These 11 most profitable Etsy shops in 2018 found the way to make the best use of Etsy, one of the largest online marketplace specialized in handmade goods, which has 1.9 million sellers and 33.3 million active buyers. Since its launch in 2005, the platform has recorded growth year after year. The last quarter of 2017 was the most successful one for Etsy since the company reported more than $1 billion in gross merchandising sales (GMS) for this period and the growth rate of 17.8%, year over year. The greatest share of revenues comes from services Etsy offers to sellers which are created to help shop owners in payment processing, advertising, shipping and similar.
There are a few factors driving Etsy’ growth. On one side the e-commerce website attracts buyers from all over the world looking for unique or custom made goods at fair prices. Customers have a chance to establish direct contact with sellers among whom majority is prepared to meet clients’ wishes. This sort of direct communication foster loyal customer base which is a goal of every business. At the same time, Etsy offers sellers the opportunity to open and maintain shops without having to worry about soaring expenses. You cannot bankrupt on Etsy, and the worst thing that can happen is that you fail to sell any item and lose a few bucks.
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This does not mean that you do not need some kind of business plan before opening a shop. There are a few things prospective buyers should think about before launching an online business if they want to be successful. First, are you the person who has a particular hobby and wants to turn that hobby into a business? In that case, there is no much dilemma about the sort of items you will sell. However, many people are looking to open the shop that will sell the most wanted handmade items. In that case, you might want to search for best things to sell on Etsy to make money. Basically, you will discover that craft supplies, handmade jewelry, homemade cosmetics are among the best sellers, but this does not mean that you cannot make it with other sorts of products. As in any other endeavor, the key to success on Etsy is a readiness to invest hours and hours of work. Moreover, try not to expect significant profit overnight as you might get easily disappointed. Months will pass before you will start making money as it takes time to build a customer base and create the offer that will draw buyers’ attention. While trying to attract customers do not rely only on Etsy – the most successful sellers promote their products on other platforms such as Facebook, Instagram, or on their own websites. As a matter of fact, Etsy has developed the tool to help sellers create their own websites. As an Etsy seller, the best thing you can hope for is that your shop will become profitable enough to secure you a living. Note though that majority of sellers cannot rely on online shops as their only source of income so do not indulge in unrealistic expectations.
After deciding about type of goods you are going to offer, you can begin with the process of opening a shop which means choosing a name, presenting yourself and your business in a few engaging lines, taking photos of the items you are selling (this is one of the most important parts – remember that buyers cannot hold items in hands so you want to spend as much time needed in taking and editing photos that will attract customers). You also need to write a catchy, honest and informative description of your products, that will include information about product size, shape, color, material. Do not forget to include SEO phrases in the description as this is the best way to secure that buyers see your shop when they search for products you are offering. And finally, we have marketing as a critical component of running a successful small business. In order to see how the most successful shops promote their products, take time to discover top Etsy sellers by category by visiting Etsyrank or just Etsy best sellers 2017, about whom you can find out more by reading our article about 10 most profitable Etsy shops in 2017.
When it comes to this article, we relied on just mentioned Etsyrank which offers the list of top 100 sellers ever and the list of top 100 sellers on Etsy’s website, which we accessed on March 5th. We compared these two rankings to find out which shops occupy the highest positions on both lists. Those that are placed high on both rankings are included below as 11 most profitable Etsy shops in 2018.
11. ModParty
We start our list with ModParty, the only shop on the ranking that specializes in party decoration featuring gifts and decor for weddings, birthdays and baby showers. Since it was opened in 2013, the shop has had 228,639 sales, and it has earned almost 37,000 reviews with an average five-star rating. ModParty has been listed as favorite shop more than 60,000 times which speaks about product quality.
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10. MayaHoney
Up next on our list of most profitable Etsy shops in 2018 we have MayaHoney which was launched in 2011, and since then it has made more than 225,000 sales and earned almost 30,000 positive reviews from happy customers. The shop specializes in Czech glass beads, ceramic beads, metal charms, seed beads from Toho. It is run by husband and wife Katerina and Anatoly who live in Slovakia.
