do not open an Etsy shop until you watch this video in today's video I'm going to give you the four things that you need to know before you start on Etsy maybe you've been thinking about starting your own business for a while you've been looking at all the different options for making money online and you've landed on Etsy great now as someone who has done seven figures in profit on Etsy and who has a corporate e-commerce background I want to lay out some key things before you get started to save you months or years of
time wasted myself and my team we have coached thousands of etsy sellers over the last 15 months with their Etsy shops so we have seen the same mistakes being repeated over and over again and today I'm going to give you four tips so that you don't have the same struggles and before we get into it leave a comment below if you would like help deciding what to sell in your Etsy Shop whether you have a shop already or if you are a new shop just leave a comment below saying Help Me decide what to sell
simple enough number one I need to say this right now is that Etsy is not a get rich quick scheme this is not day trading this is not crypto this is absolutely not passive okay so please do not watch all these Etsy YouTube videos that say you can make $10,000 a month if you sell this product and then actually think you can make 10,000 a month if you just copy that product that is so far from the truth and I do recommend not even watching those videos because it does create this illusion of x +
y = z when it's really not that simple Etsy takes hard work and consistent at the same time and while it's not a get-rich quick thing it shouldn't take you 6 months to start to see sales so if you are hearing know it takes 6 months to ever get traction on Etsy that is also far from the truth with Etsy specifically with print on demand and digital because those are about half of the Etsy sellers that we help it is much more active on the front end so that it can then become passive on the
back end so starting an Etsy shop it's kind of like pushing a truck out of the mud you could walk out there and try to figure out how to get it out yourself right or you could walk out there with proven strategies and tools to get you out much faster so it's not get-rich quick and it also doesn't take 6 months but you really do benefit from a proven game plan all right the next thing to consider if you are thinking about starting on Etsy is to not choose one product instead I recommend choosing seven
to 10 products I've seen some people start a shop with like all t-shirts they get into the groove they're like cranking out these t-shirts they end up with like 100 or 200 listings of t-shirts and then we look at it and we're like What on earth happened here it's like t-shirt EXP expion and they're like well I just kept on going but that strategy is not going to help you you really need different listings with different purposes so I recommend do not focus your shop on one product and definitely don't start your shop with one
product I have this framework it's called the seven types of products to have in your shop and it's really about having different listings with different purposes the whole idea is that we are going to scale order number in Revenue at the same time because some of those listings their only purpose is to drive up your order number I.E a loss leader and some of the listings you know they're really meant to scale your Revenue so you need a combination of both and it's really the idea of having a dynamic product mix so do not start
with one product choose 7 to 10 number three this is if you are doing print on demand or digital buy your designs first and this is for people who do not have a background in graphic design if that is you I do not recommend starting out making your own designs sure it might be really fun and a creative outlet and a lot of people say I've never gotten to do it anything like this before you know it's so fun I really enjoy it I love getting in canva and making my own designs just because you're
having fun with it doesn't mean that you're good at it okay so this is the point where we want to decide are we doing Etsy for fun or are we trying to make money the thing is if you start out doing it for fun and you're not making any money probably not going to do it very long just because of how hard it is but on the other hand if you start out trying to make money it becomes more fun as you make more money if you are really determined to learn the graphic design part
feel free to do that but I don't recommend starting with your own designs first because you want to put your best foot forward when you launch your shop and usually your best foot forward isn't going to be the first 10 things you made in canva all right the fourth thing that I've got to say here is that Etsy is not saturated and I'm going to show you how to navigate this saturation myth what Etsy is saturated with is a lot of noise and the noise I'm talking about is the garbage that flooded the marketplace once
people were home and they thought oh I'm going to try to make money online they threw up a couple hundred listings you know they were sold on this getrich quick passive income thing they thought oh I can make money from home and a lot of people tried it in a half-baked kind of way and those listings are often times still out there right there's tons of shops with hundreds or thousands of listings and less than 100 sales so those people have you know since moved on right they're not focused on Etsy anymore but those listings
are often times still living out there so there is a I would say a saturation of bad listing but when you look for like the cream of the crop right the fully optimized listings the percentage of those people in those listings has stayed the same or potentially even decreased a little bit and I think what happens even now is that a lot of people pull out these tips and tricks from these random Youtube videos and it's five different people's strategies piece meal together and their shop ends up being this very kind of inconsistent disjointed strategy
so those listings are kind of creating noise and distraction around the good listings but realistically they don't have a legitimate chance in terms of real competition that you should be worried about I wouldn't be too worried like I have students with brand new shops that make $1,500 or more in their first month so there is a lot of room to still get in the game here and if you're wondering oh is this category too saturated is this Niche too saturated is this product too saturated I have this really cool opportunity checklist I call it the
10-step opportunity checklist and it's basically 10 question that I would run your ideas through it's pretty much the exact conversation I'd have with you if you said Dylan should I sell this thing on Etsy and it gives you total Clarity on if that thing is worth your time if you're interested in the checklist just leave a comment below and say checklist all right I hope you enjoyed the video and if you are interested in real e-commerce strategy applied to Etsy definitely subscribe because we put out new videos every week all right we'll see you guys
in the next one I've gone from about $1,500 to $2,000 in Revenue a month to currently before the month's finished $4,200 in Revenue I only joined multi6 figure um Etsy blueprint about 4 weeks ago now
