My 4th Month Selling Digital Downloads on Etsy: Why I think my shop tanked so much this month 😳

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Dina Lu

Dina Lu

Күн бұрын

Пікірлер
@JamieHeidler
@JamieHeidler Жыл бұрын
I started my digital download shop this past week and officially got my first sale yesterday! Love following along with your journey, very motivating. :)
@DinaLu
@DinaLu Жыл бұрын
That's awesome! You got this Jamie!! Thank you ❤️
@upperroomprints
@upperroomprints Жыл бұрын
It depends on the niche/store type. For one of my businesses (3D Graphics), sales are really bad November and December but pick up greatly in the first 3 months of the year. For my digital download and sticker store my sales drop drastically in February and March. Hang in there. They'll pick up again in April and big time in May and June. Then slow again in July. It's the normal eb and flow.
@DinaLu
@DinaLu Жыл бұрын
Ahhh so interesting! Thanks for sharing!
@StephanieCornell
@StephanieCornell Жыл бұрын
Dina, I just want to thank you for these videos and how transparent you’ve been with your sales and learning process. They’ve been so helpful to me. I’ve been in the preliminary stages of building a digital Etsy shop for a couple of months and of course have watched a zillion YT videos but yours are my favorite. This one is giving me the kick in the butt to get moving again (I’m a professional web/graphic designer and have been too distracted with client work and travel) and actually get this thing launched. Good luck with yours and hope April starts to pick up again! From everything I’ve heard, more listings consistently is what helps keep you in the algorithm. Let’s hope that Feb/Mar slump is just normal. 💙 Best of luck!
@DinaLu
@DinaLu Жыл бұрын
Awww thank you SO MUCH Stephanie!!! Your comment made my day! So happy to hear that you're enjoying my content (out of the zillion you've watched haha) - honoured to be your fav 😊 Stop watching videos and start your Etsy shop! Since you're a professional web/graphic designer, can I assume you're a bit of a perfectionist? Haha. START THAT SHOP!
@StephanieCornell
@StephanieCornell Жыл бұрын
@@DinaLu yup! You nailed it! And trying to separate the imperfect Etsy experiment from my existing business to grow and learn quietly…as my old boss says, “done is better than perfect” 🤷‍♀️ enjoy your travels! (I lived in Asia for five years and it was some of the best five of my life!)
@jessssalemme
@jessssalemme Жыл бұрын
this is really interesting! I am really tying to get my store ramped these last few weeks! I just turned on my ads because of your last video!
@DinaLu
@DinaLu Жыл бұрын
Good luck Jess on your store!!!
@jessssalemme
@jessssalemme Жыл бұрын
@@DinaLu thank you!!
@Icedanon
@Icedanon Жыл бұрын
The honesty is awesome. Thank you for that. I wish you all the success in the world.
@DinaLu
@DinaLu Жыл бұрын
Thank you so much Brandon!
@jag5798
@jag5798 Жыл бұрын
I am glad you share the downs, because all others that share the ups it really doesn’t help. We must prepare and try to prevent (if we can) making better decisions. NET gains to verbally share is better than Gross income. All hidden expenses revealed. Thanks - ❤ your videos!
@DinaLu
@DinaLu Жыл бұрын
Thanks! I'm glad you like my content - I always try to share the downs as well because they are just a normal part of doing business :)
@originalrahmble
@originalrahmble Жыл бұрын
I can totally see how Dec and Jan can be higher volumes in your niche. I think as long as your 4th month is better than the 1st, you're still doing great! Love these videos. And ya, wow, time is flying! My new shop got suspended the day I set it up (for no reason) so I'm hoping it gets back up and running so I can get it going for April. I've had this happen with previous shops. Etsy is so random. Sigh lol.
@veritystothard1664
@veritystothard1664 Жыл бұрын
Yes this! You definitely don’t want to put too much value on month by month comparisons, by the time you’ve been open 6-12 months the data will be so much more valueable 😊
@DinaLu
@DinaLu Жыл бұрын
Oh no I hope your shop gets un-suspended!
@DinaLu
@DinaLu Жыл бұрын
So true!!
