My Take on Quitting Etsy
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- čas přidán 16. 06. 2024
- This is my take on quitting Etsy in 2024...
In this video, I break down the reasons why many sellers have chosen to close down their Etsy shops and what you should do about it.
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👋 WHO AM I?
Welcome, friends! I am Dylan, a multi-six figure Etsy & Shopify seller. My Etsy shop ranks in the 0.1% of Etsy shops worldwide and we reached $1M+ in sales in just 5 years. I am here to provide value to YOU through tips and tactical advice, either to start your new Etsy shop or to grow your current Etsy shop to the multi-six figure level and beyond. There's no fluff here - only tactics that add to your profit and save you time!
⌚︎ Timestamps:
0:00 - Introduction
0:30 - AliExpress
1:09 - Etsy Fees
2:22 - Customers
4:01 - Shutdowns
5:49 - Will I Be Leaving?
why are people quitting etsy, closing my etsy shop, this is why people are leaving etsy 2024 - Jak na to + styl
Schedule a free chat with myself and my team to learn more about how our 1:1 coaching works. We will take you inside the program and show you everything! ➡️ calendly.com/dylanjahraus/program-strategy-call
It's not your job
Hey @dylanjahraus I had etsy account for a long time about 6-8 months ago I got email that they are going to suspend my account for good due the fact that my merchandise isn't qualified as handmade but all my products are handmade. We did everything possible to reinstate the account. Unfortunately, we keep getting truned down. What can I do to get back the account if it is still possible. Please kindly help anything will be highly appreciated 👏 thanks
We've been selling handmade jewelry on Etsy since 2015, but this has been our worst year so far. We've had just one sale in the past three months, and our listings are nowhere to be found on Etsy. The first page is dominated by fake and synthetic jewelry
I'm sorry to hear that. What do you feel you need at this point so you can increase your sales?
Same. I was a 6 figure turnover store annually 3 yrs running and now one sale a week…
Our team can help you diagnose what’s exactly wrong. You can book a call with us through this link:
calendly.com/dylanjahraus/program-strategy-call-cielo
That's exactly what's happening to me. I used to sell between 5 and 10 items a week, but i didn't sell anything over the past 3 months. This is so depressing.
Have you checked what might be making sales drop?
Thank you for posting this! I just opened my etsy shop a few weeks ago. Out of nowhere, I’m seeing in my feed all these videos about getting out of Etsy. It was making me crazy! You’ve brought up so many good points and I’m better now 😊 Thank you ❤
So glad to hear that! Yes, it's important to consider all options objectively and to understand the value that Etsy provides vs alternative options.
It’s sad that you would quit something because someone else is.
@@Kentarius I believe you misread my post. What’s truly sad is when others take things out of context and then comment.
Hey there! Can I ask just how things are going with your shop so far? Just wanted to check-in. :)
Hi! Just watched the replay to see how your books are progressing! They both look so good!!! Well done and fabulous series! Love all the tags and pockets…like a treasure hunt in a book!
Hey there! Thanks for tuning in and for your lovely feedback!
Thank you so much Dylan from the bottom of my heart for making this video ( and all the other videos ) !! I have a shop since 2018, it was going good at the beginning but then sales started to drop, so did my hopes and effort, but recently I decided on going back to putting a lot of effort to make it work, with all new products. I also started another shop recently, but all the negativity around Etsy these days was about to demotivate me again, but thanks to you , I got my hopes back up!! Totally ready to push harder to get my shop going again! Thanks again
Glad to hear that! Keep pushing. You can shoot me a message on IG if you need any help. My handle is @DylanJahraus or you can schedule a free chat with me and my team here - calendly.com/dylanjahraus/the-ultimate-etsy-course-qualification-call-f
Thank you for this take on ETSY. I have not opened my shop yet and was worried with all the info I have heard. I agree with all your points. Thanks for the proactive tips for setting up.
Thanks for tuning in and sharing your thoughts! Don't let the info overwhelm you. Take it step by step, and you'll do great when you open your shop. Keep me posted on your journey!
