selling on etsy part 1 of 5
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Selling on EtsyA look at the prospect of creating a business storefront on the Etsy marketplace
Table of Contents
Section Title PageWhat is Etsy? 3Selling on Etsy 10Shopping on Etsy 19Etsy Storefront 23Selling Costs & Fees 35Etsy SEO 39
The Steps 45Some SEO Tips 59
Tips for Earning Income 63Etsy Resources 76Alternatives to Etsy 84Apps for Etsy 91Works Cited 106
Image Source: Google Images
What is Etsy?
What is Etsy?
“Etsy is a marketplace where people around the world connect, both
online and offline, to make, sell and buy unique goods.”
What is Etsy?
It is an online buyer and seller community similar to eBay
Unlike eBay it focuses on hand-crafted and vintage goods
Sellers and buyers do not welcome resellers on Etsy
It is a people-powered exchange with person-to-person commerce
Sellers & buyers communicate and business directly with each other
It is like a farmer’s market for crafters
Image Source: Google Images
What is Etsy?
Its concept and focus is on creative niches
Products fall into the category of arts, crafts, jewelry, paper-goods, housewares, artisan candies, or baked goods
Vintage items must be at least 20-years old to qualify and can range from costumes, clothing, jewelry, photos and housewares
The Evolution of Etsy
2005: Etsy is founded by Rob Kalin, Chris Maguire, and Haim Schoppik in a Brooklyn apartment. The original
vision was to create an online platform for craftsmen to sell their
goods.
2007: Etsy has nearly 450,000 registered sellers who generate $26
million in annual sales.
2008: Chris Maguire and Haim Schoppik leave the company. Chad
Dickerson is hired as Etsy’s new Chief Technology Officer. This was the beginning of a major turning
point for the company.
Compiled by Author from Sources: builtinnyc.com Image Source: Google Images
The Evolution of Etsy
2009: Etsy acquired its first company, Adtuitive, which was an ad platform
that worked with publishers to provide marketing solutions for retailers.
2011: Dickerson replaced Kalin as CEO.
2012: Etsy announced that the company had become B Corporation certified. The company expand into international markets and acquired
Trunkt, an online wholesale marketplace that sold artisanal goods.
Compiled by Author from Sources: builtinnyc.com Image Source: Google Images
The Evolution of Etsy
2013: Etsy acquired Lascaux Co., a company that developed social
networking applications for mobile devices. The company decided to allow sellers to sell manufactured goods as
well as handmade items.
2014: Etsy hired Mike Grishaver as its senior vice president of product. Etsy also made two more acquisitions—a
creative technology marketplace, Grand St., and a French online marketplace, A
Little Market.
2015: Etsy went public on April 16. Etsy announced that it was launching a new
program called, Etsy Manufacturing. The service will connect sellers with pre-approved manufacturers to help them source production assistance.
Compiled by Author from Sources: builtinnyc.com Image Source: Google Images
Image Source: Google Images
Selling on Etsy
A look at the pros and cons of having an Etsy shop
Image Source: Google Images
Selling on Etsy
Etsy allows each seller to set-up a customized online "shop" with full ecommerce capabilities
It's easy, fast, affordable, and an effective way to reach consumers
There is a low entry cost and it is an effective way to reach new customers
Selling on Etsy
Etsy has lots of brand equity and recognition
Brings in lots of foot traffic for people looking to buy (and willing to pay for) handmade and vintage products
Use Etsy to generate traffic when starting a new ecommerce store until there is a large enough following
Consider Etsy fees as advertising fees
Being on Etsy its self is a form of advertising
Selling on Etsy
Etsy is an effective way to bring in new customers
These customers have the potential of becoming repeat customers and loyal followers
There still needs to be owner responsibility
Once Etsy has directed traffic to the store, owners still need to convert customers into followers
Image Source: Google Images
Advantages of Selling on Etsy
Creating an ecommerce store takes a lot of design and coding
A lost of resources would be needed to produce something that looks professional and works
Etsy listings also show up high in Google ranks
Etsy uses Google Product Listing Ads at no additional cost
Advantages of Selling on Etsy
