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Thursday, March 27, 2014

What to do when sales are slow

What can you do while sales are slow to make things better?

First of all: relax! There will always be slow months in the year and sometimes you just have to ride them out. That doesn't mean not do anything, but it does mean to try not to stress about it.

Some other suggestions include:
Increasing your facebook ads. I know this may seem a little scary to spend more money while things are slow, but it can genuinely increase sales and interest. You have to spend money to make money. 
So if you already have an ad running, try upping your daily limit, or try promoting specific posts. If you don't have an ad currently running, this is the time to do so!

The post about Facebook Ads: CLICK ME 

You can also add a few more ads to related blogs / websites. If you already have one, add a few more for a one month deal with some other sites. You can also see about paying a little more on the websites you are currently on and get a better spot (ex. a bigger ad, or higher up on the page). 

The post about Sponsorship Ads: CLICK ME

Some free ideas to up your sales would be to really go full bore with your free marketing. Get onto Twitter like crazy, start finding more followers on instagram, post all your awesome items on every free social media site you are on. Just don't stop. 

This is usually the best time to sit down and clean up your shop, remove items that aren't selling, work on your blog or website, update everything you may have fallen behind on. A slow month can be great for "Spring Cleaning". You know all those new products you haven't had the time for? Find the time! It's time to get those online! Show off all your new products so people remember why they should buy from you even though maybe money is a little tight that month. 

The post about Free Marketing: CLICK ME

Another Stats Update!

Here is one last statistic update for a while!

These statistics start September 16th /13 until March 23/14

The best day for both sales and admirers on etsy is still Sunday!
The second best day for both sales and admirers is still Monday.
I've also discovered for what ever reason that Thursday has the most sales. Now that could be a fluke but I've been doing these statistics for a while now so it may say something.

These are averages based on the statistics:
Best time for sales: 9AM - 5PM
Best time for admirers: 10AM - 8PM

The least busy days for online sales & admirers are Friday & Saturday. This doesn't mean these days aren't important, but if you find the same thing with your shop, maybe those can be your new days off. 

On a daily bases:
Mondays 8AM - 8PM Admirers / 8AM - 3PM Sales
Tuesdays 10AM - 6PM Admirers / 12PM - 5PM Sales
Wednesdays 10AM - 8PM Admirers / 11AM - 8PM Sales
Thursday 10AM - 9PM Admirers / 5AM - 4PM Sales
Friday 10AM - 6PM Admirers / 8AM - 2PM Sales
Saturday 11AM - 8PM Admirers / 11AM - 4PM Sales
Sunday 9AM - 9PM Admirers / 8AM - 11PM Sales

Now to be clear these statistics are based solely on my own person experiences. But I do believe that they give good averages to when the online world is busy shopping and window shopping. 

Friday, March 21, 2014

Ruby Lane

What is Ruby Lane
Ruby lane is a website not unlike Etsy that specializes in Vintage and Antique items only. So this site is not for handmade goods. 

Some benefits to selling through Ruby Lane:
Fixed Price Format:
"Unlike some venues, Ruby Lane shops sell items at set prices rather than in an auction format. Our optional Make-An-Offer setting further entices buyers - our software can automatically accept, counter or reject offers for you! You can also use our Send To Auction feature which allows you to conveniently showcase your shop's items on eBay and other sites."


-
You're also dealing with a much more specialized website which means the people shopping are looking for those older pieces and likely not just browsing "purple dresses" in an open search on etsy.


How their pricing works: -it's a little bit complicated but it may come out cheaper than etsy in the long run because they do not take a cut of your sales.
"Ruby Lane's simple tiered pricing structure is affordable even for small sellers. No commissions! For accounts registered before January 1, 2014: a one-time fee of 30 cents to add each item; for accounts registered starting January 1, 2014: a one-time fee of 39 cents per item which includes Advanced Image Processing fee; a once a month maintenance fee where the first 150 items is 30 cents for each item, and then each item over 150 and up to 1000 is 20 cents, and then each item over 1000 is 1 cent (minimum $24 per month); an advertising fee of $30 per month per shop. There are no additional hidden costs or contracts. "

Here is an example of what a search looks like through Ruby Lane:



Big Cartel & Storenvy

So these following sites, Big Cartel & Storenvy, are for hand made goods and related items.

Starting with Big Cartel
I actually think their front page has a great summary of what they are. 

If it's too small to read: Big Cartel provides you with your own independent store to sell your stuff online. There are over 400,000 clothing designers, bands, record labels, jewelry makers, and other artists using this hosting site. They offer affordable (or free!) pricing plans to fit your needs and budget. They do not take a cut of your sales.

Big Cartel functions a lot like Shopify. 

Here are a few examples of sites hosted through Big Cartel:


Check out their "tour" to get a better idea of what they offer:

How their pricing works:


So like it explains, Big Cartel really is for smaller shops. If you are a bigger business with over 300 products, sites like Shopify start making more sense. 


Next up is Storenvy!
Once again this is an online e-commerce platform. Storenvy, unlike Big Cartel or Shopify, have a bit more of an Etsy feel. There is a common market place where your listings get seen as well as having your own site. 

This as they describe, basically gives you two stores in one. You have your private site and your market place site. This gives you twice as many chances for sales.
The interesting this about this site is that it's actually free! So for those of you selling hand made goods, what's the harm in giving it a try?

When I read that it was free I myself was thinking there's got to be a catch but here is a quote from their site:

"It’s free! What’s the catch?

