The Etsy shop is a popular site perfect for small business owners.
It’s a great way to make money while staying in the comforts of your own home.
Here you may be considering selling digital downloads, believing that it is all passive money.
Let’s see whether it’s the best way for you to make money.
Etsy isn’t too different from most eCommerce courses.
Sure, their marketing makes some great promise you haven’t heard from the other eCommerce gurus, but at the end of the day, no magic bullet overcomes the massive pitfalls of this business model.
Let’s get something clear:
There is NOTHING passive about eCommerce, no matter how well most course creators sell the dream.
If you want that travel-the-world-making-money-while-you-sleep-laptop-lifestyle, eCommerce isn’t for you.
To run a successful eCommerce business, you need to be constantly on the lookout for new products.
Scouring the internet for hot trends and trying to find the next fidget spinner will take hours out of your day.
Not to mention, it’s not enough to just have the hot new product…
You also need to get the customers.
That means ads…
Lots and lots of ads…
Testing, tweaking, targeting, spending thousands if not tens of thousands of dollars before breaking even.
Not to mention, Facebook hates eCommerce, meaning one of your top traffic sources could shut you down at any time.
All of this leads to a very stressful life, not a lot of money, and a lot of time wasted.
Time that could be better spent so you can actually live the life you want.
Now, what if there was a way you could build a passive income stream that’s actually passive?
An income stream that doesn’t require:
- Physical Products
- Low Margins
- Long Wait Times
- Angry Customers
- Thousands of dollars testing different ad campaigns
An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000)?
An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day running ads, researching products, and trying not to get banned by whatever platforms you’re using?
If that sounds like something you’d be interested in, check out Digital Leasing.
This is nothing like eCommerce, and that’s probably a good thing.
However, if you’d still like to know more about Etsy, keep reading.
What Is Etsy?
Etsy is a virtual marketplace for handcrafted items. Along with Amazon and eBay, it is one of the largest internet merchants.
An Etsy store allows small business owners and artistic creatives to display their abilities while also earning money.
Etsy already has a big client base of people looking for digital items on the site. From the multitude of designs accessible, you might choose digital downloads that are valuable to you.
Etsy encourages human connection by cultivating a creative environment in which its community may purchase unique, handmade, or antique products.
So if your customer does not want to design, one passive approach to earn is to create digital things to sell on Etsy.
Why Sell Etsy Digital Products?
A creative’s ambition is to “make once, sell forever.” You just need to create once, and your work may be purchased several times from your Etsy store.
Etsy digital downloads are beneficial to both shoppers and merchants. It benefits clients by saving them time and money.
You may get best-selling digital downloads on Etsy and utilize the file in no time for a fraction of the cost.
Relatively Low Overhead Cost
Etsy merchants’ expenses are quite low after they have invested in software to generate their digital items. The listing cost is simply $0.2, and they are charged 5% of the selling price.
Time Saver
If you make physical products, you must repeat the procedure each time you get an order. You simply need to create your digital items once and then let the platform handle the rest.
Easy System
Etsy merchants may sell digital products and claim passive revenue as long as clients do not request that they personalize the product for them. They sell their merchandise even while sleeping.
It Is Fun To Do
This is a fantastic approach for artistic folks who are technological, to express themselves while also making money.
Convenient To Buyers and Sellers
Consider that there is no need to wait for the shipment or pay for shipping. Customers may get ready-to-go digital prints after making a purchase.
The built-in traffic simplifies selling for Etsy sellers; they just link their digital items and do not need to generate traffic.
What Etsy Digital Products Can You Sell?
The pandemic has elevated the importance of digital items, such as Zoom backgrounds for meetings, graphic design, or if you want to have an advantage while job looking, you may get professionally designed CV templates.
Wedding/ Events
- Invitations to a Party
- Tags for Gift
- Wedding Coordinators
- Wrapping Paper Designs
- Printable Cake And Party Decorations
- Thank You Cards
- Printable Cards (Birthday, Invitations)
Personal Organization Calendars
- Templates for Meal Plans
- Resume Templates
- Productivity Monitors
- Budget Analysts
- Sleep Monitors
- Class Schedule Templates
- Printable Planners
- Digital Planners
- Self Improvement Printables
- Cafe/Restaurant Printable
- Design templates
Business
- Stickers that are digital
- Cosmetic/Product Labels
- Logo design
- Customized Invoice Templates
- Clip Art
- Branding Kits
Branding Kit Digital Products
- Website Themes and Templates
- Purchase Order Forms
- Cards for Business
- Templates for Excel
Home Use
- Wallpapers
- Digital Art Prints
- Custom Portraits
- Printable Wall Art
- Pantry Organizer Templates
Learning Materials
- Learning Materials For Children
- Notebooks
- White boards
Social Media Templates
- Pinterest Templates
- Zoom Backgrounds
Hobby
- Patterns for Sewing
- Ebooks and manuals
- Workbooks
- Presets for Lightroom
- Crochet/Knitting/Embroidery/ Patterns
- Recipe Cards
- Kids and Adult Coloring Pages
- Clip Arts
- Digital Papers
- Photography
- Digital stickers
Cellphone Presets
- Phone Wallpapers
- IOS Icon Pack
Is Selling Etsy Digital Products Profitable?
Because you have a minimal overhead cost, it is profitable. You have a better chance of selling since the demand for digital items is growing.
