💡 Most people have big goals to make $50,000 on Etsy in Q4, but the main reason they fail is the lack of a plan or strategy.
💡 In this video, the speaker shares the exact steps and math required to achieve $50,000 in profit for Q4 on Etsy, including the number of products to sell per day.
💡 To reach the target, it is essential to follow a plan and blueprint, increasing the chances of success.
💰 To make a profit of $50k on Etsy in Q4, we need to make an average of 27.8 sales per day with a profit of $15 per product.
🎯 Targeting one specific niche is important to increase the order value and sell multiple products to the same customer.
📈 Increasing the order value from $20 to $100 by selling three to five products to one customer can be more effective than finding new customers.
🔑 Selling to the same customer on Etsy allows you to sell them new products in the future.
🌍 Adding sub niches can help you reach a wider audience and increase sales.
🔍 Using a tool like Ever Be to research niche and subniche demand is crucial.
🎃 Researching product trends for Halloween, fall, Thanksgiving, and Christmas.
💡 Personalized items perform well and can reduce competition.
💼 Creating designs that can be applied to different products is crucial.
💡 Finding good designs and adding personalization to make products unique.
🎨 Using resources like Canva and Creative Fabrica to create original designs.
🚀 Product blitzing strategy: creating and launching 30 products in 30 days.
💡 To be successful on Etsy during the holiday season, it is important to plan ahead and start adding products 40 to 60 days before the holiday.
📈 Optimizing and promoting your shop and listings is crucial for success, including setting up automated marketing emails and offering coupons for potential customers.
📣 Using Etsy ads is an effective strategy to quickly gain visibility and increase traffic to your products.
💰 Running Etsy ads can help us rank faster and get sales on day one, leading to promotion in Etsy's organic search for free.
🌟 Getting sales ASAP and receiving reviews can boost trust in our products and increase sales even more.
🔎 Start by researching your niche to find high-demand products and optimize revenue.