[Noty & Co.] One product sale every other day.
I’ve sold on average one product every other day during these past 4 months and recently hit 70 sales with my Noty & Co. products. I’m so satisfied with how it’s going and I look forward to reaching 100 sales.
I had originally planned to create at least 200 products, compared to the 42 I have now, but during these past months I’ve been studying full-time and working full-time and I haven’t found the energy or time. However, my plan is to continue working on Noty and creating more products as soon as I’m finished with my bachelors.
The good news is that my plan for it to be a passive income is proving to be true. I haven’t created any new products or updated any social media during these past 2 months but the sales have still been going steady every week. My products are ranking higher on Etsy’s search engine and I’m excited to see how this can evolve when I add 5x the amount of products.
One insight I’ve learned so far is that for this business to become something that I could potentially live off, I would need to sell more expensive products where every sale gives me more profit (around 20$ per sale). I’m thinking about creating bundles of products, like a series of similar designs across different products and selling them for a higher price. Alternatively, it’s something that I’ll keep in mind for future business ideas instead. Anyways, I’m looking forward to experimenting with this aspect when I have more time.