How to Make $50k/Year on Etsy: 5 Things You Didn’t Know

How to Make $50k/Year on Etsy: 5 Things You Didn’t Know Clapway

Just like Ebay or Amazon, Etsy is an online platform where people can sell their goods. There are countless reports of people starting up their own business and making thousands of the site. It has become so popular, that there are even books to buy on the subject of creating your very own business empire. You don’t have to be an expert either. To get you started, here are five simple steps you can take on becoming a self-starting business mogul.

1. USE ETSY TO SELL ITEMS YOU CREATE THROUGH A HOBBY

The beauty of this website is the simplicity. It’s all too easy to set up your own store to sell crafts online. If you’re into jewelry, you now have your own jewelry store. Are you a potter? Hence, you now have your own pottery outlet. If you make it, you can sell it.

2. USE ETSY TO SELL NICHE

While you may think you have a brilliant idea for a business, odds are that there are thousands, if not millions of others who have the same one. For that reason, it’s important to find your own niche. Furthermore, hobby related items that you know how to source cheaply will yield the most profit.

3. USE ETSY TO SELL SKILLS

Since you’ve spent all that time with on your hobby, it’s likely you’ve been up a certain set of skills. A set of skills that other person will actually pay for. It sounds crazy, doesn’t it? Well, it’s a reality. You can, in fact, sell your skills to other people on the web, and the pay can be quite good depending on your talents.

4. THINK OUTSIDE THE ETSY BOX

There are a wealth of other resources out there that will pay for your hobby. For example, Craigslist is a grat resource for promoting your skill. Do you like computers? Then put a listing on Craigslist to fix them. Like making clothes? Craigslist will make you a custom tailor.

5 GET THE ETSY BOOK

As mentioned earlier, there are books on the platform out there for your enjoyment and education. Even the most novice will be able to comprehend the easy-to-read instructions and be on their way to profit in no time.