My First Year Selling 3D Prints: Etsy & Amazon Sales, Ads, and Profit Breakdown (2024 Recap)
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- เผยแพร่เมื่อ 10 ก.พ. 2025
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Just wanted to chime in that I appreciate your candor and your presentation. Doesn't feel overhyped or clickbaity in nature, which so many other channels rely on.
Thank you for being very transparent and honest with your Etsy journey and TH-cam videos. You have also been very helpful with the 3d model licensing for selling too. Since you were very transparent and helpful, I subscribed to your channel and like almost every video because I greatly appreciate that you don't paywall any of your information. I have since started my own Etsy page because of you and I would like to thank you for all of your help. Please continue to make these videos and I wish you a great 2025 for you and your online businesses.
I Second your statement. Excellent guidance videos.
Thanks so much for the kind words and support, I really appreciate it!
Congratulations!! Any business that comes out in the black the first year is doing something right. Great job and good look in 2025. Thanks for sharing the info you have learned along the way.
I appreciate it, thanks for watching!
Thanks for sharing all the details and the true cost of producing your products. Stick with it and keep trying new products and you will continue to grow your business. Your positive, can-do attitude is your biggest asset!
Really dig these breakdowns and I thank you for being so open and sharing. I’m on my 4th month on Etsy with some pretty unique product and it has been an interesting trip so far. It’s nice to hear from like minded shop owners who aren’t selling POD, digital items, etc.
Thanks for your honesty, people like you deserve all the success with whatever they do.
Great video. Thanks for being open and transparant. Really fun to watch how you have set up your small business. All the best for 2025
I appreciate that!
People also need to remember things like tax deductions. That 7k in ad cost, etsy plus sub cost and the etsy fees, and shipping costs not incurred to the clients cost directly (like gas for trips to post office, packing supplies, shipping fees on those "free shipping" orders) to the is tax deductible expenses (obviously know ask a tax professional for your geographic). As well as the machine cost as business equipment which is a depreciatory write off. Plus consumables all around like filament.
This is why its very important to treat revenue creating hobbies as business in all regards. So while it may not be spendable profit margin, it is still VERY important numbers to take into account.
👏
Appreciate the transparency. Nothing wrong with any of it, but you made zero mention of labor cost. The time you spent packing orders and processing prints… and setting up and maintains the shop space. Best of luck in 2025.
You're right, that's a critical aspect I need to factor in more closely next year. I didn't account for any of my labor because thats kind of part of the start up, first year cost... you spending way more time than its actually worth to get it off the ground, in hopes that in a couple years, the profits are higher and that upfront work pays off.... thats my hope anyways, and we're heading In that direction.
@@TheMountainMaker Folks neglecting their own time value is a common problem with folks trying to turn hobbies into businesses. It becomes a bigger deal once you try to scale to the point of hiring help and needing to decide "Do I hire someone to do marketing" or "do I hire someone to manage my printers" or "do I hire someone to design my products" etc... Each of those founder rolls needs to be assigned a value based on it's return to evaluate if you should outsource it or not. As is having profit goals. Anyway... totally agree and understand about loosing money getting started. Again, best of luck and thanks for sharing.
Forgot to factor in taxes, Etsy will report you to the IRS if you make over 1k and there is another 1/3 of your money gone
Its not 1k, it has to be over 15k. @andreamitchell4758
I have to stand a bit corrected, my accountant was wrong, it is actually if you take in over $600 still, I heard it was raised to 1k but I can confirm that it's not
You can't even take in $600 without generating a 1099
Bravo sir! The first year is about the initial investment and the pains that bring education and you were still profitable! Your gonna kill it this year!
Thanks for the support! 😀
Thanks so much for the breakdown. I learned something on the ads. I was only running a $1.00 budget. I will raise that up. Keep doing what you're doing. You have the right attitude.