When it comes to Etsy fees, don't forget the sales tax part. They collect it from the buyer and then submit it to the appropriate state on your behalf. I've sold to all but 3 of the lower 48 states in my 13 months on Etsy. I can't imagine having to manage the bookkeeping of sales tax for 45 different states. As an added bonus, Etsy gets you reduced shipping rates with the post office.
At the moment, Etsy fees amount to 13.6% of my gross product sales. That's just product sales, not sales plus whatever is collected for shipping and sales tax. For everything you get, payment processing, marketing, sales tax handling, etc., that's a pretty good deal.
Except that if you get a sale through Etsy ads, then you're hit with another 17% out of your profit. 30% fees on a sale.
@@edennis8578 that’s true but I’ve only had 2 of those kinds of sales this year, out of 120+ sales. That 13% that I mentioned has those two sales included. About $11 for those 2 ad sales.
We can show you how to build your shop and drive traffic organically. I would be happy to share more with you if you would like.
Every state has a threshold when it comes to taxes. You don’t report taxes directly to a state until you hit a number of sales and/or a minimum of money.
Wow, that was so helpful thank you!
Glad my video was helpful! :) You have a shop already?
I never understood the hate on Etsy fees. All the fees combined are less than $3, which beats paying $30 a month for your own website domain. Like you said, you’re being exposed to millions of eyes everyday and can easily come up in search results if you do your SEO properly. I’ll gladly take this over having to make my own traffic which can be difficult sometimes.
Great positive thinking! Plus, think about the potential revenue you'll earn, right? That's a win-win!
My website costs 120$ a year) And fees on Etsy on Ukraine are 17% without ads) But I still try to sell the despite is less profit for me.
My website is Woocommerce and free because I already have hosting. I sell $3 supplies. I got an order for one $3 item from Australia and shipping was $20. Etsy takes 6.5% shipping cost so I realized I have to stop selling internationally because I lost $ on that order. So Etsy fees are too high in my opinion but I get more sales on there so I definitely won’t quit selling on there I just have to stick to US only.
3 dollar feees I wish
TRY 35 $ for the ad fee
Plus 20-50$ of the fees
Plus the taxes
70$-160$ is what they take from each of my sales ….
Do you have any pricing tactics or strategy in place to help counter this?
Great Video Dylan. I am launching my store and will be in touch with getting mentored through your course once I figure some of this out.
Thank you! If it helps, how about scheduling a free chat with me and my team to explore the options that you can apply to your Etsy journey?
Here's the link - calendly.com/dylanjahraus/the-ultimate-etsy-course-qualification-call-f
@@dylanjahraus I would love to, but right now, I'm decompressing from watching soooo many different influencers giving advice on starting a POD business. You are the only one I still subscribe to. So far I've decided to focus on ONE single niche (Retirement) and learn all the ins and outs. I do trust the advice that you have given and follow quite a bit of it. I redesigned my shop banner to focus more on my best designs as opposed to my shop name, and I am following your advice on long tail keywords. I look forward to opening my shop soon and signing up with you to learn more.
I need this business to be successful as I am visually impaired, and having a traditional job is just not going to work. Thanks for replying... Paul
@@felixthecat9347 Thank you! I'm thrilled to hear you're implementing my advice and focusing on the retirement niche. Let's make your Etsy shop a success together! 💪
Great tips, Dylan. Always enjoy your videos. Side question, do you have videos on analyzing Etsy stats?
I appreciate you! So to answer you, analyzing Etsy stats is one of the key things that I go over with my students or to the people who were scheduling a free chat with me and my team
If it helps, feel free to schedule a free chat with me and my team here: calendly.com/dylanjahraus/the-ultimate-etsy-course-qualification-call-f
I’d start my own website if I could but the only issue is that I don’t have enough fans to move to my own website. Etsy at least drives traffic to your shop for the most part.
Do you have anyone helping out with your shop?
@@dylanjahraus I don’t. It’s just me :(
@@dylanjahraus I started my Etsy shop in 2020 and make polymer clay things. I’ve barely made any sales but promoting on instagram is so hard to do and I’m not very good with videos for like tik tok. Also Pinterest doesn’t work for me. I was really hoping to make this a steady stream of income as it’s a dream of mine.
