It’s the other way around. Give Etsy $30 they give you back $1 🙃. Unless you are selling lowest common denominator cringe stuff to suburban wine moms. I get a ton of favorited items. Hopefully they buy during Christmas. I turn on ads for new items to give them a boost up front then turn ads off after they don’t sell for a couple months.
Yep, it’s only going to continue to get more expensive as it gets more competitive, but the cost per click does not matter as much as your profit after your spend really it’s the only thing that matters is. Are you making the profit after your spend?
I really want to understand Etsy ads. Unfortunately I haven't been in the corporate world for years, and I just don't understand the "Corporate Speak" that you use. Can you make a video that explains this in language that a 5th grader (sort of like me 😂) can understand? I truly enjoy your content, and I have no doubt that its very informative, I just have a hard time with some of the terminology! No shade, just truly want to understand better! Thank you!
What a great news. I am a data nerd, but still TACos are impossible to calculate. I dont see this feature in my account this morning, when is it rolling out?
How long do you run ads when they're not profitable? Like is there a sweet spot, like a swing that occurs. My degree is in math so when you show give Etsy a dollar, they give you back 2.42, that means you're items have better be at minimum 30 to 35% profit just to break even on that ad. I ran ads for 2 months before I turned them all off. I only turned them on because I started getting more frequent sales, and it literally made me crickets, use all the profits I made and got the same number of sales for those 2 months. Needless to say I was very frustrated lolol I don't have social media and just started pushing listings to Etsy. I know my SEO is good because I'm getting about 250 visits from Pinterest a month already, and a lot of my sales are coming from Google search (which kills my profit). I am just trying to get my website up so I can drive traffic there with SEO since it's already coming up on Google search without it being done. I feel like SEO for web vs Etsy is so different lolol Sorry for the rant lolol
So like we taught in the video, the only thing that matters is hitting your profit numbers. It’s the solely thing that matters when deciding on when to turn things on or off, where did I lose you in the video so I can explain it better. Or if you have a better strategy, what is yours that is better? The way I was teaching. I thought I was making it very black-and-white to remove any confusion.
Ahhh! Thanks for the shoutout, Hannah! 🥹 Not necessary but oh so appreciated! 🙏 Thanks for being a real one in this community! I truly believe in educating and supporting Etsy sellers all day!
So far I'm loving profit tree! Thank you so much for creating it. It's made my store so much more profitable since I can look at my numbers much clearer.
Are you making money from Etsy, just for telling us to pay for ads? I mean, they make money when we pay for ads, but I'm not sure that's wise. I've heard other Etsy gurus say to NOT pay for ads.
