Are you interested in starting an eCommerce business?. Do you wish to put your artistic skills into business?. See these profitable Etsy business ideas.
You can start some of these businesses with little or no capital.
Read on to find out more about these ideas.
Etsy Business Ideas; An Overview
Etsy is an American-based e-commerce business that offers artisans and craftspeople a platform to sell their handmade or vintage items.
It’s similar to a physical market where people rent stores or spaces and display their products for their prospective customers to patronize their business.
However, in this case, these activities are carried out online.
Also, it acts as a link between buyers and sellers which gives them grounds to transact business daily.
The handmade products sold on Esty include jewelry, bags, toys, furniture, home decor, and other craft-related products.
Furthermore, this eCommerce site is unlike Amazon, where the products are made, collected, curated, and sold by another seller.
In Esty, crafters or artists who wish to sell their product on this platform rent a shop online, display and market, and sell their product themselves.
At the end of each month, pay a certain amount for the virtual space.
In other words, Esty’s online market is like a typical marketplace where transactions occur between a buyer and a seller.
In conclusion, Etsy acts as the middleman for independent creators to find and attract customers for their products.
Future Of Businesses On Etsy
Esty platform has been existing for more than 16 years.
The eCommerce site was founded in 2005 by Chris Maguire, Haim Schoppik, Robert Kalin, and Jared Tarbell.
Meanwhile, Josh Silverman is the CEO of this online marketplace.
Away from that, there are over 4.3 million sellers on Etsy as of 2020, with 60 million products.
Moreover, there’s a growing demand for handmade or craft items as accessories or home decor.
As the need to own these items grows, the market grows, making the Esty marketplace an online platform with prospects.
However, your Esty business success depends on how well you handle the business.
That is about the future of the Etsy business.
Let’s take a look at the profitable Etsy business ideas we have.
12 Etsy Business Ideas
1. Start A Bakery Business On Esty
If you enjoy baking, you should consider starting an online bakery on Etsy.
Do you know that you can sell your baked items or baking materials on the Esty e-commerce store?
Of course, you can.
There are lots of bakers selling their baked products on the eCommerce site.
Additionally, you can also sell other bakery-related items such as baking equipment and ingredients on Esty.
So why not join the host of other entrepreneurs in your field to explore this digital business platform.
Meanwhile, you don’t need to have a whole bakery before starting this type of business.
You can do your baking in your kitchen, package it and send it out on order.
Your baked goods can include cookies, cakes, cupcakes, brownies, bread, etc.
Furthermore, you will need your baking equipment and materials for this business.
It would be best if you also had a smartphone or personal computer to manage your online store, take orders, and track the goods.
Another important thing you should know is that you should make a difference in your business.
There are a lot of bakers already.
Hence, you’ll need to identify ways to make your business unique.
2. Sell Jewelry On Esty
If you have that exceptional talent for making beautiful jewelry, you can easily put it into business.
Making and selling jewelry is another profitable Etsy business idea.
Jewelry is a popular accessory widely used to complement a person’s outfits.
Also, it is one of the most searched products on Etsy.
Jewelry has about 19,000 searches monthly on the eCommerce site.
Also, this is one of the easiest goods to be shipped because it’s small.
Meanwhile, it has lots of competitors because it is a popular niche.
Therefore, you would need to create unique jewelry set to stand out from your competitors.
3. Fashion Accessories
Another business that sells well on Etsy is fashion accessories.
This is because it is one of the needs of every human.
These accessories include sunglasses, belts, hats, watches, etc.
Fashion accessories are decorative items that complement one’s outfit.
The products are mostly in demand from both men and women.
If you have the skills to make any of these items, you can sell them on Etsy.
Furthermore, if you are a fashionista, you should know the trendy things people will want to buy.
Also, people are ready to buy fashionable items without paying extra for designer labels.
4. Clothing – Etsy Business Ideas
Starting a clothing business on Etsy is another profitable business venture.
It’s no news that clothes are one of the essential needs of every human.
Also, clothing is a profitable business idea suitable for Etsy.
You will need tailoring or pattern drafting skills to do this type of business.
Also, you will need some equipment and materials that you will use to produce the clothing items.
Moreover, there are different niches in the clothing business.
You can pick a specific niche and segment to focus on.
However, you’ll need to keep up with the industry’s latest fashion trends to succeed in this business.
5. Soap Making
Making and selling soap on Etsy is another profitable business idea.
This is also a business where products are in high demand.
However, you can’t start this business without going through the normal procedure.
Firstly, you should register the business because the products have a limited time before it expires.
It’s unlike the other business ideas we discussed earlier.
Before selling legally, you may need to inquire with the food and drug agency (FDA) and other statutory bodies.
Furthermore, if your products are organic, there is a high probability that your product will be in-demand.
This is because people are becoming more conscious of consuming and using organic products.
Lastly, produce high-quality and unique products to stand out from your competitors.
6. Candle Making
When it comes to making products, you should also think of candle-making.
It is one of the profitable businesses you can start on Etsy.
Candles have become one of the essential home decor items in our society.
Therefore, there will always be demands for it.
It is mostly used for;
- Weddings
- Birthdays
- Ceremonies
- Romantic Purposes
- Religious purposes, and so on.
This is one of the businesses that have high competition.
However, this shouldn’t be a problem for you.
You can personalize your products in a way that other people don’t.
You should use both your artistic and crafting skills to produce beautiful products.