@@dylanjahraus for some reason, my comments aren’t saving after I post them but I was just saying my Etsy shop is a clay account where I post handmade clay things. I made the shop in 2020 but barely made any sales. I don’t promote a lot beside on Instagram. Pinterest doesn’t work for me and I’m not sure how to film videos for TikTok. But Instagram doesn’t give me any results or traffic. I really wanted this to be a steady income as it’s enjoyable and I love having extra money.
I hear you! You can shoot me a message on IG - handle is @DylanJahraus. Or feel free to schedule a chat with me and my team here: calendly.com/dylanjahraus/the-ultimate-etsy-course-qualification-call-f
Regarding etsy shipping.
When I shop on etsy I always check where the item is shipping from.
There were sellers who lied about where their products are shipping from.
Thank you for your motivation ! I sell christmas Ornaments and passed 200k revenue in 2 Christmas seasons. And I sometimes think what if I can't make any sales this season, but I already sell christmas ornaments during the year and make over 1k revenue every month (not season) . Thank you !
Great job! How long have you been running your store?
It has been 19 months since I first opened my store, and planning to add more listings this year and I have already started preparation for the next season, and I will add new products to my store as well. (I don't do print on Demand)
Just a quick question, do you think I should create my website for ornaments ? I know people are shopping for tshirts, mug, shoes etc from the websites. Do you think people would visit my store and purchase If I drive traffic ?
@@oliviajohnson9062 yeah... it really depends on who you are targeting and what your goal for your business is. Are you trying to make a little money or build something long term here?
@@dylanjahraus I am trying to build something long term. But I also wanted to do amazon handmade as well.
Great, how far along are you from your goal of making this a long term thing?
Hello, great video! I was wondering how you contact Etsy? I have looked but it just takes me to all Q&A sites. I have recently just moved to USA from Australia and I would love them to check I have made all the correct changes in my Etsy shop.
Welcome to the USA! If it helps, me and my team can check your store. We can have a free chat by scheduling a call here: calendly.com/dylanjahraus/the-ultimate-etsy-course-qualification-call-f
Thank you for making this video, recently I have only seen negative videos about Etsy and I actually am a little worried. My shop was doing so great until 2 months ago, and suddenly the sales have gone like 50% down! Views are great, visits are great, but sales are not how it used to be!
Sorry to hear about your experience! It's tough seeing sales drop even with good views and visits. Any ideas on what's causing it?
@@dylanjahraus I saw some interviews and videos about this, and the CEO of Etsy has confirmed that the whole platform is facing some sales drop in summers and it's supposed to get better in the fall season, maybe it's because of the summers, and more people are spending time outside. This is the only reason I could find till now!
How about your strategy? Do you think you can do some changes to help with your sales?
@@dylanjahraus I actually did do some changes. I think it's getting a little bit better. Hope it get's more better soon!
That's great to hear! How much money do you want to make each month?
It feels illegal to be here so early haha I’m about to watch this
Congrats!! What do you think about the future of Etsy? Would you ever quit?
ill just put it like this, if you fear about etsy or anything? then you should leave asap! because there will always be competition no matter where you go! an a person who fears such is only meant to do a 9-5
Agree! It can be very challenging but with the right strategies and mind set, you're all set. Curious, you have an Etsy Shop already or planning to create one?
What about Amazon merch on demand ? can you compare these two?
We can continue this conversation on IG. We can talk more there about your question. Here's my handle @DylanJahraus.
Things do seem interesting on Etsy right now. A type of customer that has infiltrated the platform and can be difficult to deal with is the extreme bargain shopper and the scammers. I think it is stormy weather but I’ve invested too much to give up now. 😛
Great attitude! How long have you been on the platform?
@@dylanjahraus I started my digital paper craft shop in about 2019. Didn’t know how to do anything with it. I was motivated to pick up the pace when I quit my job to help take care of my parents. With Covid I got a lift and thought I had figured things out. I learned that the ball doesn’t just keep rolling. I am in rolled in your basic course. I have added handmade and supply to my digital shop. It is slow going but that’s okay. I’m in for the marathon race instead of the dash. Thanks for your insight and help. 😊🌸
@@digitalfineart8356 I see...do you want to move your shop forward? What is your monthly sales or revenue goal?
