In short
The Side Hustle Show - Episode Summary: Etsy Printables: $10,000 a Month Selling Digital Products on Etsy (Greatest Hits)
Podcast Overview Host: Nick Loper Guest: Rachel Jones Published: [Date Not Provided] Theme: Creating passive income through digital products on Etsy
The episode discusses how Rachel Jones successfully created a passive income stream by selling Etsy printables, averaging over $10,000 in monthly sales while maintaining a full-time job and raising two kids. She shares insights on niche selection, product categories, tools, marketing strategies, and the importance of keyword research.
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Key Concepts & Insights
- The Buy Buttons Strategy
- Definition: Focus on marketplaces where potential customers are already shopping to kickstart sales.
- Rachel emphasizes finding profitable niches on platforms like Etsy.
- Finding Profitable Niches
- Research Methods:
- Explore Etsy for trending products (e.g., type "printables" and look for bestseller tags).
- Use tools such as eRank for keyword research and competitor analysis.
- Monitor seasonal trends (e.g., Mother’s Day, Christmas).
- Product Categories
- Rachel shares some successful categories:
- Digital planners and budgeting tools.
- Wall art and custom orders (e.g., wedding decorations).
- Business templates (e.g., COVID forms).
- Tools and Technology
- Design Tools: Primarily use Canva for creating products.
- Keyword Tools: eRank is a recommended tool for tracking competition and finding trending keywords.
- Marketing Strategies
- Etsy Ads: Invest in keyword-optimized ads for targeted visibility.
- Listing Optimization:
- Eye-catching images are crucial for first impressions.
- Use videos to demonstrate products and their uses.
- Craft detailed, keyword-rich titles and descriptions.
- Value Addition
- Adding bonuses (e.g., e-books or guides) to products increases perceived value and can lead to higher sales.
- Challenges and Adaptations
- Rachel discusses the evolving competition on Etsy and the need to adapt to market changes.
- Importance of continuously researching and pivoting to new product ideas to stay relevant.
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Current Status and Future Plans
- Rachel transitioned to full-time entrepreneurship in 2021 and has over 400 products listed.
- While she enjoys the flexibility of her business, she also teaches part-time, seeking a balance between work and personal life.
- Plans to continue growing her Etsy business while integrating new marketing strategies (e.g., Facebook ads) and exploring trends in the digital product space.
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Key Takeaways
- Market Demand: Always align products with market demand rather than personal passion alone.
- Simplicity is Key: Create straightforward solutions that address common problems.
- Utilize Trends: Stay aware of cultural shifts and emerging needs to identify potential product opportunities.
- Community Engagement: Foster connections with customers through social media and community-focused products (e.g., games, party planning) to build loyalty.
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Conclusion Rachel's journey emphasizes the potential for digital products on platforms like Etsy and the importance of strategic research, quality design, and effective marketing. With the right approach, individuals can build a successful side hustle that may evolve into a full-time income stream. The discussion serves as a valuable resource for aspiring entrepreneurs looking to navigate the digital marketplace.
For more insights and resources, visit [Money Hacking Mama](https://moneyhackingmama.com) and check out the full show notes at [Side Hustle Nation](https://sidehustlenation.com/rachel-j).
Written by AI. May contain mistakes. Listen to the episode to check what was said.
Chapters
Tap a time to open that second in VOFinding Profitable Niches on Etsy
2:28 to 3:56
Rachel shares tips on how to explore Etsy and identify best-selling printables.
“So my biggest recommendation is to go on Etsy and just explore.”
Examples of Successful Printables
3:56 to 5:48
Discussion about different types of printables like Mother's Day cards and their appeal.
“What would be an example of like a Mother's Day printable?”
Diving into Pricing Strategies
5:48 to 8:00
Exploration of pricing strategies for printables and their potential profitability.
“And so I was wondering if it was that one, but it's not.”
Starting Points for New Sellers
8:00 to 9:16
Rachel discusses her journey in creating printables and suggestions for newcomers.
“So if you're at a wedding party and at the cocktail table, you might have a cute little sign, either wall art or a sign that says something cute about drinking or something like that.”
Shifting Focus to Business Templates
9:16 to 12:00
Rachel explains her pivot to creating business templates and identifying market needs.
“So this is just kind of a sign they would hang on their door of like, you know, do not enter if you've had any of these symptoms type of thing.”
Using Tools for Product Research
12:00 to 13:16
Insights on tools like eRank for researching competition and keywords on Etsy.
“bunch of time making a product that never sells, or you can do all the research upfront and kind of decide based on your research, whether or not a product is worth taking a chance on.”
Identifying Keywords and Market Trends
13:16 to 14:02
Discussion on using keywords effectively to find low competition and high demand.
“But I think eRank will put for competition, if it's 50 ,000 or more, it'll be in red.”
Finding Success with Long-Tail Keywords
14:02 to 19:21
Learn how to utilize specific, long-tail keywords to improve product visibility on Etsy.
“Lawn care business for kids planning template, like really long tail type of stuff.”
Building a Competitive Edge on Etsy
21:36 to 28:00
Explore strategies for creating a competitive advantage in the Etsy marketplace.
“Is there anything you can do on the digital side to build a virtual moat or some sort of competitive defense around a niche that you find or a product that you found to be profitable.”
Understanding Competitor Dynamics
28:00 to 29:24
Learn about the importance of transparency and showcasing your products in a competitive market.
“The store has over 5 ,000 sales and it's got the bestseller tags.”
Show all 28 chapters
The Value of Image Optimization
29:24 to 31:00
Discover how to enhance product appeal through effective image and design strategies.
“minutes, but not everybody has your tech abilities.”
Mastering Titles and Descriptions for Etsy
31:00 to 32:46
Understand the significance of keywords in titles and descriptions to increase product visibility.
“Anything on the titles, descriptions, like keyword.”
Leveraging Etsy Ads for Growth
32:46 to 34:03
Explore effective strategies for using Etsy ads to boost product sales and traffic.
“So like, don't put form and forms because at CC's those ads the same and you want to keep as many keywords as you can and use unique ones.”
Calculating Return on Ad Spend
34:03 to 36:04
Learn how to evaluate and optimize your advertising spend for profitability.
“And so I have a freebie on my website that goes into depth, but I can highlight some of the best practices here.”
Expanding Marketing Beyond Etsy
36:04 to 37:34
Discover additional marketing channels like Pinterest and Instagram to promote your products.
“It is very contingent on you as an individual, you as a shop, your click-through rate, your order rate, because you can spend a bunch of money and you can have a$30 item.”
Time Management for Etsy Sellers
37:34 to 40:06
Get insights on how to effectively manage your time while running an Etsy shop.
“You mentioned Pinterest, you've got the blog, you've got potentially this Facebook thing going down the road.”
Future Aspirations for the Etsy Shop
40:06 to 42:01
Hear about the plans and goals for scaling the Etsy business and achieving greater financial success.
“there is I want to make a thousand dollars a day, which I know is like, that seems kind of crazy when I say it, but I think it's possible.”
Travel Plans and Tips for Entrepreneurs
42:01 to 43:34
Learn about the benefits of traveling while managing a side hustle.
“Anything else you're excited about for the rest of 2021?”
Key Insight: Follow Demand
43:34 to 43:44
Discover the importance of aligning your business with market demand.
“Definitely a common theme here on the Side Hustle Show.”
Etsy Growth and Potential
43:44 to 44:38
Explore the growing opportunities on Etsy for digital products.
