Easy Etsy side hustles

Easy Etsy Side Hustles: Quick Ways to Boost Your Income

Since running into a few financial problems for the first time around 15 years ago, I made a promise to myself to diversify my income and never be reliant on just one income source. I’ve recently started up an Etsy shop and I’ve been playing around with a few different products to see what sells and what doesn’t.  Etsy is an excellent platform to turn your passions into a side hustle. With a vast number of buyers looking for unique, handmade or vintage items, there has never been a better time to create and sell your own products or curate a collection of valuable items.

Before plunging into the world of Etsy side hustles, spend some time researching what products you would like to offer and how you can make them stand out from the competition. Once you have defined your niche, getting started on Etsy is a simple process that will open the door to potential profits and even a full-time business if you find the right level of success.

Key Takeaways

  • Choose a niche and unique products for your Etsy side hustle
  • Set up your Etsy shop, determine pricing, and focus on profitability
  • Use marketing strategies and customer engagement for business growth

Deciding What to Sell

Identifying Your Niche

Before jumping into the world of Etsy, you should first identify your niche. Focus on what you’re passionate about and consider your skills and interests. Your niche should align with your abilities while remaining unique. Think about creating custom handmade products that will stand out in the market. Your niche will be the foundation for your Etsy side hustle, so really spend time refining your ideas.

Popular Etsy Categories

Etsy is brimming with creativity, and there are many popular categories to explore. From bespoke jewellery to clothing, all the way to vintage finds and craft supplies, there’s something for everyone. Keep an eye on the following popular categories for inspiration:

  • Handmade Jewellery
  • Custom Clothing
  • Vintage Items
  • Wedding Decor
  • Paper Crafts
  • Party Decorations
  • Craft Supplies
  • Home Decor
  • Digital Products (this is my favourite at the moment – takes a little setting up but then it’s a passive way to make money)

In particular, handmade and custom products tend to be especially popular, as they’re unique and tailored to the individual.

Researching Market Demand

Understanding the market demand for your chosen product is essential. Browse Etsy and observe other sellers’ products and pricing, paying particular attention to customer reviews and comments. Research the best things to sell on Etsy within your niche/categories, focusing on products with a lot of sales and engagement.

Make sure you think about the competition and consider whether your unique touch can add more value to the market. Proper market research will help you figure out a pricing strategy and ultimately aid in the success of your Etsy side hustle.

Setting Up Your Etsy Shop

Creating an Account

To begin your Etsy side hustle journey, you’ll first need to create an account. Simply head to Etsy’s website and sign up for a free account using your email address, a password, your full name, and a unique username. Don’t forget to set your preferred language, as Etsy supports multiple languages and allows local shoppers to easily find your shop.

Once your account is created, it’s time to open your Etsy shop. You’ll be prompted to choose your shop’s name, which should be memorable and reflect your brand or the products you plan to sell.

Crafting Your Storefront

Now that you have your account set up, it’s time to design your storefront. Your storefront should be visually appealing and provide potential customers with essential information about your handmade items. Pay attention to the following elements:

  • Banner and logo: Choose or create eye-catching designs that represent your brand identity.
  • Shop announcement: Give visitors a brief intro or let them know about promotions or sales.
  • Shop policies: Clearly outline your shipping, returns, and payment policies to avoid potential disputes or misunderstandings.

Remember to keep your storefront’s theme consistent with your brand or products to create a cohesive shopping experience for your customers.

Listing Your Products

When listing your products, it’s important to be thorough and professional. Here are a few tips to create great product listings:

  1. High-quality photos: Capture multiple angles of your products, including close-ups to highlight details.
  2. Accurate title and description: Use keywords and relevant terms to create searchable titles, and write detailed descriptions of all aspects of your items.
  3. Pricing and shipping fees: Set a fair price for your item and factor in your listing fee. Also, be transparent about shipping fees, as customers appreciate clear pricing.
  4. Tags and categories: Use appropriate tags and categories to help shoppers find your items.