@originalrahmble
@originalrahmble Жыл бұрын
@@DinaLu Same! 🤞🏼
@JoanneHastie
@JoanneHastie Жыл бұрын
I have 2 etsy shops. One for my physical art since 2011 and one I started in 2022 for downloads. My understanding is when your shop is brand new the Etsy algorithm boosts your shop as it tries to figure out who your shopper is. Since you have no data yet in the algorithm. It’s like a bonus for being new. But this only lasts a couple months then it settles. So it makes sense to me that organic sales were high. When I started my digital shop last summer I worked extra long hours in the start to take advantage of the boost. The breakdown of the algorithm was shared in an etsy sellers talk in 2021 but I’m sure it’s changed by now.
@DinaLu
@DinaLu Жыл бұрын
Ahhh that makes a lot of sense Joanne! Thanks for sharing that!
@LennyTim
@LennyTim Жыл бұрын
Hey Dina, it's normal, it cycles and it depends on a lot of things. You don't have that much data to really see a trend. Good luck and best wishes!
@DinaLu
@DinaLu Жыл бұрын
Thanks!!
@KiearraDScruggs
@KiearraDScruggs Жыл бұрын
I just started my Etsy store about 2 weeks ago. No, sells yet, but hoping for some soon. I'm mostly selling print-on-demand shirts from designs that I made and free digital downloads to help speed up with getting sales. So, it's great hearing honest reviews from people who just started, that is slow at first and you just have to be calm and patient during the process. I watched someone else video and she said she didn’t make a sale her whole first week of selling, so let me know if there is hope for me. Plus, I am happy to know I shouldn't ever back away from my Etsy but constantly be working on it, making new listings, or updating them.
@davidc4555
@davidc4555 Жыл бұрын
Hey Kiearra, wish you the best of luck with your store. Asking out of curiosity: Are you spending money on ads, if so how much per day? And do you have organic visitors? :)
@DinaLu
@DinaLu Жыл бұрын
Congrats on opening your shop, Kiearra! And yeah it might take some time to get your first sale + a review. Keep going :) I think it also takes Etsy some time to learn what exactly you're selling and for your products to appear in search (also depends on how saturated your niche is)
@JHernandezOriol
@JHernandezOriol Жыл бұрын
Good to know all of this! I’m also wondering if people are starting to slow down on spending due to what’s been going on with the banks lately and recession talks.
@DinaLu
@DinaLu Жыл бұрын
Yeah I think that could be a factor!
@WorkAtHomeGal
@WorkAtHomeGal Жыл бұрын
Another great video. Thank you for the honesty here. Also I see some great comments from people letting us know about slow months in various niches.
@DinaLu
@DinaLu Жыл бұрын
Thanks!
@GraceMarieBarry
@GraceMarieBarry Жыл бұрын
No shade at all here and I love your videos. You are right, Etsy prioritises shops that are active and have new listings regularly, if you haven't worked on your store in almost 2 months Dina, Etsy won't favour you x Hope you find some balance when you move cities in the next week or two x!
@DinaLu
@DinaLu Жыл бұрын
Thanks Grace!!! I will start working on my shop again haha so let's see what happens!
@phyttv732
@phyttv732 Жыл бұрын
I recently discovered your channel and i love your information and how well you convey it. I am trying to start an etsy store myself and have found this very helpful. keep up the great work
@DinaLu
@DinaLu Жыл бұрын
Thank you so much! I'm so happy you're enjoying the content!
@whatshaesells
@whatshaesells Жыл бұрын
Thank you so much for sharing!! I am seeing a slight decline in my conversion March even though I am listing regularly. I see the same thing- my visits are the same or even increasing, but that doesn't translate to an increase in sales! It's a mystery to me too as to why this happens lol. I am a new digital downloads shop only open a couple of months. Thanks for this vid!
@DinaLu
@DinaLu Жыл бұрын
Ahhh interesting!!! Well I am glad we are going through the same thing. Apparently it's happening for a lot of people :(
@sisterbeautyful
@sisterbeautyful Жыл бұрын
I love sharing this journey with you and cheering for you! I have a small/medium business with 4 other people, and we constantly struggle with consistency in the sales and ad spent etc those videos help me a lot! it is a whole differente niche and platform but it gives me great insights! plus I love the way you create your content, thank you so much!
@DinaLu
@DinaLu Жыл бұрын
Awww thank you so much for your kind words! ♥️ Rooting for you in your business!