Glad it was helpful! Just remember to be in control of the ads, unlike what I did. If things aren't selling after a 1 or 2 month time span, it might be time to re-evaluate parts of the listing, or the listing as a whole. Good luck to you!
kudos on your first year in the printing biz and making a profit too. I didn't get started until Dec 6th with my store but listed a seasonal product that people wanted with an average ticket price of $27so things took off despite it being a new store. I feel like that is the key on etsy, we need higher ticket sales. Keep up the great work, I'm working to get sales on Amazon in 2025
That's awesome! I hope you crush it on Amazon in 2025. I am definitely going to be doing more of my own designing and listing of those products going forward in the new year, but still debating is It worth it to list those on my current page with history and sales, or is it best to list everything on one shop. My gut tells me to keep the top 3 or 4 selling items on the page I have now and then list the new ones I design on there too. Then move everything else to its own shop and use that for experiments and another source of passive income is sort of what im thinking but im not sure I want to manage 2 etsy shops, plus youtube, amazon, my day job, etc... Thanks for the support!
If you don't mind me asking, what did you sell?
@@ajamess a little debbie Christmas Cake holder in white w. red and green accents. When you opened it up, it said Merry Christmas inside. People loved it.
That is cute :). Did you pay for ads on Etsy? Or choose some other platform?
@@ajamess yes to etsy ads and free shipping
Great minds think alike. Was thinking of doing a similar breakdown but my total was $3.47 🤣
That's because y'all sell the wrong stuff. Once I get my sexy cyborg robot girl coasters going I'm gonna be rolling in 🤑💰💰
Well, I think you've got yourself set up for some good opportunity costs. the only thing that I didn't see in your video seems to be labor costs. I realize the printers run by themselves but you do have a lot of Labor in getting things packaged, ready to ship, designing stuff, setting up the machines, dealing with all kinds of mishaps, etc. Good luck for 2025.
I don't think he designs much looking at the stuff he sells.
Time is the most valuable thing you have; he is not charging it correctly here. As a business owner, this should come first. You must pay yourself a flat pay, whether it's $40 or $50 bucks an hour of your time. Then whatever comes as "profit" is made by the company you're running for upgrade opportunities, etc.
Thank you for sharing, all the very best for 2025, your honesty is refreshing.
Thank you! You too!
Really interesting, the clear message is that you have to be determined and capable of sustaining your commitment over a long time frame. I wish you luck with your business.
That’s the idea! I appreciate your support!
I would add the income from your TH-cam video's - the ad revenue - it all adds up and is part of the work promoting your business.
I thought of that, because that number surprised me for the first month and 8 days I was monetized, but I figured id save that for a later video when I have a few more months to show on here.
Really appreciate the thorough explanation and honesty. Walking through everything step by step was very informative. Keep it up, and good luck in 2025!
I have kind a the same stats lol. Started Jan 2024, 12k revenue, 324 orders, 14k visits. Congrats!
Thank you for posting and sharing. This really is very helpful, looking forward to seeing your continuing journey.
That’s a great breakdown, thank you! I’m very interested in a very similar set up, the difference is I have put the learning and cost of machines on my hobbies and enjoyment already. This realistic breakdown is great to keep in mind moving forward from fun to business👍.
A spreadsheet breaking down your costs, revenue, margins, and other numbers you talked about would be awesome to see!
Thank you for being honest and sharing. I really appreciate your knowledge.
Sales and reviews also improve your search ranking within Etsy as well. Ads certainly help you get there faster.
Yep, absolutely, it's all about getting in front of people!
Great insight doing great man 2025 your going to blow up. For us this is our 3rd year, we found that a spreadsheet with a few formulas can help you track for the year, and I would start tracking filament especially for tax time. Love the content.
I appreciate it that! I am definitely looking for better ways to manage expenses in 2025. I have quickbooks but need to get better about weekly, or monthly receipt uploads and checks on everything to help me keep track.
Hi Logan, this is a true eye opener and congrats on a pretty good year. This was my first full year with Etsy and we had similar sales and surges in the same months like yourself. My shop however is very different and we have contracts / clients etc that pay for custom orders which makes Etsy a side hustle for now, but like you, I’m looking forward to see how 2025 plays out with sales etc.