Pricing and Profitability

One of the most important things to think about is your pricing. You need to be competitive, particularly when you’re just starting out, but you also need to make sure your shop is profitable.

Understanding Etsy’s Fees

Etsy charges various fees for using their platform. Here’s a breakdown of the main fees you’ll encounter:

  • Listing Fee: £0.15 per item listed
  • Transaction Fee: 5% of the total item cost, including shipping
  • Payment Processing Fee: 4% + £0.20 of the total sale, including shipping, if using Etsy Payments

Example: If you sell an item for £10 with £5 for shipping, your total would be £15. The transaction fee would be 5% of £15, or £0.75. If using Etsy Payments, the payment processing fee would be 4% of £15 plus £0.20, or £0.80. Your total fees for this sale would be £1.70.

Calculating Cost and Profit Margin

To succeed in your Etsy side hustle, you need to understand your costs and how to calculate your profit margins. Here are the steps:

  1. Determine your costs: This includes materials, tools, packaging, and shipping. Think about all direct costs involved in creating and shipping your items.Example: £3 for materials, £1 for packaging, £5 for shipping = £9 total cost
  2. Calculate your selling price: Add your desired profit margin to your costs. It’s important to keep your prices competitive so that customers find value in your products.Example: £9 (total cost) + £6 (desired profit) = £15 selling price
  3. Calculate your profit margin: Your profit margin is the difference between your selling price and your costs (excluding fees). This is the money you’ll make for each sale, before fees.Example: £15 (selling price) – £9 (total cost) = £6 profit margin
  4. Account for Etsy fees: Subtract Etsy fees from your profit margin to determine how much money you can make from a sale.Example: £6 (profit margin) – £1.70 (fees) = £4.30 profit per sale

Marketing Your Etsy Products

When it comes to succeeding on Etsy, marketing is essential.

Utilising Etsy Ads

Etsy Ads is a powerful way to get your products in front of more shoppers. By bidding on keywords and setting a daily budget, you can ensure that your items appear at the top of relevant search results. Some tips for using Etsy Ads effectively include:

  • Researching popular and relevant keywords for your products. This will help you decide which keywords to bid on.
  • Monitoring your ad performance and adjusting your bids and budget accordingly.
  • Creating eye-catching images for your products to entice potential buyers.

Leveraging Social Media

Social media platforms like Facebook, Instagram, and Pinterest are fantastic avenues for promoting your Etsy side hustle. I’ve also found that TikTok has really come into its own recently. It’s a great place to share products and gain customers, particularly if you’re happy to create live content. Here are some strategies for leveraging social media effectively:

  • Create a consistent posting schedule: Share new product listings, updates, and behind-the-scenes peeks at your creative process.
  • Engage with your audience: Respond to comments and messages on your posts, and share other relevant content that your audience might be interested in.
  • Run promotions and giveaways: This can help build excitement around your products and incentivise people to follow your accounts and share your content.
  • Build an email list: Invite your social media followers to join your email list, and use it to send updates, promotions, and tailored content to your subscribers.

Mastering SEO

Search engine optimisation (SEO) can make a significant impact on your Etsy side hustle. SEO means tweaking your listings and shop to rank higher in Etsy search results.

  1. Keyword research: Identify relevant, high-traffic keywords that potential buyers are using to search for products like yours.
  2. Optimise your listings: Incorporate your chosen keywords in your product titles, descriptions, and tags.
  3. Customise your shop: Fill out your shop’s ‘About’ section and any other shop-specific details to make your store more searchable.
  4. Create quality backlinks: Share your listings on social media, blogs, and other relevant websites to increase your shop’s visibility on the internet.

Customer Engagement and Retention

Gathering Customer Reviews

Encouraging your customers to leave reviews is vital for your Etsy side hustle. Positive reviews improve your reputation and attract potential customers. Here are three ways to get customer reviews:

  1. Use Etsy’s built-in review system: Etsy automatically reminds buyers to leave reviews. Ensure that you’re providing excellent customer service to prompt them to give positive feedback.
  2. Include a personal note: Slip a handwritten note inside each package to add a personal touch. Thank your customers and kindly request a review.
  3. Follow up with a message: A few days after the item is delivered, message the buyer asking for their experience with your product and encourage them to leave a review if they’re happy with it.