@TeenoBird
@TeenoBird Жыл бұрын
I make Canva templates also on Feb, and I just started around Dec. The same thing happened to me in Feb. I think it honestly might be a slower month as March is def picking up. I thought something was wrong with my shop and paid alot more in ads to try and make more sales. But it didn't really help too much. Here's to hoping the rest of the year is better!
@DinaLu
@DinaLu Жыл бұрын
I'm glad to hear your March is picking up! (Mine isn't LOL) Yes let's hope it goes up for all of us!
@thehollymyers5736
@thehollymyers5736 Жыл бұрын
I have been loving this series so far and just witnessing the ups and downs of starting an Etsy. It's so nice to see a video that ins't like "How I made 1.6 million my first month!" I'm curious if you could touch on taxes and stuff like that? Does Etsy figure that all out for you and you remit it to the government? (I'm in Canada too)
@DinaLu
@DinaLu Жыл бұрын
I'm glad to hear you're enjoying the series! I will add that topic to my "future videos to make" list!
@caileyanne1635
@caileyanne1635 Жыл бұрын
Oh wow I'm so early! Sad to hear it's going down, can't wait to see where you are a year from now!
@DinaLu
@DinaLu Жыл бұрын
Haha yesss 1st comment on this video!!
@XellVerto
@XellVerto Жыл бұрын
I like your consistency update your etsy business every month and stay positive.
@DinaLu
@DinaLu Жыл бұрын
Thanks so much!
@qiqiu9690
@qiqiu9690 Жыл бұрын
Thank you for sharing and being so humble and honest, much appreciated :D
@DinaLu
@DinaLu Жыл бұрын
Thank you!!
@teifaf6036
@teifaf6036 Жыл бұрын
Can't wait to see your Month 5 update where you experience an awesome rebound! Keep it up. You rock! Thanks so much for your videos. :) Btw how are your earnings on KZbin with 27.6k? How do you compare Etsy vs KZbin channel business models? TIA!
@DinaLu
@DinaLu Жыл бұрын
Hahaha oh my ... 5th month was even worse than 4th month 🤣 video coming out on Friday! With 27k subs, I'm earning around $1800 USD/ month (but the adsense revenue depends on views, not subscribers)
@teifaf6036
@teifaf6036 Жыл бұрын
@@DinaLu Hi Dina....oh noooo! I'm so sorry to hear that! I'm looking forward to the update video on Friday though! Thanks for taking us on this roller coaster ride...which I'm sure will have more ups than downs! 🙏❤🙏
@Notjobincome
@Notjobincome Жыл бұрын
great video! I didn't know that you can sell ditigal products on esty!
@DinaLu
@DinaLu Жыл бұрын
Yes you can!
@notapod1
@notapod1 Жыл бұрын
Although I'm not selling digital products, I have my own business which is always quiet in February (hardly any sales) March things start to pick up again xx
@DinaLu
@DinaLu Жыл бұрын
Ahhh good to know! My sales are picking up in April now 😊
@chericerichmond-mh7yj
@chericerichmond-mh7yj Жыл бұрын
I’m a new Etsy shop owner and I started in February so this gives me hope if these are known as slower months.
@DinaLu
@DinaLu Жыл бұрын
Yes a lot of people commented saying that Feb/Mar is slow!
@MotifMusicStudios
@MotifMusicStudios Жыл бұрын
Always love seeing a new video from you in my feed! Great info for those on Etsy and it's sometimes 'crazy-making' to figure out if there's a 'why' or just a low buying season after those seasonal highs!
@MotifMusicStudios
@MotifMusicStudios Жыл бұрын
I wonder if your YT reach expanding so fast means that people might check out your Etsy out of curiosity and then have that effect your conversion rate?
@DinaLu
@DinaLu Жыл бұрын
Thanks!! I haven't revealed my Etsy shop anywhere, and I don't plan to. I want to see how much I can grow my Etsy organically without promotion on social media, but yeah if my audience goes to my Etsy shop, conversion rate will go down because most of them won't buy my products
@elephamoose
@elephamoose Жыл бұрын
Still waiting for my first sale for my first shop. Fingers crossed!
@DinaLu
@DinaLu Жыл бұрын
Aww good luck! 🤞
@msbeanification
@msbeanification Жыл бұрын
Being consistent on a platform is a big factor. It could also be your niche as well. Your niche could have a dip in sales during this time of year.
@DinaLu
@DinaLu Жыл бұрын
Yeah! Could be both!