@@dylanjahraus Hi there. I am enrolled in your course without the coaching. My shop had sunk to a low of $30 -$35 for a month of selling digital crafting supply. The course recommended adding physical supply items which I did. I also added handmade. I have had to ship at least one order daily, except Sunday and the holiday since last week all the sudden. It has been slow going but I’m a steady progress kind of gal. Looks like I will bring in about $200 which is amazing for me. I also do vendor events May thru September. Thanks for your help. I know it’s not super impressive but it’s giving me something to work with. 😊
That is impressive already, and you can always grow and grow! Congratulations to you and I'm sorry I've just gotten to your comment here. My question now is, do you think you're ready now to level that up your Etsy game?
I doubt that tiny little $15.00 one time fee will stop the majority of scammers from opening up a store to collect money and not ship anything because they stand to make a lot more than $15.00. I think they should charge $100.00 one time fee to open a shop, now THAT will stop at some of those scammers. That is still a lot cheaper to open a business online versus a brick and mortar store.
I'm glad that you are viewing this step on a positive note. Do you have a shop on Etsy atm or are you looking to create one?
hi, thanks for these highlights, i wanna ask u something, i have just opened a shop on Etsy for like a couple of hours ago, after the payment of 15 dollars and finishing the setup i couldn't access my account anymore ! what could be the problem ? and thank u in advance
Have you reach out to Etsy customer support for assistance?
@@dylanjahraus yes, they mailed me just 4 hours after filing an appeal and now problem resolved, thank you
Awesome! Can I ask, what prompted you in the first place? Is there a goal you had in mind with Etsy?
@@dylanjahraus in fact, i started POD business a couple of days ago and from what i searched it seems like etsy the best market to go in! you have another advice or recommandation ?
Wow! We have lots of students also doing POD, we have a very recent one that shared from 50 sales, they are now hitting 1k sales. :)
How much money would you like to make per month with your shop?
Hi Dylan as I had told you in another video, I have a shop for over a year with no issues, always pay their fees and even run a small paid advertising campaign and tried to open a second shop, did all the security requirements, ID Social and connected my Chase account and paid the $15 fee, within minutes they suspended my shop, I tried again this week, paid the $15 fee and they suspended that shop too within minutes, did not even get a chance to do the SMS part, it was right after I paid the fee, so how can I chat with them to see if everything is okay? Still got rejected even though I have an existing shop, so now this totals to $30 they took from me, is that fair? Not happy with Etsy anymore and no one can seem to help me.
By the way, I always apply with the same name, same address, same social security, same driver's license, same cell phone, same bank account from Chase, all of these match my active store, there is something wrong here and when I appeal they can't tell me what's wrong.
Sorry this has been your experience with Etsy. I would normally direct other sellers to Etsy customer supports for this matter. If you're our student, contact a coach if possible.If you are interested in our courses and program, pls book a call here.
calendly.com/dylanjahraus/program-strategy-call-cielo
@@dylanjahraus Thank you Dylan, I scheduled it for tonight.
Thank you!
Love your video. I just dont like Etsy ads, they are ridiculous per click! Im more about organic now.
Yes they are! How is your shop doing with your strat?
@dylanjahraus it is not at the results that I want but I made $50 last month. I have been trying to sub niches that sell well with everbee.
How much is your monthly goal if you are to scale your shop? What's the ultimate goal? :)
@dylanjahraus 4000-5000 a month, enough to quit my 9-5 job lol
Hi Dylan. Serious question and not meaning to be rude but are you receiving any incentive to promote Etsy? Thanks 😊
Great question! Not at all. We don't have any affiliation happening. We actually aren't affiliates for anything right now! So anything we promote is genuine.
