Not sure if anyone else is seeing what I’m seeing. But your videos are a bit fuzzy on my end. The camera quality just gives it a dated look to your videos. Love the info and content though!! Just thought i would share that. 😅

This is actually good insight from a small business owner.

Thank you so much :( I have everything, a website, quality products, too many unique and various products, o etsy too, promoting on insta (hardly because I'm broke)... hardly any sales because I'm simply struggling to be discovered. This gives me new perspective and ideas and hope in general.

but i dont think my products are good :/

Wow~Sales by selling charms. impressed...Thank you for the video. ^^

I'm happy for you but that what you say are simple demand supply techniques. When the demand is high the price needs to go higher so you don't get a supply shock and you meet a market equilibrium.

This is awesome. I look forward to being a more financially successful creative sometime soon too.

👍

Just remember sometimes people starting their own business cannot afford their own website, yes you should get one eventually but right off the bat isn't always obtainable for most.

I've been in business since 2016. I've been an artist all my life trying to find a way to make it my living. I started business because I made some stuff and posted it on Instagram and people liked it. I had ups n downs along the way, but a couple months ago I finally hit a "viral" big post - that thing that seemingly all artists wish for. Allow me to inform you I've never in my entire life (I'm 33) of making art had to actually defend myself from truly vicious attacks from people that genuinely want to hurt me on any level they can manage, but now I get to deal with it every single day, multiple times a day. It's easy to find advice that says "just ignore the hate, you are making a splash" but being a single owner of this business means having to face all that negativity myself, with my own eyes and inner dialog. Overall it's been a positive, but it has also required that I grow in certain dimensions I never expected, and it has been a big sticking point for me. I'm my own worst critic and now I get to see all my inner dialog coming from strangers. I have to keep going because I know I can make things even bigger, but I also am not so sure I can keep doing it if I have to keep facing that type of interaction.

Wow that's a breath of fresh air! I as a very new business owner (pre launch) i feel defeated just thinking about social media - I keep thinking somehow i have to go viral to have a successful business (because i only see other "viral" businesses being successful.) I know nothing about creating content so I felt stressed but now you're telling me i don't have to devote all my time there? sign me upppp!! Thanks for all of the information you share with us!

These numbers can't be accurate. Her etsy shop had 4,000 sales, an estimated revenue of $120,000 since 2006. The shop has only 1.3k followers on instagram. The map business has 15,000 sales just on etsy, since 2020 which is about ~450k. These numbers cannot be for the year, they are the total for her entire business, and thats not even profit, so its way way less. I'd say she is making AT MOST 80k at most per year, which is still a lot. these numbers are probably way off, but the point is - dont fall for this, she isnt making the bogus amount she is claiming.

I'd fail at marketing, i could never come up with ideas for where or anything like that because im rarely influenced by ads, and never get magazines or anything.

LMAO your ad showed up on your video

Your video popped up on my feed, I clicked it because of the snow cone colors. After watching your video, your video just validated how I set up pricing for a business moments ago. Thank you and God Bless!

Is it possible to use the handmade program along with the FBA program? From what I know, the Handmade account requires a professional seller account and once the application is approved, the monthly fees for a seller account is waived off. Does that still apply if both handmade and FBA programs are used together?

Skill #3 being why going viral doesn't equal sales is SO true -- I've noticed this as a customer. I cannot tell you the times I've seen a (physical media) image go viral... but I manage to go and purchase it from the the artist's Etsy shop, as in an original singular painting, because despite the thousands upon thousands of likes, none of those wanted to spend $80 on an artwork. (And the more I realized this, the more often I will will, as my discretionary money is almost always spent on art!)

"A greater chance to make products to sell like hotcakes" especially if they SMELL like hotcakes! ;)

You could also occasionally have a sale for $48 edit: & still be $20 adhered per unit! I also agree that pricing things too cheaply makes them appear cheap! Not everyone wants cheap things. Some people are quite happy to pay for quality. & also in your case would understand they are handmade items which naturally adds value & cost. Fabulous video

What a great channel, clear information and to the point. Thank you!

Really great video!

Why do you have many businesses if you made 1 million from just one. Why invest time and energy in other things when one business is so strong already? I don't understand why the husband abandoned the lucrative job that makes 1 million and go to another company that you both do not own. I am also not sure why all your business' are creative type companies but you later opened up a shop where you buy very cheap cost jewelry and resell other peoples art when you always focused on creativity. All of this is very odd to me. The pattern of all of this is so unusual.

