Making Money on Etsy
What started out as a small platform for local sellers to sell their crafts has exploded into a multi-billion dollar platform with millions of visitors and hundreds of thousands of active sellers. It’s safe to say Etsy is a real contender when it comes to making money online.
Can you actually make money on Etsy?
If you’re a dab hand at crafting or have a good eye for vintage items – then making money on Etsy is definitely possible. The platform has enjoyed monumental growth in recent years and attracts a like-minded audience looking for quality and originality. If you can meet the demand of the Etsy user base, then you should be able to turn a healthy profit.
The question is, is it an oversaturated market? With so much competition, can people still open a brand new store and make money on the platform? In this guide, we’ll show you how you can actually make money on Etsy, and whether it’s worth the time and effort of setting up shop.
Why Etsy?
Etsy is a handmade online marketplace to sell things you make. From personalized jewelry and home decor to planners and custom prints, there are hundreds of thousands of shops on Etsy.
So, why consider Etsy when you want to make money online? The stats of this platform speak for themselves:
- As of 2020, almost 90 million active buyers have made a purchase on Etsy
- Last year, Etsy’s sales totaled almost $5 billion
- In the first half of last year, Etsy’s revenue grew by 71%
