In this video, the speaker discusses the process of selling print on demand products on Etsy.
The speaker emphasizes the importance of sticking with the print on demand business and not comparing one's journey to others.
The speaker provides tips on product research, such as focusing on personalized products and choosing categories with sales potential.
To find profitable products on Etsy, consider the potential sales volume of about 10,000 units per year.
Ensure the product can be personalized and has sales volume.
Calculate the profit by considering the product's cost, shipping, and advertising expenses.
📦 The video discusses the success of four different products on Etsy.
💰 The first product analyzed is ornaments, which has high sales volume and profitability.
👕 The second product analyzed is apparel, specifically the Bella canvas 3001 shirt, with high sales volume and profitability.
The first product analyzed is print-on-demand apparel, which has sold 64,000 units on Etsy in the last year.
After calculating costs, it is found that the profit margin for this product is only $2.51 per unit.
The second product considered is custom pet bandanas, which have a lower price point and potential for profitability.
The video explores different products on Etsy to determine their profitability.
Custom dog bandanas are not profitable due to high costs.
Custom dog tags are a potential profitable product with high sales volume.
Baby onesies are another product category worth exploring for profitability.
👶 Baby onesies are not profitable on Etsy due to the high production and shipping costs.
📱 Custom phone cases have a high sales volume on Etsy and can be profitable with the right pricing.
💼 Personalization is a key factor in selling products on Etsy, and it presents a significant opportunity for sellers.
💲 The video discusses four products that generate a total revenue of $1 million on Etsy in one year: apparel, tumblers, phone cases, and Christmas ornaments.
📈 If the sales targets are met, the estimated profit for the next 12 months would be $280,000 with a profit margin of 28%.
💪 The speaker is confident that they can achieve the goal of $1 million in revenue and make a significant impact by donating all profits to charity.
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