Thanks! I’m looking forward to seeing what 2025 holds as well and playing around with new ideas!
Thank you for this video! Really comprehensive!
I sell on Amazon handmade and used fba for half a year to get my reviews and following going. It was a more profitable approach to marketing versus paying for ads in my experience. Now I just sell direct and my sales totals are up for 2024. In my experience my January sales stay pretty high but the highest are November and December. 😊
With Amazon, i rarely run ads as i have found using FBA and having that prime shipping option is enough. It doesn’t work for every product but i am much happier with the progress on Amazon right now
Very informative and I appreciate the transparency. Just subscribed to the channel.
Thanks for the sub!
Thank you for sharing this. This is excellent info for a small business starting out
Glad it was helpful!
Trying to get my shop/farm going, just need to get past the hurdle of being new and making my own items to put out there in addition to licensed products. Best of luck to you :)
I’m right there with you, it takes time to build up a good library of things that sell well! I am really going to focus more on my own prints/designs in 2025! Thank you, and good luck to you as well!
@@TheMountainMaker Thanks!
Great video, thanks for sharing all the info. Keep the updates coming!
Thanks for watching! I appreciate the support
Thank you for all the information which is very honest and informative information about your business. I loved all the work on the cookie cutters. Here do you prepare your other items? Is this on a cad website? Do you apply for the licensing? Many thanks for all your help.
Thx for sharing. Maybe i missed it, but it also depends how much time you spent. If it's a side gig, that's great
I definitely spent a lot of time on this side gig in the beginning, and as it progressed the hours have decreased.
Great video, Rome wasn’t built in a day. You’ve got 1000 sales easy, just getting warmed up.
Thanks! That's a good way to put it, still a lot to learn and grow!
Love your products, I think you should give makers markets a try with the cute keychain products. You would do really well, and lower per day cost, and if only go 4 days a month, your not investing that much time. We do it, and we love it. Clicker toys sell like crack!
Phenomenal breakdown thank you for giving all the numbers. I was blown away at how much advertising money Etsy manages to get. Why do they get to charge us for the listing and charge us for the advertising and charge us a processing fee?
Dang it I was thinking about doing a video like this! Guess I can’t anymore! ;) lol great video man! Ads are the best and the worst part about Etsy!
Based off your last video, it will come out more coherent than mine anyways so go for it 🤣
@ bro stop! Not at all this flowed very well!
I thought I was reading those metrics wrong at the beginning of the video the I saw later it actually cost him money
I thought no way this can be right but then I looked up who the CEO and key pro behind Etsy were and checked their early life sections on Wikipedia.
Berg, Baum, Witz, Stein, every single effing time!
Yup it all checks out.
Thanks for sharing. One factor you didn't mention was your time. How many hours do you think you spent on the revenue you generated? I still appreciate your drive an enthusiasm. There's only one place to go but up from here.... good luck in 2025, I hope sales are exponential. Ziggy
Not enough for sure, but luckily, It was just year 1 and I have other sources of income to cover the bills. Now to focus on my own designs and products so i'm not trying to sell things everyone else is and lets see how we do then! I appreciate your support!
Those ads helped you potentially get repeat customers as well. On Etsy, if I find a shop I really like I continue to use them. Even if the shop is a little more expensive at times. But, I never purchase without free shipping. If I buy something from your shop, I am going to buy the minimum. Plus, your expenditures are tax deductible. Most businesses don't make a profit for their first few years.
Kind of crazy if you think about it: the guy hustled all year, prepared and shipped hundreds of orders - and still made less money than the platform advertising his stuff (which for them is nearly free)
Great break down, thanks for sharing ,2025 will be massive for you! Its a nice idea to think you wont buy any more printers, but you will 🤣
I know, I thought about that as I was editing the video... growth=more printers, and more printers=more growth... hopefully 😆
A1 mini's are such a crazy value for how good they are. despite the small build plate but perfect for "small item print farms" i guess.
