9 Etsy Shop Ideas That Can Make More Than Your Job
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- Опубликовано: 21 сен 2024
- In this video, I go through 9 highly lucrative Etsy shop ideas/niches that have the potential to make more than your job.
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The 9 Etsy Shop Ideas:
1. 3D Printed Cookie Cutters
2. Resume Templates
3. Bridesmaid & Groomsmen Boxes
4. Pet Portrait Prints
5. Gender Reveal Decorations
6. Instagram Highlight Covers
7. Map Prints
8. Nursery Decor
~9
Bonus one was : Embroidery kits
Now if I could just get someone to send me a great 3D printing idea that is original, and send it personally, without sharing it online, lol
@@courtlandstavley6178 nnnnn,,,,,,,,,,,,,,,,,n,n,,,,?m,
¹1
I purchased cookie cutters and spent wayy, way too much money. I got them and was shocked they were 3D plastic. A few didnt work very well but if I made thin cookie it was alright. Again they were quite a bit in hind sight. I only used them once and had them for long time....personally they made a lot of money off me. ha ha
You’re the first Etsy RUclipsr I’ve found that talks about barrier to entry. My son is an economist and he says if the barrier to entry to too low the business is on a trajectory to fail, the lower the barrier, the sooner it will fail. This is so important to understand at the beginning before an entrepreneur makes their first move
Not the business is going to fail but the weakest elements of it. These will for sure and very quickly. They actually fall each month. It's easy to start - easy to end with debt (or at least lost time) business. You must start hard to stay here.
Care to explain more?
@@souravsingh48 if the barrier is low the competition will grow at a pace that will be too difficult to keep up with. It is a good thing when a business model has startup costs and/or requires special education because it keeps the competition from taking over. This is especially important since we now have a global economy due to the internet. When starting a digital download shop (as an example) you have the entire world as your competition - anyone can create a digital download from anywhere. When you sell something physical, it’s more work but now only others in the US are your competitors. Anyway, I’ve come to see barriers as good things in business- you want to go with a business model that isn’t easy to start or run for long term success
@@beagrateful431 This is why it is important to build brands not just a business. People will pay more, sometimes a premium, for your products and services when they align with your story and message. Even if the quality is the same as "competitors".
@@servandosanchez780 yes, exactly
Just a small technicality: if startup cost is low, it should get a *higher* star rating 😅 Same with skills required: low skill required = higher star rating
I thought I was the only one that noticed the inverted rating system for the top two, but I watched and listened carefully and got the gist of what he was trying to say. Great video, nonetheless! Ty for mentioning this, thought I was goin crazy lolol
@@TheRagingUnprofessional But then I thought: if costs and skills required are low, then more ppl would do it = more competition, harder to distinguish yourself = actually a bad thing! But agreed, we all get the gist of what he’s trying to say 😅
This skills rating I have no idea which way it's going lol
This was driving me crazy
@@TheRagingUnprofessional Yes, we are all conditioned to see 5 stars as the best and 1 star as the worst. It would be better if the chart was labeled if done in reverse like that.
Hey just wanted to fill in here. I make candles and will soon move on to soap among other things.
To fill in costs to get started, there's testing involved, which can take some time to get the hang of. Between filing for my LLC and Trademark, that was a cost of $500 combined, plus another $500-$1000 for materials to make the products. Not to deter anyone, but it definitely costs way more than people let on.
By far, not passive, I make all of the design work on Photoshop. I use Avery label to make the tampletes for printing labels and can either print them on sticker paper at home or have the company print and mail.
I came here to say this. As a candle/ bath bomb maker, it takes MONTHS to perfect your formulas and costs into the thousands to really get products going. Best of luck for growth in your business! 😊
@@ThisHomemakingMama Yes, thank you for mentioning. It took me about 6 months to get it down and when I look back on cost... It was realistically more around $3000 for everything.
In short.. NOT cheap and VERY time consuming. For anyone reading.
Thank you so much and I wish you the best of luck in your business also!
Totally, it's a lot more expensive than I thought it would be (just candles here) and I've been working on wicking for over a year now. 🤣
I have a soap and candle company.I learned both crafts by my mother who made soaps and candles my entire life! I used to spend my summers helping her. I established my company back in 2001 when my mother handed me her recipe books. I feel so blessed. I have an Etsy,a Shopify and an Amazon hand crafted account. I do A LOT of events and marketplaces to get my name out there, & that does help to drive traffic to each site. 👍😁 publicly
Do you make all of the soaps and candles yourself or do you have employees?
