Build Your Business On Etsy

 Here there is every category of handmade items that you can imagine, you can fit just about anything on ETSY. It is an excellent place for the crafters to connect with individuals that are interested in purchasing their goods. It is very possible to make money on this platform provided that you have the crafts to sell. There are many shops that are operating here and they cannot be doing so if there is no money to be earned. At the moment it is not very possible to have concrete data as to how much each of these shops is making given that the owners are not very forthcoming with the information. 

However it is possible to estimate using average sales and average price in any given shop. Each and every shop is going to have a slight variation in their overall margins but there are some success stories such as a shop called Three Birds Nest that supposedly makes over $70,000 in sales in any given month. This is quite impressive. However, there are a few things that you should consider before delving into this particular business. First and foremost, is that it will not be an instant success. The business will take some time to grow and you will probably need to work on it for quite some time, which is true for almost every business but this is just so that you can manage you expectations. Therefore, if you are looking for a quick fix then this is probably not your cup of tea for the moment

Secondly, as much as your business is online the product is still a physical item that you built so you might need to factor in something like storage costs. Being a craftsman you are probably aware that handmade crafts are very demanding in terms of care. 

Thirdly, you might also want to consider packaging and shipping as these are necessary items of the trade and will cost you a pretty penny not to mention time. In the beginning, most start-ups have claimed that this particular item is a serious bottleneck for their business and it takes some time to sort it out. You need to properly plan for this in lest your business will have diminished growth. 

Also there is need to factor in factory overheads. In the event that you enjoy the process of making things then this should not bother you all too much. However, if you only have a liking for handmade things (simply seeing them, buying them and selling them) then spending hours slaving over an item shall not be all that appealing to you. But that is not to say that you cannot delve into the crafts market without knowing anything and not make money; it is possible to make a killing. It is important to note that there is a significant difference between making a number of cool items and selling them to happy customers for some little pocket money and making a full time business that ships hundreds probably thousands of handmade items every single month

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