Once you have a grand idea of selling on Etsy – now it’s time to take action, but how much does it cost to set up an Etsy shop?
This post will look at the cost breakdown of opening your Etsy shop and making those first few sales. If you haven’t yet started, you can find complete instructions to get started on Etsy in this post. Including a link to 40 Free listings.
Read our complete guide to Etsy SEO
Research your competitors on Etsy. My favorite post so far 🙂
Sell on Etsy and make money with ideas
Our review of Flodesk for Etsy sellers
How much does it cost to start an Etsy shop?
There is no cost in actually opening your Etsy shop. Etsy does not charge any money to open a shop, and there are no monthly fees to run an Etsy shop.
The first money you will need to pay is when you create your first listing and place it for sale. The fee for each listing on Etsy is 0.20cents.
When it comes to opening a shop – you can’t press OPEN until you have one listing. So you can’t work on all of your shop branding and then open; you need to put something for sale BEFORE they let you customize it.
So I guess you could say it costs .20c to open a shop.
Don’t worry if you don’t yet have anything to sell – you can upload a picture from your mobile and put that for sale and then when your shop is open – remove the listing, so there is nothing for sale while you gather your thoughts and move along.
Don’t forget to check out my big post on Opening an Etsy shop.
Once you spend .20cents putting an item for sale, it will remain for sale until it sells or is deactivated by you.
It expires after four months; at this point, it will auto-renew at another .20cents.
Grab our free Ebook on how to start selling prints on Etsy
Transaction fees on Etsy
You will be charged 5% of the total item costs, plus shipping and gift wrap.
Payment processing fees
You will be charged a percentage for processing your payment.
These vary from country to country, and there is also a flat fee per order.
If your bank account is in the USA, you will be charged
United States 3% + $0.25 USD
For example – you sell a print for $2.40, and your bank account is in the USA
Etsy will charge you .20cents for the relisting fee.
They then charge .32cents for the sale – (3% +.25cents)
They also charge you .19cents as the 5% fee for the transaction.
So from your $2.40 sale, you will reap a total of $1.96.
Now – I know what you are thinking now… wow, that’s a lot, but remember, with digital, you have fewer overhead costs, and mainly you can resell that item over and over again with very little input from you.
There are no running costs on Etsy, as I said previously.
You can get started right now with 40 FREE LISTINGS using my link. (Please note I also receive 40 free listings)
What other fees should I think about when selling on etsy?
Here we can sort out those who are willing to invest in their business and those who want just to try and see. As we previously read the cost of setting up an Etsy shop is little, but there are other costs to consider.
Read my top Etsy mistakes to find out where I messed up when I opened my first Etsy shop
Running any business costs money. You do need to invest to make money. These investments can seem to mount up when you first start – but I can tell you that taking shortcuts never really works out.
Here are some of the things I invest in to run my shop.
Courses – There are several courses I recommend – both for beginner and experienced shop owners.
Suzi – Start a Mom Blog runs several courses everything from starting a Website to creating printables to sell. She has a natural tone and her teaching style is bubbly and simplistic. Anyone can learn from Suzi.
Canva Pro: The more I log into this powerhouse, the more I love it. It’s perfect for those of us with some graphical skills but doesn’t wish to fire up Illustrator each day. I love it.
Why not stop by and view my
If you are planning to open an Etsy shop, or just need some help planning – you’ll find my Etsy shop planner pack ticks all the boxes.
Over 50 pages to print out and fill in – covering everything from Branding, competitors, stats, and SEO.
Final thoughts on how much it costs to begin an Etsy shop
There are no initial running costs to opening an Etsy shop apart from your first listing cost, which is .20cents. Etsy will charge you costs when you sell the item and when you renew an item. They will also charge you a percentage fee for selling the item, collecting the buyer’s money, and processing the transaction.
I hope you found this post helpful – please pin me to your favorite Pinterest board.
Let me know if you have any questions in the comments.