compares with a more popular online marketplace Amazon.
Etsy is an online marketplace where you can sell hand crafted items, antique items, and digital products, for example, you can sell handmade soaps, bags, 20 years old products, or digital art, design, templates, etc.
How to Make Money by Selling Canva Templates on Etsy
We can use Canva to create templates for our own products and services as well as social media posts, for example, Instagram posts, Facebook Story, Youtube Thumbnail, etc. Interestingly, not many people know that we can also sell our Canva templates and make money. You can sell Canva templates on Etsy, one of the best marketplaces for digital products.
On Etsy, people are searching templates for their products, online shops, and social media posts. Therefore, there is a great demand. Even if you are just beginning and have zero audience for your work, you can actually sell and make money as long as your work is really good.
Making money by selling Canva templates involves two-step, first, you create template on Canva, two, you sell it on Etsy.
List your templates on Etsy. Create a grand lunching of your product. This is a great way to get eyeballs on your shop.
FBA vs. Etsy: Which Can Be More Profitable?
If you want to do online business, selling through online marketplaces is the easiest way to do it as you do not have to spend a lot of money in building your store. There are multiple options but here I am going to compare FBA with Etsy.
FBA or Fulfilled By Amazon is a program from Amazon that allows individual sellers to sell their items through Amazon Store. Etsy is an online marketplace where you can sell your handmade items and designs. You can join free, but you will have to spend money on listing, and also pay a transaction fee and payment processing fee.
When your product is sold, Amazon will cut its commission and send remaining balance to you. FAB charges a storage fee (because your products are stored on Amazon warehouse.
In order to sell via Amazon, you need to first ship your product to Amazon warehouse. Amazon will take care of packaging and shipping. However, on Etsy you will have to handle everything related to selling your product.
FBA can be a little complicated as they have a strict policy for product packaging (when you are sending products to their warehouse)
First appeared on Trendri in author's byline)
