My Tips for Growing Your Etsy Woodworking Shop | I Now Do Over $1,000,000 a year
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- เผยแพร่เมื่อ 14 มิ.ย. 2024
- Etsy entrepreneur Ryan, shares his early Etsy business journey. He takes us through his initial years on Etsy, offering insights and lessons learned along the way. Whether your an Etsy beginner or your current Etsy shop needs a boost, these lessons can help you scale and grow. Ryan’s story is sure to inspire and provide actionable tips for your own Etsy venture.
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cicworkshop.com/
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About Cutting It Close:
Our goal is to help aspiring craftsmen do what they love for a living! We hope to share our knowledge in the woodworking field and CNC routering through training videos, CNC router techniques, unique projects, and practical applications.
TIMECODE:
00:00 Introduction
00:11 The Journey Begins
01:18 Early Photography
02:17 Year 1 Mistakes
03:09 Year 2
04:27 The Manstand Story
05:35 Keeping Up With Demand
06:42 Trending On Etsy
08:20 Etsy Fees
09:09 My #1 Piece of Advice
10:34 YOU CAN DO IT
#etsy #woodworking #sidehustle
Congratulations on your accomplishment! You're very right. I've been thinking about opening my own Etsy shop and I really needed this! God Bless you!
You got my STAMP of approval with all of your great info!! Inspiring!
New subscriber here! Your video and the way you present your information won me over. Very inspiring and insightful! Thanks for sharing your knowledge and talent! You're obviously a hard-working person, and your family and friends who helped out deserve a shout-out as well. Keep up the dream.
Good advice man. It was great talking to you at WBC this year. I'll be back next year as well.
Great stuff, keep them coming.
Great video! A definite “stamp” of approval by news makers! Hard work, focused marketing and innovation is a key!
Yes! Thank you!
Just great, you deserve what you get and thanks for all the tips.
Best video I've seen on the topic.a lot of ppl suggest the same things, but never detail WHY. I'm just finishing up my first year with etsy and this was all very helpful.
I have some questions-
1.how'd you handle severe slowdowns in orders?
2.Did you ever get orders for things so large you had to source your own shipper? (Like furniture) if so, what's your recommendation?
3.have you ever had orders damage or not show up? What's your recommended policy for that?
Stamp of approval!
STAMP of Approval. Thanks for your time making another great video!!
You bet!
I truly enjoy your content. It’s quite helpful.
Glad you enjoy it!
This was awesome and very informative. Would you ever consider going over a shipping video on how you go about shipping your products?
Ryan I want to thank u for your videos that your doing, and i watch u the other night on IDC Woodcraft with Garrett. And I want to thank u for your time u spent with them and I hope u will be willing to do it again. U are giving me some great thoughts on cnc I'm new to the cnc world. Thanks again Ryan.
That is awesome!
Great tips. Keep ‘em coming
Thanks! Will do!
STAMP them out and make even more! Seeing you scale up is wonderful and we want details of day to day details of pre and post scaling. Thank you!
Great idea!!
Ryan, excellent advice. Can also see that you walk the talk with the off the cuff interview with Andy.
You are a great mentor 🤓
I appreciate that!
Great advise
Here for the shirts
Thanks for commenting man!
Great Video , I thought about using Etsy, but I hate to be busy lol , so I've been selling on Marketplace 😂
I’m not going to tell you what time stamp I liked best because the whole video was good information.
Thanks for this fantastic video - so many helpful tips and a huge amount of encouragement, feeling much more confident about launching my Etsy store (finally!) Those two HUGE insights of: 1) The importance of photography. 2) Etsy being Occasion based - just the insights I needed!
Awesome! If you want to, message me on CICworkshop and I can do an audit of your Etsy page once you launch it!
@@cutting-it-close that would be amazing! Will do.
Biggest risk with any 3rd party platform is the customer is theirs, not yours. If you're account is cancelled for any reason your toast. Doesn't mean you shouldn't take the opportunity while its their. Just watch your overhead and avoid taking ondebt to service one stream of revenue.