They are for sure a good option! It really is a great printer for the price.
Thanks for your honesty and for the video. I realise it was just year one but I can't help feeling that even so, it is a very small profit for so much hard work. I do wish you luck in year 2 but for me to work at it that hard with so little return I'd be giving up and trying to find something more profitable... perhaps that is why I am not in business :)
I am not a seller, but enjoyed this episode nonetheless! God bless your channel and business!
I really appreciate the support, thanks for watching!
A win is A win
First year and already black numbers? That's actually not too bad! The market currently is oversaturated as it is so this is impressive!
" Oversaturated Market " is a Myth, this only applies if you try to sell a carbon copy of something, if yours is technicaly the same but looks better you can gain alot out of " oversaturated " markets.
A big part of the equation is a persons situation, right? If you’re just starting off, have a regular job, and do it mostly for fun, you might not care about every dime. If you have a bunch of printers, employees, and depend on the business to eat and live, those dimes have a bigger meaning. It’s all relative.
Very interesting breakdown, thank you.
I would like to know how you actually price the items for sale.
When I watched this I also couldn't get the Taxman out of my mind and the other overheads such as lighting and heating of your workshop, shop rates, packaging, returns. It seems so hard to earn an income with all the overheads.
I truly hope you can make a living out of this.
Thanks, just a side hustle that im trying to grow. Most definitely could not live off of this but hopefully one day, between this and working on my own designs, we can make it work.
Great video! I will like to know how much time you put into your business ? How is your normal schedule? Overall great video! Very informative
The time spent in the product and etsy side of my business really depends on the time of year. Up until October or November, I was pretty much sending orders out every day when they came in. Then as things picked up to even 5 or 10 orders in a day, I would wait for a 2 or 3 days to package everything up so instead of 6 or 7 nights per week packing 5-10 orders, I will spend 2 or 3 days per week packing 25-30 orders. Then I can spend the other days letting prints run and restocking what I need to send out.
Hours spent on the business is a hard one for me because while it is a business, and should be treated as such, it is also my hobby so often I will have things going for the business or get things started for the business, then go and start playing around in orca, or finding new models to print out, work on a youtube video, etc. Schedule... I dont really have one, just when I feel like getting in the shop which lately, has been all the time.
Im a night owl so I typically get most of my work done from like 3 or 4pm to 3 or 4am, sometimes later (or earlier depending on how you look at it).
Great video. Thanks for sharing!!
Glad you enjoyed it!
Love your videos! It's very eye opening on what you need to do and how you need to prepare for sell 3D prints. My one question though is how many items did you start out with on your Etsy shop? Also did you pre print out some inventory or just print what was needed for the first couple months? I also am thinking of taking this leap and those are questions nagging me i guess you could say. Thanks again and can't wait for the next video!
I started out with 3 or 4 and slowly added more as I got more familiar with etsy and my printers. I always print out at least one of every product that I am going to list so I can see how it prints and tweak it if its not to standards. I also need the physical product for my listing photos so the customer gets exactly what they see in the photo. I see some shops using a color card with one sample product and color printed out, but that doesnt show the overall picture in my opinion. Sometimes its important to see how colors look when they are on top of eachother, like the paint bucket or pencil sharpener desk organizers that are offered in multiple colors with a single base color. Re reading your question, I also will print out a bed full of whatever im listing to at least make it an efficient use of the printer. Then ill move on to the next product and do the same. Once things start selling I can increase or decrease my on hand inventory as needed.
@@TheMountainMaker Thanks for the reply!!! I really appreciate it and look forward to more of your videos!!
Wild, I started in march and have made 68k in sales last year on etsy and 106k total between etsy and ebay. xD
That’s crazy, I hope you continue to grow in 2025.
My first 3d printer has just shipped. As I became more familiar with the hobby leading up to my purchase, the popularity of selling on Etsey, etc. became quite apparent (I was a 1st time buyer of a couple of Festool 3d printed products). Your video was very informative and well described. Thanks for sharing. I'm not sure selling online will be 'my thing' but I will bet you exceed your expectations... Good Luck!
