How To Sell Printables On Etsy For Passive Income
Have you ever considered starting an online business selling digital products? That is an etsy digital downloads store.
You may have even heard people talk about how to make passive income in your sleep and wondered if that really is a possibility.
I was also in the same boat. In fact, I really questioned the reality of making money online and whether the numbers people were quoting were actually true.
It wasnt until I decided to start selling digital products on etsy that I soon discovered that this little side hustle was actually quite lucrative.
Etsy is a wonderful platform that can help you start a side hustle that can grow into a full passive income stream or an online business.
If you have been considering whether to start an online business specifically on Etsy, then this is the guide for you.
I will share the process of starting an online business on Etsy selling digital products and will share my experience of selling printables and templates over the last three years.
What are Digital Products?
Simply put, digital products are goods that are created, sold, and used in electronic format (a digital format). It does not have a physical form and can only be sold electronically. They include things like ebooks, worksheets, printables, templates, online courses, audio, software etc.
They are great because they offer convenience, accessibility, and a wide range of benefits for consumers and businesses alike. Today, we’re going to guide you through the process of understanding what digital products are and helpiing you decide whether you want to start an online business selling them
Even if you’re already selling digital products, you might discover a new income stream to add to your growing business.
Why sell digital products versus physical goods?
Choosing digital products comes with a host of benefits, which makes them more advantageous than physical products.
Unlike phsyical products, digital products:
- Have low costs. You don't have the costs of procuring, storing and shipping your products.
- Have high profit margins. Most costs are minimal and any recurring costs are low, so you retain a high proportion of your sales as profits.
- Can be accessed instantly. Unlike physical products that have a shipping time, digital products are available instantaneously after purchase as they are sent out electronically.
- Open to a global customer base. For creators, digital products offer a platform to sell your work to a global audience and generate passive income.
Start Your Digital Product Business Today!
Use our FREE framework to identify the right digital product for you and how you can make and sell in one day!
Is It Worth Selling Digital Products On Etsy?
So many people ask is selling digital products on Etsy profitable? Yes absolutely.
Etsy is a global marketplace with approximately 81.9 million active buyers who generated approximately $1.72 billion in revenue in 2020.
In comparison, Etsy only has 4.36 million active sellers, which means there is to make money online. There is also greater opportunites to make even more money by niching down and finding areas with high search volume and low competition. I did exactly this and I have seen great success with this.
I remember wondering how much can you make selling digital downloads on Etsy?
And I was really shocked by how much money I made selling digital products on Etsy.
It still amazes me that, I have managed to make over six figures in under 3 years selling printables priced at less than $2.
And the beauty is I have scaled the Etsy shop to now making passive income. Which means, I spend an average of less than 1 hour a day answering customer enquiries and analyzing my listings and my shop still brings in between $3k - $7k per month, passively.
A preview of one of my Etsy Printable Shops
How To Sell Digital Products on Etsy
To sell digital products on Etsy, you should search/ create products that people are looking for, i.e. high demand.
Too many people make the mistake of selling products they like rather than what their customers want and they never make sales.
To avoid this, I want you to make the most of the Etsy search bar to find products with high demand and low competition to increase your chances of success and making passive income.
The steps are pretty simple, you need to search for products with longer titles. This means instead of creating a generic product, you can use the etsy search bar to discover exactly what specific products people are searching for and selling that.
For example, when you search calendar in the etsy search bar, there are many search results with different calendar options for buyers including physical calendars.
But, if you instead search for "printable calendar 2024" you will now only find sellers who are selling what customers are searching for and you have a much better chance of making sales.
Focus on creating digital products with longer-tail keywords to make more sales
List of Digital Products To Sell On Etsy - What sells well on Etsy digital?
Finding the best digital products to sell can be daunting when you don't know where to start. So here are a list of digital products I think are worth selling on Etsy (but you need to do your own research).
Here are some of the best-selling digital products on Etsy:
- Wedding Planners & Printable Sheets
- Food Diaries
- Product Labels
- Design Stickers
- Printable Planners
- Funny Mug Designs
- Planner Accessories
- Digital Planner Stickers
- Crafting Patterns
- Menu Templates
- Funeral Service Templates
- Party Games
- Habit Trackers
- Business Templates
- Budgeting Templates
- Sewing Patterns
- Resume Templates
- Website Templates
- Social Media Templates
- Self Improvement
These are the best file type for etsy digital dowloads.
How To Maximise Sales On Etsy
To ensure you make sales on Etsy, you should focus on Etsy SEO (search engine optimisation). This is the method you use to ensure your products are placed in front of the right customers. ]
If done correctly, this is one of the best ways to make daily sales on your store.
To do this, we focus on the things the Etsy algorithm really likes. That is Keywords, Tags, product listings and descriptions.
For keyword research, you want to make sure you are using words or phrases that your ideal customer will be using in the search bar. Like mentioned above, you want to use longer keywords to ensure you are providing the exact solution to your customers needs.
Etsy tags are also incredibly important in improving your etsy listings and search ranking. It is essential to use all 13 tags with the right keywords for your product.
It is also just as important to ensure your product listings and descriptions are optimised for your customer. This includes writing great description with the right keywords, high quality photos with the products and any infomation about them.
I show you how to do this well with my Etsy Starter Toolkit
How to Create, Launch and Sell Your Own Digital Products on Etsy!
Finding the best digital products can be a challenge, but at Digital Products Central, we’ve curated a selection of top-tier digital goods. Whether you’re looking for a freebie to get started or premium paid products to elevate your digital experience, we’ve got you covered.
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ABOUT ME
Hi there 👋 My name is Yvonne Hudduma, a self made business owner teaching others how to sell Digital Products & Make Money In Your Sleep - From 0 to 70k+ sales & 1% Etsy Seller With Easy To Make Digital Products | Free Resource In Bio Link
