You’re considering starting an Etsy shop after you’ve read about how fuss-free it is to start an Etsy shop without making anything, but what’s holding you back is the question – how much do Etsy sellers make?
In gist, if you put in the time and effort, the average seller should be able to make $43,000 to $46,000 a year. But if you really double down on your efforts, you could join the ranks of top earners, making over $65,000 a month!
Don’t believe me? I’m about to share with your some Etsy income reports to show you how much can you make selling on Etsy. As long as you can get a sense of what sells well on Etsy, and you’re willing to put in the work, reaching these figures isn’t impossible.
Need some inspiration to get cracking on your Etsy shop? Here’s a quick look at some of those figures:
Read on to get an idea of how these Etsy sellers got there, how to start making some serious money on Etsy, and see if it’s possible to earn a full-time income off Etsy.
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If you are super busy and you want to start making money selling digital products on Etsy asap, you can check out this and this Etsy course, that will step up your Etsy game and start earning within 3 months!
Alternatively, you can also check out this free Etsy Ebook that will share a list of best-selling products by month and teach you how to capitalize on seasonal trends to make sales.
How Much Do Etsy Sellers Make?
If you’re wondering how much does the average Etsy seller make, it is somewhere around $43,000 to $46,000 a year. Of course, this is highly dependent on a number of factors.
These include whether or not the Etsy seller has put in the work, whether it’s their first shop, whether the item sold is in demand, high quality, and so on. There are a lot of factors influencing how much do Etsy sellers make really.
Some of the top earners on Etsy can even make well over $65,000 a month. Yes, you read me right. It’s A MONTH.
Etsy Income Reports
Even if you don’t take my word for it, the proof is in the pudding, so I’m going to show you just how much money do Etsy sellers make by sharing with you a few Etsy income reports across the different income ranges.
1. ESDeaIncBoutique – $4,000 A Year
Samantha Dika shares her honest take on selling African-printed products over three years on Etsy and shares her income reports from each year.
She made close to $4,000 in her best year and also includes a breakdown of what worked for her and how she’s been trying to improve sales and putting more work into the shop in the upcoming year like optimizing her listings.
2. The Income Journey – $7,000 A Year (Close To $600 A Month)
James Beattie gave himself a challenge and started an Etsy store for 30 days selling items like t-shirts and mugs. Within 30 days, he received 710 visits and a total of 30 orders, earning him $581.50 in a month, close to $600 a month.
3. LoveLissy – $16,000 A Year
Alisa made $16,000 in her first year while juggling her full-time job selling customized champagne flutes and wine glasses.
She provides a detailed breakdown of her actual revenue and profit after fees, material costs, and taxes, bringing her grand total for a year to $16,000.
While it may seem like a small amount, this first year’s earnings helped her get her Etsy shop going and help her move out of her family home, and it’s also proof that everyone starts from somewhere.
4. Shay Budgets – $30,000 A Year
YouTuber Shay shared that she earns $30,000 a year after running her Etsy store selling items like budget planners, and budget kits to help others manage their money.
5. FuzzyandBirch – $48,000 A Year ($4,000 A Month)
Jenni Waldrop, behind the shop FuzzyandBirch, which sells gifts and home decor, earns $4,000 a month, which works up to some $48,000 a year.
6. Shop Handmade Journey – $53,000 a year
Jami King whose shop ShopHandmadeJourney specializes in wine and whiskey tumblers with fun quotes on them. Her shop made over $53,000 in her first year, which is really impressive for a first-time seller.
7. Goober Prints – $80,000 a year
Goober Prints is a shop selling customized clothing. Troy Parker, who started off his Etsy gig as a side hustle while juggling his full-time job, started off with $10,000 a year, but this quickly jumped to $80,000 the following year.
There are a ton more Etsy income reports you can find online with sellers sharing their first-hand experiences of selling online, what worked for them and what didn’t.
The experience differs across everyone depending on what you’re opting to sell, the demand for that item, as well as the amount of work you’re putting into the shop.
But what’s clear across these sellers is that once they figured out what wasn’t working for them, they drilled down into the issue, figured it out, and fixed it, and this typically led to better sales the following year.
So the next time someone comes up to you and asks how much do you make on Etsy but you might not have an answer yet, show them these income reports as proof of how much do Etsy sellers make and trust that with hard work, the right products, and optimized listings, you’ll get there!
How To Make Money On Etsy
Making money on Etsy is clear-cut. You just need to follow these steps:
1. Create A Product In Demand Or One That Matches Search Intent
Sometimes you may have spotted the trend unwittingly or you realize that what you are interested in matches what people seem to be asking for, like modern calligraphy invitations or meal planners.