“Creating helpful products that you can sell over and over again in at least a semi-automated fashion.”
Reflecting on Five Years of Etsy Success
47:04 to 49:16
Rachel reflects on her journey with Etsy and shares insights into her product offerings.
“Because the Etsy charges you still the 20 cent listing fee.”
Navigating Changes in the Etsy Marketplace
49:16 to 51:13
Discuss how the Etsy marketplace has evolved and strategies to adapt.
“But if you think of the trends that happen.”
Leveraging AI and Value-Added Products
51:13 to 55:56
Understand the impact of AI on product creation and enhancing offerings.
“My husband, I think, is a full extrovert.”
Navigating AI and Digital Products
56:00 to 57:28
Discover how AI impacts digital product sales and consumer behavior.
“I've wondered that, but sales are still there for products that I have used AI to create or could easily be created.”
Market Opportunities for New Sellers
57:28 to 59:20
Explore the most promising niches for new sellers in digital products.
“Even as AI has become more prevalent, like, look, people are still buying this stuff.”
Inspiration from Childhood Passions
59:20 to 1:00:19
Learn how childhood interests can inspire profitable business ideas.
“Yeah, I remember talking with Debbie Gartner, the flooring girl, and she was talking about her Etsy business, which was up to like a thousand bucks a week.”
Simplicity in Product Creation
1:00:19 to 1:01:32
Understand the importance of keeping products simple for consumer appeal.
“And I think one thing I would recommend to people is keep it simple.”
Future Plans and Passive Income
1:01:32 to 1:02:18
Hear about future plans and the journey towards creating passive income.
“Because it's like every, you know, every product has a life cycle.”
Transcript
Automatic transcript. May contain errors.0:00If you're selling online or out of a storefront, you already know the challenge. You're hoping people find your listing or you're waiting for them to walk in. Whatnot lips that. This is the live shopping platform that's exploding right now. On Whatnot, you go live and you sell directly to real people in real time. They see what you've got, they ask questions, and they buy. And what's crazy is Whatnot buyers spend more than an hour a day in the app. So whether it's beauty products, collectibles, thrift store finds, electronics, even cookies, sellers are building real thriving businesses on Whatnot.
0:34I've seen the rankings, I've seen the revenue numbers, and the number of sellers making over a million dollars on Whatnot has doubled in the last year. Now's the time to give it a try for yourself. For a limited time, Whatnot will match your first$150 sold in the first month. Visit whatnot.com slash sell to start selling. That's W-H-A-T-N-O-T dot com slash sell. Whatnot.com slash sell. Here's an oldie but a goodie from the archives from the Side Hustle Show Greatest Hits Collection. Plus, stick around for the time travel segment at the end to learn where Rachel's business is at today and what's changed in the digital product game since our original recording.
1:17What's up, what's up, Nick Loper here. Welcome to the Side Hustle Show because nobody else is going to do it for you. Awesome episode for you today on creating assets you can sell over and over again. Today's guest has done an excellent job of that in the world of Etsy printables, averaging over 10 grand a month in sales so far this year while balancing a full-time job and two young kids. You can find Rachel Jones at moneyhackingmama.com and stick around in this one to learn how to find profitable niches to sell digital products in on Etsy, some of the product categories she likes, and the tools and technology that she's using to get it all done.
1:56This is a dream business in a lot of ways because there's almost no overhead and the platform, Etsy in this case, is handling and automating your order fulfillment and giving you some powerful marketing tools to drive more sales. I like it. I'm excited about this one. Notes and links to all the resources mentioned are at sidehustlenation.com slash Rachel J. Now, because there's a lot of copycatting in this space, Rachel asked that her shop remain private, which is why you won't hear it mentioned by name in this episode. Still, she's got me fired up about the possibilities here. Big thanks to Cody from Gold City Ventures and The Fi Show for the intro.
2:31Ready? Let's do it.
2:36I like the quote, success leaves clues. So my biggest recommendation is to go on Etsy and just explore. I mean, you can go as simple as just type in the word printables or digital download and see what pops up. And then one key thing you're going to look for is bestseller tags. So Etsy gives this information away, which I love for doing research. But if you're looking at listings, you can just kind of zoom out and glaze your eyes. So you're not paying attention and distracted by the pretty pictures, but just look for that bestsellers tag. And then once you find that you can dig a little deeper and that will give you clues as to things that are selling because there's, you know, I'm sure millions of products on Etsy and there's, it's hard to tell which ones are selling and which aren't, but you know, if they're a bestseller that they are getting sales, people are purchasing those.
3:24And so there's a reason why those are popular. And then it just, you can use your intuition and, you know, around Mother's Day, Mother's Day printables are probably going to be popular. So that's another thing is trends and follow the seasons. Right now we're getting close to graduation season. Father's Day is coming up. You know, Christmas is a huge holiday where people are buying things to make the season special, looking for the bestseller tags, but then also thinking of like in a macro level of what's going on in the world. Yeah, that's really, really helpful. I'm not obviously the target customer for buying this type of stuff.
4:00What would be an example of like a Mother's Day printable? Like, did I miss the boat on something that I should have ordered? I mean, you can download cards. So people, printable cards, you know, you go to Walmart and you can get a physical card, but some people, maybe they're so last minute or COVID, they don't want to go to the store. So they just buy one and print it at home or they want something really unique, funny cat thing that you can't find on the Hallmark aisle. And so you can just download it at home. The other thing too, if you have, let's say you had, people are trying to save money, you can buy it once and you could give it to your mom every year, which that would be kind of silly, but maybe you have your mother, you know, your in-laws, you know, there's now there's step-parents and things like that.
4:39You could have four moms that you want to give to. And so you could give them all the same card because you bought it once and you can print it multiple times. Oh, interesting. So I searched printables following your advice, and there are several results. I mean, there's hundreds of results, but a lot of them do have this bestseller tag on them. One of them is this daily habit tracker printable. It looks almost identical to this one that I created for free and gave away as a lead magnet, except, I mean, it's much prettier than the version that I made at Google Docs. Like, it's got a nice font.
5:09It's got, like, this nice flower picture on it. But this thing is selling for$4.14. It's got the bestseller tag. It has 1 ,600 five-star reviews, as far as I can tell. Are those reviews for the shop itself or for that specific product? The shop itself. Okay, so it's not necessarily that this one thing has been sold 1 ,600 times, but it's safe to say something is moving from the shop. What's the name of that shop? It is Design Studio Teti. Okay, okay. T-E-T-I. Are there a few that are like, oh, that's like a conglomerate or something? They're well-known in the printable space? Yeah, there's one called Phoenix Printables and they have low cost planners and they just sell a ton of them.
5:49And so I was wondering if it was that one, but it's not. But it's good for the listeners because that's a good example if for some reason they didn't find one to look at that one specifically. Okay. I do see Phoenix printable lower on the page at 69 cents for order form template type of thing. Okay. So some people are going higher end. I should mention pricing on this page. You know, there's as high as 20 bucks, what looks like it for a huge bundle of party planner templates, you know, to under a dollar for some of these. So I guess as long as it's a net positive for you, Because once you create it, Etsy handles the delivery.
6:28And after their fees, I guess you still make a little bit. So that's okay. Yeah, well, here's 30 bucks for another type of change your life bundle. So there's some pricing power here if it's something that people really are after. Yeah. And with pricing, I definitely think it's better. If you're going to make a product, so if you're looking at this, if you're brand new to this and you're looking at printables, if you see a bunch that are bestsellers and you're like, should I make the 69 cent one or the$30 one? I would say$5 or more. You're going to just make more profit. Okay. Now, did you start in the personal finance niche?