@ZilhouetteZen
@ZilhouetteZen Жыл бұрын
This is interesting because I've been eyeballing the etsy subreddit for a little while and I often read that many sellers experience a dip in March every year. Not sure what happens around that time
@DinaLu
@DinaLu Жыл бұрын
Ahh ok good to know I am not alone haha!
@natalianaeem6928
@natalianaeem6928 Жыл бұрын
I have an Etsy store for digital products, and YES my sales dropped down a lot during Febrary and March
@DinaLu
@DinaLu Жыл бұрын
Aww sorry to hear that but glad to know I'm not alone!
@NinaPascal-c8v
@NinaPascal-c8v Жыл бұрын
I have an etsy shop too and my conversion rate also litterally dropped in feb-march-april (like 1.5 to 0.2% 💀). Things are starting again now but you're not the only one experiencing it !
@DinaLu
@DinaLu Жыл бұрын
Ahhh sorry to hear it dropped!!
@YusraELSawi
@YusraELSawi Жыл бұрын
Feb & part of March are usually slow, and way less profitable than the rest of the year, for any business (offline & online) and regardless of the niche and product. I owned multiple digital products, workshops, and even a brick and mortar for a couple of years, Feb is usually I used to plan my vacation because it wasn't worth it (working) or I would use it to batch produce marketing material & focus on BTS work rather than trying to push sales.
@DinaLu
@DinaLu Жыл бұрын
Good to know I'm not alone in this! Thanks for sharing! Good use of time to take vacation haha
@Garpot
@Garpot Жыл бұрын
Oh ya the COFFEE GAME and 4P's in HCMC on point
@DinaLu
@DinaLu Жыл бұрын
I went to 4P's but it isn't the restaurant shown in here! Hahaha
@binhtruongdac2861
@binhtruongdac2861 Жыл бұрын
Keep going, you will make it for sure
@DinaLu
@DinaLu Жыл бұрын
Thank you!!
@LearnEnglishWithJess
@LearnEnglishWithJess Жыл бұрын
Thanks for the update, Dina ❤
@DinaLu
@DinaLu Жыл бұрын
You are so welcome!
@bitcloutrhynelf2297
@bitcloutrhynelf2297 Жыл бұрын
How has your competition sales conversion been? Has theirs tanked as well? That would be good to know to see if it’s normal for now or is it just yours.
@iriii3224
@iriii3224 Жыл бұрын
I think it s like a half myth the thing that feb and march are bad, I opened my shop in November and in February I had over 600 sales and I sell digital products, for me what really works is post something new 2-3 times per week so every month can be a good month
@DinaLu
@DinaLu Жыл бұрын
I haven't checked, but that's a great idea, I'll check!
@RuthmarieHicks
@RuthmarieHicks Жыл бұрын
I think they prop up stores with more exposure during the first month or 2. I had the same thing and then everything TANKED in the 3rd month. Conversion was about the same...But unless I threw money at it, there were almost no views.
@freddyvideo6779
@freddyvideo6779 Жыл бұрын
I'm not here to promote a particular landing page service but do you think you can perform better with that than etsy? They typically have better tactics to promote conversions and do split testing. A low of 2% conversion is still good.
@DinaLu
@DinaLu Жыл бұрын
The thing I like about Etsy is that it's a search engine... if I had a landing page I would have to figure out how to get it ranking or use social media to promote the landing page (too much work for me). So I didn't even consider anything else other than Etsy!
@AgnesPot
@AgnesPot Жыл бұрын
I like your videos so much, thank you for doing them :) can i ask how many listings you have by now?
@DinaLu
@DinaLu Жыл бұрын
Thanks so much Agnes! Right now, I have 25.
@ianmichaeloliver4114
@ianmichaeloliver4114 Жыл бұрын
Hi Dina. Did you have any problems signing in to your Etsy account when you arrived in Vietnam? I've heard stories of people getting their Etsy account frozen if they login from a different location. I would love to be a digital nomad and was wondering what happens when you login from a different location. Love your videos.
@DinaLu
@DinaLu Жыл бұрын
No problem signing in! I logged out and signed back in, and it worked. I have 2 factor authentication so I literally had to switch out my Vietnam SIM card for my Canadian one to get the code, which I received in a couple of seconds. No problems signing in!