I recently found you on RU-vid, and I want to say you are a Godsend! Thank you for being an amazing rolemodel, who values peoples time and shares real value! You know that you are doing great and are willing to share what you have learned. I enjoy your content! Inspirational! 🙏🌷

This video must have taken so much research. Thanks for helping get the ball rolling

I'm looking for a ceramic company in the United States that can produce several thousand pieces. Are you based in the U.S.? If not, do you know of a reliable company in the U.S. that could handle an order of this size? I would love to support a small business and help it get started. Thank you for your time. I never realized it would be so difficult to find a ceramic company capable of large-scale production.

Where do you sell your product?! Why can’t I find it easily?!

It makes sense what you are saying, but all that marketing sounds like a separate profession to me and I really don’t want to do it myself. I wonder if there are such people as you, with the same level of understanding to hire. As people who I tried working with were not the correct choice for me. I do believe that there are people with the natural interest in selling and marketing, and I am not one of them

They got spandex, fake spandex, cotton, if it's comfortable it always cost more. Like women's clothing is so cheap, they literally must get the material for free because at twice the size, it would have sold out instantly. So, they have never cared about profit at all ever. Because even too big, I just like roomy baggy draping things, unless it's an olive green or rainbow acrylic fat man hoodie where the belly rolls or a bomber jacket from ww2. Its so very dumpy, why not just wear 5x women's cloths, no trainer even.

Another thing I learnt very early in my career is -> not everyone is poor or has the same point of view :D It is funny, but I was selling expensive luxury dermatology products while being poor 20 yo student myself and couldn't understand how anyone can spend so much on one product. I was giving a lot of discounts and doing poor sales because I felt bad that those cosmetics were so expensive and felt kind of ashamed? like I was scamming people (those were good products, so def no). My colleague had to do me a lecture about who is our client (not another poor student but usually wealthier and older woman who WANTS to spend their money). Even if they are not so wealthy, they're here to buy something and feel they invested in themselves, they're taking care of themselves etc. One client also once said to me that she knows all the things she supposed to do but she's a busy lawyer and she doesn't have time so she wants to buy something for her to do it :D It changed my perspective.

It's totally true for me. I often get suspicious if something handmade is priced too low. But I do a lot of things myself so I know how much time and effort goes into art and crafts. Many people are buying art for gifts and then they are ready to spend more. Also, I think it is good to see your products as 'luxury' goods. Handmade goods like jewelry, cute stationary, decorative things etc. are not necessity so you don't have to feel like you're robbing people. They want to buy something so it might as well be from you :)

This is incredibly helpful - thank you!

Do you have an Etsy store???

"Perceived Value"... when you have a novel item, people will buy it at a higher price because they believe the higher $$ = a higher value product. Example... I remember many, many years ago, Cadillac rolled out an inexpensive car for the rich person on a budget, I guess. They wouldn't sell. They raised the price by something like $20,000, and they were being sold out.

I'm a digital artist. I make 3D models and sell them on my Gumroad. I make niche avatars. What i mean by that is, i make avatar models that are unconventional, and unique. Not generic humans. I value my work a lot higher than what i sell it for, and the competition sells their models for less than $20 on all their stuff. A lot of people don't buy my work. I charge a bit higher than the rest, but i might raise my prices thanks to this video!! I think it could be that i don't advertise enough too, but i feel like rasing my prices could help.

I don't see how this will work unless you have a huge following. I tried to sell my handmade stuff and they say I price too much but I spend many hours doing it

Where did you get that rainbow colored organizer?

you beautiful wise soul

I never thought a handmade culture would have picture porn on their website. I was very shocked. Etsy should really just go back to handmade and also bring back Captains and Boards! Such a lost community now, all us handmade in competition with AI, drop shipping, imaging companies etc. I honestly saw a BIG change when a billion people started making t-shirts with companies printing them. It really sucks for us makers.

would be interesting to see if $49.95 outperforms $49.99, since i guess ending in .95 can communicate this idea of of "higher quality"

I would much rather pay a higher price for a quality item. I call buying poor quality items from Walmart paying the "poor tax."