In the last couple years, Etsy has grown by leaps and bounds as it works to keep up with changing technology in the world of e-commerce. Selling digital downloads on Etsy is easier than ever before with a simple, automated system that lets you make money in your sleep. But it is a possibility if you create a unique product that customers actually want. First things first, what is a digital product that I could sell on Etsy? This new world of informational and downloadable products is exploding right now, and Etsy is a great hub to sell and deliver. A digital product is anything that is delivered electronically digital files rather than physically packaged and shipped. This could include printable worksheets or forms, vector illustrations and digital patterns, how to make money sellin digital on etsy, e-books or step-by-step guides, stock photography, design templates, sewing patterns, printable art or signage, or even logos and icons. Setting up a digital listing is exactly the same as setting up a physical listing, with a few exceptions.
How To Create Digital Items for Your Etsy Shop
But how many of them are making the big bucks? And what about you? How can you make sure you design a best selling digital download on Etsy? You have heard the hype… get paid passively, while you sleep! Just throw any old thing up for sale and millions of buyers will flock to buy it! If you have been selling for any time at all, you probably understand that those magic words are just that, magical thinking and that having a successful store with highly sale-able products takes a bit more work than that! But it IS possible to make money selling digital products with an Etsy online store! I have a line of planners, worksheets and courses that I sell everyday. I have sold over 3, items and maintain a 5 star rating for my Paperly People shop! Check out all my policies here. To me it means that you have a high volume of sales and that the people who buy that product are happy, leaving good reviews.
A Word About Copying Best Selling Products
Podcast: Play in new window Download Duration: — We went from concept to fully operational side hustle in 6 weeks. Digital downloads include things like quiet books, planner sheets, debt payoff coloring sheets and patterns. They are much easier than selling physical products since you only have to make the PDF one time and it can be sold thousands of times. We were inspired to start this side hustle after having Laura of I Heart Planners on the podcast in Episode She made 6 figures on Etsy selling planners and quit her job as an engineer to pursue selling digital products full time. Our group of 12 listeners and the two of us met once a week for 6 weeks. We encouraged each other, held each other accountable, and shared what we learned with the group along the way. We also had a blast getting to know one another! Check out what Kevin had to say about being part of the group:. The result was that we had 14 very different and unique Etsy shops. From Sanibel Island scavenger hunt guides, to gardening planners, to fridge cleaner templates to artwork — our group sold it all. For this episode of FIRE Drill Podcast, we brought on two group members to talk about their experience and share the lessons they learned as they started their shops. Get a sale and determine if there is demand on Etsy first. Kevin found a good niche as no one was selling debt thermometers on Etsy, and they were going like crazy on his website. There was demand and very little competition. He received two sales in the first week of launching his shop. Tamzon knew there was demand as everyone wanted a quiet book after seeing the one she made. Tamzon shared her product on Facebook with friends and got a large influx of sales. We love Harry Potter so we are mildly obsessed with her shop! She later found out the market was super small so sales have been slow. J had a shop on Etsy before the mastermind that sold bachelorette party tattoos. So, it was only natural she create bachelorette party game sheets for her product. They are selling well!
What was the result of the mastermind?
In my recent Etsy affiliate postI let you know that I make purchases on Etsy often — but probably not the kind of products you are thinking. Instead, I buy digital downloads like offline marketing materials, logo design, blog and worksheet templates. There is big money to be made selling digital downloads. The earnings may not always come immediately as they do with an hourly gig, but you can create your product in your downtime and use it to supplement your finances until it takes on a life of its.
Outside of a secondary income opportunitythere are several other great reasons to get involved digital product arena. If you are creating a product around your expertise, you can immediately position yourself as an authority figure. This can lead into speaking and coaching positions. It could also lead to a book deal. You can also submit your product to joint venture opportunities like Ultimate Bundles. There are no limits. You can sell one product over and over and over.
And because downloads are usually delivered instantly, you can make money while you sleep. I also knew it could be a great passive income stream, so that was the impetus for starting out in the writing business. The subject of travel was a natural choice for me because of my experience and passion for the matter. Kristin Berry came up with a cool idea to help increase her monthly income digiital pay off student loans.
Looking for more ideas? Grab this free idea list which includes inspiration for all 12 months of the year. There is a huge subset of Etsy sellers making money from virtual products. Today we are talking with Shauna Huston on how to sell digital downloads on Etsy. Eellin is supplementing her income offering custom resume writing services on the site. My motivation to provide Career Consulting services came first, and that motivation came from me seeing a problem with qualified people unable to land jobs, and knowing I had the experience and knowledge to help.
My motivation to join Etsy came because I have heard numerous success stories from Etsy, however none came from digital services. Etsy does not promote utilization of other platforms through their website, as they do make money off of each sale done through Etsy.