If you are unsure about the type of candles you should produce, here are the top-selling homemade candles you can choose from.
- Soy candles
- Scented or aromatherapy candles
- Vegan candles
- Decorative candles, and so on.
7. Print On Demand (POD)
Print-on-demand is another profitable Etsy business idea if you have graphics design skills.
Designed clothes or materials have gained people’s attention in different locations.
However, the risk of this business is relatively low.
This is because you only get to deliver goods on demand.
If you want to have more orders on Etsy, you should create beautiful and colorful designs that prompt potential customers to patronize you.
Also, there are lots of materials you can print on, such as;
- Hats
- T-shirts
- Hoddies
- Scarves
- Backpacks
- Posters
- Mugs, and so on.
You’ll need a personal computer for designing and a good internet connection.
8. Digital Products – Etsy Business Ideas
If you are not the type that produces homemade goods but is tech-savvy, you can consider this business.
Digital products are arguably one of the high-demand products on Etsy.
Digital products help to solve a problem for people that needs them.
The beautiful thing about this business is that you don’t need a store to keep the products.
Also, you don’t need to package or ship it to your customers.
Your customers can get their products almost immediately after payment.
Furthermore, the products from this business are;
- PDF documents
- Photography
- Ebooks
- Graphics
- Digital arts
- Software
- Online courses
- Audio and music
- Web-based applications.
You will need an excellent personal computer good for designing digital products.
9. Sell Stickers On Esty
Selling stickers on the eCommerce site is another Etsy business idea.
Stickers are paper or plastic items with pictures or writing with adhesive on the back that can be pasted on a surface.
If you are interested in this business, you should be good at designing.
You should be able to use your artistic skills in this type of business.
Furthermore, selling stickers is a profitable business; you won’t need to dedicate your time to it.
You can make it your side hustle and continue with your day job.
Moreover, get the necessary equipment to do the business for you.
Additionally, you can sell both in print and in electronic format.
10. Furniture And Home Goods
Do you have the artistic skills to carve out
Getting into this business means you should also equip yourself with carpentry knowledge.
Furniture and home goods is a great business idea to do on Etsy.
There are lots of shoppers on Etsy who are interested in unique furniture.
You can even catch the attention of online shoppers if your designs are unique.
However, there might be problems with shipping furniture because it’s bulky.
You can make it easy if you produce it so that it can be dissembled and assembled.
Also, you can produce other home decors like wooden chain links, wooden cutting boards, wooden jewelry holders, and so on.
Overall, you should get the necessary equipment and resources before starting this business.
11. Plants – Etsy Business Ideas
Another profitable Etsy business idea is the selling of plants.
This is one of the artistic and lucrative business ideas in Etsy business.
Also, there is high demand for it.
You should consider this business if you are a lover of flowers or plants.
More importantly, you’ll need gardening skills to detect good soils for your plants.
Also, you should be good at grooming the plants.
You can plant the seeds in your compound, capture beautiful images and upload them to your Esty store to promote your business.
12. Baby Clothes And Accessories
Another Etsy business idea to explore is making and selling baby clothes and accessories.
Handmade baby clothes and accessories are in popular demand on Etsy.
If you want to start this business, you should be good at knitting and weaving wool.
You should also possess artistic skills to produce beautiful things to increase your chances of success.
This is because people love to dress up their kids cutely.
Therefore, they will purchase beautiful materials and accessories for their kids.
Another category you can dedicate your business to is selling baby toys.
How To Start Selling On Etsy
If you want to start this online business, you should follow some basic steps.
Moreover, you don’t have to be the producer if you can’t produce any.
You can simply connect with a reliable supplier and
Choose A Business Idea
The first important step you should follow is picking a business idea you want to work with.
There are various Etsy business ideas discussed above; feel free to choose from them.
Also, you should source the products you want to sell on the eCommerce site.
Sign Up On Etsy
You can’t just start on Etsy without becoming a member.
Therefore, you should sign up and register on the eCommerce site, become a member, and start selling your products.
Open A Etsy Shop
After you register and fill in your bio on the site, you should log in to your Etsy account and open your Esty shop.
Meanwhile, you will pick a name for your shop, country, currency, and language.
List Your Products
Another important step is listing your products on the site.
Take beautiful and appealing pictures of your products and stock up your inventory with them.
Also, you should list the price of each item and add a description to each of them.
Furthermore, select how you want to ship any of the products.
You can choose to set domestic and international shipping charges separately.
Finally, you can publish your content on the eCommerce site.
Advertise Your Business
Advertising is very important in any business.
Your business is visible to millions of shoppers on the Esty site, so advertising your product will be a good way to draw buyers’ attention to your business.
If you advertise your business, it will help you increase your sales and expand your business.
In addition, there are different ways you can advertise your Etsy business.
You can use Etsy ads on the site, social media, sales, and coupons.
Meanwhile, don’t forget to set your payment method and currency by submitting your account details to your Etsy account.
Conclusion On Etsy Business Ideas
Most of the Esty business ideas discussed above can be started at home and be a side hustle business.
Also, you can start the business according to the amount in your pocket.
Choosing the right business and entering the entrepreneur world is your choice.
If you don’t have any problem with any condition, you should get started immediately.
However, you should note that none of it is a get-rich-quick scheme.
Therefore, you should put your strength in the right direction to see the profit you desire.
Finally, you will reach your goal with hard work, patience, commitment, tolerance, and consistency.
Best of luck!