Thanks for the kind words! I hope you enjoy getting into 3D printing! I know I came into it with one printer a little over a year ago to just make stuff for my shop and here we are a year later, with 9 Printers and almost 800 sales achieved. Im curious to see how I perform this year, with having Etsy ads turned off for most of my products, aside from any new ones I list.
Very insightful and amazing video! Wish you even more success in 2025!
Great video, it sounds like things are really took off for you this last year. I love looking into the numbers like this and deep diving into it. Do you think now that your Etsy store has more reviews and sales that this year you'll turn off the ad's or are you going to leave them as is or even increase the marketing cost?
I have shut them off on things like the dumbbells, and all the items where my ROAS was lower than 1.0, ideally id like to see 2.0 return over my ad spend but if im straight up losing money with them on, its not worth it. If its bringing in something, and getting reviews, sales, helping the shop grow, im ok with that. Hopefully we can cut the etsy ads numbers in half, and double or at least hit our 1000 sales mark for 2025
Very interesting overview, thanks
Thanks for the video man. Keep up good work. In 2 years I see you making nice money and switching to full time 3d printing business. You could also maybe try ebay and your own website to take more profit. That is actually what I plan to do. Your video helped me a lot. Ignore bad comments, they cannot see bigger picture. You basically have how much, 5 printer? in one year for free. You will rock in 2025. I just have one question though, why didn't you try to model something yourself or try to search for more products? I can see that more than half of your revenue is from 2-3 products. Maybe you can find something that is not sold that much in 2025 and bump your sales even more. Anyways, good luck. I subscribed and will follow your journey. I will start mine in next 2-3 months :)
I appreciate the support! I have been putting more time and effort into getting my own designs printed and will be selling them on my website and Amazon. The website is also something i've been redoing over the last week or so trying to get some more products added and push traffic there. Good luck with getting yours off the ground!
How do you go about what to sell? Do you model the print files yourself or buy then from other? Or can anyone use the print files from makerworld for example and start selling those prints on etsy?
For most of the stuff you see, i have links or I’m accrediting the designer in the Etsy descriptions. I’ve slimmed the Etsy down quite a bit and I’m starting to introduce my own designs but short answer is yes, anyone is free to find and use the models i am using or subscribe to a patreon or thangs membership to get a commercial license for the models that are not free for commercial use with attribution to the designer.
Great video! I look forward to trying Etsy this year. If you could only pick 1 platform, which would it be? Amazon or Etsy?
Knowing what I know now about both, I would go with Amazon hands down. If I was just starting out not knowing much, I think etsy is still the way to go because they are geared towards the smaller business/maker and have better tips and a far easier listing and selling process than amazon does.
But, using Amazon FBA, I can send the products in once and let amazon take care of the rest which lets me focus on doing some actual designing of my own and prototyping new things instead of purchasing or using free models to sell. I really want to focus more on designing and coming up with my own take on things for a change and amazon will allow me to do that more.
@@TheMountainMaker Thank you for the info. While Amazon wasn't in the future for me, it is now. Thank you again!
You can expense or choose to depreciate printers on tax return. Also, charge uncle sam for every penny used to make the money. Screws, nozzles, glue, all that stuff.
How much time do you put into the business? I assume you're not taking a paycheck, please correct me if I'm wrong.
hell yeah brother get after it 0:58
I love the content! I feel like one thing that wasn't mentioned was time. Based on the number of sales and profit you made
Thanks is for sharing! ❤
I'm glad you found it helpful!
How are you sourcing your products to sell? Are you designing them from scratch, Patreon, Printables, etc? Thank you for the video. Also, the camera likes to focus on the spool lettering behind you. Ahhhhh, youtube and creating!
Some of them are free for commercial use, and others are thangs subscriptions and i have a couple I’ve designed myself and working on some more for this year. I need to invest in a little screen for my camera so I’m able to see that from a distance. Sucks recording the whole thing and going into post and realizing you were focused on the text behind you 😆
Very informative. Thank you.
