Find Winning Digital Products To Sell on ETSY in Under 5 Minutes (2024)

Summary

This video tutorial guides viewers on how to identify profitable digital products to sell on Etsy within just 5 minutes. It emphasizes the importance of not only finding best sellers but also analyzing revenue potential and listing age to uncover opportunities for new sellers. The presenter introduces 'everb', a Chrome extension that simplifies the process, allowing users to conduct product analysis and keyword research to discover niches with high demand and recent listings. The video demonstrates practical steps using 'everb' to filter listings, assess revenue, and explore keywords, ultimately helping users to pinpoint lucrative digital product ideas and understand market demand.

Takeaways

• 😀 Selling digital products on Etsy can be overwhelming, but there are tools to help identify profitable opportunities.
• 🔍 A common mistake is to only look at best sellers and reviews without considering revenue potential and listing age.
• 🛠️ The Everb tool is recommended for quickly identifying digital products that are proven sellers and analyzing their revenue and age.
• 📈 Everb provides insights such as monthly revenue and listing age, which are crucial for understanding a product's current demand and potential for profitability.
• 🔑 Using customer-focused keywords like 'how-to' can help simulate a customer's search behavior and identify relevant digital products.
• ⏱️ With Everb, within 5 minutes, you can identify niches that are new and potentially profitable for a new shop on Etsy.
• 📊 Filtering Everb results by listing age (e.g., less than 21 months) can help find recently added listings that are currently profitable.
• 📝 Taking note of successful keywords and analyzing product reviews can provide ideas for creating better or similar digital products.
• 🔑 Identifying niches such as 'faceless digital marketing' and 'Instagram account creation' can reveal opportunities for creating themed digital products.
• 📚 Keyword research with Everb can uncover additional opportunities and reveal high-demand, less competitive keywords.
• 💡 The script emphasizes the importance of understanding current market demand and revenue generation for new sellers on Etsy, rather than just focusing on best sellers.

Q & A

What is the main topic of the video?

The main topic of the video is about finding profitable digital products to sell on Etsy and using a tool called Everb to identify opportunities and analyze product listings.

Why is it challenging to identify opportunities for new sellers on Etsy?

It's challenging because new sellers need to understand the revenue potential of a specific digital product and how long that listing has been on Etsy to gauge their potential for profitability in a niche.

What is Everb and how does it help with selling digital products on Etsy?

Everb is a Chrome extension that helps users analyze product listings on Etsy, providing insights into monthly revenue, listing age, and keyword data, making it easier to identify profitable niches and opportunities for new sellers.

What are some common mistakes people make when trying to identify best sellers on Etsy?

Common mistakes include only looking at Etsy's best sellers list and checking reviews without considering the revenue potential and the age of the listings, which are crucial for understanding the current demand and profitability.

How can using relevant customer keywords help in finding digital products to sell on Etsy?

Using relevant customer keywords helps to put oneself in the customer's shoes and find products that they are actually searching for, which can lead to identifying profitable niches and products that are in demand.

What is the significance of filtering out listings that are over 21 months old when using Everb?

Filtering out older listings helps to focus on more recent products that have been uploaded in the last few months, providing insights into currently trending and profitable digital products.

What kind of digital products are mentioned as examples of profitable items in the video?

Examples of profitable digital products mentioned include master reseller rights (MRR) books, ebooks, digital marketing guides, and templates for creating Instagram accounts.

What is the 'faceless digital marketing' niche mentioned in the video and why is it significant?

The 'faceless digital marketing' niche refers to individuals using Instagram to monetize their accounts by creating videos that do not show their face, often using digital stock photography. It's significant because it represents a growing trend and opportunity for selling digital products like templates and guides.

How can analyzing the monthly revenue and listing age of products help in identifying profitable opportunities?

Analyzing monthly revenue provides insights into how much a listing is generating, indicating demand. Listing age shows how recent the product is, which can help determine if it's still relevant and in demand, thus identifying profitable opportunities.

What are some additional steps recommended in the video for further research and identifying opportunities?

The video recommends using Everb's keyword research tool, looking at product reviews for ideas on how to improve listings, and considering creating bundles or themed products based on identified niches and trends.