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9. Beadboat1
If we took into account the number of sales only, made on the March 5th Beadboat1 would rank higher on the list of most profitable Etsy shops in 2018. Beadboat1 occupies ninth place because it has made “only” around 199,000 sales so far which is lower compared to other shops on this ranking. Still bear in mind that Beadboat1 was opened in 2014, which means that it is “younger” than some other shops on our list. The shop sells beads, charms, chains, necklaces, crystals… It has received hundreds of positive ratings and has been listed as a favorite shop more than 11,000 times.
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8. Beadsmaker
Here comes another shop with a similar name and offer – Beadsmaker. As you might guess it specializes in jewelry supplies. This is one of the oldest shops on our list. It was launched in 2010, and since then it has made almost 300,000 sales accumulating around 70,000 mainly positive reviews. Beadsmaker is also the only shop in this ranking from Asia, more precisely South Korea.
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7. LayeredAndLong
LayeredAndLong ranks 7th on our list of most profitable Etsy shops in 2018. It offers simple, elegant handcraft jewelry at reasonable prices. The shop was opened by Chrissy from Washington in 2012. During last six years, the shop has sold almost 304,000 items, earned 46,000 reviews and has been marked as favorite more than 160,000 times. The shop’s owner Chrissy says that she has three goals – happy customers who are obsessed with their new pieces, building a business that brings goodness to the world and creating a place that people are happy and proud to work.
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6. PrettyInPinkSupply
Pink lovers searching for supplies for their DIY projects should stop by at PrettyInPinkSupply where they will find everything they might need at low prices. The shop is owned by Christina, mother of three daughters, who launched Pretty in Pink Supply in 2012 because she loves making things for her kids. The shop has sold almost 305,000 items receiving more than 55,000 reviews mainly from satisfied customers.
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5. Jewelersparadise
If you are looking for a rich offer and low prices go to Jewelersparadise, which ranks as fifth on our list of 11 most profitable Etsy shops in 2018. Here you will find more than 17,000 products. Of these, hundreds are offered on sale and can be bought at 50% discount. The shop has been part of Etsy community for seven years, and during that time it has made more than 443,000 sales, gathered almost 60,000 positive reviews and has been listed as favorite shop 64,000 times.
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4. PlannerKate1
Planer lovers and those who like to have a neat plan for a day should visit PlannerKate1, where they will find hundreds of planers of different colors, designs and sizes. The prices are reasonable, and the shop also offers 25% and 50% discount on some items. PlannerKate1 was opened 2014 and since then it has sold almost 310,000 items and received more than 93,000 reviews with an average five-star rating.
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3. Yakutum
Yakutum is next one on our list of top selling Etsy shops. It was opened in 2008, so it is no wonder that it has had more than 336,000 sales so far. The shop’s popularity is growing year after year, and it has been one of the top sellers since the beginning of 2018. Yakutum offers a great variety of rings, pendants, beads, chines, glass and other supplies. The shop has around 55,000 mainly positive reviews, and it has been listed as favorite shop more than 225,000 times.
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2. Nicole de Bruin
Nicole de Bruin ranks second on our list of most profitable Etsy shops in 2018. It has had almost half a million sales since it was opened in 2009, which is the second highest number on Etsy. At this shop, you can choose between more than 15,000 charms and also have the chance to order an item with custom engraved tags. Nicole de Bruin was named favorite shop around 40,000 times, and it has gathered 125,000 positive reviews.
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1. Bohemian Findings
The first place on our list of 11 most profitable Etsy shops in 2018 belongs to Bohemian Findings. With 1.3 million sales, more than 200,000 positive reviews and hundreds of products sold each day the shop is without any doubt the most successful one on Etsy. It’s one of the most successful Etsy shops. Before opening the shop in 2010, Bohemian Findings’s owners ran wholesale jewelry business, so they had dozens of boxes with charms and beads, which they decided to offer on Etsy and that was the beginning. Today the shop offers more than 18,000 items, and it has a loyal customer base from all over the world.
Image Credit Pixabay/ Public Domain
