Etsy is an amazing online community for people who buy or sell handmade items. One of the reasons that Etsy has taken the crafting community by storm is the long list of benefits offered to Etsy sellers. However, even with as many resources as they offer, running an Etsy store can still be an expensive proposition. Follow along as we show you three ways to lower the overall costs of running your Etsy storefront.
Keep an Eye on Craft Supply Costs
One of the ways that you can lower the costs of running your Etsy store is to reduce the cost of your supplies. One of the pitfalls that many Etsy sellers fall into is that their desire to use top quality supplies makes it expensive to produce their final product. However, this doesn’t have to be the case. Just because you use high quality resources in your production process doesn’t mean you must pay full price for those items.
For example, if the focus of your store is using applique to decorate blank baby bodysuits, you can purchase a top quality baby bodysuit through a sale or from a supplier that regularly offers discounted pricing on quality family apparel-like Rock Bottom T-Shirts. This keeps your costs low and can make it more profitable to run your Etsy store.
Become Less Dependent on Paper
Another way to cut the overall cost of your Etsy store is to minimize the amount of paper that you use. The cost of printing paper, file folders and other stationary is something that adds up very quickly. By finding digital alternatives to forms, faxes and other printed documents you can lessen your paper dependence and save money.
Of course, since you’re essentially running a mail order business it would be impossible to go 100% paperless. Nonetheless, even running a near paperless office will help your store’s bottom line and the environment as well.
Energy Efficient Office
Your business can also realize savings by using energy efficient computers and equipment. For example, if your computer, scanner or monitor uses a low amount of energy, this will reduce the cost of doing business in the long run. The same holds true for lights, faxes and other office equipment. The less energy you use the lower your utilities will be.
We hope that this post has been helpful to you and that these tips help you reduce the costs of running your Etsy shop. Also, we’d love your feedback so please leave a comment and let us know your thoughts. And don’t forget that you can subscribe to our RSS feed or newsletter to stay up to date on the latest applique, budgeting and fashion tips!