HOW SUCCESSFUL IS YOUR ETSY SHOP COMPARED TO THE AVERAGE?

[#1]

How is your Etsy Shop doing? ETSY STATISTICS & a story too – For Your Information

Compiled from information found at: www.etsy.com/careers/?ref=ft_careers

Etsy has over 15,000,000 members of which about 800,000 are active sellers that leaves the other 14,200,000 members are buyers. Said another way about 5.3% of the total membership are Etsy Sellers.

There are over 13,500,000 listed items which averages about to about 17 items per Etsy Seller.

In 2011, $500,000,000 of goods were sold, which averages out to $625 for the year for each Etsy Seller.

There are over 1,000,000,000 page views a month on Etsy, which averages out to 1,250 average page views a month per active Etsy Seller.

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So, in summary, how does your Etsy Shop’s Statistics compare with the average on Etsy?

Are your monthly sales averaging over $52 (the average for Etsy Shop Owners)? If so you are doing better than average. Are your weekly sales averaging over $12 (the average for Etsy Shop Owners)? If so you are doing better than average.

Using my SWG formula (Scientific Wild Guess) that would conclude that the average Etsy Seller may be “keystoning” (or charging 2 times what it costs to make the product) so the average Etsy Seller is grossing about $6 per week in gross profit, before their labor and shop management costs.

Let’s see how does this compare with what many believe is the lowest paid worker in the world.

A recent UN International Labor Organization (ILO) reports shows that wage earners in China made and average equivalent of just $656 a month, ranking them 57th out of the 72 countries the report covered. This is $7,872 annually and $151 (divided 7,872 by 52 weeks) per week.

How does this make you feel, probably hating me for presenting these facts to you; sorry?

$151 compared to $6 per week means the average Etsy Seller is making almost 4% of what today’s average wage earner in China makes. Said another way, today’s average wage earner in China is making over 25 times as much as the average Etsy Seller is making each week (151 divided by 6).

Let’s see the average wage earner in China and I am making one of my SWGs here works about 50 hours per week to make $151 so per hour they are making about $3.02 compared to what the average Etsy Sellers makes per week of: 20 hours per week = $0.30 per hour, 40 hours per week = $0.15 per hour, or 50 hours per week = $0.12 per hour.

Are you ready to kill the messenger (Me) now? You’ve got me running scared. Please don’t kill me because I believe all of you are doing much better than the average Etsy Seller, and you are providing the world wide web with some of the most unique products they can find anywhere in the world. You are differently giving of yourself. Anyway it’s just fun and games running an Etsy Shop isn’t it?

[REFERENCE: www.forbes.com/sites/kenrapoza/2012/04/04/u-n-shocker-chinese-worke... ]

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BREAK TIME (so I can hide from those who have put a contract out on me)
Here is a positive thought to consider: “It matters not how long we live but how.” — Philip James Bailey

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I am sure there must be one of you Etsy Sellers that is grossing more than $1,000 each month; would you be kind enough to share your secrets with us here today? Thanks for sharing.

Everyone please check back to see the comments of those grossing more than $1,000 each month; this is the goods news that may save me and then you’ll stop hating me for sharing this factual news with you.

Please enjoy a wonderful day; after all, life does not have to be PERFECT for it to be WONDERFUL for you. It is and always has been that the best things in life are free! Please enjoy the wonderful gifts we have on our planet that someone other than man made for us, whoever that may be. If you are an early riser you may enjoy the Sunrise or after the day is done the Sunset. I like photographing Sunsets more since there are more “reds and orange” colors from all the particles in the air. Sunset photo tip: Set you camera on a TRIPOD facing the Sunset, then every 20 to 30 seconds press the timer button so your camera will be perfectly still when it takes each and every shot of the Sunset. Now, choose the very best photo to share with others and do not let them see the others and everyone will believe you are the world’s best photographer of Sunsets.

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I leave now to go find a secure place for those who I may have smashed their “happy bubble” – I am very sorry about that. These are sad facts, but there are just statistically analyzed from Etsy’s facts. Hopefully, “tomorrow will be a better day” (so said Scarlet when Rhett Butler walked out on her); yes, hopefully 2012 will prove to be a better day for us all. There is absolutely the finest talent here for unique and beneficial products found anywhere on the World Wide Web. Congratulations to all for sharing your handmade creations with this all. I think I spend more dollars on Etsy than I take in. And, I am truly enjoying what I purchase directly from the maker, creator, and very special unique person behind each and every sale!

WOW it really does make my day buying and selling (a little) on Etsy too.

Take great care of yourself, thanks for being a guest at my “messy” Etsy Shop, soon to be improved (I’ve just been playing for my 1st 4 months and I need to get serious about things so I can at least achieve above average results on Etsy).

And, a very special super-duper THANKS to all of my Etsy Shop Clients and VIP Guests, I really do enjoy helping you and your making my day when you click on the “add to cart” button, or just “favorite” and item or my shop or add me to your circle. It really makes me feel good.

Mike M.
www.etsy.com/shop/WOWPhoto

To help make up for being the messenger with not so great facts, please enjoy a visit to the beautiful Butchart Gardens on Victoria Island in British Columbia:

www.butchartgardens.com

And, if you don’t want to travel that far I have an Etsy Shop that I just 100% enjoy visiting right here in Etsyland – Garden Copper Art - www.etsy.com/shop/GardenCopperArt - I am a gardener at heart with over 87 roses in my home gardens.

Each morning when my Bride of over 45 years awakens I do my very best to present her with a cut rose in a bud vase I take with me when I cut the rose so it is the perfect length for the bud vase and I always have the vase filled with water so the rose can have a drink seconds after being cut. I find doing this helps each rose last a couple of days longer. I also present my wife with a photo love not from me and a gentle soft and tender kiss with some very special and personal I love you words. Following this I serve her orange juice while her tea steeps and I fix breakfast for you. It is just one tiny way I both show my love and respect for her each and every day that I can. And, do you know what? I love my wife each day more than the previous day, yet only half as much as tomorrow.

Ladies, please have your “hubby” or “significant other” read this so he or she can daily show love and respect to your each and every day in a very special way; you deserve it, especially because you share your all with the world wide web of folks here in Etsyland – the friendliest place on Earth – I would say the happiest, but California Disneyland has had a sign up since I was a little kid proclaiming it is the “happiest place on earth.” But, it is you and I that make Etsyland the “friendliest place on earth.”

Thanks so very much for reading my little essay story today of 1,379 words.


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[GFTWoodcraft]

my stats for last year (2016) were

1,818 Orders: REVENUE $42,407.57


Compared to this year:

290 orders - 8,196.20 revenue

[Mowcka]

OHHH WOOO!

[Former_Member]

What's up fellow members? I closed shop for a while, opened a papers & herbs shop, then, came back to open an OOAK jewelry shop... and saw these stats.

I have not been having a sale for a while since I reopened, and on the other shop www.toykalapawmi.etsy.com, handmade paper products are quite slow... I heard must be the paper products that are flooding the market from China at very low prices...

I hope to get some good tips here, tho.

Have a nice day everyone!