@ETSY-Essenelle_Designs
@ETSY-Essenelle_Designs Жыл бұрын
Good content. Keep up the good work!🙂
@DinaLu
@DinaLu Жыл бұрын
Thanks! 😁
@DinaLu
@DinaLu Жыл бұрын
The Etsy shop I started from scratch 4 months ago grew in month 1, 2 and 3, but in month 4 it went down A LOT (especially the conversion rate). Can anyone confirm that Feb/March are horrible Etsy months in general? Or is it just me? 🤔
@chiel3270
@chiel3270 Жыл бұрын
Maybe its interesting to show us the process of uploading the files and stuff. Great video.
@DinaLu
@DinaLu Жыл бұрын
Thanks, glad you liked it!!
@darkangel890
@darkangel890 Жыл бұрын
Hi, Dina. Thank you for sharing your journey with us :) I just have a question, when you go to different countries, do you log in to Etsy? Asking because I'm curious if I can also open or check my Etsy store aside from the IP address that I am using. Thank you!
@DinaLu
@DinaLu Жыл бұрын
Yes, when I left Canada and came to Vietnam, I could still log in everything was working properly. However, I had to switch out my Vietnam SIM card to my Canadian SIM card for the two-factor authentication.
@nellyvonfresh3228
@nellyvonfresh3228 Жыл бұрын
You got this Dina 🎉🎉
@DinaLu
@DinaLu Жыл бұрын
Thanks!
@BrokeToBlessed
@BrokeToBlessed Жыл бұрын
Oddly enough February was my best month 😂 Jan and March have been not so good, but I am starting to post consistently and just began ads. Fingers crossed that next month will be better!
@DinaLu
@DinaLu Жыл бұрын
That's so interesting haha! Complete opposite of me
@rain0344
@rain0344 Жыл бұрын
is it true that their is an extra monthly fee for every listing that you have? it would make sense as to why Etsy encourages more listings in order to keep your store relevant and collecting their fees from all of your listings.
@DinaLu
@DinaLu Жыл бұрын
Yes there's a listing fee but its minimal, and ideally you will get sales so it would cover the fees 😊
@atlanticknots727
@atlanticknots727 Жыл бұрын
I sell small business supplies and January was great, February tanked and its picked up a little bit again in March. I think that the very beginning of the year small businesses are trying to get everything they need for the new year and thats why it was busier at the beginning of the year!
@DinaLu
@DinaLu Жыл бұрын
Ahhh thanks for letting me know! Good to know I'm not alone!
@centurionfenix
@centurionfenix Жыл бұрын
Hello. I am new at Etsy as you. I would like to know how to use the print on demand function. Because I would like to sell tshirts but I don't know how to do it. Can you explain how to sell shirts with a logo with print on demand. Thanks.
@DinaLu
@DinaLu Жыл бұрын
I don't do print on demand at all, so I can't help you sorry!
@quennft
@quennft Жыл бұрын
Can you help me regarding about canva share link template? i did follow your guide in one of your video but somehow canva make new update, and i couldnt add the copied link of share link template but it updated to already showed one of my project as options. I get confused and worried that i share my project and let my customer use my canva not the share link template that my cust can edit in their own canva account. I just build my etsy shop and follow your guide, its really helpfull and i am so grateful that I found your channel
@DinaLu
@DinaLu Жыл бұрын
Could you get some friends to test out some of your links for you? And I'm glad you're enjoying the content!
@LennyYT
@LennyYT Жыл бұрын
Blast ads Even to the break even point. That adds to the organic results. Do You run sales? Is your shop always on discount? Are You building a llist / audience? Crank it up 🎉
@clawspawsprintables
@clawspawsprintables Жыл бұрын
Not sure about why your sales tanked as I just started my shop in February. However, I sell t-shirts on Amazon and February and March are always my slowest months there. Sales should pick up in April - at least I'm hoping they will. For my new Etsy shop, I sell Canva templates and have 27 listings so far. I've made 3 sales and have 1 5-star review which I think is pretty good for my first full month. My goal was to list one product a day but I've been slacking the past week. It's so easy to get burnt out when designing stuff - both with t-shirts or with Canva templates. I think I'm going to scale back my goal and try to list 1 or 2 things per week instead of per day. I think that's a more realistic goal and should help keep me motivated.
