π‘ 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.
π‘ 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.
π‘ To reach the target, it is essential to follow a plan and blueprint, increasing the chances of success.
π° 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.
π― Targeting one specific niche is important to increase the order value and sell multiple products to the same customer.
π 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.
π Selling to the same customer on Etsy allows you to sell them new products in the future.
π Adding sub niches can help you reach a wider audience and increase sales.
π Using a tool like Ever Be to research niche and subniche demand is crucial.
π Researching product trends for Halloween, fall, Thanksgiving, and Christmas.
π‘ Personalized items perform well and can reduce competition.
πΌ Creating designs that can be applied to different products is crucial.
π‘ Finding good designs and adding personalization to make products unique.
π¨ Using resources like Canva and Creative Fabrica to create original designs.
π Product blitzing strategy: creating and launching 30 products in 30 days.
π‘ 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.
π Optimizing and promoting your shop and listings is crucial for success, including setting up automated marketing emails and offering coupons for potential customers.
π£ Using Etsy ads is an effective strategy to quickly gain visibility and increase traffic to your products.
π° Running Etsy ads can help us rank faster and get sales on day one, leading to promotion in Etsy's organic search for free.
π Getting sales ASAP and receiving reviews can boost trust in our products and increase sales even more.
π Start by researching your niche to find high-demand products and optimize revenue.
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