Update: This post was from January 2017, check out my latest earnings report that shows the entire year for 2017 – How I Earned $175,897.37 Online In 2017
Oh, hello 2017! Wow, I can’t believe it’s February already. AND, I can’t believe that my 2nd baby girl is due next month! That’s right, I’m preggo. I don’t know if I announced that on my blog just yet. So, SURPRISE!
Yep, that means that I currently work full time on my Etsy shop, I work on this blog, and I’m a wife and mother all at the same time. Maybe that’s why January went by so quickly?
Anyways, let’s get on with the monthly earnings report. Last month I did a report for the whole year of 2016. Just in case you missed it, check out how I earn six figures a year on Etsy.
And, don’t get me wrong – I’m not doing these types of posts to simply brag about my earnings, I’m writing these types of posts so that my readers can follow me on the path to success. I want to show others that earning a full time income online is absolutely possible. I loved reading these types of posts when I first started on Etsy, so I’d like to pay it forward.
So, how much money did I earn from Etsy in January?
$8,855.14. Before any expenses.
I set a goal at the beginning of January that included earning at least $4,000 because I earned a little over $3,000 in January last year. I’m so glad to see that I actually doubled my goal for January despite the fact that it’s been kinda slow for me. I guess there’s not much going on in January that people are ordering invitations for.
How do I earn thousands of dollars a month on Etsy?
In case you’re wondering what I actually sell on Etsy, I sell printed invitations for baby showers, bridal showers, holiday parties, etc. I did not go to school for graphic design, but I’ve been working with Adobe programs for years.
I first started out on Etsy in 2014 by selling digital files of invitations that people could download and take to a print shop. After a long time of busting my butt and saving some serious cash, I became the print shop! Now, I sell invitations that are designed, printed, and mailed to the customers doorstep. My shop has grown from earning $7.00 a day to earning over $1,000 in one day (but, only on some days 🙂 ).
There are a lot of factors that contribute to earning six figures a year on Etsy including SEO (search engine optimization), great product photography, excellent customers service, quality products, and much more! I’ll break down each category.
I preach about SEO (search engine optimization) constantly. SEO is without a doubt the number one reason why I get so many sales. SEO is basically a strategy of word placement that will help your items rank higher in search. So when someone searches for “Fall Baby Shower Invitations”, one of my listings appears on the first page of the search results. To learn more about SEO for your Etsy shop I’ve written an in depth article called 10 Tips to Improve Your Etsy Shop SEO and Rank Higher in Etsy Search.
Great Product Photography
We as humans are very visual. When given a lot of choices at once our minds tend to automatically focus on the one thing that draws the most attention. That’s why it’s so important to have excellent product photography. Use natural lighting and avoid photographing items on the floor! For my best photography tips check out 10 Product Photography Tips for Your Etsy Shop.
Excellent Customer Service
Providing excellent customer service is definitely one of my top priorities. I’ve had so much repeat business within the past year because my customers love that I communicate quickly and because I ship my orders out as fast as I can. I know that I’m not going to please everyone out there, but I try my hardest to do so.
To put it in simple terms, if I don’t personally like the quality of my product then I won’t sell it. I always aim for the highest quality product with an affordable pricing point.
Quantity of Products
If you have more products available for sale in your shop then you’ll most likely get more sales. This year I ended with over 800 products in my shop and I hope to have over 1200 products listed by the end of this year.
Offer Matching Items
Finally, my biggest tip that I have for earning thousands a month on Etsy is to offer matching items. So, for example, I sell printed invitations. This year I extended my product line to offer matching inserts for the invitations such as diaper raffle inserts, book inserts, games, etc. Doing this alone prompted my business to explode!
Here are a few more helpful blogs that I’ve written about selling on Etsy:
- What To Include in Your Etsy Shop About Section
- How to Become Successful on Etsy in 2017
- How to Price Your Handmade Items
- How to Get 5 Star Reviews on Etsy
What’s new this month?
This month I really busted my butt by producing more items for bridal showers and weddings. Bridal and wedding season typically starts to pick up in March so I will continue producing more of those products through then.
I also started working on my own website for my shop. I decided to create my own ecommerce website through Shopify. Shopify isn’t the perfect solution for what I need, but it’s better than what I currently have. Etsy will continue to be my main focus for a while.
What are my goals for February?
As stated earlier, I am starting to gear up for bridal and wedding season. Currently I have 892 products in my Etsy shop and I really hope to have 1000 products in my shop by the end of the month.
Looking back at last year it looks like I made $6,000 in the month of February, so I’m hoping to earn at least $8,000 this month. We’ll see how that goes!
Anyways, I hope that you have a wonderful Valentines day! Let me know what your goals are for February in the comments below!