7:06I'm just thinking like the broad world of printables is huge. Is there a subsegment where you started or where you would recommend somebody start? So I'm part of the FIRE community financial independence retire early, and I've always been an avid budgeter. So I was like, well, I saw other people were making budgeting items. And since that was where my expertise was, I was like, well, let me try to match those two passions and create something for people. And so I started with budgeting products and it did okay. It's definitely has some seasonality. I think people make New Year's resolutions in January, December, January.
7:40And so that is when sales picked up for me, but there was a lot of competition in that space. And quite frankly, I was new. So my products weren't that great. I'm looking in hindsight. I was like, okay, I could have made better ones. And so I then pivoted and did a little bit of wall art. And I had some success with that. I had people purchasing items for weddings. So if you're at a wedding party and at the cocktail table, you might have a cute little sign, either wall art or a sign that says something cute about drinking or something like that. So I did some of those and I had some custom orders, which were fairly profitable.
8:17And so that was nice. But again, there's a lot of competition in that space as well. So eventually I started thinking about what, you know, what am I good at? What, where does my expertise lie? Where do I see a market need on Etsy? And then I landed on providing things for businesses specifically. So then I went the route of templates. I actually, it started because my sister, she's a speech therapist and she paid a lawyer$250 for a COVID form. And I was like, wow, that's expensive. And then I was like, huh, a COVID form. I wonder, and this was right when COVID started about a year ago. I was like, I wonder if that would sell on Etsy.
8:55And so I looked it up and there were just a handful and they were selling from anywhere from like 10 to$50 even. But I was like, well, 50 is a good deal compared to 250. And so I made a COVID form and started selling that. And that's where I was like, okay, okay, business people need products. And maybe there's a niche there that I can help with. This is interesting. So this is just kind of a sign they would hang on their door of like, you know, do not enter if you've had any of these symptoms type of thing. So anywhere from that, like the mask wearing sign, now you see them everywhere, right?
9:28At restaurants, it's kind of like the no shirt, no shoes, no service, no mask. You can't, please don't come in without wearing your mask. So things like that, but also just like a liability waiver for now you go to the doctor's office or the dentist and they're all pretty much the same. You know, it says like, have you been in contact with somebody? Have you traveled out of the state? Things like that. And the person just has to check that, you know, they have don't have symptoms. They haven't been near somebody with symptoms. They haven't traveled and then signed their name attesting that they, you know, waive liability if they do happen to come in contact at your place of business with COVID.
10:00Interesting. Yeah. I had to just sign one of those the other day at the dentist. So maybe they're a customer of yours. Okay. Planners, wall art, trackers, templates, COVID forms. Okay. We're getting the creative juices flowing here. I'm like, shoot my habit tracker. Maybe I see if I put that up there and sell that. I've got some other templates and stuff that I've been using. Targeting a business to business customer. I like that because there's generally less price sensitivity and hopefully a greater volume of sale or maybe less competition in that space would be a better way to phrase it than just, this is for every mom, like saying, no, this is something specific, even for this type, you can niche down by the business type.
10:40Anything else on this product research front that I should be looking for? So now that you have a bestseller, eRank is a tool that I highly recommend. There's a few different, there's a Loro, always new ones coming out, but eRank is my favorite. And I recommend that people get the paid subscription. At least, you know, you can get it for a month and just try to do as much research as possible and then you can pause it and move on. But that really lets you track your competition. So that shop that you said, you can go in there and look kind of behind the scenes and you can at least take a better guess at what their best selling items are.
11:13You can look at their keywords and again, success leaves clues. So they might have done something right in the keyword realm. And so you can go in and see like, which of the keywords did they use? Which one seems to be the most popular? Take a guess at how many items they're selling of that specific item where they're getting traffic from, things like that. And they also, eRank just has a keyword tool. So you can go on Etsy and look for bestsellers, but you can also go on eRank and look at their keywords. And they have, based on the month, they have things that are like, oh, this is a rising keyword.
11:45This is a hot keyword. This is trending. And so that's really helpful to just have the right data. And I think that for me, that was a huge turning point when I got eRank and upgraded and really paid attention to my site and really did the research first because you do spend time making products, but you can spend a bunch of time making a product that never sells, or you can do all the research upfront and kind of decide based on your research, whether or not a product is worth taking a chance on. And then I feel like you're much more likely to be successful because you have better data informing your decision of which products to make.
12:19Right. You're doing a lot of upfront, somewhat speculative work in creating this thing only to have it drowned out by competition or find out, well, there's really no search volume around that keyword. So yeah, trying to do this homework upfront may lead you to a slightly different idea than what you thought. And so I'm trying to think of what an example would be like, maybe if I wanted to do business plan templates for kids, like, oh, you want to start a lemonade stand? You want to start a lawn mowing business? Here's kind of the template. Like, what's your marketing plan? I don't know if any parents would be interested in this, but maybe going through, it's like, oh, well, maybe that's not what they're looking for.
12:54But really what they're looking for is like an allowance spreadsheet or I don't know, some budgeting tool for kids. I don't know. But you go down that rabbit hole and see what might happen. Is there a metric that you're looking for in terms of search volume or sales volume to say like, it sounds interesting. I think I could compete here. It's kind of a unicorn, but you want a high search volume in a perfect world and low competition, right? So you're looking for that blue ocean, which is hard to come by. But I think eRank will put for competition, if it's 50 ,000 or more, it'll be in red. And it's like this bar is full, basically.
13:26And it's like, there's a lot of competition there. Do not enter. Exactly. Yeah. So I look for the opposite of that. So it's usually in green. And honestly, if it's, I really like to see like there's a hundred competition or a couple hundred, but not in the thousands. But I think it's still green, even if it's thousands of people of competition. but I try to find those smaller ones. And honestly, with the search volume, I'm not looking for 10 ,000 or something crazy with search volume. I try to find those long tail keywords. So something that is very specific, doesn't have a ton of competition for that very specific keyword.
14:01And it probably doesn't have a ton of search volume, but it's enough that my products will get seen because there's some people searching for it and I'm going to easily come to the top of the search because there's not that much competition. Okay. Yeah. Lawn care business for kids planning template, like really long tail type of stuff. If somebody is searching for that and they find you and they say, well, shoot, this is the thing that I need. This is exactly what I'm looking for. Exactly. Versus business plan template. Like, oh my gosh, like imagine that's going to be crazy competitive. And just like wall art, right?
14:34Like you can get downloadable wall art, but I think that's so broad that people, there's going to be goth stuff on there and then there's going to be cute baby shower type things or stuff for a baby's room. And so there's no way that you're going to get like your target market with something so vague. You really have to get detailed in the keywords to make them worth your while. Yeah. What's interesting is, I guess there's an opportunity for somebody to, this is all like, you know, PDF file printed at home type of stuff. Actually, I should, maybe we should pause there. Like what is the file format for the stuff that you're selling?
15:08So PDF is very common, but you can do JPEG, PNG. I mean, for example, I do Instagram templates. So some like Canva, I don't know if you've heard of that, but that's a really popular, like edit, edit free or low cost editing software that a lot of people use. So Canva templates are starting to become popular. And I think even like there's people like you, right? People that have blogs that want a template that they can sell as a freebie for their site. So you can like an ebook template. It's not even an ebook. It's just something that's designed and laid out in a pretty way in Canva. Those things like that are starting to sell from a business to business standpoint.
