How to Start Selling on Etsy and Make Money

Business generally refers to selling products and services. You can create any kind of services or products to sell. You can even sell someone's products to make money. Setting up an online business does not take a lot of time or money, but what is difficult is surviving the competition. If you are looking forward to building an online business, consider Etsy

Making Passive Income on Etsy

Etsy is an online marketplace that gets hundreds of millions of visitors every month. You can also take the benefit of Etsy traffic by selling your products and making money online. You might ask why should I start on Etsy, there is eBay, a more popular and even bigger marketplace? While you can sell anything on eBay, on Etsy you can sell only handmade products or vintage products. If you specialize in creating your own products, Etsy is a better marketplace to make money.

Interestingly, the products you sell on Etsy do not have to be physical items, you can sell digital items and make passive income. In fact, selling physical items cannot be considered passive income because you will have to manufacture the products and ship the product when someone buys them, in order to sell more products, you will have to create more products. Nevertheless, for digital products, you will have to create products only once, you can sell the same product again and again and you don’t have to ship it, the buyer will download it with a few clicks.

If you are interested in selling on Etsy, you might want to know what kind of digital products you can sell on Etsy. Well, you can sell social media templates, for instance, templates for Instagram, digital files like T-shirt designs, printables, etc.

How to Build a Business on Etsy

There are a lot of ways to build a business on Etsy but I will explain a simple method.

Create an account on Etsy.

Go to Printify and create an account. You might have never heard of something called Printify, might know nothing about creating print-on-demand products, but Printify is a very popular Print On Demand shop.

Use Printify product creation tools to create products.

Connect your Printify account with Etsy and list your products.

When your products get sold, Printify will fulfill the order and you make money.

In this whole process, you will pay 20 cents per product to list on Etsy and spend some money on Etsy ads. You pay to Printify only when the product is sold.

This business model is actually as easy as it sounds. Etsy has a small listing fee and Printify is super easy.

Try Etsy and Printify. This is better than a normal dropshipping business.

You can start selling on Etsy even if you have zero experience. Creating products on Printify is also easy, you can create products on Printify with a few clicks and start selling those products on Etsy immediately.

This business model is called Print On Demand, and it is very profitable as you need a small investment to establish the business.

How to Run Ads For Your Etsy Listing to Generate Sales

Even though you might have never tried Etsy, you have possibly heard of Etsy. If you are looking forward to building a business but do not have a lot of money to start the business, you should probably try Etsy. Before you head over to Etsy to create an account and list your products, you need to know certain things, for example:

Etsy allows you to sell only handmade items or vintage items (items that are at least 20 years old).

You will have to pay a flat listing fee of 20 cents per product.

You will also have to run ads to sell products. This is not mandatory, though. Etsy offers CPC ads, which means you will pay only when your ad gets clicked. How much you pay for ads depends on the number of clicks on your ads and the place where your ads appear. The CPC rates differ from listing to listing and every time your ad appears in internal search results.

Since you pay for the ads only when your ads are clicked, running ads for your products can be considered profitable. When your ads get clicked, it is very likely that the user clicked on the product because he/she is interested in buying the product. The average ad conversion rate for Etsy is 2.61 percent.

Business generally refers to selling products and services. YOu can create any kind of services or products to sell. You can even sell someone's products to make money. Setting up an online business does not take a lot of time or money, but what is difficult is surviving the competition.

First published on Trendri, in the author's name