Get your 4x6 thermal shipping labels free from UPS. I just ordered their 6000 lot, will be here in a week totally free. Must sign up for a free shipping account. I ended up calling them to set it up. Hope this helps.
I’ll have to check that out! Thanks for the tip!
@@TheMountainMakeryes, never pay for labels
first year or two profit is usually pretty low for most types of business. And im sure you wasn't solely relying on this as your main income? love what your doing and like many ive got tons of questions
Very true!
Great video thanks!
Thanks for watching!
My business brain hates that you have to “waste” money on ads just to get the other sales. Makes me think all of these platforms artificially reduce performance so that there is ad spend. In the end it’s all financial/accounting games being played.
clear nice video! more of this :)
Thanks, More to come!
any advice on marketing on selling. i sell here and ther on facebook marketplace but not daily or weekly
For me personally, I don't use marketplace to sell anything other than things I am trying to get rid of, like an old tool, or machine, etc. I personally only browse the marketplace when I am looking for something locally that I can get today or tomorrow, yard sales and stuff like that. It's not to say others don't purchase things that need shipping, but for myself, if it needs to be shipped, i'd rather just order from Amazon, Etsy, the seller's own website... essentially a more trusted platform than Facebook Marketplace.
Did you start selling your items with amazon FBM first then FBA or did you jump right to FBA?
Hi, could you send me the big pencil sharpener file
Do you use a pin group on pinterest or just pin your things to your account?
Might be worth attempting calculate the depreciation of the machines. Yeah, power cost is 1c, but what about the cost of the machine per hour because it realistically has a set lifetime? (As impressive as they are).
Most businesses fail - so "a profit is a profit" is a much bigger deal than people realise. You definitely have a huge advantage moving into 2025... 1000 sales is way too low of a bar, IMO.
You're right, I definitely need to get better at figuring out the cost per hour to print and factor that into my pricing as well.
Definitely something I calculate in my system. I say basically I want the printer to pay for itself in about 3000 print hours. They will last longer but if they failed for whatever reason every 3,000 hours I can replace it.
Congrats on the success this year, i assume you still have a day job too?
Yes I do, TH-cam also recently started throwing me some love so that is another side of this business that I didn't cover in this video. I'm also an army veteran and receive a little something from uncle sam each month so that helps me out as well. I definitely could not live off of the 3D printing alone but looking to grow it in 2025 along with youtube to something that can help me leave me day job.
@TheMountainMaker thanks for your service! I think I caught the army bit after going back to an older video. I wish I could be self employed...but not sure I'll ever get there.
How does shipping work with etsy? If I understand you correctly then the shipping is taken from the money you would otherwise receive. Does this mean you can ship under Etsy's name and they provide shipping labels or do you still have to pay the shipping fee/costs?
For your information, I'm from Europe so I do not understand how shipping works in the US (or from where ever you might be from).
So in the US at least, when a customer orders from you, the amount of the sale, minus etsy's fee's get put into your etsy balance. Depending on how you have that setup, you get paid daily, weekly or monthly, and funds from that days sales will become available the following day (for established sellers). Inside of Etsy Seller is your orders tab, and inside of there is where you can see all your open, pending and completed orders. (Sorry if you're already familiar with how that part of etsy works)... At the top of the orders page is a button that says "Get Shipping Labels", where etsy will let you select one, or all of your open orders and choose a package size, verify the customers shipping information and any tariff info that needs to be applied to ship outside of your country. When you are all done filling out that information, you click purchase labels and etsy deducts that amount from your payment accounts balance. If you already have a $0 balance (say you just got paid out), etsy will put your account in the negative to cover the cost of those labels, and when your next sale comes around, it will replenish the balance, bringing it closer to, or back above $0. Realistically, you could ship using any platform, and just get everything from your etsy balance deposited every day, but then you are upfront, out of your checking account, paying for each label you print, versus using your sales in etsy to cover that so you arent taking anything out of pocket at that time. Etsy also gives you heavily discounted shipping rates, similar to ship station or pirate ship so its a win win. I think with Etsy plus, I also get slightly lower shipping rates than that of a normal etsy seller. Long response, but I hope this explains it a little more.