15:43point. Okay. Interesting. I love Canva as a relatively new user, like probably in the last year or so I've kind of become more engaged with like, it's crazy powerful. I'm just on the free version of it right now. It's like, man, this is impressive what you can do. Is that primarily what you're using when you go to create something new is Canva? Yeah. So I, Canva, sometimes I do Word and do like convert a Microsoft Word document into like for a form, right? If it's a basic form, like the COVID form, it's just a Microsoft template. And then I put it into a PDF. But a lot of the things, if I'm designing something, it's definitely Canva.
16:23Did you have any sort of background in design or creating cute fonts or anything like that? I'll just learn as I go. Just learn as I go. But I have been doing, I think all of my working life, I've either been in charge of email newsletters or creating flyers or things like that. And I've had some great mentors who are graphic designers. So I would get it started and a lot of times create them in Canva and then we'd have a graphic designer, but it was so much easier, less expensive for them to just give me five minutes of a critique and, you know, make it better than for them to spend an hour of their time designing it from scratch.
16:59So that has been helpful throughout my career to get, you know, I've never taken a graphic design course, but I do, I think I have, I like interior design. I like decorating and I think I have an eye for it. So kind of a natural knack for it. And I have had some mentors that have helped, but in general, it's just all been self-taught. Yeah. And imagine in some niches, it matters more than others, probably less so in the COVID forms, but probably more so in the Canva templates and other thing, wall art, especially where it's like, well, it's got to look good. And the reason I was asking about the PDFs and the file formats was like, I'm thinking of wall art, like poster size type of stuff.
17:35Like we ordered one of the Etsy orders that we did was a kind of a watercolor world map, which was, I imagine, you know, a print on demand type of thing, or, you know, maybe she had in-house printing, but it came in a giant cardboard tube. It wasn't something that I printed at home just because it was like, well, it's bigger than an eight and a half by 11 type of thing. Have you ventured into the world of like physical product shipping in any way? No, on purpose. Yeah. Don't want to touch it. It just, I think there's, it's funny because on Etsy, they, it was like a year ago, I think they started doing free shipping and they highly recommended all the shops do free shipping.
18:12Because if you look at Amazon and the models, like that's what consumers want. But you know, if you're shipping a mug that you created from hand, one, the time to create that mug is a lot. And then because, you know, it's that handmade thing. And then you have to literally take that one mug to the post office and ship it. So it just becomes time consuming and it's expensive because it's heavy. And so it just, again, it dips into your margins so much. There's definitely ways to make profit. And I think for tangible items on Etsy, because it's handmade, people are willing sometimes to pay more, but then you can get into the, you know, there's competition out there.
18:48And one way to beat the competition is to lower the price. And so sometimes they, you know, you can see price wars or people, You can sort an Etsy by lowest price. And a lot of times if there's a best-selling product, there's more than one person making something similar and the consumer might just buy the least expensive thing. And you hope that that business owner is smart enough to make sure they have a margin, but sometimes the margins can start getting thin. So yeah, I've always just stayed away from physical products. We're talking how to differentiate yourself from the competition, how to market your listings and Rachel's goal of growing to a thousand bucks a day right after this.
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21:20Try Gusto today at gusto.com slash side hustle and get three months free when you run your first payroll. That's three months of free payroll at gusto.com slash side hustle. One more time, it's gusto.com slash side hustle. Is there anything you can do on the digital side to build a virtual moat or some sort of competitive defense around a niche that you find or a product that you found to be profitable. And because it probably doesn't take long before somebody else punches it into E-Rank and finds like, oh, maybe I should build something similar or rip off what she's already done. I mean, I think, again, that pricing strategy, which can get scary because if you start, like, let's say another competitor comes in and matches your price or undercuts it, If you're keeping an eye on the competition, you can go and undercut them.
22:09But again, it can get back into a price war where you just keep undercutting each other. So that's one manipulation you can try. You can try to offer obviously better customer service. You can provide extras or freebies so you can keep the same price or have a more expensive price than your competitors, but offer something that's better. So maybe you have a free ebook or if you're selling a form, you offer something else that a business owner would want, right? So if it's that template for an ebook, you sell them that. But then maybe if you've sold a bunch of ebooks and were super profitable, you can offer a free thing that tells them all your secrets about how you made a million dollars with your ebooks.
22:49And so you can offer other things that's like, okay, I can pay$5 for this template or I can pay$6 for this template plus this really hopefully powerful ebook that will help me make a million dollars. So you can try manipulations like that. But I do think customer service reviews, listing images, because sometimes people will come in and say they're new. And if you already have been around for a while, or maybe you just have strengths or skills that are better than some of the other stores. Like if you are better at graphic design, you can make your listing images look better. You can have better description.
23:22So you're really telling people what they get. If you read Simon Sinek's Start With Why, you can have a really interesting about section and tell people what your mission is and why you're doing this business. And is that going to work for everybody? No, but will it work for some possibly? And I think your marketing methods too, like some people go directly to Etsy and it's just like, okay, what is the thing I need? What's the cheapest? I'm going to buy that thing. But then other people find it on Pinterest or on Instagram or some, you know, Facebook, some other way, and they go directly to your store and they're never looking at the competition because they just found yours and it's what they need.
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23:54So there are ways you can do it. And I think Etsy now even allows you to create your own, like it looks like your own store, but it's still run through Etsy. But then you're not seeing all the other competitors because rather than like Etsy.com slash your store, they're just going to yourstore.com and then they just see your products. And so if you can send your marketing to your own page and it just happens to be run on the Etsy platform, then you don't have to worry about the competition because they're not seeing it. Okay. Gotcha. Have you ventured off to create the store tab on moneyhackingmama.com.
24:32Do you see yourself going down that path? Yeah, that's on my list of things to do. So I think I'll always keep the Etsy platform because just organically with keywords, they're bringing traffic to my store, which is nice. But then there are competition and I do want to test out, not Etsy ads, but Facebook ads and see how that works. But I would hate to send them to Etsy and then where all my competitors are, as opposed to if I'm paying directly for the ad, then I'd want them to send them to my own storefront and, you know, at least get, offer them a freebie and get their email address so that I can retarget them later.
25:08Right. Yeah, exactly. That would be awful. Like, oh, I'm going to pay for this traffic and then, oh, you know what? Your stuff looks nice, but I'm going to go buy the competitor's thing because it's a dollar cheaper too. Frustrating. Tell me about the listing optimization process. So after you've gone through the keyword research, you created this thing in Canva or wherever, put it up there, you're really excited about it. What kind of best practices are you seeing for giving this listing the best chance for visibility and success? So definitely looking at the just making sure that it looks pretty.
25:42I think some people and I did this when I first started. You spend so much time making the product. So let's call it a budget planner. You spend hours making that and making it perfect. And then you just want to list it. And so you go really quick, you do the keyword research quickly, you come up with a name quickly, and then you just throw up some random images that kind of describe what it is, just to get it up there. But I think you kind of need to flip it is what I've learned and really like maybe take a day off, take some time off, and then really invest the time to make really beautiful listing images because that's really what needs to shine.
26:15And yes, you want the thing that they're buying to be really good. But really, the thing that's going to sell them is the pictures of that thing that they're going to buy. And they need to feel like, oh, that is exactly what I need. And it looks so beautiful. And I want that thing. So create that emotion, which can be hard in 10 images, especially for a digital type product. But it's really good to try. Now, the cool thing, too, is they let you do videos. And so it definitely takes more time. And it can be more of a headache if you don't know how to do it. But I would highly recommend that you invest the time to figure out how to do a video that, you know, can show somebody, for example, like you can record it on your phone, shows if it's a planner, is it printed out and somebody filling it in and using it physically?
