How to Start Making Passive Income on Etsy
Running an Etsy shop is hard freaking work. You have to create the product, list it, market it, hope it sells, ship it, etc., etc.
Man, sometimes I would rather just lay in bed with a small puppy, some mac and cheese, and Buffy the Vampire Slayer.
This post is going to teach you to make passive income through Etsy, or what I like to call: How to Succeed on Etsy Without Really Trying. By creating a product once and being able to sell it over and over again, you are able to save time & money. If you spend less time on creating products you’ve already made you can spend more time on new products. The more new products you add to your shop the more potential buyers you have.
The first step to making passive income on Etsy is to make an Etsy shop. You can do that by clicking here and getting 40 FREE listings. That saves you like 8 bad boys. You can almost buy two lattes with that. Or save it. I don’t know. This isn’t a money blog.
What is Passive Income?
This is income that you can make in your sleep. Once you list a passive product, you can sell it an infinite number of times without putting in any more work! You don’t ever have to think about it again! Make it once and let the magic of the internet do the rest for you! The future is NOW!
Why Passive Products?
If you’re able to cut out all the steps in between someone placing an order and you shipping it out this saves you SO much time. Time that could be used to grow your shop.
- Create more passive products to sell
- Spend more time advertising and marketing your products
- Launch a blog that you can use to attract more customers to your shop
By not having a limit on how many products you can sell in a day you make more money!
Think about it.
If someone orders 1000 birthday cards to be printed and shipped, it wouldn’t be possible to get that done in a day. So this puts any income you could be making in the meantime on hold. If 1000 people order digital downloads of your birthday cards you can keep on selling your products anyways!
Digitizing
Digitizing products you already have in your shop is the easiest way to start receiving passive income. Do you sell wall art? Planners? These are both wildly popular products. Consider offering an option that allows your customer to download the file to print at home. You save on supplies, shipping, and time!
You could sell:
- wall art
- stock photos
- planners
- ebooks
- sewing patterns
- fonts
- worksheets
- photoshop/procreate brushes
I started my Etsy shop selling quirky greeting cards. Originally, I only had the option of buying the physical print that I would then send to my customer. But, a lot of people are in a time crunch when it comes to cards and can’t wait a few days to get their card. That loses you, customers. But if they have a deadline and see that they can download it right away then they’re gonna buy!
Important: make sure that the printables you are selling are high quality!!! If you are selling wall art I would suggest at least 8×10 but the bigger the better. Everything should be at least 300 DPI.
Printful
I LOVE printful. It’s a way to turn physical products into passive income. Think RedBubble but you make more than 20 cents at a time. And you don’t have to do nearly as much work.
Although that doesn’t mean I don’t get a rush of excitement every time Redbubble tells me I made 20 cents.
Basically, Printful lets you upload your design and put it on products like t-shirts, bags, mugs, posters, etc. The best part is that you don’t have to order in bulk and it syncs directly to your Etsy shop. You set a profit margin, Printful uploads your listing to your shop and all you have to do is go into Etsy and publish it. Printful takes care of making your product, packaging and shipping it.
Get Selling!
Now that you know all about making money on Etsy without really trying claim your 40 free listings! And make sure to check out my Etsy shop to see the types of products I’m selling to make passive income!