By paying attention to customer reviews, you can spot areas requiring improvement and take action accordingly.

Managing Customer Service

When it comes to successful side hustles, delivering top-notch customer service is crucial.

Here are some quick tips for managing your customer service:

  • Be Responsive: Respond promptly to messages and queries from both potential and existing customers. Always maintain a polite and friendly tone.
  • Shipping: Offer multiple shipping options with transparent pricing and time frames, and keep customers updated on dispatch and delivery status.
  • Well-written Product Listing: Ensure that all listing information is clear, concise, and accurate. Clearly state product dimensions, materials, and any other relevant details.
  • Neat Packaging: Package your items carefully, ensuring they’re well-protected during transit. Include a thank-you note for a personalised touch.
  • Transparent Return Policy: Establish an easy-to-understand return policy that addresses potential issues while protecting your interests.

Remember, happy customers often become loyal customers and can help your Etsy side hustle grow!

Expanding Your Product Lines

Introducing New Products

One of the easiest ways to keep your Etsy side hustle fresh and growing is to introduce new products and expand your offerings. Listen to your customers’ feedback and think about current market trends. For example, if you’re a graphic designer who specialises in printables, why not branch out and create a line of gorgeous stickers to complement your existing designs?

Take advantage of your artistic skills by venturing into handmade goods and original artwork. Create unique items that showcase your talents, whether it’s knitting, painting, or embroidery. Just remember to keep your product range cohesive and appealing to your target audience.

Exploring Print-On-Demand

If you’re looking to further expand your offerings without increasing your workload significantly, consider print-on-demand services such as Printify. Print-on-demand allows you to create products with your designs without having to hold any stock, perfect for artists who want to monetise their work.

To get started, select products that fit well with your brand and design style. Here’s a list of potential products suitable for print-on-demand:

  • T-shirts
  • Hoodies
  • Posters
  • Mugs
  • Phone cases

Once you’ve got your designs ready, using a tool like Canva for easy design creation and editing, integrate your Etsy store with a print-on-demand provider like Printify. They will handle manufacturing and shipping, making it a hassle-free way to grow your Etsy store.

Don’t forget to look out for unique vintage items you can add to your shop, too. With Etsy being a hub for vintage and collectable goodies, curating an interesting collection of one-of-a-kind items can set you apart from other sellers.

Running Your Etsy Business

Handling Logistics

When running your Etsy business, it’s essential to organise your logistics properly. You’ll need to manage inventory, shipping, and customer service to keep your small business running smoothly.

  • Inventory: Keep track of your stock levels and reorder items when needed. This way, you can avoid running out of popular items that make money for your online store.
  • Shipping: Choose reliable shipping partners and offer various delivery options to cater to different customer preferences. You may also consider offering free shipping for orders above a certain threshold to encourage more sales.
  • Customer service: Provide prompt and friendly responses to customer inquiries. A satisfied customer will likely return to your store and recommend your products to their friends and family.

Financial Things to Think About

Running a small business on Etsy also requires handling financial matters. Here are a few things to consider when managing your finances:

  1. Bank account: Open a separate bank account for your Etsy business, making it easier to track revenue and expenses.
  2. Sales and expenses: Keep a detailed record of all your sales transactions and the costs associated with running your online store, such as payment processing fees, shipping costs, and materials.
  3. Taxes: Familiarise yourself with the tax requirements for small businesses in your area. This will help you avoid any financial or legal issues.

