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  • Another Etsy question

    With all of the time I have been spending at home carving and painting, I have considered using Etsy as a way to get rid of some inventory.

    For those of you that have accounts, is it hard to manage? Do you have to set up a credit card account to process your payments?

    Have you had much success selling there?

    It doesn't look like it is extremely expensive to list items or set up your shop.

    Just have a million questions...any help or good advice any of you could give would be appreciated!

  • #2
    I can't speak about that but I have several websites I have done and understand the marketing and statistics. If some Etsy people respond then maybe I can augment it. Good Luck.
    Bill
    Living among knives and fire.

    http://www.westernwoodartist.com

    Comment


    • #3
      I’m preparing to and procrastinating about starting and Etsy store. I’ve received some good information here from other carvers. I suggest talking to a tax expert in your area for advice about hobby or business. Etsy site has a real easy to follow beginner page.

      https://help.etsy.com/hc/en-us/artic...egment=selling
      Ed
      Living in a pile of chips.
      https://m.facebook.com/pg/CentralNeb...ernal&mt_nav=0

      Comment


      • #4
        Originally posted by Nebraska View Post
        I’m preparing to and procrastinating about starting and Etsy store. I’ve received some good information here from other carvers. I suggest talking to a tax expert in your area for advice about hobby or business. Etsy site has a real easy to follow beginner page.

        https://help.etsy.com/hc/en-us/artic...egment=selling
        Thanks, Ed!

        As I look at this and understand it, they charge .20 per item to list, then 5% of the sale price, PLUS what you charge for shipping, right?

        Basically, this might be so you don't gouge on shipping, I guess?

        At any rate, if those are the fees, that is pretty reasonable based on what I have found here locally in some of the places that take consignment items. One of the local artist's co-ops in this area charges 40% of the sale price, AND the artist has to commit to working at the shop so many days per month.

        I am still a bit fuzzy on the payment methods. It looks like you can use their system and not have to set up your own credit card account...will have to look into that more!

        My accountant is a member of our carving club so that will be easy enough!

        Comment


        • #5
          Good luck tbox.
          Ed
          Living in a pile of chips.
          https://m.facebook.com/pg/CentralNeb...ernal&mt_nav=0

          Comment


          • #6
            I've been on ETSY selling since Nov 2012. Over 500 sales to date.

            You'll need a credit card account so they can charge you each month for any listing fees, renewals, shipping, etc. To set up a shop, you need a bank account so they can make direct deposits when you sell something. I didn't want to use my normal account, so I opened an account in a small local bank and use that for the ETSY direct deposits. When you sell something, ETSY keeps 5% of the sales price. They also keep about 3.5% to cover the cost of the buyer using a credit card or PayPal. When you list a new item, it's $0.20 for four months. At the end of the four months, if you haven't sold it, you can renew the listing for another $0.20. You don't have to mess with buyer credit cards or PayPal; they do all that for you. I have my payments to me set up so that each week on Monday, they take whatever is in my payment account from sales, less renewals, shipping, etc., and send it directly to my bank. My local bank account is a checking account and came with a debit card. I use the card to buy more wood, some tools, etc. so I don't have to use my "normal" accounts for any of that. Etsy wants you to offer free shipping if the listing price is more that $35.00. ETSY also helps with the shipping by making it easy to print out a shipping label, and they have negotiated a discount with the USPS. Cheaper to ship via ETSY than to go to the USPS Office and pay over the counter.

            You can look at my shop and see what I have said about myself, and how I have described my carvings. Feel free to use it as an example.

            Once you get a shop set up and have some listings in it, you are not home free. You now will need to do a little work to get your product in front of customers. The example I like to use is this: You open a shall shop, 5 blocks off the main street in the small town where you live. You don't have much money for neon signs, so you hang a small wooden sign you made in the window, and you put some of your carvings on display in the window. You probably don't get many people coming by the shop and they likely don't even notice the sign in the window. Result: no sales. You need to market your product.

            Same applies to an ETSY shop. There are numerous ways to help people see your carvings: P-ost them on Twitter, Pinterest, etc. Join a promotion team on ETSY. One of the teams is the Woodcarvers of ETSY. There are numerous others... If you are married, and your spouse is bored, have her/him do the marketing and promotion for you while you do the carving.

            If you open an ETSY shop, send me a PM with the name of it and I'll send you some more info about promotion off-line.

            You can also ask me via PM or email for more info about selling on ETSY.
            Claude
            Last edited by Claude; 05-06-2020, 05:15 PM.
            My FaceBook Page: https://www.facebook.com/ClaudesWoodCarving/

            My Pinterest Page: https://www.pinterest.com/cfreaner/

            My ETSY Shop: https://www.etsy.com/shop/ClaudesWoodcarving

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            • #7
              Wow...Claude, thanks so much!! This is exactly what I was looking for!

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              • #8
                There is another solution, send me pictures of the carvings you want to sell and I will make you a page on my website www.decoysales.com and I can list them in the Buy and Sell section.https://www.decoysales.com/buy-and-sell.html you have no limits to how many you can list and it cost you NOTHING.
                In God we trust everyone else pays cash
                Rafton Lefort

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                • #9
                  eBay can work and not too bad and has a large worldwide exposure. A website is fantastic because no fees and you can take Paypal and it also has worldwide exposure. A website does take a little work but the benefit is enormous.

                  Good luck!
                  Bill
                  Living among knives and fire.

                  http://www.westernwoodartist.com

                  Comment

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