@@TheMountainMaker I think I may have misunderstood you and thought that Etsy would deduct the shipping costs from your revenue, but that doesn't seem to be the case here. Or it does and pays for a discounted shipping option from the deducted amount.
For some reason it sounded like Etsy would take the shipping cost and would then still make you pay for the shipping.
Thank you for the detailed and fast answer!
What's a good conversion rate? For every 100 views, you get 1.6 orders. It feels like how you are ad spending isn't targeting the right audience.
I ended up selling just under $13k in product for the year after etsy took their fees and removed the shipping costs. I got a little carried away with the etsy ads and should've shut them off on products where my ad spend was more than the revenue after a 3 or 4 month timespan. When it was all said and done, after ads, between amazon and etsy, we made just over $7k, then subtracting the cost of filament it was closer to $5500. Money doesn't account for the whole picture though, because like I said towards the end of the video, we now have over 150 5 star reviews and over 900 sales on our page, both something we didn't have going into 2024, so theres a lot more trust and confidence to buyers now than there was a year ago as well.
Very interesting video, thanks for sharing your journey. However, I think you are underestimating your costs and suspect you are working at a net loss. For example:
Personnel Costs: Salaries, wages, benefits, payroll taxes for employees - What are you paying your self for your time?
Operating Costs: Rent, utilities, office supplies, maintenance, property taxes - Is your business location free?
Legal and Professional Fees: Legal consultations, accounting services, permits and licenses - ?
Marketing and Sales Costs: Advertising, public relations, content creation, marketing campaigns - Ads cost money too.
Insurance Costs: Business liability insurance, property insurance
Inventory Costs: Cost of goods sold for businesses selling physical products - Both in filament and in warehoused goods
I only have a 3rd of your total orders, but I have 3x more revenue than you have, all with zero cents paid in ads, I've never ran ads or sales. It pays to have a product that nobody else has or makes, I have no competition. I sell my 3d printed products between $70-$200 right now. I don't need ads because my products are always at the top spot in my category.
796 sales with $5.5k net profit...I made more than that with just 71 sales last year. Ima say it now, selling other people designs isn't profitable or worth the headache. People should be creating their own unique products.
What do you sell?
@@therese_paula They won't say. They'll give an excuse like "You'll steal my ideas", but won't provide any verifiable information at all about what they sell. So as far as we can see, the claim may as well be utter nonsense.
Though I do agree with their observation that you'll likely make more selling your own designs. The problem with that, of course, is that it takes skill, creativity, and most importantly time, to build up a collection of unique products.
He is totally right unfortunately. You can’t live on the long run doing negative income and selling underpriced crowd available designs and cherry on the cake, useless gadgets.
What about running ads on your own unique product on Etsy? 😮
@AndyConnor_ I don't need to. My products sell themselves just by being what they are. Im always on the top spots on the 1st page in my category.
People on etsy run ads to try and get on the front page at the top, Mine are already there with no ads needed becasue oh how popular they are.
thanks for your assessment, im looking at entering this 3d field looking for advice on shud i get the A1 mini or the A1 combo to start with,
If you are going to go with one printer, and have the funds to go for the A1 combo, I would recommend it. I have a mini farm of A1 Minis because I found most of what I need to print fits on them, but I also have my P1P for the larger 256mm build volume and I purchased that before any of the Minis without the AMS, just the standalone P1P. It's got about 2,600 print hours on it right now and the only thing i've replaced is the nozzle to a hardened steel one.
@@TheMountainMaker Thx Logan really appreciate your feedback and QICK response, so nice to haave someone who speaks to us in easy understanding manner, much success
2025!
What should i do if etsy banned me for pretty much no reason? They denied my appeal any ideas on what i can do?
