Top 5 Etsy Alternatives for Selling Digital Products

Summary

This video explores five alternative platforms to sell digital products, focusing on diversifying income streams beyond Etsy. The creator emphasizes the importance of using multiple platforms like Gumroad, Creative Fabrica, Creative Market, Design Bundles, and Shopify for broader reach and security against potential issues with any single marketplace. While Etsy leads in traffic and sales volume, the alternatives provide valuable opportunities for growth. The video highlights how to leverage these platforms effectively, offering practical insights into listing strategies and the importance of creating your own website for additional stability.

Takeaways

• 📊 Etsy is statistically the top platform for selling digital products due to its large volume of traffic and visitors, making it a great place to learn what sells.
• 🛍️ Etsy receives approximately 405 million visitors in 28 days, far exceeding its competitors like Gumroad and Creative Fabrica in traffic volume.
• 📈 Gumroad is another good platform for selling digital products, but its traffic and sales volume are much lower than Etsy.
• 🎨 Creative Fabrica is a great alternative for selling digital products like clip arts and templates, though its volume is smaller than Etsy, with around 346,000 daily views.
• 🖥️ Creative Market is a good platform for designers and creatives to sell digital products, but it has lower traffic compared to Creative Fabrica and Etsy.
• 📦 Design Bundles is a platform focused on digital design products, offering another potential stream for selling, with around 34,000 daily views.
• 🛒 Shopify allows sellers to create their own website and sell digital products, though it requires more effort in marketing and driving traffic compared to marketplaces like Etsy.
• 🔍 Having a standalone website (e.g., Shopify) is a great backup plan in case something happens to an Etsy store, and it helps build long-term business assets.
• 🚀 Using multiple platforms to sell digital products can diversify income streams and provide protection if one platform has issues.
• 💡 Tools for SEO, listing optimization, and marketing are crucial when selling on platforms like Etsy, Gumroad, and Shopify to maximize visibility and sales.

Q & A

What is the primary purpose of the video?

The primary purpose of the video is to introduce viewers to five alternative platforms for selling digital products, apart from Etsy, to help them diversify their income streams.

Why does the creator consider Etsy to be the best platform for selling digital products?

The creator considers Etsy the best platform because of its massive traffic, with 405 million visitors in the last 28 days and 14.49 million daily visitors, making it a highly effective marketplace for selling digital products.

What are the alternatives to Etsy mentioned in the video?

The alternatives to Etsy mentioned in the video include Gumroad, Creative Fabrica, Creative Market, Design Bundles, and Shopify.

What makes Shopify a unique option compared to the other platforms discussed?

Shopify is unique because it allows sellers to create their own website and control the branding and marketing. Unlike marketplaces like Etsy, sellers must drive their own traffic, but Shopify provides more control and ownership over the store.

Why does the creator recommend selling on multiple platforms?

The creator recommends selling on multiple platforms to diversify income streams and safeguard against potential issues like a store shutdown or account suspension on one platform. It also allows sellers to reach different audiences across various marketplaces.

How does Gumroad compare to Etsy in terms of traffic?

Gumroad receives significantly less traffic than Etsy, with around 798,000 daily visitors compared to Etsy’s 14.49 million daily visitors. However, it is still a viable platform for selling digital products.

What are the advantages of using Creative Fabrica for selling digital products?

Creative Fabrica offers a user-friendly platform with a focus on digital products like clip art and design templates. While its traffic is lower than Etsy’s, with 346,000 daily visitors, it attracts a highly targeted audience interested in creative digital products.

What types of products are commonly sold on Creative Market?

Creative Market primarily focuses on products like fonts, templates, mockups, and other graphic design-related items. It caters to a more specialized audience compared to Etsy.

What is the significance of Design Bundles for digital product sellers?

Design Bundles is another platform for selling digital design products, particularly focused on graphics and templates. While it receives less traffic than Etsy, with 34,000 daily visitors, it is still a valuable platform for reaching a niche audience.

What is the creator’s advice for selling on Shopify?

The creator advises sellers to build their Shopify store as a backup in case something happens to their Etsy store. Though it requires marketing effort to drive traffic, having a Shopify store provides an asset the seller fully owns, and it could potentially attract more sales as it grows in Google search rankings.