Pricing right is one of the most important things to consider when selling online! Discover how to price your handmade woodwork when selling on Etsy!
Quick Introduction to Etsy
Etsy is one of the most popular online marketplaces for selling handmade crafts, artwork, and vintage goods. This is where all crafters, artists, and designers are gathered in order to sell their handmade creations worldwide.
If you are an artist, crafter, or a designer and you are looking for a way to earn some extra money on the side from the convenience of your own home, Etsy is all you need. It allows you to open an online shop (free of charge), design your shop how you like, list your products (the fee you should pay for listing a product is $0.20 per product for four months), and sell your products all around the world.
Etsy has a huge base of active buyers which can be your potential customers if you are selling something unique, original, and affordable.
Additional Reading: Selling Tarot Readings on Etsy
Is Etsy a Good Place to Sell Your Handmade Woodwork?
Etsy is a great platform to sell anything that is handmade including your custom woodwork. You can explore Etsy and see what exactly is selling here in order to get some inspiration and motivation.
You can check the shops of your competitors and see what type of products they sell, their policies, their shipping method, and how they price their products.
Believe it or not, the price can make or break your success on Etsy. This is one of the most important factors when selling products online, and selling woodwork is not an exception.
How to Price Your Custom Woodwork When Selling on Etsy?
Pricing your custom woodwork right when selling online on Etsy is of a great importance. With the right price, you can attract new customers and form a base of loyal customers who are going to shop from your store only.
When pricing your custom woodwork you need to consider the time and money spent to create it. Add all of your expenses plus the time and form a price that is real and affordable. Make sure not to undervalue your effort as your customers will think your product is with low quality and ensure the price is not too expensive as well. No one wants over-priced products!
Put your customers’ needs and budget as a priority and you can expect huge success!
— Woodandglory (@woodandglory) 8 de febrero de 2017