27:00Or like, even if it's a PDF, and there's multiple pages, like scrolling through the multiple pages, because I think you have 15 seconds of the video. But you can even do a preview of like a Canva template, for example, there's a link, and then you have to like click a few buttons to get to it. So you have 15 seconds, you can show somebody like how are they going to open this file? What does it look like when they actually receive it? And almost do a little demo so that once they've purchased the product, they know how that they're going to end up using it. Do you strike a balance between showing what the product is and what's inside it versus trying to keep some of it a secret?
27:37On some of these, I'm on a weekly chore chart for kids. And it's a simple one-page type of thing, instant download. It looks like I could create this in just a couple of minutes in Excel or something. And they're giving it away. I mean, they're not giving it away, but they're showing you exactly what it is and selling it for$3.97. So I don't know. Is there a best practice that you see? The store has over 5 ,000 sales and it's got the bestseller tags. People are buying it, but I would be wary of showing too much up front. Is that a thing? That's a thing. And it's a great question, but I think it's always better to just be honest.
28:21And you'd be surprised. I think it's easy to think like, oh, a competitor can come in and copy me. And yes, they can. I mean, for$4 though, the competitor could buy it, right? They could buy it. And I mean, you would hope somebody wouldn't do this, but they could purchase it, tweak it slightly and then sell the same thing. Now that's illegal and they're not supposed to do it. But if they tweaked it enough, how's anyone going to say, like you just said, you can look at it and recreate it. And if somebody did create it from scratch, then it's not illegal anymore. So I would say just more is better because people are looking for these types of things and they want to know what they're buying.
28:57And so if you try to hold back, you're probably going to not get as many sales, quite frankly. And I mean, you only have 10 images. So if it's a huge product that has a lot of things, sometimes you can't show everything off, but I would, I would say give more away. Um, and yes, competitors can come in, but I think that's where you have to shine in other areas and it can be scary, but I found that, you know, you're looking at it from your point of view. We're like, well, I could make this in five minutes, but not everybody has your tech abilities. I made some, like I was talking about before, when I first started some digital art for a wedding.
29:32And I think a woman paid me a hundred dollars to make a bunch of them custom for her niece's wedding. And literally I went into Canva and typed in like phrases like drink and be merry. And I changed the font and I saved it. And it took me 10 seconds. And I did like 10 of those for her. And I was just like, this is so easy. Like lady, why aren't you just using Canva? But she was probably just not tech savvy, didn't know what Canva was or couldn't be bothered. Like some people, you know, if you're making, if you're a lawyer or somebody that makes a high income, like, yes, you could do it, but do you have the time and the energy to do it?
30:05Like you might just be willing to pay somebody five or 10 bucks to do it for you. Yeah. There's a bunch of cool ideas on here. I'm now I'm on the 75 hard challenge. Have you heard about this? This is like a workout program. Okay. I've seen people like posting their, because that's part of the challenge is posting like progress photos for doing this. It's like where you like, you know, are super strict on your diet and you do these like really intense workouts, I think two times a day. So, but this, this shop is selling the 75 hard challenge tracker printable and it's got, you know, a place to do your before and after measurements.
30:39It's got, you know, this daily kind of checkbox thing. It's like very well designed. It's just a couple bucks, but it seems like they have been selling a lot of these. So lots of different ideas to go down there. So that's kind of the image optimization side of things, like, you know, making it visually appealing. Anything on the titles, descriptions, like keyword. I mean, I see that on the 75 hard example. It's like borderline keyword stuffing, but it's like 75 hard challenge tracker printable habit tracker bundle, hashtag 75 hard, hashtag 75 hard challenge, Andy Frisella challenge, weekly meal planner, health.
31:23Like they're trying to jam a lot of keywords into the title, but is that, that's just what you do? That's what you got to do to get noticed here. They don't share what their algorithm is, but they do want highly relevant keywords. So describe exactly what that thing is. And from what I've read and heard, it's the first few words they're going to give the most weight to, which makes sense. So those first three, three or four or five words, that's really what you need to use to describe the item. And then the other stuff, I'm sure they kind of use it, but probably not. they don't give it as much weight as those first few words.
31:53I did read somewhere that don't repeat the words. So if you use challenge once, you don't need to use it multiple times. It's not going to help you any, and it is just going to take some of those characters away. Description, I don't know that I've heard that Etsy doesn't really use the description that much, but Google does. So, and Etsy items do show up in Google search, especially if you do shopping. So you definitely want to do your description. The thing with Etsy for your description is you really want describe what that is because people are going to, they'll see the picture. They'll see what it says.
32:23It is the look at the pictures and then they still might have questions. And so if you answer some of those questions and anticipate those in the description, that's really helpful. And then Google, if they're describing the product, that's helpful as well. But I do think the biggest thing is the keywords and the tags and you get 13 of those. And so I would use every single one. Again, don't repeat keywords. Like they don't care about plural or not plural. So like, don't put form and forms because at CC's those ads the same and you want to keep as many keywords as you can and use unique ones. And then again, just long tail keywords, use those as much as you can.
33:02Again, if you put wall art in there, yes, you might be selling wall art, but there's so much competition and there's people like people are going to look at that. And the odds of you selling something through that keyword are so low that it's kind of a wasted keyword. I would get much more specific, as specific as possible to really find your ideal customer who wants the thing that you're selling. Yeah. Wall art for baby shower, second child or something like, I don't know. Very, very detailed. Okay. That's helpful, especially on the don't bother repeating keywords. You're just wasting space, come up with something else, a different variation that somebody might be looking for.
33:39What else works for you on the marketing strategy? So there's this element of Etsy organic discovery, which is, I imagine, like winning the lottery, like selling a digital product that somebody found you for free and now it was completely hands-off to deliver it. It's like, ah, living the passive income dream. But I imagine it takes a little bit of effort to get there. And I'm curious, what other marketing strategies are working well these days? So I really like Etsy ads. They make it pretty simple. And so I have a freebie on my website that goes into depth, but I can highlight some of the best practices here.
34:14You have to make sure that it's optimized for keywords because you don't want to start, you know, turn ads on, but you have all these really vague keywords because you'll get, you know, shown at the top of wall art. But when you're selling, you know, the second child, baby wall art, and somebody just is looking for wall art for their new mansion, right? Like it's, it's not going to be helpful for you. And they might click on your thing just because they're curious and you just wasted your 25 cents or 15 cents or something like that. Okay. So they charge you per click. It's on the listing level as where you turn the ad on.
34:49You can turn it on the listing level or within Etsy, there's another section that just like under marketing under ads and you can manage it both way versus like at the whole shop level. I mean, right. So you, you can't just, you don't just turn your whole shop on. Correct. You could like that. There's a way to do that, But it's pretty much every single listing you go and turn it on or off. Okay. And so making sure that that listing is really targeted to and descriptive to what it is. So you don't end up on these irrelevant search terms. Or maybe like in AdWords, it used to be called broad match, where you could rack up your budget in a hurry on some of these broad match terms if you were careful.
35:29My understanding was you couldn't, like it was all automated. Like you couldn't target specific keywords or something. It was all like, just hands off. Well, don't just, just trust us. Trust us with your budget. We'll, we'll get you to the relevant audience. And it's the same way with Etsy, but you get to manage the keywords first. And so that's why you need to be very careful with your keywords. And I think like going back to some of my other advice of the price point. So I would never advertise a listing that I am only charging a dollar for. I think$5 or more again is that sweet spot because you know, you're paying for ads.
