How to Find Best-Selling Products on Etsy (EverBee Tutorial)
Summary
TLDRThis tutorial guides viewers on how to identify profitable digital products to sell on Etsy using the research tool, Everb. It emphasizes the importance of self-validation and provides a step-by-step method to analyze product listings, focusing on estimated revenue, listing age, and shop age to uncover winning products in unsaturated niches. The instructor also recommends narrowing down to a few ideas and delving deeper into specific areas for effective Etsy selling.
Takeaways
- 🔎 The lesson focuses on how to find winning and profitable digital products to sell on Etsy by using the research tool Everb.
- 🛠 Everb is a Chrome extension that provides analytics such as price points, estimated sales, revenue, review count, and listing age.
- 💡 Start with a broad category of interest and then use Everb to dive deeper into specific niches within that category.
- 📈 Sort the results by estimated revenue to identify high-performing products quickly.
- 🗓 Consider the listing and shop age to assess the potential of entering a market; newer listings can indicate less saturation.
- 🏪 Look into the shop details to gather information on the seller's strategy, such as listing titles and tags.
- 🔑 Everb provides valuable insights that can help validate product ideas and boost confidence in one's ability to sell on Etsy.
- 📝 Filtering by revenue and age can help identify profitable and less saturated niches for potential sales.
- 🔑 The script suggests not getting overwhelmed by ideas and focusing on a few to assess their viability.
- 📚 The presenter offers a step-by-step guide through the Digital Freedom Academy for mastering Etsy with digital products.
- 🤝 The Academy provides a community and coaching support to ensure success on Etsy, alleviating the frustration of navigating online ventures alone.
Q & A
What is the main purpose of the lesson in the video script?
-The main purpose of the lesson is to teach viewers how to find winning and profitable digital products to sell on Etsy by using their own research instead of relying solely on others' recommendations.
What tool is recommended for researching products on Etsy in the script?
-The tool recommended for researching products on Etsy in the script is Everb, which is a research tool that can be installed as a Chrome extension.
How does the Everb tool help in the research process?
-Everb helps by scraping analytics from Etsy listings, providing valuable information such as price point, estimated sales, revenue, review count, listing age, and more.
What is the significance of sorting by estimated revenue when researching products?
-Sorting by estimated revenue helps to identify products that can generate significant income, which is a key factor in determining the profitability of a product.
Why is the listing age important when evaluating potential products to sell?
-The listing age is important because it can indicate the potential for entering a market. Listings that have been up for a shorter time but are already successful suggest there may still be room for new sellers to enter the market.
What does the shop age indicate about a category or niche?
-The shop age can indicate whether a category or niche is saturated. A new shop with high sales may suggest that the niche is not overly saturated and there is an opportunity for growth.
How can one get more detailed insights by diving deeper into research?
-By using specific keywords related to subcategories or niches within the broad category and repeating the product analytics process, one can uncover more detailed insights and opportunities.
What are some of the details one can get from the Everb tool about a shop?
-Details from the Everb tool include the shop's age, the number of listings, titles, and tags, which can provide a comprehensive understanding of the shop's strategy and performance.
What advice is given for managing the number of ideas during the research phase?
-The advice given is to not get overwhelmed and to focus on two to three ideas, evaluating the pros and cons of each, and then selecting one specific area to delve into more deeply.
What is the Digital Freedom Academy and how can it help Etsy sellers?
-The Digital Freedom Academy is a step-by-step guide that helps Etsy sellers master the platform with digital products using a unique framework. It provides research, creation, branding, and launching strategies, along with community support to ensure success.
How can viewers get more details about joining the Digital Freedom Academy community?
-Viewers can get more details about joining the Digital Freedom Academy community by clicking the link provided in the video description.
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