There is no catch! We believe that everyone should have access to an awesome online store to grow their business. After you open your store, you can choose to pay for a few Extras to enhance your store such as Custom Domain support and Super Discounts."


So if you are interested in having a custom domain it's only $5 a month! It's also only $5.00 to host a sale on your site. This is where the website makes its money. 

Both of these sites (and Shopify as well) are extremely easy to navigate so if you have any further questions, go to the sites and look around. I know that when I've had questions with Shopify, they have got back to me (by email) very quickly and have been nothing but polite! So don't hesitate to send off an email or two with any questions to the sites themselves as well.

Lastly, I will go over Ruby Lane for those of you who sell vintage and antique items!

Other Websites to Sell Through

I think we have gone over some of the most important parts of running and maintaining a shop through etsy. I would now like to present to you a few other websites that you can sell through.

For Handmade & Vintage items:


For just hand made items:


For just Vintage / Antique items:



Let's start with Shopify:
(Just to help break this all up I will dedicate the rest of this post to Shopify, then a separate post for Big Cartel & Storenvy then one last one about Ruby Lane. This way it is easier for you to search the one you are looking for. 

Anyways, again let's start with Shopify!

What is Shopify and how is it different than etsy?
A quote from their website:
"Shopify includes everything you need to setup an online store, including free web-based store building software, unlimited ecommerce website hosting, and more" 

This website is to help you branch outside of selling on etsy, and having your own private site. 

The benefits:
-Your own private site means you can sell any legal thing you want. It no longer has the follow the etsy rules and guidelines. 
-You pay a monthly fee to shopify to maintain your side (there are a few options) instead of paying per listing and per sale. Depending on how your sales are going, it can actually be a lot less money every month to host a website than pay etsy. The only difference is that you have to pay that fee every month even if you have a slow month. 
-Shopify is becoming more and more known as a trust worthy site, so buyers are still just as likely to trust you as a seller if you are hosting through shopify.
-They have a 14 day free trial which is risk free and can give you an idea as to whether or not it's what you want for your business.
-You can have both shopify and etsy, just be careful if you have one of a kind items that they don't both sell and that you remove the listing from the other site when it sells on the other.
-Building your own website can be extremely expensive and time consuming. This does all of the back end work for you. They have plenty of templates to choose from to make your shop unique and personalized to your and your business.

I suggest watching their quick video on the front page!

Here are some examples of websites that use Shopify to host their shops:



Check out the links above the images and navigate through their websites. Look how different each one is and yet how clean and professional they look. 

So what's the cost?
(info found here)

After your 14 day free trial, if you are still a little uneasy, this is what the $14 a month option includes:


I personally have a few friends that use this website and enjoy it. Next we will discuss bigcartel & storenvy


Friday, March 14, 2014

Pinterest

Using Pinterest for free marketing!

What is Pinterest? Pinterest is a website full of images. Remember all of those inspiration boards and collages you made as a kid from old magazines and newspaper clippings? Well, this is the online version! You can have different "boards" for different subject matter. Many businesses including large brands like Saks Fifth Avenue have started using this site as a marketing tool!



So first of all after creating an account - make this account about your business - it can have some personal interests but don't go too far - make a board for your shop for example: "Freaky Friday Shop".


Most boards afterwards should be things related to your business and lifestyle. If you want to have other boards for yourself you can have "private" boards that only you can see! 

The next few pictures will both show how to create a board and how to make a board "private" if you so choose!




Now, you're probably wondering about the other options, and how to pin! The top option as seen in the image above, is to "upload a pin". This is to upload a pin from your computer. Pretty simple. The next one is "add from a website". This one is also pretty simple. Grab the URL from the website or the image itself and type it in. It will then pull up any images it can find. You can then pin whichever image you desire onto whichever board you where planning to.

Some tricks:
Want to pin your etsy items? This will upload your main photo for your etsy listing. It will also link to your listing if anyone clicks on the image!


Okay, but what if you want a different picture from that listing? Good question!

First you choose the images and right click on it. Click "copy image URL". Then upload from website on pinterest. Copy / Paste it in, choose the image and pin it to the appropriate board. 



Once you've pinned the image to your board, go to that board and find the image. Once you've found it click on that little button on the right that looks like a pencil. It's the edit button! 


Then go back to your original etsy listing and copy paste the listing's URL into the website location. This way it will still link anyone who clicks on the image to your etsy listing. Otherwise it will just link to your image with no ideas of where to find the item for sale. 


Also, start finding that community of businesses, friends, acquaintances that are all related to your business and follow them. You can also choose to un-follow any boards you are not interested in seeing on your feed. 

The point of this website is to get people to see your images and "re-pin" them onto their boards. The further that image can travel, the more chances of sales and general traffic to your shop. This can lead to sales so it's worth spending a little time on, at least when you have new product to introduce. 

Some little things

 I was recently thinking about some little things that may help along the way but are not big enough to write a whole post about!

1) Another shipping option: shipping in the states. Depending on where you live, if you are close to the boarder (relatively) and have a high volume of sales, it can be a lot cheaper to cross the border into the United States and ship from there. If you do so, go once or twice a week and make sure your policies state how often you go.

2) Finding Facebook groups in your world. For me, I found a couple of groups for vintage lovers and I often post new items on the group and make a few extra sales that way. Just search tag words related to your business and see what you find! Again, it's good to be part of the community!

3) Make sure you've been keeping your finances organized. Keep all of your business receipts, keep track of all your business spending, and all of your sales. Also keep track of what you've been spending on shipping because you may find in the end that you've spent a little out of pocket on it and that should be written off in your end of year taxes.