Profits after fees
Everyone on Etsy has at least these variables that cut into their profit margin:
- Etsy listing fee: .20
- Etsy commission: 3.5% of item sale price [not shipping]
- PayPal fee: .30 + 2.9% of total reciept [item+shipping]*
For a $1.50 item, the actual recieved money will be .89. Wow. That's only 59% of the sale price. So make sure your low ticket items are worth it!
2 comments:
I often am boggled by the sellers that seem to get the bulk of their sales from low ticket items. Sure they get tons of sales but it hardly seems worth it to me. And your figures didn't include the cost of any packaging or gas most people use to get to the post office.
This is why I sell my low ticket pins and magnets in sets of three because selling them one at a time just isn't worth it.
No kidding.
Or how about the time involved in making the listing. And materials. On and on.
Hopefully some of them are putting stamps on instead of heading to the PO each time.
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