Etsy Digital Products | How to Find WINNING Products to Sell
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- เผยแพร่เมื่อ 5 มิ.ย. 2023
- Learn how to find winning products for Etsy including how to find digital products to sell on Etsy. Etsy digital products can be very profitable, but don't waste your time listing unproven items. This is one of the best Etsy tips! See how to find WINNING products to sell on Etsy for all niches, including the best Etsy Digital Products, print on demand (POD), and homemade and vintage. See a full demo using EverBee software of how to get it done quickly and efficiently. Also learn the truth about selling on Etsy so you know how much you can make on Etsy a month, on average, for those shops that actually make sales (many don't). The advice in this video will help Etsy beginners set up their shops with the best chance of success by setting realistic sales expectations and showing how to pick proven winners, which will maximize their chances of getting sales in their Etsy shops.
Your host in this video has an undergraduate degree in Economics, an MBA in finance from Cornell University, earned the CFA charter (Chartered Financial Analyst), worked as an equity research analyst at top Wall Street firms, and has been the CFO of several software companies.
To Subscribe to the Channel, click here and then click SUBSCRIBE: / @thebestwill
***** Recommended Products You May Be Interested In *****
EverBee software - This is the software that I used in the video to find winning products to sell on Etsy. www.everbee.io/?via=william-lee
This is an affiliate link, meaning I get a small referral fee - at no cost to you - if you like the software and decide to upgrade from the free version. Thanks for supporting the channel by using my link!
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#etsy #etsybusiness #estyseller #pod #printondemand #makemoneyonline #passiveincome #williamlee #etsydropshipping #etsydigitaldownloads
Where have YOU had the best luck finding products to sell on Etsy? If you haven't tried it yet, give EverBee a look. It's the tool I used in the video to sift through the massive amount of sales data in Etsy to find the winners: www.everbee.io/?via=william-lee
I have to say man. I found your channel few days ago. At first glance it looked very credible, but something felt off . I get it now. This is less "youtube" and more educational lecture. A quite entertaining one as well.
Really enjoying the content. Thanks a lot man.
Thanks, I appreciate that! Glad you're enjoying it.
Thanks so much Mr Lee, and just subscribed...keep it up!
I love your channel. I'm a stay at home dad and former photographer/graphic designer. Now that my wife is a med provider, being home is driving me insane. I value this channel because it's the first thing to give me hope in the few years I've been in this new role. I know nothing about business. I'm capable at what I do, but I don't know how to get the attention I need to get my work in front of potential customers. Keep up the good work, please!
Thanks, Jeff, so nice of you to say so! I really appreciate the feedback, and hope I can keep putting out good stuff that helps and entertains.
I’m looking for experienced designer for my POD company. Please let me know if you’re interested
Enjoyed finding your channel thank you for the realistic insights for us everyday people!! Your the money myth buster🤗
Finally good and honest advise without trying to sell you anything. God bless you, thank you for your efforts
Your videos are so spot-on and helpful. I am an educated creative with a strong background in advertising and design and an Etsy shop owner. When you say there are tons of videos on digital products to make your Etsy fortune, it makes me laugh. 😂It is so true! While many offer inspiring and helpful info, the processes, execution, and financial reality of output and income are often downplayed or not mentioned. Also, the assessment of early quitters and competition is accurate. Great video; you and Dylan Jharus give the best, most precise advice. Edited to say: finding your audience is the key to its success, research is critical to finding products in demand, plus being unique in your offerings and customer service; if you want to stand out among the crowd, then give people an experience ... you can do this even with digital products
Thanks, Brett! Much appreciated.
7:48 Keyword Research Tool
9:40, 11:45 Example
13:18 Versions of Listings
Well done, detailed, effective and motivational - Thank you!
Found it! Watching these on autoplay. :) Thanks again.
I tried selling digital prints on Etsy last year after months of researching how it works and also studying SEO. It was a big failure with no sales so I gave up after 9 months of paying for listings, photoshop subscriptions and hours designing arts based on demand/trends. My plan was to get an extra money, not even make a whole living out of it and that's why I was so embarrassed of my zero sales. I don't blame Esty, but I also don't know exactly why it failed so hard after following the "successful recipe" on spot.
Don't be embarrassed. Art is hard to sell, even if you do everything right. Thanks for sharing your experience!
Digital products are very saturated I’m doing print on demand which is saturated
But way less
I wanted to do that too, and I have 20 years of experience using Photoshop. I deduced from buying products that I would need help at some point. My fav haunt was really successful. Then I figured out they likely have a team of artists and an admin assistant, and an accounting firm and a marketing firm, etc. There is a term for when you finally sell enough products to hire help. I can't remember what it is.
@@velvetbees Did you end up pivoting into something more successful? If so, I'd be interested to hear how or what you found to be better based on someone with extensive design experience.
The most brutal thing about the internet is the literal zero. Like couldn’t one of seven billion people have given you just one sympathy purchase?
