My experience of starting a new Etsy shop focused on selling digital products, detailing their progress over the first three months. Initially starting with zero visits and sales, they reported 351 visits and $182.40 in December, 560 visits and $283 in January, and 983 visits with $75.70 in February, totaling 1,938 visits and $1,165 in revenue. While some may view these results as underwhelming, the author finds them impressive given the nature of digital products and the scalability they offer compared to physical goods.
The author contrasts their new digital shop with their existing sticker shop, which they have operated for three years. They highlight the labor-intensive process of fulfilling physical orders, which includes printing, cutting, organizing, and shipping. In contrast, digital products provide the freedom to earn without additional effort after the initial sale, allowing for greater flexibility in managing their time and location.
Despite the advantages of selling digital products, the author acknowledges the challenges, such as increased competition due to market saturation and the ease of copying digital items. They note that while physical products may have barriers to entry for competitors, digital products can be easily replicated, leading to potential profit loss. Additionally, some consumers remain hesitant to spend money on digital goods, often valuing physical items more highly.
Looking ahead, the author expresses a desire to continue developing their digital shop, potentially incorporating print-on-demand services to offer physical products as well. They plan to share their journey and insights in future videos while maintaining their sticker shop as long as it remains viable. The author reflects on their evolving business goals and the appeal of location freedom associated with digital sales.
In conclusion, the author emphasizes the importance of understanding one's niche and the basics of running a successful shop, such as having a solid product idea, standout photos, and effective SEO. They encourage new sellers to focus on familiar products and avoid overwhelming themselves with too many options. Each business has its unique trajectory, and the author reminds readers not to get discouraged by comparisons, as their experience can provide valuable insights for those starting from scratch.
0 Comments