When compared to selling things in a physical shop, the cost is little. The beginning cost is low, and Etsy fees are inexpensive as well; subtract these plus the cost of licensing the product, and that is your profit.
It is profitable, but you also have to consider that you need volume to enjoy substantial profit on this platform.
Things To Consider When Picking Which Digital Downloads To Sell
Before you start selling digital items on Etsy, you need prepare and think about a few things.
Find Your Skills And Passion
When you can connect your passion and expertise to market demands, you’ve found your sweet spot. You’re content. They are content.
Do A Market Research
Finding a high-demand product with little competition is the best-case situation. You may do this by conducting a market analysis.
You might begin by looking at the top keywords in the Etsy search field. If you input “templates,” it will generate a list of digital files that are likely to be in demand or sell on Etsy.
You may find “social media templates” or “website templates” on the list, which will give you an idea of what digital products sell on Etsy.
You may also look at products that sell well on eBay and Amazon.
Consider If You Want To Sell Seasonal Or Evergreen Items
Evergreen goods, such as digital wall art or gift tags, are always in high demand. Seasonal items, on the other hand, are popular exclusively at a certain time of year, such as Christmas Cards.
Consider the market gap you can cover; maybe start with evergreen items and gradually incorporate seasonal ones as your Etsy business grows in popularity.
Stand Out From The Crowd
Although Etsy now has hundreds of merchants, selling digital things is a difficult task. To guarantee that your items sell, you must stand out from the crowd.
Is Etsy A Scam?
So, is Etsy a scam? Not technically. You can make money with this program, but it’s definitely not as easy as Gurus makes it sound.
There’s a ton of work to be done upfront, no real guarantee of success, and – most importantly – you need to do a ton of volume to make any real money.
Now, there’s nothing wrong with front-loading the work and making the money later.
But if you’re grinding it out for 3 months, $3-5k in the hole on ads (because that whole “get started with $5 a day” thing is total BS) and then your reward is 15% profit on a $12 product (which comes out to $1.80), it’s not really worth it.
What if, instead, you could do that same 3 months of work (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month?
And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?
And what if you could double it next week?
Well, that’s the power of Digital Leasing.
And, unlike eCommerce, you can legitimately do this from anywhere. It’s a true lifestyle business.
Your laptop and an internet connection is all you need.
Some of the most successful students in this program run their entire 6-figure businesses from:
- A camper in the middle of the woods
- A beach chair on the water in Mexico
- A small villa in Greece
They’re able to travel around, living their lives first, and focusing on their income second.
Because even if they stop working for an extended period of time, the money keeps coming in.
So adventure, memories, and experience are the top priority.
And they never have to worry about how to pay for the next trip, or consider asking for time off.
If this sounds more like the type of life you want to lead, just click here to find out more about Digital Leasing.
Are There Alternatives To Etsy?
Yes, there are plenty of eCommerce programs and resources to choose from if you want to pursue this business model. Here are just a few:
What Is My #1 Recommendation To Make Money Online In 2024?
Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.
While there may be no “perfect business”, the research IS conclusive:
Digital Leasing is the #1 online business model for those just starting out.
Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Leasing is for you.
Why?
1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Leasing business.
And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.
Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.
This is only possible if you have an income stream that’s not tied to your time.
2) You Own & Control EVERYTHING: With eCommerce, you don’t really own anything. You have no control over the quality of products. You don’t even own the products because they go straight from the supplier to the customer.
Yes, if you’ve got a Shopify store, you technically own that. But if every ad platform suits you down, you’ve got a store with no customers. Which is literally worthless.
With Digital Leasing, you own the assets, which means you have all the power and all the control.
3) Little To No Startup Costs: It’s possible to get into Digital Leasing with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.
Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.
4) No Inventory: Ok, so technically you don’t have to worry about inventory since you’re not filling up your garage or a warehouse with products.
But, you still have all the headaches of a physical products business.
Since most dropshipped products come from China, you already have a 2-3 week wait time from when a customer places an order.
But right now, with global supply chain issues, your customers would be lucky to get anything in less than a month.
Imagine finally landing your first customer after months of experimenting, and then getting hit with a refund request or chargeback because they had to wait 6 weeks to get their order.
With Digital Leasing, a 100% online business, you never even have to think about that risk.
5) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).
Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.
Because you have more knowledge, more experience, more results, and more momentum.
If you wanted to double your income with eCommerce, you’d have to double your inventory, your profit margins, OR your average order value. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.
6) Make Money Helping Real People: This part is what makes it all worth it. 99.9% of the time, eCommerce provides no value to anyone but the seller.
In a lot of cases, it has a negative impact on the customer because of poor product quality and an overall bad experience (i.e. waiting 6 weeks to get your order).
And that makes it pretty hard to sleep at night.
But with Digital Leasing, you’re actually helping people by solving your clients’ biggest problem:
Small, local businesses need more customers, and with Digital Leasing, you are unleashing a flood of happy, paying customers for these businesses.
You make money by helping them make money.
Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.
Once you see how Digital Leasing makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.
Now, the choice is yours. You could continue browsing, looking at opportunities like Etsy which could one day make you money.
You could continue researching, never making a decision.
OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Leasing.
A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.
All while genuinely helping real people who are grateful and happy to pay for it.
If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Leasing.
