How To Open an Etsy Store to Start a Handmade Business

How to Start an Etsy Store to Launch Your Handmade Business E tsy оо The Success of Etsy Stores 1 Etsy had over 2.5 million sellers at the end of 2019. 62 percent of Etsy sellers are based in the U.S. Top Etsy sellers can make $1,000 to $5,000 a month or more. A quarter of Etsy sellers view Etsy as a full-time business. Etsy has over 60 million products listed on its platform. 45.7 million people purchased goods on Etsy in 2019. Starting an Etsy Store: 9 Easy Steps 2 Decide what you are going to sell and how much you will charge. Think of a great, memorable name for your shop. 3 Create your products. Take some high-quality product photos. Go to Etsy and click "Sell on Etsy," then "Open Your Etsy Shop." Choose the language, country and currency for your shop. Name your shop, then click “Save and 7 Continue. Add products to your shop by creating listings. Let family, friends and followers know your shop is open! Etsy Fees 3 A listing fee of $0.20 charged when an item is first listed for sale A listing fee of $0.20 charged when you renew or auto renew an expired listing (after four months) A transaction fee of 5 percent of the price you display for the item, including shipping and gift wrapping %24 Variable advertising and promotional fees if you use Etsy Ads or Offsite Ads $4 $ An optional fee for the "Etsy Plus" subscription at $10 per month Variable processing fees if you use Etsy Payments to allow customers to pay After Opening Your Etsy Shop: Marketing Tips 4 Enhance your shop and the buyer's experience by focusing on marketing, branding, promotions and review-gathering. Focus on creating a strong and impactful brand. Decide how you are going to market your products and consider Etsy paid listings. Encourage customers to leave reviews. Slowly expand into new products and ranges. What You Can Sell on Etsy 5 Etsy Handmade Items Rules All products must be made or designed by you. you work with a production partner, you must show that production partner in your listings. If You must describe every person involved in the making of an item. You must use your own photographs or video content, not stock photos, artistic renderings or photos used elsewhere. Additional Rules for Personalized and Made-to-Order Products All listings can be purchased at a set price. you use photos of previous work with options for customization (like color choices), it is clear If in your description that the photos shown are just examples. Etsy Vintage Items Rules > Vintage items must be at least 20 years old. Etsy Craft Supply Rules Craft supplies are tools, ingredients or materials whose primary purpose is for use in the creation of an item or special occasion. Craft supplies may be handmade, commercial or vintage. Party supplies may also be sold as craft supplies. Etsy encourages you to be transparent about how your craft supplies were made and where your materials come from. incfile References https://convome.com/how-much-does-the-average-person-make-on-etsy/ https://smartmoneymamas.com/side-hustle-showcase-truth-behind-etsy/ https://www.veeqo.com/us/blog/etsy- statistics#:-:text=Last%20year%2C%20Etsy's%20annual%20merchandise,22%25%20between%202019%20and%202021. https://help.etsy.com/hc/en-us/articles/115015672808-How-to-Open-an-Etsy-Shop?segment=selling https://www.etsy.com/legal/sellers/