I heard a quote that stuck with me: “The internet is profoundly indifferent about your desire to make money with it”
Anyway, you shot your shot and there are more to take. Thanks for sharing.
Hi Bill, I too am a Cornell University Graduate. I like your analysis of E-commerce. I look around my
small town in New Hampshire. Tradespeople are charging $250/hour.
Very helpful...ready to find that side hustle
Finally, someone who gives the real-life lowdown on e-commerce. Thank you.
Awesome vid. LOTS of great takeaways. Thanks!
Glad you enjoyed it!
Glad to have found your videos. You seem solid and honest. So sick of the hype people 😅
Thank you giving the average neard dude hope of success...
You're the best One so far ! I found your video very clear and sincere Thanks a lot William
Thank you!
Love the start already! :D
I'm glad! Thanks!
Running rough estimate of the net profit numbers with $4000 in sales:
10% average margins on print on demand products: $400 per year.
80% average margins for digital downloads: $3200 per year.
Ask yourself if that amount of money made for the entire year is worth your time for the average store that actually makes sales.
I agree, but a lot of people - millions - pursue it anyway.
Super valuable info! Thanks Will!
Glad you enjoyed it!
Great video, keep up the good work.
Thanks!
Fish where the fish are. Got it. Thanks, William. Awesome, insightful video ❤
Awesome! Thank you!
I am a teacher. Everything you've published so far can apply to tg e dozens of online teaching platforms that also take months to set up, and then no students even find you among the thousands on the site that offer the exact same thing you do - languages. Thank you for your intellectual content, it has helped me a lot.
Thanks!
bravo.thenks go Ahead
I think digital products have an advantage over a physical product because there’s instant gratification. Most people are use to Amazon 2 day shipping 😅 glad to see your TH-cam growing btw🎉
Good point. Plus digital often sells at lower price points (I think), making it an easier impulse purchase. Re. the channel, thanks!
Thank you for talking about the Etsy fees. Most people never bring it up etc.
Thank you for sharing
My pleasure
You are right about keyword research. Old school and does not provide enough data. Need to go deeper. Also, think of this the reason why some shops don't make sales . . . All the videos that people made showing how to setup an Etsy store ( there are TONS of them) and made a store for a demo, are sitting out there doing nothing.
😂 love your hang gliding vid.
Thanks!
Amazing video. I enjoyed watching this video. Informative, well executed content. Could you plz do a video on low/content Kdp?? Thank you in advance.
Great suggestion - and thank you!
the gliding clip made me chuckle
Thanks!
Great video.. Sober approach to the topic.
Nice, slow, understandable speech, like a grandfather (no offence 😂) advising you..
Been one of the first 4000 subscribers. I will be following your journey. You're a good example.
By the way, which software you use to edit the video? That is also a source for AF 🤭
Best regards
Thanks, glad you like the pacing. Hard to imagine anyone learning if I were to crank up the pace. People need time to think a little and absorb it.
Thanks for watching - one of the first 4,000! Crazy how fast it grew these past couple months.
Re. software, I edit with Final Cut Pro.
Cheers
great video, I will download the Everbee link
Thanks, and good luck!
😂😅You're funny! Thanks for this video. I'm interested in selling digital products on Etsy. Thanks for the advice. I'm binge watching your videos after subscribing to your channel. Your advice is well informed better than all those channels that give you "you will make a lot of money" crap.
Glad it was helpful! I really appreciate your support!
Thanks for sharing, new subscriber here.
Welcome! Thanks for joining!
Thank you for your great video's.
William, perhaps this a dumb question but I did a quick google search to see of there's a customer profile of the people who purchases at Etsy but I got a lot TH-cam videos and blogs encouraging to sell on Etsy (even from Etsy itself) Do you have this type of information?
Thanks for sharing! Is it paid versions of Everbee you showed?
Yes, paid version. The only difference is that the free version does not include some of the data. It works the same though.
Very informative video, William! Could you please also share your valuable experience on "ways to figure out a decent product to sell on Etsy or similar market places." Would be an important factor for young people like me to gain knowledge and be aware of the realistic marketplace scenario.
Hi - Thanks for the suggestion.... will keep it in mind!
@@TheBestWillu r telling people to not go to Etay so provode ideas for business better than calculating hownmuch Etsy is gaining
I started my shop with digital but will switch to POD, l see it as lm not leasing a building for $3900 a month and l don’t have to keep in stock of something that won’t sell. Work is work no matter what, plus l don’t have employees to pay , and tax their checks. I post a bit each day til l figure out what l want to do $8 for 4 months is not bad considering 🤣
$8 for 4 months - ouch! I hope you find a winner to make it worthwhile! Good luck
From Pakistan watching you😮
Thanks! Greetings to Pakistan!
Hmm, I’m an active seller and have never applied for a business taxid. I assumed most people operated as sole proprietor.
Hard to know, you might be right. Love your handle... I'm a Dr. Who fan!
