Business Idea: Start An Etsy Shop in 2024
Etsy is an online marketplace where people can buy and sell all kinds of handmade goods, vintage items, and art supplies.
It's a great way to make some extra cash, and you can use it as an opportunity to build your brand and find new clients.
To get started on Etsy, you'll need these four things:
- An Etsy account
- A PayPal account
- A product idea (or at least a product category)
- A visually appealing storefront with photos of your products
Revenue & Profitability
How much do etsy shops make?
- On average, successful etsy shops report $570K/year in revenue.
- 93% of etsy shops report being profitable.
Learn more about how much money etsy shops make.
Startup Costs
How much does it cost to start an etsy shop?
- It can cost as low as $100 to start an etsy shop.
- It can cost as high as $50,000 to start an etsy shop.
Learn more about the costs of an etsy shop.
Examples Of Successful Etsy Shops
Successful etsy shop businesses and case studies
This case study is about the founder and CEO of multi-million dollar e-commerce children's clothing brands Bailey's Blossoms and Peyton Bre, who started selling hair accessories on Etsy from her kitchen table and grew her businesses into a total customer base of around 750,000 with a goal of surpassing 1 million by the end of 2020.
Boredwalk, a lifestyle brand selling original art and graphic design on functional goods, grew rapidly in the last 2-3 years with an average MoM growth of 10-12% and YoY growth of 50-100%, offering casual apparel, accessories, and decor products for customers primarily aged 25-55 interested in art, mental health, progressive politics, monster movies, and Satan.
See full list of successful etsy shops.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