Etsy makes buyer communication, listing updates, and stat checking simple
Item listings can be linked to Twitter, Pinterest, and Facebook
Etsy has the ability to offer coupons and discounts to all customers
It also makes it incredibly simple to sell digital products
Disadvantages of Selling on Etsy
All Etsy shops look the same
There is little opportunity to customize shops to build a unique identity
Etsy has a flawed and skewed search results
There is high competition for customers with over 1,000,000 sellers on the site
Image Source: Google Images
Disadvantages of Selling on Etsy
Even though they are technically not permitted, Etsy has become flooded with resellers
It’s difficult for most customers to distinguish between factory made and handmade
Since it is easy to set up shop and anyone can do it, Etsy is full of poorly made goods and items that are woefully underpriced
It has become difficult for customers to find the well-made, fairly priced items
Disadvantages of Selling on Etsy
It's very easy to get your shop shut down and almost impossible to fight the closure
Customers, other sellers, and even businesses can contact Etsy to report your for any number of things
There is very little email and phone support for sellers
Shopping on Etsy A look at the filters
customers use that will lead them to listings
Image Source: Google Images
Image Source: Google Images
Shopping on Etsy- Treasuries
Treasuries are curated selections of 16 items that individual Etsy members compile
Items are displayed like a mini gallery
They appear on a rotating basis on the front page of the site
Shop owners use it as a tool for showcasing style and networking with other shops
Compiled by Author from Sources: mysocialpig.com
Shopping on Etsy- Search Categories
• Results show only local products for sale based on locationShop Local
• Have a favorite crafter? You can search for any shop on the Etsy site
Shop Search
• Results show items that are segmented into Etsy’s categories and sub-categoriesCategories
Compiled by Author from Sources: mysocialpig.com
Shopping on Etsy- Search Categories
• Etsy allows you to limit the results based on the color of productsColors
• Etsy allows its users to search for other members of Etsy communities
People Search
• These are shopping galleries organized by members and can be sorted by ‘recent time’ or ‘hotness’Treasury
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Contact Us for the Full Presentation:
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Works Cited
Dancer, Adrienne. "What are the pros of selling on Etsy as opposed to private websites or other venues?" Quora, 4 Mar. 2015. Web. 15 Sept. 2016. <https://www.quora.com/What-are-the-pros-of-selling-on-Etsy-as-opposed-to-private-websites-or-other-venues>.
Etsy, Inc. "About Etsy." Etsy. Etsy, Inc., n.d. Web. 13 Sept. 2016. <https://www.etsy.com/about>. Foulks, Arianne. "Etsy Pros and Cons From Sellers." Aeolidia. N.p., 29 Apr. 2014. Web. 15 Sept. 2016.
<http://aeolidia.com/etsy-pros-and-cons/>. Glassenberg, Abby. "Why I Still Love Etsy." Whileshenaps.com. design by shay bocks, 21 Nov. 2014. Web.
15 Sept. 2016. <http://whileshenaps.com/2014/11/still-love-etsy.html>. Jones, Stephanie. "Can I Really Make Money on Etsy? - Earning on Etsy Series, Part 1." Six Figures Under.
N.p., 14 Feb. 2014. Web. 15 Sept. 2016. <http://www.sixfiguresunder.com/can-i-make-money-on-etsy/>. Kimble, Drew. "Is Etsy Dying?" Skinny Artist. Skinny Productions, n.d. Web. 13 Sept. 2016.
<http://skinnyartist.com/is-etsy-dying/> Lilyquist, Mindy. "What is Etsy, and Why Should I Sell There?" The Balance. N.p., 3 Sept. 2016. Web. 15
Sept. 2016. <https://www.thebalance.com/what-is-etsy-1794392>.
Works Cited
Majewski, Taylor. "A Brief History of Etsy on Its 10th Anniversary." Built In NYC. Built In, 5 Nov. 2015. Web. 13 Sept. 2016. <http://www.builtinnyc.com/2015/11/04/brief-history-etsy>
O'Donnell, Nanako. "Grow Your Etsy Shop with Treasuries! – Oh My! Handmade." Oh My! Handmade. N.p., 22 Apr. 2013. Web. 15 Sept. 2016. <http://ohmyhandmade.com/2013/entrepreneurship/grow-your-etsy-shop-with-treasuries/>.
Ratfink, Jessy. "How to Start Selling on Etsy." Instructables.com. Autodesk, Inc., n.d. Web. 15 Sept. 2016. <http://www.instructables.com/id/How-to-start-selling-on-Etsy/>.
Vats, Shashvat. "What Is Etsy? Why Should You Sell Here?" MySocialPig Blog. N.p., 17 June 2016. Web. 15 Sept. 2016. <http://mysocialpig.com/blog/what-is-etsy/>.