@@beachlife4704 its a family affair. My two daughters assist in the business. having their help is a blessing.
@@dianaearich6523 Very cool.
very cool vid! One minor suggestion is that you might want to reverse how you did the stars. That would be more intuitive to me at least (i.e. 5 stars means it's easy and everyone can try, 1 star means big barrier to entry)
You have to think about being business consultant, you have a pretty way of convincing people, and you attract their attention to hear you... 👏
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I do handmade soaps and candles and it's really not that expensive. Moral to the story is you want your candles to smell extremely well you may have to put a dab more of scent into it. As for the soap you want to make sure that it's good quality soap. It's always nice to throw in something that is a form of an exfoliator and one or more that is something that will moisturize your skin as well. It really doesn't cost that much and all it takes is about 4 months to become somewhat of an expert. It takes time and patience and if you take your time and pay attention to all that you're doing I can promise you you will prevail and your money will be coming in. Beware there is a lot of competition out there so don't be stingy when it comes to doing the very best you can because after all you want to be the best out there don't you?
Wtf.. My soap has only one purpose and that is to make me clean.
Like your videos especially the one on Etsy shops vs expectations. Although our shop has cut back about 25% from last year we still are fans of selling on Etsy yet we do realize that fees start to add up. As one of the original shops that sold Stickers before the big explosion clearing 3 to 400,000 a year we replicated a brand new shop not having any entry on the Etsy market about six months ago and was able to bring the sales to about 20% of where we are now within six months. It takes a lot of patience but I think your videos are extremely well done and directly to the point
Derek! Huge fan of the channel! I picked up my Roland + Graphtec after watching a ton of your videos so thanks for that! Sounds like you're still pulling in some really amazing numbers. But yeah from what I've been hearing, a lot of shops have been cut back from last year. I think it just goes with what's happening with the economy right now.
@@TimKoa that’s so funny because I think I have watched almost all your videos i think 🤣 Great content clean and packed with knowledge.
@@TimKoa hello do you have ideals where to find clients as an artist that can draw ✍️?
@@MichealtravelThere are lots of ways to market yourself, but first you have to know who your potential clients would be based on what kind of drawing you do. If you haven't already, maybe try putting together a few videos of yourself drawing and post them everywhere to get an idea of the demographics from the comments you get. When I was first starting out, most of my clients were friends & family and I built my portfolio from there. Learn how to brand yourself...google and learn everything you can about creating a brand and I wish you the best of luck!
I'm really curious how shops are able to make money with Amazon selling 100-piece sticker pack for $8
This is a good informative video. As someone else says further down on the comments, Part 2 needs to be how to promote and advertise these shops effectively
Can you talk about advertising costs? Because I'm pretty sure these shops don't become visible and popular just by creating them and putting them out there, that's generally not how online commerce works! The market, no matter which one you enter, is saturated and finding a way to stand out and/or tweak the algorithm is a MUST. What did you do to get seen and how much did you spend?.
There is no way anyone is making genuine custom pet art with that many sales unless they have a massive team of artists. It's most likely some automatic conversion process that takes the photograph to make the art.
its an image trace on adobe illustrator, its quite quick.
@@y2a774 so not art then … tracing lol
art is subjective so yes its art. doesn't matter if it's tracing or just coloring in something. art has a wide spectrum
@@y2a774 also you can use Photoshop to make photos to look like they're real paintings
Jordan Shaffer Once you've streamlined your process, it's actually quite easy and simple to churn out pretty high quality portraits in 30 minutes to an hour of work. Sure, as a beginner a portrait is gonna take hours and the quality is gonna suck. It's about practice, then refining it to speed up. Not that unbelievable.
Most of the nursery stuff can be made on a cricut machine.... i paid 150 quid for my machine from local ad , to see if i could master it before buying brand new... it can be used to cut things out, write in caligraphy ... add ons include mug press and t shirt press.... cricut fab for starter hustles
I'm curious if you use other social media to drive your sales to your etsy shop. I've seen small etsy businesses blow up overnight on TikTok. Even just doing order packing videos might gain additional traffic. Just a thought.