36:02So that is going to eat away at some of your profit. It is very contingent on you as an individual, you as a shop, your click-through rate, your order rate, because you can spend a bunch of money and you can have a$30 item. And if nobody ever buys it, you know, even if you're like, okay, that one person that buys it, it's okay if I spend$20 on ads and that one person that buy, I'll have a little bit of profit. But what if you spent 35 on ads? Well, it's not profitable anymore. So you just have to be careful with that. Is there a target return on ad spend that you like to see? I mean, anything that's profitable, but for, I think market, like I did research on just like what do marketing people want on their, just, you know, what does Apple computers want on their marketing spend?
36:45It's usually just industry average is four to five X what you spend. So if you put$20 in, you want to get a hundred dollars of revenue in. Okay. Well, that's, that's probably higher than maybe I expected, but I guess there's, I mean, I mean, in their case, they're selling a physical product with admittedly good margins, but not as good as a digital immediate download type of product. Yeah. And that being said, so that's the kind of industry average. So I shoot for that, but I've had some go to three, three X and I'm okay with that because I'll debate, should I turn this off? Should I not? And then I'm like, well, if I could give somebody a dollar and they'd give me three, I'll still do that all day long.
37:21So as long as I see it's profitable, I'll leave it on. Yeah. I mean, if you can get that money machine flowing, I can see why you're interested in Facebook ads and other marketing channels too at this point, because that's where things really start to scale and get interesting. Exactly. You mentioned Pinterest, you've got the blog, you've got potentially this Facebook thing going down the road. Anything else on the marketing front outside of these Etsy ads? I've seen people do Instagram and even build following. So there's a woman that I follow and she does digital planners. And so depending on the product that you're using, if it's something that you can show off you using it and like get people excited, my products don't really do that.
38:00And because I'm working full time, I haven't had the time to do that, but maybe when I have more time, I might dabble in that because it's interesting. And then like TikTok, right? I think one, it might be like digital planners is the name of her shop or something like that, but she does, she has a TikTok and an Instagram and has quite a few much followers. And I think just digital planners is a whole and planner, physical planners, there's a whole community around that. And people like their little stickers and it's like, there's YouTube channels of like, plan with me and do this, we'll do this together.
38:32So I think if there's a community and you can tap into that community and get people excited about your product that way, like more power to you. It just, again, it goes back to time. Right. Yeah. Where is your time best spent? And for you, it sounds like it's, either building new products or turning on ads to the ones that are already proven sellers. Exactly. What kind of time are you investing into the Etsy shop these days with all the other commitments that you've got going on? Yeah, it varies. I asked my husband that last night. I was like, how much time do you think I'm putting into this?
39:06I think some days it's like literally no time, maybe 15 minutes of, you know, I'll get a couple of questions from a customer. They'll say they had trouble downloading it. So I need to send them an email and I'll pop on my computer and send it to them. But other days I'll like, I've been blessed because I have two small children with maternity leave. And so I've used a lot of that to build my products. And I do like building your shop, creating products. It can be time consuming. The payoff is it's time consuming once and then it pays for itself forever. Right. So you just have to like get that little bit of time away.
39:39And so I've have good vacation and paid time off and things like that. So I would take days off and spend just a couple hours or eight hours and just try to get as many products done as possible. But I think to answer your question, I am planning on quitting my job soon. And I think full time for me will probably be 20 to 30 hours a week, but that will be like hardcore into product creation. And again, like learning more about Facebook ads and like going deep down that path to really grow my shop and see if I can, I mean, my goal, I'll put it out there is I want to make a thousand dollars a day, which I know is like, that seems kind of crazy when I say it, but I think it's possible.
40:14And so that if I'm putting full-time time into it, I think I can make that happen. But I think what I've been doing with all my other stuff is maybe 10 hours a week, like an hour to a day. And a lot of it is in 15 minute increments, waiting in line to pick up the kids or like at line in the grocery store or something like that. Yeah. I'm with you. It's like, it could be very fleeting, trying to get an actual block of time to concentrate and get something done. It's like, okay, if I've got these little pebbles and sand type of tasks that I can do with these little 15 minute cracks, then that's okay.
40:48But it's hard to chip away at some of these bigger projects. I was gonna ask, do you have a sense of the size of the portfolio in terms of the number of listings or number of products that you have now? Since it sounds like growing that is a priority. Yeah, right now I have, I think 114 last time I checked, but I really want to get that up. And it hasn't been growing a lot. I actually hired a graphic designer to help me with some product development. And so that's been helpful. But now the funny thing is I can give him the products that I want to make, but I still am the one that researches them and lists them.
41:22And even just that takes time. And so I have a ton of products that I need to list that I just haven't had time to put up yet. Yeah, it sounds like a very cool empire in the making. I'm excited for you. what a cool creative outlet. Like if you're into this sort of thing and maybe you already have created these like for your own family, your own households, like, well, could I create a prettier version of this and throw this up on the shop? I don't know. It's a very interesting one, very exciting side hustle. Rachel, really appreciate you taking the time to share with that. So that sounds like kind of what's on the horizon for you, maybe taking this thing full time.
42:01Anything else you're excited about for the rest of 2021? Yeah, vacation, the world opening up. Yeah, we're going to Seattle in a couple of weeks. So I'm excited for that and being able to travel and have my side hustle making money for me while I'm traveling. Living the dream. Well, very good. You can find her at moneyhackingmama.com, M-A-M-A.com. Grab your free guide to Etsy ads over there. Again, moneyhackingmama.com. Rachel, thanks so much for joining me. And let's wrap this thing up with a number one tip for side hustle nation. This doesn't have to be Etsy related, just whatever entrepreneurial wisdom that you'd like to impart.
42:42Sure. And this took me forever to learn, but I think I finally learned it with Etsy and I think it applies to all businesses, but go where the demand is, go where the money is. The demand is, you can try to match it. And I think it's definitely good if you match it with your passion and your knowledge and what you're interested in. but I think I spent so much of my life just being like, I like this thing. So I'm going to try to make money at it and never looking at whether or not there was a market for that or demand. And so once I finally flipped it and said like, what's their demand for? And what do I also have somewhat of an interest and skills in?
43:16That's where the magic really started happening for me. So please don't learn the hard way like I did. Yeah. Thanks so much for sharing that. Go where the demand is. Very true. Rachel, thanks so much for joining me and we'll catch up soon. Thanks so much.
43:33Go where the demand is. Go where the cash is already flowing. Definitely a common theme here on the Side Hustle Show. In fact, I wrote a whole book on the topic called Buy Buttons, which you can find at buybuttonsbook.com. But this is definitely a side hustle that appeals to me. Creating helpful products that you can sell over and over again in at least a semi-automated fashion. And I know it's a bit of a volume game, especially given the low price points. but Etsy's growing like crazy and there seems to be a big upside potential here. I mean, Rachel started about two years ago, very part-time and has turned it into this full-time income stream.
44:09One thing we didn't mention was the course that helped her get started. And that's the ePrintables Side Hustle course by Julie Berninger and Cody Berman. I do have an affiliate link for the course if you're interested, but actually what you should do is instead go to Rachel's site, read her review of the course and join through her link instead. I'll link up that post of hers in the show notes for this episode, which you can find at SideHustleNation.com slash Rachel J, or through the link in the episode description of your podcast player app. There you'll also find the full text summary of this episode, along with links to all the other resources mentioned.