@DinaLu
@DinaLu Жыл бұрын
Alecia, it sounds like you're off to a great start. Congratulations. It takes me several days to make a new listing hahaha 🤣 so your plan sounds realistic
@zeniakhatri8291
@zeniakhatri8291 Жыл бұрын
It's been three months I started my etsy shop for digital downloads but still didn't make any sale yet.😣 I don't know what is wrong.
@DinaLu
@DinaLu Жыл бұрын
Awww! It could be many reasons .. take a look at your stats... Are you getting views? If not, perhaps it's your SEO or too saturated niche. Are you getting views but buyers aren't converting into sales? Might be your listing photos for example!
@zeniakhatri8291
@zeniakhatri8291 Жыл бұрын
@@DinaLu Thank you for replying. Yes, I'm getting views but 1 or 2 a day. Maybe it could be listing photos.
@helentsokana
@helentsokana Жыл бұрын
I love this series! 🙂
@DinaLu
@DinaLu Жыл бұрын
Thanks Helen!
@OldrichStudynka
@OldrichStudynka Жыл бұрын
I had the same situation with my conversion rate - going from 6% to 2%. It's going slowly up - now around 3.4%. I've been selling for some years and this is not the first time. It looks like Etsy did some testing causing this drop and changed the algorithm.
@DinaLu
@DinaLu Жыл бұрын
Ahhhhh interesting! Maybe Etsy is the culprit haha
@mohamedouriarhlifikri4316
@mohamedouriarhlifikri4316 Жыл бұрын
What do you mean by (friends) in your sheet ?
@DinaLu
@DinaLu Жыл бұрын
Sometimes, my friends want to support me or use my products so they make a purchase. I don't count those as "organic Etsy sales" so that's why I have a section for the "total revenue" (as reported by Etsy) and "total revenue minus friends" (the revenue amount reported by Etsy minus the amount my friends bought) to get my "organic revenue" which I see as passive income. I hope that makes sense!
@AnaSousa-sl3gl
@AnaSousa-sl3gl Жыл бұрын
This videos are great! I'm interested in starting my digital etsy shop but I have a question...Do you have to pay taxes? I know that usually you have to, but because it is a digital product i'm not sure! Hope you can help me! Thanks 😘😘
@DinaLu
@DinaLu Жыл бұрын
Anytime you make money, regardless of whether it's online or physical, it's considered income. So yes I do report my etsy income for tax purposes in Canada. But it might also depend on the country you live in...I think some countries don't require you to report it if it's a low amount
@LuKaa316
@LuKaa316 Жыл бұрын
Hi, thanks for your video! It's exactly what I needed to watch coz I have a question regarding turning off an ad. So we know that the listing data gathered by Etsy to drive traffic to your shop/listing will be deleted if you opt out of OFFSITE Ads. My question is, does this also applies on Etsy ads? I want to turn off some listings but will turn it back on later. Just want to try some experiment. But the thing that worries me is, can this reset the data gathered??! Since you experimented on turning off your ad for a couple of days, did it affect your ad performance when you turned it back on? Did it take time to optimize? Did the ad performance change for the worse or still the same? Sorry, I have too many questions 😂
@DinaLu
@DinaLu Жыл бұрын
I didn't even know the listing data would be deleted if I opted out of offsite ads 🤣🤣🤣 So I think I know less than you. I can't answer your question 🤣🤣🤣
@annaspeaks373
@annaspeaks373 Жыл бұрын
I am not interested in Etsy but I wanted to see you❤ So thanks for meeting and good luck
@DinaLu
@DinaLu Жыл бұрын
Awww ♥️
@jimmydabutler9022
@jimmydabutler9022 Жыл бұрын
Question, is this revenue from one product or multiple?
@DinaLu
@DinaLu Жыл бұрын
Multiple products! I think I had 23 or 24 listings
@HarrowfireworksUk
@HarrowfireworksUk Жыл бұрын
December is the month of money and then January it's a pretty good month it's a pretty good month because people have got their Christmas money and bonuses. However January's paycheck is going to be paying off Christmas in New Year and the credit card bill that's going to come in February and it's the same in March as well and then it comes back backup for Easter in April. We run a couple of websites and we sell physical products and we sell physical products and we do digital marketing for other events as well that's all start in people. In my own opinion it's just because no one has any disposable money has any disposable money for February and March because it's all been spent in the last month or 2
@DinaLu
@DinaLu Жыл бұрын
Thanks for sharing that! It makes a lot of sense!
