Tuesday, May 25, 2021

TOP 5 REASONS TO SELL DIGITAL PRODUCTS ON ETSY


 

Hello Mompreneurs!  I hope you are all having a great week.  We are wrapping up the final 2 weeks of school, it's so hard to believe that this unpredictable 2020 school year is coming to an end.  It is certainly ending with a little more normalcy than when it began which I am so grateful for.  It truly is a blessing to see things slowly returning to normal, and with Summer on the horizon, life just feels a little more relaxed.   Although 2020 was a stressful one, I feel it forced us Mama's to pause and truly think about what we wanted for our future and for our families.  For me, I was looking to a make a career change.  As a "retired" Corporate Accountant, I had been out of the Corporate world for 8 years and was not looking to go back to the office anytime in the near future, definitely not during these uncertain times.  There is one thing that came out of 2020 that I am truly thankful for...building my Mompreneur Studio Etsy Digital Product Business.  I love the flexibility and stability that it gives our family and that I can truly work it into the nooks and crannies of our busy life.  Have you been thinking about selling digital products?  Here are my Top 5 Reasons for Selling Digital Products on Etsy.

NO INVENTORY

One of the biggest challenges of running a small business is the upfront cost and time of creating products to sell, the time spent packing orders and finding space to store your inventory.  With an Etsy Digital Product business, you create your product ONCE in Canva, download the item into a shareable jpeg or pdf file, upload the same file into your Etsy listing to be purchased over and over again.  There is absolutely no inventory involved when running an Etsy Digital Product business which will save you so much time, money and the need for storage space! 

LOW START UP AND OVERHEAD COSTS

All you truly need to start an Etsy Digital Product business is a laptop/desktop computer, the PRO version of Canva and Etsy!  Opening a shop on Etsy is FREE to get started and costs only 20 cents for every product listing you create.  When designing your digital products in Canva, I do recommend purchasing the PRO version, it provides you with the ability download digital templates for you to sell and only costs $12 a month.  As a former Corporate Accountant, I love that there is very little start up and overhead costs when it comes to building an Etsy Digital Product business.  After all, this is a business not a hobby and you want to keep your costs down, especially when you are first getting started! 

TIME EFFICIENT AND FLEXIBLE

As a busy Mom, you need a business that is truly flexible and one that can thrive right a long with your busy and unpredictable schedule.  With my kiddos being involved in #allthesports, I don't have the flexibility to be tied down to the tough demands of working a Corporate job or running an inventory based business.  If we are having a busy week, I do not have to stress out about finding the extra time to keep up with my business or sacrifice sleep staying up late to pack orders that need to be shipped.  My Etsy shop is already stocked with digital products to be purchased over and over again and needs very little intervention from me to continue to run efficiently.

PASSIVE INCOME

I have to admit, I love waking up in the morning to see that I have received orders from my Etsy shop while I was asleep.  That is exactly what passive income is, creating a digital product ONCE to sell it over and over again... even while you sleep!  All of your hard work is spent up front during the digital product designing and planning process, once your item is listed, you can sit back and let your Etsy shop work it's magic.

NO SHIPPING

Is there anything more stressful than taking kids to the post office?  LOL! In all seriousness, selling digital products is so much easier than selling physical products for the simple reason that there is nothing for you to ship.  Once your customer purchases your digital product, it is sent to them immediately via email for them to enjoy.  You do not need to spend precious time away from your family packaging up orders, running to the post office with hundreds of boxes and children in tow or spending the extra time it would take to track orders lost in the mail for your customers.

My Mompreneur Studio business has been such a blessing to our family that I couldn't wait to share my knowledge and experience to help other Mompreneurs build a Etsy Digital Product Business of their very own!  Are you ready to start or do you currently sell digital products on Etsy?  Leave a comment below, I would love to hear from you!

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