But thank you for this video; I stalk youtube waiting for your content because I find it so valuable and inspiring. Thank you!
You have inspired me so much! Thank you for blowing the cap off of my limited way of thinking of going about business, money and possibility! Thank you!
I had no idea embroidery kits were that popular! I started an embroidery shop on Etsy but the turn around time took me too long. I wonder if I should start selling kits 🤔 thanks for the video!
something i think to keep in mind with 3d printing i think is also just the amount of time it takes to print something, it can take several hours to print something small which isnt as big a deal given you dont have to do much while its printing but its not as easily scalable as other businesses, like you'd have to get a whole extra printer just to make 1 extra unit at a time
not exactly true, as long as the object you're printing is smaller than the surface you're printing on, you can absolutely print more than one. you don't make an entire sheet of cookie dough just to cut out one cookie, and it's similar with 3d printing. once you've got the object modeled in software, you can tell your printer to print more than one at a time next to each other. It still takes longer than printing one, but you reduce the amount of time setting up and removing the object in between prints.
Just subscribed. I like your straight-to-the-point presentation, cool, calm, and collected demeanor, and your knowledge. You obviously do your research and share information in a relatable way. Thanks so much! Look forward to using this info and see what I can do on Etsy.
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“The pessimist sees difficulty in every opportunity. The optimist sees opportunity in every difficulty." - Winston Churchill $$
You fail to recognize just how SLOW 3D printers are. A shop making anything in any numbers requires a printer farm.
Depends on the technology. I've been in Additive Manufacturing (3d Printing on the manufacturing scale) for over a decade. 3D printing has many very different technologies such as FDM (the most common form that you see for most desktop/home printers), SLA, DLP, SLS, MJF, Polyjet and more. For example, for small custom parts like a cookie cutter, a DLP machine could print in about 30 minutes (giving 10-15 minutes to prep the build plus 15 minutes to actually build). That's the least efficient way by only printing a one off by itself. Cluster a few different ones together and run at once and you can get a lot off 1 machine in a day. They aren't the cheapest machines yet as it is one of the newer techs, but that will change rapidly. It's just an example of how 3D printing isn't always SLOW :)
"I've always had a problem finding exactly what i like to do in life" Oh yeah this guy is me
I relate, too! When you have multiple interests and/or multiple skills, it can be a challenge to narrow down what you want!
3D printing food safe products require more work than just printing them. Regardless of the plastic 3D printing leaves a lot of tiny layers sand voids for bacteria to grow so you'll have to coat the print with something like polyurethane or shellac. Shellac needs to be reapplied later on since it'll wear off. Polyurethane, once fully cured, is food safe and will last a very long time.
I like how you maintain the smile and sell Etsy to us all!!
Tim, I want to say you are such an inspiration! I've started watching your videos since you started uploading and I get a lot of encouragement from your videos and yet I still haven't started my shop haha I'll keep planning and going to your videos for a boost up! Thank you for another great video!
Good ideas, but as an embroiderer myself I had to laugh at your suggestion. It takes hours just to do a small embroidery project like those. Let alone the design aspect and translating a physical design to digital. And that is for someone like me that has been doing embroidery since I was a kid! Wouldn’t recommend it as a quick and easy income stream lol.
Love the video❤️ I just started my print-on-demand journey and found Crafted Threads. They have a ton of designs and it saved me so much time. They have something in every niche. And lifetime updates too!!
I like that you’re being so transparent, so I thought I’d share two business ideas I know of via friends that I’ve never seen anyone share:
- bachelorette / bachelor party decor: my friends sister made around 300-500k in her first and second year selling things like p*nis straws and other adult themes silly decorations for bachelorette parties. She buys her things from overseas in bulk and sells them in individual boxes or by individual items... she started at home and the hardest part she says is shipping everything on time... but after she got it down and so many people ordered her stuff (really basic stuff but she’s even had celebs order online) her husbands quit his job and they kee outgrown my the business warehouses they buy. It’s crazy!
