Etsy Dropshipping 2023: The Ultimate Step-by-Step Guide!

Table of Contents

1. Introduction
2. Step 1: Account and Store
3. Step 2: Product Research
4. Step 3: Listing Products
5. Step 4: Traffic and Ads
6. Step 5: Shipping Products
7. Step 6: Customer Service
8. Step 7: Scaling
9. Step 8: Optimization
10. Conclusion

Introduction

Hey guys, my name is Greg and I currently run 11 Etsy dropshipping stores that do over $350,000 in revenue each month. In this video, I'm going to share with you the exact steps I would take if I were starting from scratch. Etsy dropshipping is a completely untapped opportunity that can help anyone make 10K in profit each month. So, let's get straight into it.

Step 1: Account and Store

The first step is to create an account and set up your store on Etsy. Sign up with your email or social media account and create your store. It's important to note that using an older account can help with avoiding bans. Also, make sure to set your shop location based on where you are actually based.

Step 2: Product Research

Product research is crucial for finding winning products to sell on Etsy. One method is to check out the top 100 Etsy stores by sales volume using a website called Market Pulse. This will give you insights into what product niches are performing well on the platform. Another method is to search for best-selling products within your chosen niche on Etsy itself. You can also use tools like Search Image by AliExpress to find products available in China that are already bestsellers on Etsy.

Step 3: Listing Products

When listing your products, focus on optimizing your titles, tags, and descriptions. Take inspiration from successful listings in your niche and use keywords that are relevant to your products. Additionally, pay attention to your imagery and consider using tools to change the background and improve the overall look of your product photos.

Step 4: Traffic and Ads

To drive traffic to your Etsy store, use Etsy advertising. Start with a daily budget of $5 and gradually increase it as you see positive results. Monitor the performance of your ads and optimize them based on click-through rates (CTR) and conversion rates. Remember to respond to customer inquiries and messages within 24 hours for good customer service.

Step 5: Shipping Products

When it comes to shipping out products, you have options like buying directly from AliExpress and having it shipped to the customer or using dropshipping services like CJ Dropshipping. As your business grows, you may even consider working with private suppliers for faster and more efficient shipping.

Step 6: Customer Service

Providing excellent customer service is crucial for the success of your Etsy store. Be responsive to customer inquiries and resolve any issues promptly. Keep in mind that customer satisfaction can lead to fewer refunds and negative reviews, ultimately resulting in higher profitability.

Step 7: Scaling

Once you have your first store up and running successfully, consider expanding by creating more stores or adding more products to your existing store. Scaling may also involve hiring employees to handle various aspects of your business, such as product research, listing creation, and customer service.

Step 8: Optimization

Optimizing your Etsy store is an ongoing process. Some key areas to focus on include pricing, search engine optimization (SEO), imagery, average order value, and product diversity. Continuously test and optimize these aspects to maximize your revenue and profit potential.

Conclusion

Starting an Etsy dropshipping business from scratch can be a highly lucrative venture if done correctly. By following the steps outlined in this guide and consistently optimizing your store, you can achieve significant success. Remember to stay focused, continually learn, and adapt to the ever-changing landscape of Etsy. Best of luck on your journey to Etsy dropshipping success!

Highlights

• Etsy dropshipping is an untapped opportunity for making substantial profits.
• Steps to start and grow an Etsy dropshipping business include account and store setup, product research, listing products, driving traffic through advertising, shipping products, providing excellent customer service, scaling your operations, and ongoing optimization.
• Optimization areas include pricing, SEO, imagery, average order value, and product diversity.

FAQ

Q: Can I use my existing Etsy account for dropshipping? A: Yes, you can use your existing Etsy account for dropshipping. However, using an older account can help avoid bans and detection as spam.

Q: How do I find winning products for my Etsy dropshipping store? A: You can find winning products by researching top-selling stores on Etsy using websites like Market Pulse. Additionally, you can search for best-selling products within your niche on Etsy and use tools like Search Image by AliExpress to find products available in China that are already successful on Etsy.

Q: Should I increase my prices as I scale my Etsy dropshipping business? A: Yes, increasing prices can be beneficial as your business grows. It is important to test different price points and monitor customer response to find the optimal price for your products.

Q: How can I provide excellent customer service on Etsy? A: Some key aspects of excellent customer service on Etsy include prompt responses to inquiries and messages, resolving issues quickly, and maintaining a positive attitude towards customer satisfaction. Remember that the customer is king and be willing to go above and beyond to ensure their happiness.

Q: What areas should I focus on when optimizing my Etsy dropshipping store? A: Important areas to optimize include pricing, search engine optimization (SEO), imagery, average order value, and product diversity. Continuously test and improve these aspects to maximize your store's performance and profitability.