Etsy eats into a lot of the profit; imagine paying for ads lol, you're working for free at this point making money for the companies you sell on. I advised my wife to stop her Etsy store as it was wearing her out and was basically working for free after I calculated all costs associated with the making of the products.
nice video, now to fix your problem: Start selling higher priced items.
what about rent and utilities cost?
All that is taken care of by my other sources of income so that doesn’t get included in here. Utilities for the printers as far as electricity is around $30 a month though
When preparing your 2024 tax return, please be advised that you should not deduct the total cost of your printers in the first year of depreciation. Instead, depreciate them over a period of three to five years, rather than deducting the entire cost in the first year.
Furthermore, you have realized a significantly higher profit than you anticipated.
I have been running an Etsy for about 2 years.. Learned a lot from your video! Thank you for Sharing your experience!
How do you handle the Taxes?
Have you been able to figure out how many hours you have put into it all? How many hours a day/week your averaging?
What about sales tax? Does Etsy handle that, or is it another 6-8% cost not accounted for?
Etsy handles sales tax and distributes it to the proper channels. That is included in either the fees or the shipping portion of the payment account.
I did Etsy for about 3 years doing wood working. First 6 months was pretty slow but in time of the 3 years did over 2,000 in sales.. still have my shop but been vacation mode for about 2 years. Just can’t decide if I want to delete it or not. Was profitable every year but Etsys fees are ridiculous especially when you get charged for off sight adds because they are basically charging you double. To be successful at Etsy your products have to be on the first page when they look up that item which I had a few of. That lead to a lot of sales on other items as well. Buying Etsy adds are a waist of money. Tried it a few different times and even with the adds 99% of my sales were without ads. You need to work on your SEO to get your products easier to find. I feel like you are waisting a shit ton on adds.
How does income tax impact your profit?
why don't you do free pickup from house. I never go to PO.
You can make a lot of money with 3D printing but you really need the right product to do so.
Unfortunately 3D printing is quickly becoming a saturated market. The machines are becoming so easy and cheap and you pair that with people who have full time jobs that don't rely on 3D printing income so they undercut and sell cheap on etsy to try and capture sales to feel like a real business owner dragging the whole market down. Hence why etsy is typically a race to the bottom.
Thanks for the insight! Why are you using FBA, it is super expensive and FBM can be done like your Etsy Orders! I also think that you have to rethink your Etsy Ads spent. A ROAS under 2 is rarely profitably. To generate traffic/sales/reviews:okay. But after having these reviews you really should reconsider. Keep up the work!
Good point. Last company I worked at we ran both FBA and FBM with different pricing based on shipping. It gave customers the option and less dependent on what Amazon had available.
I signed up and went right for FBA, If we take out all the fill in the video and get right to the chase, I will be focusing on Amazon more-so this year than etsy because once I send the product in, its in their hands and I don't have to individually package and label each item when it sells, I can just check my app once or twice a week and restock when needed. I do like using Etsy for product research though because I can list something, turn on ads for a few weeks, a month and see how its performing, does it get sales, etc and then decide if its something I want to spend the time setting up in Amazon because it does take longer and there are more processes when it comes to the amazon side of it.
I ended up selling just under $13k in product for the year after etsy took their fees and removed the shipping costs. I got a little carried away with the etsy ads and should've shut them off on products where my ad spend was more than the revenue after a 3 or 4 month timespan. We now have over 150 5 star reviews and over 900 sales on our page, both something we didn't have going into 2024, so theres a lot more trust and confidence to buyers now than there was a year ago as well. I have turned off ads on most of the items I have listed, minus some of the newer ones but will be paying close attention to the details each month going forward
@@TheMountainMaker You have some good CODB tax deductions from those ad prices. I guess that’s the upside.
Etsy is an advertising platform not a selling platform. You're there to make them money not the other way around.
Tbh those titles and product photos are a bit off-putting. I’d guess you could get a higher conversion rate with a bit more attention there!