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Do you want to make money by selling digital products on Etsy?
Etsy is a big marketplace for handcrafted, vintage, and artistic items. You’ll find a variety of products on Etsy. It helps vendors to connect directly and sell their products and money out of their arts. In this particular article, we’ll learn how to make money by selling digital products on Etsy. It is one of the ways to make money with Etsy. If you can create some great digital products that people are going to like, then stick to this article till the end. And you’ll know everything about selling digital products on Etsy and make money.
From the earning prospective, selling on Etsy can be a great source of income. Especially if you are selling digital products on Esty because you do not need to create the product(s) again and again like physical products. And that’s why I like the idea of selling digital items rather than physical products because you don’t have to worry about stock, packaging, shipping, et cetera.
It is a type of passive income business model, where you put all your effort and money in the beginning, and which will generate income for you passively again and again. So let’s get started with this article:
What Digital Products You Can Sell on Etsy?
As I mentioned in this article, Etsy is a big marketplace, and you’ll find a wide variety of products on it. And it means there are lots of digital products too that people are selling on Etsy and making profitable incomes.
Here are some digital products that are popular on Etsy. I’m sure you’ll definitely find something that you can create with minimal technical skills and sell it on Etsy.
- Digital Wall Art
- Printable Journals
- Social Media Templates
- Invitation Cards
- Digital eBooks & Cheat Sheets
- Website Design Templates
- Graphics & Logo Templates (or designing service)
- SVG, Stickers, Cliparts, Etc.
So if you’re able to create those kinds of items, you can start a store on Etsy and sell your products.
How To Create Digital Products?
Most digital products are related to graphics that can be created using any graphic designing tool. If you have minimalist graphic designing skills, you can easily create most digital products that can be sold on Etsy.
Just use your skills and creativity to make something mind-blowing that people like.
How To Start An Etsy Store?
To sell products on Etsy you have to start a store where all your products will be listed. So if people want to buy from you, they can easily find your store on Etsy.
Once you have created your digital products, then sign up for a seller account on Etsy. Fill out all the essential information and set up your store. Add your products to your Etsy store, set prices, keywords, descriptions, photos, and other related information about your digital items.
How much will it cost you?
The listing fee Etsy charge for every item is $0.20, you can 20 products and it will cost you only 4 dollars. Etsy also takes %5 from every sale you made as transaction fees. Although, it’s quite cheaper than many eCommerce platforms.
How To Make Money By Selling Digital Products On Etsy
After you set up your Etsy store it’s time to making money with your digital products. Here are a few things you should focus on for generating a good amount of income or profit from your Etsy store:
1. Build A Brand
Building a brand is a very important part of establishing a successful business. You have to put out yourself as a brand and create a fan base for your business. It helps you to grow your business, which is your Etsy store, and also helps to increase the trust flow for what you are selling.
So what can you do to build a brand?
The first thing you should do is creating a marketing strategy for building your brand. Teach people about your products, such as why should they buy your product, what is unique in your product, and how it can be useful to them.
Social media is a great place for doing such things. It helps you to reach out to a number of peoples. Social media platforms play a big role in building a brand. With the help of social networking sites, you can connect with people and educate them about your product. So being active on social media and share your content on a regular basis.
Also, do market research, know your potential audience, competition, and big brands. See what people are liking and whatnot, what your competitors and big brands are strategizing to achieve profitable results. So you can use those strategies in your marketing.
2. Drive Traffic On Your Etsy Store
Traffic is the most important thing in this business model, the more traffic you’ll have on your Etsy store, the more money you would make. There are servals ways to get traffic on your Etsy store, but the major ones are social media platforms, Etsy search, and paid advertisements.
#Social Media Platforms – These are great for driving instant traffic to your store. There are lots of social media platforms like Pinterest, Facebook, Twitter, Instagram, etc. But I highly recommend you to use Pinterest for driving traffic on your Etsy store. It has huge potential to drive a ton of traffic to any website. If you apply a few Pinterest marketing tactics for your store, it would be your number one traffic source.
#Etsy Search – If your store’s products rank on Etsy’s search results, it will be a great source of recurring traffic, but for that, you have optimized your products. Choose your keywords wisely, and make sure to write a description for every product.
#Paid Advertisements – You can also go for paid ads if you have a budget for that. There are several popular advertisement platforms like Google Ads, Facebook Ads, Bing Ads, etc., that you can use for advertising your digital products. Etsy also offers paid advertisements, and you can learn more about that by clicking here.
3. Get Sells & Reviews
Once you made a few sales, then ask your customers for a review of the product. It shows customer satisfaction and how good your customer service is. A few chunks of positive reviews can be helpful for influencing more people to buy the product. So make sure you give top-notch customer service to your buyers. And also, make sure your product fulfills the description of that product.
4. Make Money
Last but not least, make money with your digital products. If you apply the above-mentioned strategies for your Etsy store, then you’ll definitely make money with your Etsy store. So here is a quick recap for you focus on building your brand, drive traffic to your Etsy store, and get reviews for your products.
The above-featured article, How To Make Money By Selling Digital Products On Etsy, shows you how you can make money by selling digital products on Etsy. So if you’re interested in making money with Etsy, follow the given tips in this article. Hopefully, this article provides you better insights about selling digital items on Etsy. Please let me know in the comment section what you think about this article.
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