Last Updated on February 16, 2023 by Kimberlee Johnson
Are you looking for alternative methods to generate income for your company while expanding your customer base?
Selling subscription boxes on Etsy can be an excellent way to grow your business while providing your customers with a convenient and affordable way to get the products they need.
So, we’ll be looking at how to sell subscription boxes on Etsy and what you need to know to get started.
Step By Step Process In Selling Subscription Boxes On Etsy
1. Set Up An Account On Etsy
Start an Etsy account if you don’t have one. This is the platform you’ll use to sell your subscription boxes.
2. Create Your Listings
On Etsy, create a listing for each subscription box you want to sell. Include detailed product descriptions, photos, and pricing information.
Make sure to clearly explain the subscription terms, such as how often the boxes will be shipped and what customers expect to receive in each box.
3. Choose Your Pricing
Determine the price of your subscription boxes based on the cost of materials, shipping [1], and other expenses associated with running your business.
4. Choose A Payment Method
Etsy supports a variety of payment methods, including PayPal and credit cards. Pick the way that will serve both you and your clients most effectively.
5. Set Up Shipping
Determine the shipping cost for your subscription boxes and include this information in your product listing.
Additionally, you can simplify logistics by providing free delivery or creating shipping profiles for different customer types.
6. Promote Your Listings
Promote your subscription boxes using social media, email, and other means necessary to reach your target audience. Offer discounts or promotions to encourage people to sign up for your boxes.
7. Process Orders & Deliveries
When you receive an order for a subscription box, fulfill it promptly and efficiently. You can automate the delivery process using a subscription management service or handle it manually.
8. Monitor Your Sales
Keep track of your sales and customer feedback [2], and adjust your offerings as needed.
Consider offering different subscription options or changing the products in your boxes to keep your customers engaged and interested.
Find out the reason why subscription boxes are so popular here.
Do You Need To Pay A Monthly Fee To Sell On Etsy?
No, Etsy does not have a monthly fee; it has only six selling fees: listing, transaction, auto-renew, private listing, multi-quantity, and payment processing fee.
Etsy charges a $0.20 listing fee per item listed and a 6.5% transaction fee on the sale price of each item sold.
“If you don’t believe in what you’re selling, neither will your prospect.”
– Frank Bettger, American Author
The $0.20 fee allows you to keep your item listed for up to 4 months, after which it will need to be renewed.
However, if the item sells before four months, you won’t be charged for renewing the listing.
As such, the listing fee is a small cost for access to a large customer base and the support of the Etsy community.
What Is The Cost Of An Etsy Subscription?
The cost of an Etsy subscription depends on the plan that is selected.
When a seller registers on Etsy, they automatically gain access to the standard plan, known as the Etsy Standard, which provides the seller with some basic features.
This plan includes access to the Etsy Ads, basic shop customization tools, listing creation, and discounted shipping. And the standard fee that you will be responsible for paying is 15% of the order.
The Etsy Plus is available for $10 USD per month for those who want more features.
This plan includes all the features of the Etsy Standard, as well as access to advanced shop customization tools, marketing tools, and priority customer service.
Not just that, Etsy sellers can take advantage of several perks, including a monthly credit allotment for listing and Etsy Ads expenses, restocking requests for buyers, and a discount on a customized web address for their stores.
Find out how subscription box companies earn a profit here.
Is There A Need For A Business License To Sell On Etsy?
Fortunately, Etsy does not require sellers to acquire business licenses to sell their products on the website.
But it depends on the specific laws and regulations of the business’s jurisdiction.
It’s advisable to check with local authorities to determine the specific requirements for obtaining a business license in your area.
What Items Cannot Be Sold On Etsy?
Etsy prohibits the sale of certain items, such as weapons, drugs, alcohol, tobacco, animals, and any illegal, hazardous, or offensive items.
All items listed on Etsy must adhere to Etsy’s policies, including intellectual property rights and copyright laws.
Is Selling On Etsy Worth It?
Yes, selling on Etsy is worth it. Etsy offers a great platform to find customers quickly and easily.
It is a great way to start selling products online, as you don’t need to go through the hassle of setting up a website.
And it has an easy-to-use interface and provides excellent customer service.
Etsy provides a built-in community of buyers, sellers, and influencers who can help you get the word out about your products.
On top of that, Etsy offers many features that make selling more accessible, such as product categories, search filters, customer reviews, and promotional tools.
Finally, it has a low cost of entry and offers competitive fees, which makes it an attractive option for those just starting in e-commerce.
Also Read: 4 Easy Steps To Send Your Friend A Netflix Gift Subscription
FAQs
Can you sell things that aren’t handmade on Etsy?
No, you cannot sell things that are not handmade on Etsy.
How many items do you need to have before selling on Etsy?
To sell items on Etsy, you must have at least one item listed for sale. Once you have an item listed, you can add more items to your shop to increase your selection.
Is Etsy becoming oversaturated?
Yes, Etsy is becoming oversaturated as more sellers join the platform and competition increases.
Key Takeaways
The subscription box market on Etsy is a great way to grow a successful online business and create a unique, personalized shopping experience for your customers.
You can create a profitable subscription box business with knowledge and hard work.
And as long as you focus on providing quality products, excellent customer service, and creative subscription box options, you can successfully sell your products on Etsy.
References:
- https://www.deccanchronicle.com/in-focus/130122/shipping-business-benefits-and-statistics.html
- https://smallbusiness.chron.com/importance-customer-feedback-2089.html
- What To Wear To A College Party For Guys: 10 Outfits (2023) - March 24, 2023
- How To Throw A Hotel Party & Not Get Busted: Full Guide - March 24, 2023
- How To Make A Backdrop For A Party: Full Guide (2023 Updated) - March 24, 2023