Other times, you can spot demand and trends by using a keyword research tool like Sale Samurai (use the code outandbeyond, all lowercase to get 20% off for life!) or KeySearch (use the same code OUTANDBEYOND, all uppercase this time, for 30% off).
2. Set Up Your Etsy Store
You’ll then be asked what you want your shop language to be, the country you’re based in, the currency you’re selling in and your shop name.
Once you’ve set up your shop on the desktop version of Etsy, you can download the Sell on Etsy app to also manage your shop on your mobile.
When setting up your store, you want to make sure you are using good keywords and tags for your items, as well as good quality photos.
Always also make sure that you have extremely clear policies for your store in the event of returns, exchanges, refunds, and shipping disagreements.
3. Market Your Etsy Store
No one is going to know about your store and buy from it if you don’t market it and get the word out there. Promote your shop on social media, and on channels such as Twitter, Instagram, Pinterest, and Facebook. You can also take out paid ads on these platforms to boost your posts and promotions.
Other ways of marketing include using the promoted listing option or paid advertising on Etsy in order to get the word out. This would help you increase your visibility on Etsy, and in turn your sales figures because more people now know about your shop.
If all else fails, don’t forget to reach out to family and friends to ask them to support your Etsy business. They don’t necessarily have to buy from it, but you could ask them to get the word out to their friends or people that might find your product useful.
4. Sell Enough Items To Cover Your Costs Over Time
This one’s a no-brainer. How much money can you make on Etsy pretty much depends on how many items you sell, above your operating costs.
If you don’t sell enough to cover your costs, then you don’t earn.
5. Look At Your Data, Update And Repeat
If you want to earn big bucks off your Etsy shop, then you need to think like a business person. Treat it like a real shop and always look at where you can improve and optimize.
One way would be to study your shop statistics and find out what items are doing well and which aren’t. You can also study your top-selling competitors and look at what type of keywords they’re using or how they’re marketing the product to stay on top of the game.
Always be open to feedback from your customers and aim to go above and beyond when it comes to customer service, especially with your first few customers. Their reviews could make or break your business.
Lastly, you’d want to make sure your items are well-organized, like a legitimate business, and that they’re regularly updated so regular customers always have something new every time they come back to the shop.
The more you update, the more likely customers are also able to see that your shop is active and more persuaded that you are a credible seller.
Is Selling On Etsy Worth It?
Selling on Etsy is extremely worth it, especially in 2022 because it is by far one of the quickest, most affordable, and simplest ways to get your handmade and hand-crafted items and digital products online, complete with a shopping cart function for easy check-outs by customers.
Selling on Etsy remains one of the most low-risk options for sellers because it doesn’t cost any money to set up a shop, and is extremely fuss-free even for beginners.
Can You Make A Full-Time Income On Etsy?
It is one hundred percent possible to make a full-time income on Etsy. Etsy is not going to help you get rich immediately, but if you’re wondering how much can you make on Etsy, then the quick answer is yes, you can eventually make enough money to replace your full-time income.
But it will take time, effort, hard work, and patience to get there. If you’re unconvinced about how much do people make on Etsy, I share some tips on how to get your first sale on Etsy and how to triple your sales on Etsy here!
FAQs On How Much Do Etsy Sellers Make
Who Is The Highest Paid Etsy Seller?
Alicia Shaffer is the highest-paid Etsy seller, and she’s living proof of how much money can you make selling on Etsy, commanding a solid $70,000 in sales in a month alone. Her shop has earnt her almost $1 million off Etsy.
What Is The Highest-Sold Item On Etsy?
There are a number of top-selling items on Etsy. They are typically items in these categories:
- Clothing And Textiles
- Craft Supplies And Tools
- Home And Living
- Personalized Items
- Spa Products And Handmade Cosmetics
- Wedding Items
I hope now you have a clearer answer to the question of how much do Etsy sellers make and that you’re convinced that it is completely possible to make a living off of Etsy, as long as you’re willing to put in the work and sell the right items that people are looking for.
Earning off Etsy is definitely not some get-rich-quick scheme and as I’ve shared above from the various Etsy sellers and from my own experiences, you’ll see that it does take patience for the numbers to climb up.
But I can also assure you that once you have gotten a hang of things on Etsy, it isn’t as complicated and unattainable as it seems. I mean, I’m not great with tech and I managed to figure out how to start an Etsy shop and start selling.
If you still need a little prodding along, here’s a course that helped me in my journey to learn more about selling printables on Etsy. I felt this course was a great aid for me in kicking things off, and maybe you’ll find it useful too!
Take that leap and start that Etsy shop and let me know how you go or share your Etsy shop link with me so I can see if my tips worked for you! You can do it!