Saturday, December 30, 2017

Etsy Empire, Almost Free Money, Vol 6

Hellloooo! Yes, I know, I've been delinquent with writing these blog posts every 2 weeks, let alone every month. Sorry about that. 

But, right now, at 8:05pm on a saturday night, (yes I roll like that, crazy right?) instead of thinking, "oh yes, I should write a post tomorrow", I'm doing it right now. So while my daughter is climbing on my back while talking to Siri on my phone, I am writing to you, my beloved reader. Boy, sometimes a little body weight on your back, feels soooo good.

For Christmas I got the "Etsy Empire" book, by Eric Michael. I skipped to page 20 or so, because I've had my store open for a year now, and figured I don't need to read the absolute basics right now. 

So one thing I looked up, was a link to a site where it calculates your Etsy fees, and gives you an estimated profit based on calculations you enter. Check this out: http://feesnap.com/etsy.html.

A lot of sellers underprice themselves, especially for handmade items. Which makes it hard to compete against. And then there are sellers who sell items that aren't made very well, and yet people are buying their stuff. So maybe they don't spend much time on their goods, and feel they can charge less. Not sure you can accurately price according to the competition because of this, but you can average it out. I hope my items for sale are in the ballpark. I think so.

Will write more on my findings with the book in the coming weeks. 

Happy NEw YEar!

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