Etsy is an online community where you can buy and sell goods with a focus on vintage products and hand-crafted items. The majority of goods sold on Etsy include jewelry, housewares, baked goods, arts and crafts and artisan candy. If you would like to sell items classified as vintage, they must be 20 years old or older and they can include clothing, jewelry, costumes, housewares and photos. One of the biggest advantages of selling goods online through Etsy is the ability to set up a customized e-commerce store using a clean and simple set-up wizard. If you want to create your own online store without all the hassle of setting up your own payment system, Etsy provides you with a payment system, and as of this writing only charges $0.20 per item listed. Additionally, Etsy has a deal that lets you set up a direct checkout system for a 3 percent fee per transaction. To start your own e-commerce store through Etsy, you just need to create an account and fill out the fields in the account set-up process. You will then need to decide what you want to sell. Although Etsy allows you to sell a wide range of products, you should stick to a specific niche or product in the beginning while you learn how to optimize and market your new e-commerce store. Etsy
- Etsy provides you with a handy seller's handbook to help your business grow.
- Etsy lets you manage your business from one easy-to-use platform.
- You can create your own custom website in a manner of minutes.
- You can sell goods as a wholesaler.
- Very simple to set up an online business as an entrepreneur or as a hobby.
- Setting up an Etsy store does not require any advanced technical skills.
- Etsy provides you with built-in traffic and followers.
- The cost to start a business is very low.
- The marketplace is very competitive with hundreds of sellers competing against each other.
- Although advanced technical skills are not a requirement, it is labor intensive trying to learn how to market your business.
- It is difficult to rank your store in the search results on Google.
- Etsy takes a percentage of your profits.
- Etsy Additional