@homiekeen23
@homiekeen23 Жыл бұрын
I read everywhere they everyone experienced tanking sales lately
@DinaLu
@DinaLu Жыл бұрын
Good to know I'm not alone!
@TinyFitz
@TinyFitz Жыл бұрын
I wonder what percentage of your conversion rates went down due to friends and family purchases? I know you have an aria for revenue on your spreadsheet and I’m not great with spreadsheets so I could be missing something but I’m curious how that affects things overall. I know when friends and family visit our business they always have an intent to help us or purchase from us so theoretically that would equate to a higher conversion rate. That being said I did look to closely at your spreadsheet for what month’s included friends and family purchases. That’s just the first thing that popped into my head while you were talking about this. On a side note I don’t have a shop started yet because I’m to chicken but I am eternally grateful to you for making these videos! I have tried to learn from other KZbinrs but they have established shops so it hard to follow or even stay interested in what they’re saying. Not only are you real and fresh but I find myself actually thinking I do want to try and open my shop. I do have a question since you said you don’t have a blog and only use Etsy do you have an email account for your business? If not is that something you are planning on doing in the future? I had started a blog but got stuck on the email aspect and just quit because the price of my domain and email and email marketing add one and everything was just adding up and getting overwhelming. Needless to say I am excited that it’s possible to do Etsy without all the extra stuff and I do have a Pinterest but wonder how important email is going to be in the long run. I understand if this is out of your field of comfortable topics but I am still interested in your perspective and opinion as your channel and everything is so unique to anything else I have seen yet. Ps April is tax month here in the US so I’m excited to see how that affects your conversion rate and your overall sales for the next 2-3 months. Hopefully it’s a huge benefit. Also I know we like Christmas in July for whatever strange reason so maybe that would be a fun sale price title or attention grabber😉 Keep up the good work I’m so appreciative of this channel and your hard work. I hope you are loving it in Vietnam and can’t wait to learn more about you, your channel, and your Etsy shop. Thanks again. PS sorry for the novella
@DinaLu
@DinaLu Жыл бұрын
Hey Michelle! First of all, thank you so much. I'm so happy to hear that you are enjoying my Etsy videos. Actually, only in the first and second months did I focus a little bit more on getting friends who are interested in my niche to purchase. I never posted it on any social media channels, only sent my shop to friends directly, so I don't think that the friends / family part affected the conversion rates a whooole lot. Because in the third month, the conversion rate still stays similar but I only had 2 sales from friends out of the 66 sales. For etsy, I made a separate Gmail account just in case any customers have questions. But no one has emailed me. Everyone uses the Etsy messaging platform. For my actual business website (dinacalligraphy.com), I did pay for a separate email through Google workspace. I think it's around $5 USD a month. That is on top of the Squarespace monthly subscription I pay. Hope that helps! ♥️
@TinyFitz
@TinyFitz Жыл бұрын
@@DinaLu wonderful information! May I ask if you send out a newsletter type thing for your calligraphy business? Do you find it helps with conversion if so? Sorry if this is still a bit off topic but it’s my biggest struggle area and a bit overwhelming for me. Thanks for your time and sharing your knowledge and expertise 💕
@DinaLu
@DinaLu Жыл бұрын
@@TinyFitz I used to once a week when I was coaching calligraphers on how to start businesses, but not for my actual calligraphy business! But now I do it for my KZbin channel once a week. Whether or not it's something you should do depends on your goals! And what are the other strategies you use to stay in touch with clients, etc etc
@TinyFitz
@TinyFitz Жыл бұрын
@@DinaLu thank you immensely for taking the time to reply to my queries!
@icarus5x5
@icarus5x5 Жыл бұрын
I think that the Etsy algorithm prefers shop owners to spend about an hour a day in their shop, every time you make a change in the shop Etsy has to archive it and it makes the algorithm pay attention to you and it will give more priority to your store.
@DinaLu
@DinaLu Жыл бұрын
Yeah a couple people have told me that too... can I ask what would you do for an hour every day if you aren't posting new listings? Other than renewing the current listings? Are you making changes to your titles or description then?
@WendyJoDavis
@WendyJoDavis Жыл бұрын
Even though you aren’t listing new products are you renewing listings daily? When I built my Etsy store to $10k a month we renewed 1-2 listings a day when we weren’t making a lot of sales so that our products stayed at the top of searches. This doesn’t become as necessary when you are making sales every day!
