Small Business Ideas on Etsy
As a person who values creativity and is into handmade products, you could benefit from making use of new Etsy business ideas. Etsy is an online platform where creatives advertise and sell their handmade products globally and profit from it.
The e-commerce site does not limit creatives on what they can sell on the platform. You could open an account to sell home and living products, art, crafts, and jewelry. Other sellers on Etsy make and sell custom-made wedding gowns and pet supplies.
One advantage of selling on Etsy is there is no required opening capital. Setting up an account is easy and free, and you sell globally. Also, Etsy works similarly to the other e-commerce platforms, although it specializes in handmade items. Before looking at the business ideas on Etsy, let us first learn the advantages of starting a shop.
Benefits of Selling On Etsy
Before knowing the small business ideas on Etsy, you might wonder why most sellers speak highly of the platform. Some advantages you will get when selling on Etsy are;
Sellers on Etsy do not pay to open an account. Registering a shop is free and easy. Once you open the Etsy official website, you must choose your language and select the currency. The next step is naming your shop.
The seller should then select their payment methods to enable buyers to pay for the items and add the billing information. Adding the listings to the shop is easy and fast. Once you add the items, you can start getting customers.
Although setting up the shop is easy and free, sellers pay a small fee of $0.20 for listing the items. Your items can stay for four months or until it sells. When you sell on Etsy, they collect 3.5 percent of the item’s selling price. These rates are low and affordable to sellers.
Etsy is an E-commerce platform known by buyers globally, making it easy for business owners. When the buyers are confident with the platform, shop owners get many customers, unlike new e-commerce sites.
Besides, buyers are not fearful about giving out their personal information because of the high level of privacy. Making it easy for buyers to make payments on a website without fear of being hacked is essential for any e-commerce platform.
Etsy is not a new platform, and since many people have experience buying items from there, the shop owners get active customers easily. If your goods are unique and you have a good profile, be sure to make huge sales.
Etsy Small Business Ideas
Once you know the advantages of selling on Etsy, you will be more interested to know the type of business you can start on the platform. Some of the ideas you can think of are;
If you are into home and office décor, the home and living niche is for grabs for you. People want to live in beautiful spaces with lovely drawings and vintage furniture, and you can be the supplier on Etsy.
You can also venture into home organization tools, whether for the living room, kitchens, bathrooms, and bedrooms. These organization tools are also essential to keep the office clean.
During special events and times like Christmas, you can make personalized décor and gifts and sell them on Etsy. The niche is not crowded, so getting customers will be easy and fast.
Art is expensive to buy and find. Artists use it to express their feelings, fears, and personalities, and buyers purchase art pieces they relate with. Art is also unique and beautiful because you cannot get two completely alike pieces.
There are many art categories on Etsy. You can sell digital prints, original drawings, or paintings and illustrations, and some artists draw the original paintings from scratch. Those who sell digital prints can boost their sales by offering free shipping.
Most brides want to feel special on the big day, and one way of making it unique is wearing a custom-made wedding dress. Although the pandemic reduced the celebrations, they are bound to rise as life goes back to normal.
If you are a fashion designer, you can make unique yet beautiful wedding attires for the brides-to-be. You can also include wedding décor, invitation cards, and centerpieces in your shop to make the bride buy everything from one point.
Jewelry is one of the big and fast-growing businesses on Etsy. There are unique handmade items like bracelets, earrings, and necklaces. You can also add unique aesthetics to your Etsy items to make them more noticeable.
Other Etsy jewelry sellers offer to customize their customers’ items by including initials or names on the rings and necklaces. You can also choose to sell those made from specific materials like gold and silver and add a symbol.
When looking for small business ideas on Etsy, you can also consider clothing. It suits Etsy sellers who are into fashion and those talented in aesthetics. You can custom-make t-shirts, dresses, and sweaters.
Ensure you use quality materials and mention it in your description. You can also make clothes with a bold and fun statement and make it your shop culture. Narrowing your niche to concentrate on a specific option makes your shop more trusted.
More people are investing in body essentials to care for their skin. Also, the hit of the pandemic brought a lot of self-care awareness because most people saw the importance of washing their hands and maintaining cleanliness.
Although there are many sellers of body essentials, you can make yours better by customizing them. Add other essential ingredients missing in most skincare products and package them in easy-to-carry bags.
If you want to venture into the beauty industry, ensure the products you are making and selling have the right ingredients and are FDA approved. Selling harmful products could lead to the closure of your shop and court cases.
More families own pets now, and most of them shop for their food, toys, and other accessories online. If you have a passion and talent for making pet ties, beds, and clothing, pet supplies would be a good business idea on Etsy.
To add more items to your shop, you can also stock pet food. However, you should be careful with the food you sell, ensuring that it is safe for the pets. You can also customize the pet accessories by adding your customer’s pet name on its clothing.
Are you an accessories lover? You can join Etsy and make hair clips and headbands. The fashion is old but coming back to life, and there is no doubt your business will be blowing sooner than you think.
Some of these headbands and hair clips are unique, and you cannot find them in stores and malls. Others are made with hard-to-find materials, making your Etsy shop unique to your customers.
Final Words
Once you find the best Etsy business ideas, the next step is to open a shop. Sellers on the platform also advertise their shops using social media platforms or Etsy platforms, which charge a small fee.