That happened to mine I got canceled a long time ago because of a customer complaint that had no reason against my product. Now anytime I open an Etsy shop even if it's on a different name or email address I get shut down and it's been over 15 years
You would have my stamp of approval if you explain more on the best way to reduce your costs when starting with Etsy.
Hey man, I’m a woodworker and always wanted to open an Etsy store. Only thing is how do you handle shipping on larger items?
Excellent advice. I'm going to try it. Maybe include design downloads, what do you think? I've been filming my designs and am planning on releasing videos on TH-cam.
That's a great idea!
Why are your CNC water tubes so dirty?
Just old, they are over 8 years old and we used well water for the first few years then started using distilled after that.
I have $5000 what machine should I buy to get going ? Any ideas welcome, cheers 👌
Can you go into detail about your net profits, I assume the numbers you mention are gross
What year did you go the PBD Vault?
I went to the very first one in Dallas in 2019, did you ever go?
Your work is amazing so no disrespect to that, but I have seen some equally impressive work on Etsy that isn’t bringing in that kind of sales. How much of these sales were driven by your TH-cam channel?
$0 this TH-cam channel doesn’t drive sales to my Etsy shop nor is it my customer I am marketing to. I only started TH-cam a few years ago as well.
I started TH-cam to teach, not to promote, most of my subscribers are woodworkers so they don’t want to buy anything from me, they will just go make it.
@@cutting-it-close thanks. I love your work, was on the fence about TH-cam and didn’t know if the exposure helped drive sales. I appreciate your videos, and have learned a lot from you. Keep doing what you do.
I could be wrong but by watching his other videos it seams to me that sales besides what he mentioned here are driven by simplifying the product which helps on the next part of making it cheaply, meaning how to keep cost down and labor. There is beautiful stuff on Etsy but you're not gong to have the sales he's showing spending 2 hrs on a cutting board or alot of one offs. Has to be production style. Im assuming he's selling alittle cheaper than the guys working out of their garage doing 2-4 items a day.
Well how much did you start with ? That's the real question .
Keyword is etsy
Hey friend, where is my video about CUTTING ACRYLIC, speeds and feeds, differences compared to cutting wood????😡
😂😂😂 Just kidding....great story... I hope you are working on the topic we talked about...
Yes working on it, I do have the video with the OFlute bit and how to cut acrylic with it. Thank you for watching the channel, I really appreciate it!
@@cutting-it-close I have been watching your channel for a few years... Only you are now much more interacting with followers...
Etsy is a nightmare to get started with. No matter what I try or how many tutorials I watch I can't get past the "you have violated community guidelines and are permanently banned" stage.
What are they calling you out on?
@@cutting-it-close they won't give me a reply
Etsy is not what it use to be. The amount of money you lose with mandatory off site ads, listing fees, transaction fees it's just not worth it. Even if you have a good handle on the SEO for your listings you won't sell anything unless you are spending even more money on Etsy Ads. If you have a customer complain about something and they want a refund, regardless of how ridiculous the complaint is be prepared that Etsy will refund the money out of your account. It is very easy / possible that you can have a high volume of sales on Etsy (gross sales) but yet make very little money or even lose money (net sales) because of the extraordinary costs and fees associated with your Etsy account. Etsy just doesn't get that the SELLERS are Etsy's customers, not the BUYERS.
Hi There,
Just wanted to get your view on how Etsy does NOT allow its Sellers to sell their Shop/Business - apparently against their policy ! ?
How do you reconcile the fact that your Shop/Business would ‘miss-out’ on an average industry standard of 2 - 3 times profit multiplier - had you been able to sell !?
Cheers !
Nice video ryan have u aorted the giveaway for us overseas yet?? Must say i could do with you either doing a video on how to grow fb page or your advice on here on it or if youve email pick your brains there. Need help. 🏴👍