The Realities Learned About Running An Etsy Business After 1,700 Sales
When I started designing metal furniture in 2004, I had no idea it would become my passion and my full time job.
Running your own business will open your eyes to a ton of things. Here are a few of the things I have learned in the past 3 years of selling on Etsy. Oh, and a few other bits of useful info!
*Your passion is your passion: I have learned that not everyone will like what you make. I have sold my metal online, in galleries, art shows, and even in my own brick and mortar shop. Let me tell you, not everyone gets what I do. I’ve had people walk up to me and ask “What is that?!” or “You are asking that price for that?”. It took me months before a gallery would take my work. But I pressed on and believed in what I was making.
*Etsy is not magic: Well, almost not magic! You need to wipe this from your mind: “If I open up a shop on Etsy the sales will start pouring in”. I must say that Etsy has changed my life and can certainly change yours, but there is no magic to Etsy, which means there is hard work that has to be done to achieve your goals.
*Hard Work: Ask my wife, family, and friends if I work hard. I have been non-stop for the past 3 years. I work long hours and don’t get enough sleep… but I love what I do and that makes all the difference in the world. I am my own boss and nothing can compare to that!
*Always Improving your Product: You need to, on a consistent basis, be improving in all aspects of your business. But as I mentioned in an earlier thread, Product is King : You need to constantly improve your product! It comes first!
*Product Photography: Your pictures can make or break a sale. They are the first thing a buyer sees when they enter your shop. Improve….Improve…Improve!
Product Photography is Priority #1
*SEO is SOOOO important: As tough as it may be to understand, SEO is vital to being seen on Google. Grasping this concept and implementing it will have the greatest and most long-lasting effect on your shop.
*Social Media Marketing: Connecting with your buyers through social media should be high on your priority list. We are living in the social media age and harnessing the power of sites like Twitter, Facebook, and even blogs will help your Etsy business grow. Social media is more than posting links for your stuff on a page where you hope the few people that follow or fan you will read and comment. You have to interact with the people that take the time to follow, friend or fan you. People do listen if you create conversations about topics that your fans are interested in. Make your social sites interesting for your fans by posting helpful info, articles, finds, links, photos…you name it. Just like everything else I have been saying … this takes time. NOTHING about social media is magical or instant, despite what others say.
Whether you are on the phone selling ad space or in a phone book, using an email list to sell programs, or using social media to market your Etsy shop, you have to build relationships.
Awesome post in the Etsy Storque about effectively using social media.
My entire Etsy story…with video!!
Here are few more realities covered by Lisa LeBlanc, a writer for Handmade Spark. She hit some pretty real topics that hit home for me!
*Sacrifice is one of those “make you” or “break you” things that I do not think independent business owners get enough credit for. Are you strong enough to turn off your cable to afford supplies for a craft show? Are you willing to explain to your daughter the family vacation has to be postponed? Are you willing to dip into your savings or 401K because you believe in what you are doing? All of these are real questions that either I or my vendors have asked…their answers have differed between yes and no based on what they could sacrifice and yes, their businesses were affected to a degree each time.
*Start the ground rules early in your business; I need structure, so I have a defined workday. Sometimes I have to further define my time, i.e. e-mail/social media during this time…creating new inventory during that time, etc. The better habits you develop now the better off you will be when things really take off.
*Try to get a handle on paperwork early on; I am still totally deficient in this area of my life and it is a nightmare for my accountant and I during tax time. Recognizing that my time could be SO much better spent than sorting through piles of paper months later, I am vowing to get better with this…see, it is in black and white now, so I have to!
*Lastly, make sure your family understands that, though you are self-employed, you are working! This can be tricky but if you can better define your work period, let family and friends know that you would appreciate them contacting you before or after that time to catch up. I was getting constant interruptions and having a business open to the public, it was taking away time from my customers. I probably could have been more tactful with my loved ones at the time but I made it clear that my time is money that keeps my business (and dream) viable.
What realities have you come to while selling here on Etsy?
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http://metalrocks.etsy.com Sharon D. – MetalRocks
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http://www.allybu.com Ally
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http://smellyrhino.etsy.com Rebecca Salcedo
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http://katdesignsnyc.etsy.com Kathy Lorenzo
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http://wendyhumphreys.etsy.com wendy humphreys
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http://www.etsy.com/shop/StargazerStudios Karen Shaw Suriner
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http://whatthecraft.com Alexis
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http://www.lindabutterfly.etsy.com linda
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http://www.lindabutterfly.etsy.com linda
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Tim Adam
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http://twitter.com/JLynnPro @JLynnPro
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http://intensedebate.com/profiles/jacq1013 jacqm
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Patty
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http://www.growingupjewish.com Ruth Shapiro
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Anabolic Supplements
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http://www.katndrewcards.ca Drew




