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Topic: Do you guys actually make money on etsy?  (Read 36834 times)
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amaryllisroze
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« Reply #10 on: July 24, 2006 08:02:36 AM »

A trend I notice about Etsy is that the buyers seem more likely to buy lower priced items. I have some of my pocket shrines on there for $15 and that is a loss on time/materials for me. The magnets I sell for $2 barely cover the costs. It would take a heck of a lot of $2 to get me to where I'm making much of a profit.

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« Reply #11 on: July 24, 2006 07:09:12 PM »

^^ This is what I'm talking about.  The only thing I can suggest is take out the $ 2 items and give them no choice but to pay $15.  Put all your effort into making the $15 items irresistable , hopefully they'll buy it at that price!
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amaryllisroze
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« Reply #12 on: July 24, 2006 07:23:58 PM »

That's how I had it for the first couple of months...when I wasn't selling anything, I went to the $2 items.
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« Reply #13 on: July 25, 2006 06:39:16 PM »

I'm currently working on my collection and I'm planning to approach Girlshop.com since they're pretty much based in NYC,

Wow! I admire you! I so totally want to do that to but when I'm older of course  Grin Good luck!
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« Reply #14 on: July 28, 2006 11:19:51 PM »

Don't let the price of other items on Etsy keep you from posting items at the price you feel they're worth. The more people that undervalue their work, the more everyone suffers as a result.

I've seen many people raise their prices only to find INCREASED SALES! I've found that often people equate price with quality. So even if you and JoeCheap are selling similar items, a buyer may assume yours is better quality. They may (even subconsciously) assume that you have more experience, more expensive/higher quality supplies, better techniques, etc.

I tell people that setting up on Etsy is free. I tell them to list 10 items over the course of several days (at least 10-20 days) and to post a bit in the forums to introduce themselves and get a little extra exposure. It'll only cost you $1 to list 10 items if they don't sell. Then wait. See what happens.

I don't make a ton on Etsy, but I do make enough to purchase supplies and have money left over. I keep all business money separate and don't add to it from personal funds, so I know I'm at least in the black. I'm trying to expand, so I can't tell you for sure, but I'd say that I would be making $12 or so an hour if all my items sold. Since I've only sold about half, that's $6 an hour so far. Since I'm not paying for childcare for my 2 children, that's (to me) like making $10 or more an hour anywhere else.

Now, if only I got enough business to keep me working 8 hours a day! Smiley
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« Reply #15 on: July 29, 2006 11:13:34 AM »


I tell people that setting up on Etsy is free. I tell them to list 10 items over the course of several days (at least 10-20 days) and to post a bit in the forums to introduce themselves and get a little extra exposure. It'll only cost you $1 to list 10 items if they don't sell. Then wait. See what happens.
Now, if only I got enough business to keep me working 8 hours a day! Smiley

What GREAT advice...I'm going to take it soon!
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Craftgoddessss
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« Reply #16 on: August 01, 2006 10:14:20 PM »

I buy food with etsy money...and craft supplies, of course...I think that if you are interested in etsy it is quite harmless to set up a shop...If nothing else you can get a little extra exposure, and that never hurts  Smiley
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iHook
« Reply #17 on: August 08, 2006 02:39:32 PM »

i make a "profit" on individual items, meaning i sell them for more than the cost of materials. but i still haven't broken even because i buy more supplies when i shouldn't.

as for why prices are so low? i dunno, desperation maybe? my prices were much higher when i started on etsy. but i gradually kept lowering them to generate some sales because i'd rather be in the hole by a couple hundred dollars than, say, $800. it worked to some extent, but it's very sad that many sellers on etsy have to slash their prices just to sell something. it probably starts a vicious cycle where such low prices become the norm.

susan
« Last Edit: February 19, 2007 12:41:56 PM by jungrrl » THIS ROCKS   Logged
dirtythghts4
« Reply #18 on: August 09, 2006 07:35:25 AM »

has anyone had success selling paper items, liek cards or stationary on etsy? there seems to be an over abundance of stuff in that category, so i was curious.
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nico-tiro
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« Reply #19 on: August 10, 2006 12:17:01 AM »

i kind of really dislike the sellers who price their items too low. or say that they have actually imported their items (hence the low low low rice) it just makes me mark down my stuff coz i HAVE to be somewhat competitive. like a 75$ purse i sell at a store here would be 30$ on etsy just coz it seems that the people pricing too low drive down the normal price range grrrr vicious cycle indeed.

but yes! i make lots of money from etsy and my only problem is not going directly supply shopping with it.
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