Baby/kids birthday cards digital templates/ my sister will get a theme in mind fir a birthday (unicorn or dinosaurs for example) and buy a template online where she can just click and update her address and kids name and print them locally at a store on nicer paper or even just at home. They’re like $3 a template and digital and easy to use but those people have like 5,000+ reviews on each birthday card design and have 30+... that’s a lot of passive income!
It’s obviously easier said than done, I’m currently in need of money and watching this video so it just goes to show things are never really as passive as they seen, it takes a lot of time and research and organization and skill to get all pieces of the puzzle together to do these things and no easy feat
I just found your channel, few things.
Your energy on these videos is on point, not too much, not too little. Also you are super detailed and very informative. I'm learning a ton and I'm sharing with some of the young people in my life that are at a point where they don't know what to do with themselves. This type of lifestyle gives people an opportunity to think outside the box and do something different, whether it's as a full-time or a part-time. Thank you for sharing your research and knowledge, and keep up the good work.
I like the way that you rate everything business model on three different category. It really is very practical and easy to understand
Amazing how much revenue these shops can make, very inspiring 🙏🏻
I am making coloring pages and sold a few coloring books on Amazon KDP, but I also am now trying to put up more coloring pages on my Etsy shop as well. 😊 No sales yet but I am hopeful.
A great alternative to photoshop and illustrator is Affinity Photo and Affinity Designer.
Loved this video ! One thing you said about always learning and things might be easier than you think sometimes....like the pet portraits. I have dabbled in it a little. I have used Photoshop for years (self taught) and you really dont even have to draw these pet portraits. Learning skills on photoshop is amazing watching tutorials on RUclips ! Great video man! I have the problem of always trying new things and not picking one and just going for it ! I just need to jump ! Haha Because one thing I have in my head might not work out but I wont know unless I try and then maybe try something else :)
your star rating system is hard to understand
You're one of the most genuine youtubers I've seen! I can tell if someone is randomly giving out etsy advice just for attention/money, but you seem to really care about your audience and giving out helpful advice. Thanks Tim
Nice try with yourvOWN bot!
Great stuff. I especially like how you have a realistic rating system for difficulty bs the standard click-bait approach of "how to make millions on Etsy in your sleep".
Thank you for the work you put into this.
Another great video Tim! Staying curious and finding inspiration from unlikely sources are great practices for entrepreneurs! I really enjoyed the way you breakdown each option! I have definitely had ideas that are just not practical to pursue- gotta balance the excitement with realism😄
Love the relatability factor that you plug out in the first minute.
wow that was one of the best vids ive seen, i normally get bored with watching these, well done sir, ive got to a 100 sales but its stayed like that for the last year, so i would love to see your advice on refreshing a shop to get more sales again
Very good video! I love how you show the breakdown of each niche! ✌️
hey, you are rly cool and the last, you having fun with try stuff out and improve urself and getting better and better is like a hobby. my heart felt warm hearing this :D
J.P. Getty said to become wealthy, sell something that people consume, use up, wear out, and must buy again. The example he gave was toilet paper, even though he was in the gas and oil business. Most of these Etsy ideas are a one-time purchase. You buy the cookie cutter once and use it for 10 years. Maybe you’d use the résumé every time you changed jobs, so once every 3-5 years.
I have a friend who made those fizzy bath bombs, but found most people don’t take baths as much as showers, so she switched to making shower related products. Her business got much stronger after the changeover.
For the laser cutter, many libraries have the machines and will teach you how to operate and maintain them.
Wow you popped up on my feeds and you're really inspiring to watch! Have subscribed! Really love how you broke all these 9 niches down and how possible it is to start an Etsy shop. I'm a beginner seller on Amazon and really enjoying what other possibilities there are on the internet to make passive income. Have watched your other videos about how you started your sticker business and what you make on youtube etc and will keep watching. Thank you so much for sharing your knowledge! I'm really grateful for people like you! 😊
@🆆hatsapp me 𖧷⓷⓷⓻⓹⓵⓵⓸⓷⓶⓼⓻ sorry I'm abit confused. Do you mean ask for Jim using this what's app etc?
So glad I've found u! I'm planning to start my etsy shop and these are the most helpful videos I've seen
I'd love to see your takes on sometging another than buisness just because of your geniuine vibe ♥️ much love and blessings 2 u
What a video bro! Can't thank you enough! Thank you so much you made life so much easier!