44:43Give me a couple minutes to get the time machine fired up, and we'll be right back with Rachel to see how her business is doing five years later. The thing that wears me out as a business owner is rarely the work itself. It's the decision fatigue that surrounds the work. How to reply to this message. Is this person going to make a good guest? What's the right tool for the job? If you want to sell products online, let me take some of the decision fatigue off your plate. There's a reason why millions of businesses, including dozens of side hustle show guests, all choose our partner Shopify. This is the one decision that makes all future decisions easier, right?
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47:09all right we're fresh out of the time machine back with rachel here in 2026 catch us up it's been almost five years since the original etsy printables episode at that time i believe you around 200 products uploaded making a great income and still doing it all as a side project so 20 21 the summer is when i quit my job and then i have over 400 products now and i've probably built more than those, but some of them I've turned off because they weren't selling or they're just not working anymore. Because the Etsy charges you still the 20 cent listing fee. And if it's just not getting any views, not getting any interest, it's like, well, and they renew it.
47:45And I think every three months or something, I see the pings on my own store and it's like, okay, that didn't sell, but it's another 20 cents gone down the drain. Is that why you would just remove the listings? Yeah, exactly. And sometimes like if something is a Christmas printable. Sometimes I take that down and just put it back up in like late fall or something like that. And then there's like the COVID form. I mentioned that when you're listening to the old episode, but that doesn't, nobody really needs that anymore. Nobody needs that anymore. Hopefully. Yeah. Yeah. Okay. What do you see as some of the shifts in Etsy over that time?
48:18Obviously, I believe it's probably gotten more competitive, more sellers, but also the marketplace as a whole, the number of buyers has also grown in that time. It has changed a lot. It's interesting. I'll go on like the Etsy forums on Reddit or Facebook and there's people that are complaining that are like, Etsy is dead. This doesn't work anymore. And I do not think that's the case. I think those people haven't changed or pivoted. I think you do have to evolve with your ideas and, you know, sometimes more competitors come into a certain space. And so you need to either make your products better or you have to pivot and go find a different space.
48:52That being said, I think there's always new trends. I noticed the other day, somebody like six, seven, all the teenagers, not even teenagers, like my kids are talking about that. There were six, seven Valentines that were going viral on Etsy and becoming bestsellers. And so Valentine's Day cards around Valentine's Day are always popular. That's a digital product people can sell. But then every year, you can have cat or dog ones and they'll probably sell. But if you think of the trends that happen. There's always things, you know, new movies, new things in entertainment that are coming out, new memes.
49:24And so you can jump on those trends. And there's, yes, the old things become old and people might not want those anymore, but there's always new opportunities. Culture is constantly evolving. Are you actively adding new products to the store in a concerted way? I've been bad about it lately. I think we'll get to kind of where I am now, but I monitor things and I have ideas. I honestly have a backlog of a ton of products that I honestly, I have them created and I just haven't created listing images, but I'm busy doing other things. We're kind of at a coast fire point right now. And so my kids are busy in sports and things like that.
50:02And so I have a backlog. I try to get time to do it, but in some ways I'm just not as motivated because we've gotten to a certain point where, you know, we don't need it before I, And that was going to replace my full-time income. And I had to do it. And now it replaced my full-time income. We're at a coast fire point. And it's kind of like, yeah, if I get to it, I'll get to it. And if not, what it's making right now, that's fine with me too. Yeah, I think this is really important because at the time of the original courting, I think the store was about two years old. And it was kind of front-loading this effort, which is true for so many side hustles.
50:36Like where, look, I'm not getting, nobody's paying me to create these products. I'm throwing a bunch of spaghetti at the wall. Some of it's going to stick, some of it's not. But over time, like it really can compound and it starts to generate cash flow on a monthly basis to the point where you quit your job, to the point where you kind of achieve this financial independence number. And you kind of take the foot off the gas a little bit and start to enjoy life a little bit. Absolutely. And one thing, so I was working for myself at home and I thought that was the dream and I loved it. And my husband was working at home.
51:08He had a fully remote job for a while and I would call myself an amnivert. So I like being alone, but I also like people. So I'm in between. My husband, I think, is a full extrovert. So I think he got really bored being at home and just seeing me all day. So he went back to a full time in person job that has some remote options, but is more in person. And then I was really lonely at home. And so there was like a two year period where one and a half years or so that we would work together and we're like co-workers at home. And then he left and he would come home. I remember specifically around Christmas time, the holidays, he had all these holiday work parties and I didn't have any.
51:41And I have co-workers. I was just like, I'm so sad. Like that was a really enjoyable part of working. And yes, there's a lot of meetings that I didn't like go to, but there were some things that I realized I missed. And so now I'm teaching part-time adjunct at some of the local colleges near me. And it's very low time commitment, but I really get that human interaction that I need. And I really enjoy helping other people. So it's like I've achieved a certain level of success, but I don't know if it's guilt or what, but I feel I want to give back to other people. And so I'm doing that through teaching now.
52:15Hey, that's really cool. And it gets me out of the house. Yeah, it's fun too. Going back to Etsy, what do you recommend for people to, as the marketplace maybe is a little more crowded? And when we talked to Cody last year from Gold City Ventures, he was like, look, if you are an average designer, but you know how to do keyword research, you're going to find these little... He's like, I don't care if it gets 50 searches a month. If I can get five people to buy my thing and start stacking up product after product, I build these little mini digital assets, which I thought was a really cool example.
52:47And it's kind of really powerful. Create something once, sell it over and over again. But you've done some stuff to make your listings kind of stand out, like some value add type of stuff. Absolutely. So I 100 % agree with Cody. I think that's some of the things I teach just market research in my college classes. Market research is gold, and I think it saves so much time. So you have to validate the idea using the tools like eRank and things like that. And if there's some search and no competition, there's potential, not a goldmine, but that's a huge opportunity and you should jump on it. And yeah, like he said, if you get a bunch of those.
53:17Maybe not a full mine, but maybe a nugget here or there. A nugget. And then if you have a bunch of nuggets, that can create a goldmine. So I think that's really good. That being said, if there is some competition, I think you can, you need, he said if you're not the best designer, I think the product doesn't necessarily have to be the best designed. you still need really good listing images because I think that that is the first impression. It's almost like you're dating all these customers. And so if there's a lot of competition and yours doesn't look great and everybody else's looks great, they're judging a book by a cover or a digital product by the cover.
53:48So I think you want to make that look good. You can outsource that. You can use AI. There are AI image generators. The other day I wanted a like showing my product being printed with somebody's hands. And I was like, I'm not going to do the product photography. So I went to AI and created a little prompt and just said, here's my product. Here's the image of it. Put it like a beautiful woman's hands in a beautiful office, grabbing this. And it created the listing image for me. And it was beautiful. And it gave her the right number of fingers and everything. It did. It looked amazing. It's come a long way.
54:20It has come a long way. It took a, I think there might've added some text to my image and made it look a little funny, but a few prompts later I got it right. So that was really cool to be able to see. So I think you can use AI definitely. And then you can also like I added a course and you can call something, of course, but it could literally be an e-book that you, by the way, can create with AI. So you could say, OK, here's this product that you want to buy. And then it also I think in our recording from the time machine, you were talking about a chore chart template. So you could say, like, here's a chore chart template.