@merinmathew3921
@merinmathew3921 Жыл бұрын
Do you renew it manually?
@DinaLu
@DinaLu Жыл бұрын
OMGGGG I didn't know you could even do that. THANK YOU!!! I just renewed some listings hahaha.
@WendyJoDavis
@WendyJoDavis Жыл бұрын
@@DinaLu you’re welcome! Hopefully that helps bump you in the algorithm!
@SaileeIvic
@SaileeIvic Жыл бұрын
OMG hey welcome to Vietnam!
@DinaLu
@DinaLu Жыл бұрын
Thank you so much, I'm enjoying it so much (currently in Danang)!
@SaileeIvic
@SaileeIvic Жыл бұрын
@@DinaLu Oh that's amazing haha I live in Saigon
@mahendarbisht478
@mahendarbisht478 Жыл бұрын
In which class do you read?
@Skitty_1
@Skitty_1 Жыл бұрын
You’re gonna make a lot money money in more evergreen all year long searched for products! But sadly those niches are more competitive, so you’d need a fuck ton of listings everyday AND A LOT OF WORK LOL I’m talking 5-10 listings a day to even be found in search. Or you can make multiple shops with multiple different niches and capitalize that way also, but also a lot of work. So it will depend on how much time and effort someone is willing to spend! Kind of hard when you have a full time job, so kinda be like a me and don’t have a life and just work 😂😂😂😂😂
@DinaLu
@DinaLu Жыл бұрын
Yeah I could definitely make more on Etsy if I made more listings/shops, but I have the same problem... so much to do, so little time haha
@curatewithfaye7402
@curatewithfaye7402 Жыл бұрын
Are you still updating your listings?
@DinaLu
@DinaLu Жыл бұрын
Nope, but I just learned about "renewing" listings hahaha... I never did that before haha, so now I just did 😂
@curatewithfaye7402
@curatewithfaye7402 Жыл бұрын
@@DinaLu What I mean is are you still uploading new or more listings/products?
@curatewithfaye7402
@curatewithfaye7402 Жыл бұрын
Sorry for the confusion!
@ryanrusso9967
@ryanrusso9967 Жыл бұрын
If you’re getting 200% ROAS, why not increase ad budgets a ton?
@DinaLu
@DinaLu Жыл бұрын
I noticed that when I increased the ad spend, Etsy would promote my product under keywords that don't really fit the product, so I stopped doing that. But I also know that I can un-select keywords in the ads section too so maybe I should do that
@KwincyS
@KwincyS Жыл бұрын
Once you make a certain amount (i think it is $600) in the us you are supposed to create a business and pay taxes on that
@shannonw5999
@shannonw5999 Жыл бұрын
You don't need to create a business. You can remain a sole proprietor.
@Garpot
@Garpot Жыл бұрын
1K in under 3 hours! LET'S GO!
@DinaLu
@DinaLu Жыл бұрын
Thanks!! 🙌
@thetoastyfox
@thetoastyfox Жыл бұрын
its because of the bank situation, Silicon Valley Bank collapse, great work tho on your shop!
@DinaLu
@DinaLu Жыл бұрын
My Etsy shop started tanking before that happened, so maybe after the Silicon Valley Bank collapse people generally started to pay more attention to how much money they spend on things and cut spending? So it could be a factor but I think mainly it's because Etsy sales are generally low in Feb/Mar and I haven't posted a listing in 2 months
@jamestuck90
@jamestuck90 Жыл бұрын
Lower the price very low to get sales, then increase every 100 sales
@jamestuck90
@jamestuck90 Жыл бұрын
I started a digital shop on feb and have 700 sales, and my other shop has 20,000 sales
@traveloasis8389
@traveloasis8389 Жыл бұрын
@@jamestuck90 How did u manage that? It doesn’t help anybody just to throw that out there.
@jamestuck90
@jamestuck90 Жыл бұрын
@@traveloasis8389 I said lower the price very low. So low it hurts lol
@SamuelB818
@SamuelB818 Жыл бұрын
What’s the difference between total revenue and total revenue from ad spend? I was under the impression that your total rev come from ads
@DinaLu
@DinaLu Жыл бұрын
Total revenue includes revenue from ad spend AND organic sales. Total revenue from ad spend is just the revenue from putting money into ads
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