Such a wealth of information so well-presented. You are a very engaging speaker and so upbeat. I think I’ll give my Etsy shop a revamp and a second chance. Thanks for the inspiration, Tim!
i am 14 years old and i asked my parents to open etsy store with their name and they said ok and it is my first day i have sold 15.99$ i am sure i will make more money if i watch this video
I made same mistake when I was younger open it in your name, now my Etsy shop is averaging more income than my dad so we had arguments about who deserves the money
3-d printing isn't as passive as it sounds. You have to tend to them as they run.
Mine unfortunately requires skill, creativity and hard work. I make solid wood flower presses. I love it thou
So cool you found something you love!
I am considering opening an Etsy shop…but after looking at all the Etsy deductions, then the taxes and any cost of tool-related consumables like blades, etc…it seems to me that having to make a single physical item every time is a financial failure waiting to happen unless you can charge more than $50 and take less than 20 min to make one. Volume in production is the only way to succeed, ie, you start your laser cutter and let it process parts for 10 items at a time while you work on something else nearby the machine so you can still monitor it in progress.
LOL I love how he couldn’t keep a straight face when talking about the Instagram covers. People want it so it’s a business loll Shiet! I didn’t even know you could change icons on your tablet! This opened up a whole new world for me!
Never thought to sell graphics for social media, that’s super smart! The maps are cool too, makes me wanna design stuff for specific states now.
Well, as of now.. That first Etsy cookie cutter shop has over 100k sales! So, they make even more now. And the 3D modeling isn't as hard as people think. As long as you have the image, you can make it in less than 2 minutes!
Damn you are such a nice human being. Love you ❤🎉
Much respect, your Ali Abdaal thumbnail game is on point.
Just curious, are u still holding on your full time job?
I really like the way you explain everything. Very clear and understandable. I'm not an etsy seller though I have one active account there. But looking at your video made me think how fun the businesses that you showed here. Looks easy and feasible though they're not..
Niche business idea: Etsy competition, because Etsy has a near monopoly which they're taking advantage of and their fees are insane🤣 I'm honestly shocked Facebook hasnt made a "homemade" marketplace.
absolutely incredible info! thank you so much
Really appreciated that you didn't do the typical ones.
**Thanks for watching👆 send a direct message at the above number for more enlightement *
A few years ago when 3d printers were getting popular, I created and printed a mustache cookie cutter for a friend. I'm so upset I didn't try to make it into a business.
Your star ratings are confusing as to whether the positive scale goes up or down. 🤔
I opened my store almost 2 months ago and still waiting for my first sale.❤
Interesting, do you have tutorials on how you go about all the nuisances of running an Etsy shop & the legal aspects as well?
I appreciate you for sharing this, excellent!
Here I am thinking inflation, recession, can I afford food? And people are making money online selling things that I wouldnt have imagine would make so much.. thanks for the video.
Thanks for sharing your research. More videos about what others are succeeding in to help give newbies a path to start would be great.
The pet art is digital. All you need is a digital photograph and to load it into a program like GoArt, Tangled Fx, Portrait Painter and many others
I have a digital products shop and I currently get about 1 sale every other day (15 sales total). Almost all my sales are from 1 listing. How do I get traction with my other listings? Thanks for your videos!!
Making planners should have been on this list. Good video.
If ur going to get a drawing tablet, def get one with a screen. Screenless ones have a high learning curve
Taking notes 📝 hopefully I'll open my shop in 2023 🙏
This is such a 💡 video full of ideas and possibilities..🙌🏼
This is too good Tim. I love these ideas, you elaborate each very well.
**Thanks for watching👆 send a direct message at the above number for more enlightement *
Hi TIm. Love your videos! 2 Questions...1. What is the name of your Etsy Store? 2. Why don't you farm out the stickers to a company and then just ship them? Thanks!
Thanks for this great video! I’m making sticker sheets but always want to explore more possibilities.
3D printing is not technically food safe due to layers that can trap bacteria but for cookie cutters it’s probably fine
For the laser printing, you can go to a supplier for that but the costs will go up.
YES! JUST WHAT I NEEDED, TY!!!