I want to start by saying I've appreciated your videos but after 1 year of selling digital products (I know, I know) I've decided to stop creating more. My sales are almost non-existent. I took your suggestion of using Pinterest to promote my items and while I get notices daily of DOZENS of people repinning, virtually none of them have brought sales. I started Etsy as just something to fill spare time but I think I'm done.
Thanks for sharing! Do you think you were able to fully implement the recommendations from the video?
@@dylanjahraus I believe so yes. I think my biggest issue, even with what I believe is really good SEO (based on my history of building websites and the software Alura that I use) most of my listings are just buried in the pages.
Have you ever considered getting outside help?
Nothing in life is easy, or want to be easy because easy have no growth, However, owning your website sellers own customers information, not restricted what can be sold. And, sellers have a better control in their business, because when sellers invest on Etsy they is no assurance that will alive now into the future. The experience you gaining from owning your website by Learning new skills from SEO, Marketing, Advertising and Customer Experience, skills is best available assets
Absolutely! With the correct strategy and mindset we can definitely do it. Curious, do you have an Etsy Shop already or looking to open one?
I’m also a long time seller of Etsy and stop temporarily due to the pandemic. I started again last year and i have like one sale per month 🤨. After Etsy started the “localisation” thing, now i have zero sales. Why? I’m from Malaysia and 95% of my customers are from USA and 5% from UK. So what’s local to me? I have no customers from Malaysia so I end up with zero sales! My last resort is to follow what Etsy advised, to give free shipping to US buyers who shop above $35 and also my listing will be viewed by US people. Well, guess what? It doesn’t work! I have less than 5 views per day and most of the time zero views! So, what do think of my situation? I think as a seller in America, it’s most beneficial 😂. I think Etsy should lift this “localisation” thing and let people have to freedom to buy from other countries too, that’s what online shopping is about, you are able to purchase from the whole wide world! 😅
Do you feel like your strategies right now, like your SEO is working? Or if it can help to tweak your SEO or your overall strat with your sales?
Well done! Stop all negativity around the platform!!!👍
Thank you! Let's keep the positive vibe going! :)
I didn't understand!
You got an Etsy Shop or looking to create one?
I've been sellin on Etsy since 2008, back then it was just handmade now a lot of items are china crap passed off as handmade....
Interesting! Shoot me a message on IG! Let's talk more there about your plans for your shop. Here's my handle @DylanJahraus.
I am tired of buying off Etsy sellers that have a USA store front but the item ships from China or the Middle East. It also seems to affect sizes of items Seems to me like false advertising. If your selling items from overseas places then say so
Do you have your own Etsy store or just looking into it?
Except for you Etsy Guru's, anyone else with an Etsy store should be glad to have other sellers leave as there are too many sellers and not enough buyers in comparison. I don't currently have an Etsy store but I used to have several. If I were still on Etsy, I'd be happy to have sellers leave. Just being honest and I'm not the only one who thinks that.
I'm curious as to why you left Etsy? How did your stores go before?
Lol this video was kind of a waste of time? Click bait to make it seem like she was quitting Etsy or is it just me????
Sorry you feel that way! My goal was to share info on why Etsy might close shops unexpectedly. Appreciate your feedback!
May Allah's peace, mercy and blessings 🤗 be upon you!
Thank you so much!
Amazon is cheaper at 15% and has 80 times the sales even with competition. Etsy 28% fees are just a joke. Entry to Amazon is not easy but when done reap the benefits of the extra profit
Since when are etsys fees 28%? You must sell something really cheap if the fees add up to such a high percentage.
Amazon is horrible, even the way they treat their workers is enough to turn me off even buying
Etsy does charge over 25%. It charged me that much last time. It could be different fees for different countries. Plus 15% for Google fee.
It is?!Thanks.
Etsy is actually the cheapest source of traffic and customers! The percentage is super low in comparison to other marketplaces. And you don't have to spend anything on ads to get traffic, unlike your own website.
@@dylanjahraus That's not the case for us in the UK. ETSY fees with the mandatory offsite ads are at least 22% and that does not include the extra local taxes. Its not like offsite ads even adds that much more traffic. Yesterday I sold 40 items on AMAZON , 9 Items on Ebay and just 2 on ETSY.