54:51And then, by the way, get a free e-book or get a free course on the top 10 parenting hacks to get your kids to help around the house. Right. Because what are they buying the chore chart for? They obviously have a deeper problem of like mom life is hard and they're trying to get some tools to make it easier. Well, what if you help them with the psychology or the learning part of it to actually make that tool work better for them? So I think educational resources like that value add. And that came, I was just thinking about consumer products. Like if you go down the soap aisle and there's two things of soap and one comes with a free product and they're the same price, which one are you going to get?
55:26Or maybe one's a little bit more expensive, but it has that free product. you might lean towards that one. And so that was the mindset when I was coming up with that idea. Yeah, a high perceived value, low-ish effort to create just makes yours stand out above the competition. Absolutely. I was going to ask more about the impact of AI on your business. I suppose it makes it easier to create these little bonuses or even create products themselves. But at a certain point, does it impact sales when customers start to be like, I could just create the thing myself using AI? I've wondered that, but sales are still there for products that I have used AI to create or could easily be created.
56:10I still think AI is still so new. And one of the classes I teach is with, it's an older adult program at a community college. And I just see, like, there's people, literally, they don't know how to turn their phone on or off. And so I think, you know, people that are inside hustles or watch YouTube videos or paid attention to technology, they think like, oh, my gosh, the world is moving so fast. Everybody knows these things. Everybody doesn't know these things. Like, there's still average people that have no idea what this is. And even if they learn, like, I'm teaching these senior citizens how to use AI, but it's still a basic prompt.
56:44And I don't think they could necessarily turn it into a product. And if they get stuck, they get so frustrated that they just kind of give up and they have to have somebody help them. Whereas and this is not all people. This is just in some of my experience what I've noticed. So I think the frustration level is high. And if you can just make it easy for people and it's five bucks or ten dollars, you know, time is valuable, too. And so just like I'll just get someone else that's already done it for me. Yeah, I think that's probably an important distinction. Like, okay, yes, there is a spectrum ranging from the people who are like, why would I ever pay for any software tool again when I could just vibe code it myself all the way?
57:21Like, I just want it done for me. I'm like, I'm here for the easy button solution. So, no, that's interesting. Even as AI has become more prevalent, like, look, people are still buying this stuff. So don't let that be a discouragement. Ten years from now, we'll see. But we can do it in five to ten years. We can do another recap. Another time travel update. No, everybody just creates their own. They just think about it and a chip in their head makes it pop out, right? Yeah, maybe that's where things are going. Are there any shifts in the categories that you like as a potential new seller coming in?
57:56So like before I did business to business and I still do that and I think there's opportunities there. I don't know if I'm right on this, but my hypothesis because unemployment is so low. I think 2020, my business to business things did great. and the few years after that. But I think people were working from home, so maybe they weren't working as much on the regular job. They could kind of slide by and they had more money because of stimulus and things like that. And so I just think there was a ton of people starting businesses and now I feel like unemployment, the data shows is super low. And so I think business to business is still good, but it's not as good as it was in the past.
58:33That being said, I think there's still amazing niches in like weddings. I just a friend of mine, they do print on demand products, but they have blown up in the wedding space. And so I still that's just something that people are always going to do. I think weddings, entertainment, fun stuff and seasonal stuff is still just amazing. There is one seller that was doing at home. What is it like escape room type digital products? And I saw that and I haven't done that, but I saw that that was really popular. there's like a loneliness epidemic now. And I think people want community. And as we get with AI and how fast the world is moving, people are craving kind of the opposite of that.
59:12And so if there's games or things that can bring people together from a community perspective, there's opportunities in that space. Yeah, I remember talking with Debbie Gartner, the flooring girl, and she was talking about her Etsy business, which was up to like a thousand bucks a week. and she was selling these kind of holiday themed trivia games in a lot of cases. And she gave me this line that stuck with me. It was like, you know, in elementary school, they're like, you know, what do you want to be when you grow up? And her answer was, I want to be a game maker. And this idea kind of took pause for 40, 50 years.
59:49But it kind of came back to say, what did I love doing as a kid? I love making these games. And now she's making a living, making some income online doing just that. So maybe that's a prompt for inspiration. Well, what did you love doing as kids? Maybe it was baseball cards. Maybe it was video games. Maybe it was something else that can be turned into a product idea. And then plug that into the keyword research tools and look at what the existing products are to maybe serve that need. Absolutely. And I think one thing I would recommend to people is keep it simple. So many people are trying to come up with the next Facebook from a business idea perspective or like something really complex.
1:00:27And even I did that, like when I first started, I was going to create a budget template. But I was like, I'm going to make mine better and super complicated. And I think people just want simple, easy solutions. And sometimes we forget about that. Like we think, oh, there's this huge, big, scary problem that I have to figure out. And then it's like, oh, but my kid's birthday party is coming up tomorrow and I need decorations for that. it's like there's or I need an invitation for that I know I have a friend that does invitations for like digital print invitations for kids parties and there's opportunities there and I think the there's trends that are changing like I just did for my son a nerf gun party that was super fun and I bought a bunch of nerf guns on Facebook marketplace but I don't know if people did that a few years ago and so is there an opportunity to put you know an invitation together with a bunch of nerf guns or something on there okay yeah trying to find these up-and-coming trends.
1:01:17And that seems to be kind of the name of the game. It's like, yeah, I can create this once and hopefully, you know, best case scenario turns into the little passive income stream. But sooner or later, there may be diminishing returns or that may invite more competition. And so it's passive, but I got to be spending my time coming up with the next passive thing. Because it's like every, you know, every product has a life cycle. Absolutely. So you've got the adjunct gig, You've still got the store going strong. What's next? Tell me about these Coast Fire plans or what's got you excited these days?
1:01:49Oh, man. I'm going to Hawaii in like three weeks. I'm really excited for that. Nice. We bought a house in 2024, the end of 2024. And it was a fixer-upper, still is a fixer-upper slightly. So we've been working on that. So, yeah, just living the life, living the dream, teaching, consulting. I still have my blog and write about passive income and things like that on there. So trying to help my kids, my husband, keep everything mom life going and then trying to enjoy life while I'm at it and help other people as much as I can. That's the name of the game. Money Hacking Mama is where you can find Rachel.
1:02:25Hit up the show notes for this episode, SideHustleNation.com slash Rachel J for all the links to the resources mentioned there. Big thanks to Rachel for jumping on and sharing her insight once again. Thanks to our sponsors for helping make this content free for everyone. sidehustlenation.com slash deals is where to go to find all the latest offers from our sponsors in one place that is it for me thank you so much for tuning in until next time let's go out there and make something happen and i'll catch you in the next edition of the side hustle show hustle on
From the publisher
Creating assets you can sell over and over again — that’s the passive income dream, right?
This is exactly what Rachel Jones has done by creating and selling downloadable printables on Etsy.
This year she’s averaging over $10,000 a month in sales, all while balancing a full-time job and two young kids.
Rachel started in 2018, and took her Etsy business full-time in 2021.
Note: I call this the Buy Buttons strategy. To kickstart your business, find the marketplaces your target customers are already shopping. Go where the cash is already flowing!
Tune in to The Side Hustle Show interview to learn:
how to find profitable niches to sell digital products in on Etsy
some of the categories Rachel likes
the tools and technology she uses to get it all done
Here's a free guide to the best-selling digital products month-by-month to get your creative juices flowing.
Full Show Notes: Etsy Printables: $10,000 a Month Selling Digital Products on Etsy
New to the Show? Get your personalized money-making playlist here!
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