I have discovered many advantages through Etsy such as Etsy Bow, which allows you to join groups with other sellers, post to discussion boards, and promote your items. Etsy sellers have proven to be maake players rather than competitive, as they have promoted my items without my solicitation, which has boosted digktal and exposure. I stopped utilizing PayPal and connected my Etsy page directly to my bank account. Now, I receive an order and the money is in my bank account within a couple of days.
My biggest tip is customer service. When a potential customer contacts the seller inquiring about services, the seller should take no longer than 24 hours to respond, and sooner monej possible.
I respond to my clients within an hour, and typically within a few minutes. I have been constantly applauded for my prompt responses. Another tip is to utilize the Ads! The seller will pay-per-click, and the turn around will be worth it. Another tip is to price everything right. The biggest pricing mistake is to price too low, people will assume the services are not worth it and move on to what appears to be more quality services.
Etsy is an established platform, with many people eager to buy. There are so many products available that yours will just blend in. You must take some steps to rise above the competition and improve your chances of being profitable. Are people looking for products like yours?
How much are they willing to pay for it? What sorts of features are non-negotiable? Can you do anything to differentiate yourself from your competition? Answering these questions is an essential part of market research. Take time to look at shops selling similar goods. These are your competitors, and their Etsy stores can provide a lot of information.
How are their listings priced? What does their product include? Is there any customization available? Read the reviews, looking for clues as to what buyers are seeking.
Do they really wish this skirt had a pocket, or that this journal was just a bit smaller to fit more easily in a handbag? Talk to people in your target audience who you know in real life. Poll people in your Facebook group.
Moeny you can take this information and use it to create your offers and prepare to sell on Etsy. You want to be able to easily answer the question: why should someone buy from you instead of your competitors?
In other words, what makes your product different or better? This means you should create at least a few as samples or test pieces. You need to know:. Once you have some samples, you can mxke these to take initial photos ettsy your Etsy shop. Remember that images sell, even with digital products, so take time to use good lighting and take quality pictures.
You can also create mockups using templates like those offered at IvoryMix. You need to be profitable, so to arrive at your price remember to include your materials, your time, and the fees you need to pay Etsy for listing and selling. Then give yourself some markup. Otherwise, you are just breaking even and not turning a profit. Your time should cost something! If you do need to lower your prices, though, you need to find a way to cut your expenses by changing suppliers or buying in bulk.
Setting up your shop is pretty digihal, but if you run into trouble you can maje out the Etsy help section. Then create an account with your email address. You must fill out some basic information about your shop, including your language, currency, and shop.
Before you start sending people to your shop, complete your profile. You want to tell a bit of your story in the About section, to help potential buyers learn about you and your products.
Weave some personal information in there, to help connect with your buyers. Adding a personal photo to your account instead of just a logo or product images can help build a connection as. Make sure you use strong keywords and plenty of details.
Create item descriptions that make people want to buy, and answer the questions buyers will. Pick the one that best represents your product to be your featured image. Fill out the pricing information and delivery details. Add several relevant tags with keywords to help shoppers find your products. Finally, take time to create policies for delivery, returns, exchanges, and how products will be delivered.
You want everything clearly spelled out, so your buyer knows what to expect. Your policies should prevent there from being any surprises about the transaction for your customers. Sellkn your listings are up, you can start marketing your product. It rarely works out like. You must tell people how to make money sellin digital on etsy your product. It takes continuous work to market your Etsy store. Create social accounts for your Etsy store, and start building an audience.
Get creative! Your audience wants to know about you, your products, and your brand. Show your products being used. Take pictures of the behind mxke scenes process. Share the process from start to finish with a time lapse video. Share information in a non-pushy way. Focus how to make money sellin digital on etsy building relationships. Make sure you respond to comments and are genuine in your interactions. Good reviews help improve sales.
This is called social proof. To get reviews, make sure you provide excellent customer support. Use proper grammar and be professional and courteous in your interactions. Make products that match your descriptions and deliver them on time. Then, follow up with your customers.
How to Make Money Selling Printables on Etsy — 5 Key Elements To A Successful Etsy Shop!
How To Make Money Selling Digital Items on Etsy
This post contains affiliate links. All this basically means companies may compensate me for sending you to their sites or sharing their products or services. I only choose products I would buy ssellin and appreciate your support to keep this website running. Are you curious about how to sell digital files on Etsy? I have been selling digital files on ETSY for a few years. I have made a few products that have hlw wildly successful and add to our family income while not requiring extra effort or time. My best advice is to create something you would use or refine something you are already using, like this teacher appreciation gift tag, that other people would appreciate. My most successfully selling products are items I created to digitaal. Chances are if you need something, others will digitao. The bad part is I am not usually super excited about the finished product even if it looks amazing. So, if you are going to ask someone to buy your work on ETSY, the more excited you are about it, the better it sellon sell. How to make money sellin digital on etsy with what makes you happy and sell sell sell! This works best for me because it helps me visualize not only the size I want my end result to be but the space I have to create it. Then when I jump into Adobe Illustrator to design the product, I have a starting point.
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