Creating Passive Income Streams

To increase your revenue on Etsy, consider creating passive income streams alongside your existing products. Passive income is money earned with minimal effort, allowing you to focus on other aspects of your business or simply enjoy more free time. Here are some ideas for creating passive income on Etsy:

  • Digital products: Design and sell digital products such as printables or templates. These items require no physical inventory or shipping, making them an attractive option for generating passive income.
  • Affiliate marketing: Partner with other small businesses on Etsy and promote their products in exchange for a commission on any referred sales.
  • Courses and tutorials: Share your expertise by creating and selling online courses or tutorials related to your niche.

Promotional Techniques

Crafting Engaging Product Descriptions

The key to successful Etsy sales starts with engaging product descriptions. To do this, you could:

  • Write short, but informative headlines.
  • Include the essential details such as dimensions, materials, colours, and specifications.
  • Explain how your items can benefit the buyer or solve a problem they may have.

Use italic and bold formatting to highlight essential points. Creating bullet-point lists can help break down information for easy reading. For example:

  • Ideal gift for birthdays and anniversaries.
  • Handcrafted with eco-friendly materials.
  • Available in 3 different sizes.

Remember to be honest about your product and avoid exaggerated claims.

Optimising Product Photography

It’s a well-known fact: good photos sell on Etsy. When taking product photos, you can:

  1. Utilise natural light to showcase colours and textures faithfully.
  2. Shoot from multiple angles to highlight various aspects of the product.
  3. Capture the product in use or in context, showing buyers how it fits into their lives.

Think abouyt incorporating the use of videos for a more interactive display of your products. You could create a short demonstration or share the creative process on a YouTube channel to add a personal touch.

Let’s quickly review advertising opportunities. Etsy offers promotional options for sellers, such as Etsy Ads, which push your products higher in search results. Take time to research advertising options that suit your budget and align with your target audience. For example, promote your products on social media platforms like Instagram or Pinterest to reach a wider audience.

Frequently Asked Questions

What are the best digital products to sell on Etsy for a side income?

There are several digital products that can generate a nice side income on Etsy. Some popular options include printable wall art, wedding and party invitations, digital planners and calendars, printable stickers and labels, and graphic templates. These items not only have a broad appeal, but they’re also easy to create and maintain stock of, which makes them an ideal choice for a side hustle.

How do you start a low-effort printables business on Etsy?

Starting a printables business on Etsy is quite simple! First, identify the types of printables you want to create. Then, design your products using graphic design tools such as Canva or Adobe Creative Suite. Next, set up your Etsy shop, and list your printables with eye-catching photos and engaging descriptions. Promote your shop using social media and consider investing in Etsy sponsored ads. You’ll need to provide excellent customer service and gather positive reviews to build your business, but the low effort and up-front costs make it an ideal side hustle.

Which homemade crafts offer the highest profit margin on Etsy?

High-profit-margin crafts on Etsy typically have low material costs, minimal shipping expenses, and high value to customers. Examples include customised jewellery, personalised home decor, handmade soaps, and unique kitchenware items. To maximise your profits, research your target market, choose in-demand products, and source materials at affordable prices.

Can you realistically pull in an extra £1000 per month with an Etsy shop?

It’s possible to earn £1000 per month with an Etsy shop, but it will take dedication and hard work. You’ll need to create in-demand products, optimise your listings for search, provide excellent customer service, and promote your shop consistently. With these strategies in place, patience and persistence are key to reaching your financial goals.

Is it possible to run a successful Etsy shop as a side hustle from home?

Yes, running an Etsy shop as a side hustle from home is entirely possible. Many sellers start their shops part-time and eventually transition to full-time businesses. The key to success is to stay organised, manage your time effectively, and provide great customer service.

Is it easy to make money with Printify on Etsy?

Printify, a print-on-demand service, can be an excellent way to make money on Etsy, especially if you’re looking for a relatively hands-off side hustle. With Printify, you create your designs and choose from their product range (i.e., T-shirts, mugs, phone cases, etc.), and they handle the production and shipping. To make money with Printify on Etsy, you’ll need to create attractive designs, market your products effectively, and optimize your listings. While there’s some initial time investment in setting up your shop, the hands-off nature of print-on-demand services makes it an appealing option for many side hustlers.

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