Does anyone have a positive experience with etsy? I personally sell products in SK through my own eshop ... and I have tried elsewhere, but I cannot say that it is a recipe for successful business
What are your thoughts on selling digital products on websites like Gumroad or kofi instead?
Hello! I own a manufacturing unit that makes apparels in leather (jackets, pants, motorbike full leather suits). And opened a shop just 1 days ago. Listed 2 products (motorbike leather suits). Any words for me?
Study the successful shops on Etsy who sell leather products. See what sells well in their shops....how they describe the products, how much they charge, how many photos are shown and what they show in them, etc.
Nice vid, but I think you made an error somewhere because it's only 360 dpi. I know you usually do excellent quality dpi vids. 🙂
It's 4k, but Google is still "processing" the upload, so unfortunately it looks low rez initially. Sorry! Thanks for letting me know, though!
@@TheBestWill I see I see. 😁
#1 rule is you can do all of this but your work has I repeat has TO BE GOOD
Agree, the rest doesn't matter if what you're selling isn't good.
I quit my last job about 2 weeks ago.
I'm 31.
I quit because I wanted pay raise, was on minimum wage.
What would you reccomend I do my friend? Should I purchase a labtop? I just have a tablet, don't own a smartphone.
I also don't drive, I cycle or walk everywhere. But I enjoy commuting and not feeling lazy.
Have £20,000 in savings.
Hard to say without knowing all about you. I'd probably recommend getting another job, though, so you have income while you're figuring it out.
@@TheBestWill Oh yeah. That's a cert.
Thanks.
@@KrisVic91 Heres an idea, go get a job on a Railway, if you live in the UK British rail works or any railway. ..they are looking for people big time. You will make about $130,000 US per year with benefits. Look into it. A grade 10 education will get into the door.
I guess next there will be diving with the sharks olympics. Yeah, cool!
Hmmm - good idea!
are you a professor ?
Why don't you try a different background just for interest, to make it a bit different.
So quick to watch this, its still 360p.
I know, takes an hour or so for Google to make the 4k version available. Maybe I should hold my future releases until they finish that. Sorry!
@@TheBestWill Maybe if it was the new Marvel trailer, but this content doesn't even require video. It's just an added bonus for the visual learners. Well done!
It seems to me u r not encouraging people to open store in Etsy ?!
you’re being negative
Or realistic.
Weak video, not helping much.
Not every video works for each person... depends on what you already do or don't know on that topic. Thanks for watching nonetheless.
You could skip the hanggliding clips and please, stop that buzzer when you are trying to get subscribers. It's very annoying.
From personal experience and reading through the comments I wanted (if Will permits of course 😊) add some thoughts generally speaking and specifically Etsy:
One misconception I believe is a large percentage of, whether Etsy or any like platform, many aspiring creatives either simply don't fully understand or get totally stuck due to lack of knowledge is this👉 Once you have set up a shop, creative beautiful products (digital, on demand or any other deliverable) is THEN the actual "business development" process begins...another words Etsy etc is the end of your customers journey NOT the Beginning
2) it is so imperative once you have a good store opened up to create an active strategy to bring the world to your products... Not enough space to dive deep into that aspect in a post
3) Taking time to learn and execute business development and master the importance of systems and processes, marketing, sales (two different things that often is mistakenly understood as being the same), and documenting absolutely everything from day one ...something in the face to face world as a business we call SOP standard operation procedures is so so important and will allow easement of scaling later
3) MUST BE HUMBLE and willing to accept that in ANY BUSINESS venture, there are roles and so vital to accept that you can NOT be the best at EVERY ASPECT of your business, learn your personal strengths and build on that, leave your weaknesses (or life sucking tasks) to someone else ..leverage, delegate while keeping your pulse on everything required for your success..another words for example:
I excell and absolutely LOVE to interact with people, building rapport is something that has always been super easy for me and as a result I gain a large number of contracts for my service industry BBUUTT
I HATE no I LOATHE IF LOATHE is stronger than hate lol all the painstaking but necessary backend operations.. can I build a website YES should I NO!!! Do I have 25+ yrs of corporate and personal tax knowledge and expertise I HATE ACCOUNTING AND ANYTHING else related so Should I still do my own book keeping and taxes? NOPE NOT AT ALL same with about 90% of various business needs...they literally suck the life out of me (for the record it LITERALLY DID to point of physical collapse 4 yrs ago)
Know about everything needed for your business DO NOT BELIEVE you must RUN IT ALL‼️
Well this is my longest yt post hope it helps and I didn't overstep my boundaries
Thank you Will for all your doing to help the average person. 🙏‼️
Michael from Korea again. Congratulations! Your channel blowing up, you’re monetized … and nearly 20,000 subs 🤩🤩🤩🤩🤩
Thanks, Michael! Kind of crazy. Went from 10k subs to 20k in 9 days!
Hi, i am a etsy digital products seller i have many questions and need answer can i get your Facebook or any other platforms where i can discuss with you,need a little help?