Appreciate your research and your delivery is superb!! Thank you so much for sharing the ratings, analytics, and your insights!
why didn't i discover your channel years ago?! Your content is insane!
appreciate for sharing this with us, excellent video
I love ur videos.. just found your chanel this morning as i was drinking coffee. 😀 feeling very inspired now 😅
What an amazing video. SO informative! Thank you so much!
A great Adobe Photoshop alternative is Affinity Photo.
I'm proud of you so far. Atleast now I've been able to get a better home based paying job which I earn $1200 profit daily and $6500 weekly with a free mentorship program also. Thank you so much for sharing.
THANKS A BUNCH, AMAZING VIDEO!!!
Hi Tim! I love to hear all of your helpful tips! I’ve been thinking about starting my own Etsy shop but my biggest question is do I need to trademark my name and logo before I launch?! Or is that something I should do later on in my process? Thanks so much!
I was wondering the same thing cause you need a lawyer in most states to get a trademark and it can be a lengthy process. From what I heard you don’t need one unless you plan on having a corporation and making over a million a year over the course of 3yrs. Because it is not considered unique enough to warrant a trademark.
Thank god! Someone who can pronounce 'Niches' correctly. Every time someone pronounces it like it contains a 'T' I die a little inside.
Super interesting and diverse ideas, and I really appreciated your commentary on each one. However, your use of the 5-star system was very confusing because you used it in two different ways. Typically a 5-star system is for rating something according to satisfaction or "worst to best" but you used it as a sliding scale of "low to high" for Startup Costs and Skills Required, while sticking to the traditional "sucks to excellent" rating for Passiveness criteria. It made for a confusing metric when trying to evaluate and compare visually.
All these costs are missing one big part. And that is your marketing budget.
Hi Tim, I really like your videos and was wondering,
would you say that Etsy is a market more for Americans and Canadians?
I live in Europe and was thinking about maybe starting an Etsy shop but I'm unsure since I live in Europe.
I guess if you sell printables it doesn't matter where you live but was thinking more of stationery and tote bags.
Love your content but don't know if I fully agree about your ratings for the digital assets. As a professional designer, using a tablet to "just" draw something is really not that easy. Same with the IG icons. There's a ton of set up required and knowledge of file formats, explanation of assets, use cases, etc.
I really enjoyed your video 😊 you’re easy to watch and have a nice personality 👍🏽
Hi Tim, thanks for sharing all of this information, it is truly selfless and so kind(: I'm an animation artist myself and hope to soon start up my own sticker business! Finding the time to start has been quite difficult for me as I do work 2 jobs, but I want to make this business work. I'd love to see if you have any new advice on starting up an Etsy shop and time management when it come to having a side hustle. Looking forward to your future videos!
~ Monica(:
You just have to start and be ok with it taking longer since you’re already working 2 jobs. Be patient and work on your own timeline, not anyone else’s :)
Time management tips would be great. I have a small business, work a full-time job and have lots of family obligations. Its not easy at all. There's gotta be better ways of managing time to make the most of it.
@@Justin_W Yes, exactly. Maybe we need to see this as breaking in a new habit. I'm looking to try this earlier on in my day before I start my work day. This way I can make it a habit to complete some work for my business rather than looking at it as a simple task to add to the to do list. Getting everything done earlier in the day will give me more time in the evening when I have free time. I hope this makes sense. Wishing you well on your journey!
@@TimKoa Thanks a bunch Tim, I never looked at it as working on my own timeline. I will definitely take this advice (:
@@1996monicasantos Hopefully this will work and be a breakthrough for you! I'm looking at some strategies and analyzing my time, where is it valuably spent and where am I kind of waiting time with no value. Hopefully that will help me see opportunities and lead to better organization and management of time and talent.
Hi Tim, great video! I´d love to start the cookie cutter idea, I was thinking about something similar (baking moulds) since years! But I am too afraid to start, because honestly I dont think thats a niche :D I think there are already a lot of people doing it and doing a great job.
Printing on a 3D printer is slow. Suggestion: build inventory. They have templates online but I think those have licenses.
Wow.. looking at how to expand my Etsy shop.. first one.. Cookie Cutters.. I already have a 3D printer, the right material and 3D design experience.. Thanks! I'll try it out and let you know how it goes!
And?
Thank you for all this info. Just what I was looking for
Great informative video! Nice that you're Canadian too so you know the Canadian market. I live in B.C.