{"id":1469,"date":"2019-08-28T19:22:16","date_gmt":"2019-08-28T19:22:16","guid":{"rendered":"http:\/\/www.wendyzhou.se\/blog\/?p=1469"},"modified":"2025-10-14T18:55:41","modified_gmt":"2025-10-14T18:55:41","slug":"noty-co-august-2019-my-side-business-update","status":"publish","type":"post","link":"https:\/\/www.wendyzhou.se\/blog\/noty-co-august-2019-my-side-business-update\/","title":{"rendered":"[Noty & Co.] August 2019 – My side business update"},"content":{"rendered":"\n

Overview<\/strong><\/h2>\n\n\n\n

Since March 2019, I’ve been selling digital products (downloadables and printables) on Etsy as my side business idea. The goal is to create a semi-passive to passive-income source over time that will allow me more financial freedom.<\/p>\n\n\n\n

The shop:\u00a0www.notyandco.com<\/a><\/p>\n\n\n\n

I did most of the work during January and February and then uploaded all the products at once. I then did some keyword research and on-page SEO as well as tried out Etsy’s own ads system (in their own search engine).<\/p>\n\n\n\n

During these past months, I’ve been seeling a few products every week. On average around one or two product sales every other day, consistently. I’m pretty content with the results since I haven’t out in any more work into it since late March. I’m at around 100 sales at this moment.<\/p>\n\n\n\n

I’m mostly glad that my plan for it to be a semi-passive income is working.<\/p>\n\n\n\n

My goal until 2021<\/strong><\/h2>\n\n\n\n

I aim to earn around 500 dollars each month. I want it to be as passive as possible (except for creating new products when I feel like it and occasionally working on improving SEO when the search engine algorithms have been updated).<\/p>\n\n\n\n

Problem<\/strong>…<\/h2>\n\n\n\n

I haven’t gotten much profit despite my consistent sales since my products are too cheap and because I spent too much on advertisements at the beginning. In the future, I need to create products that I can charge at least 15 dollars to make more profit.<\/p>\n\n\n\n

Improvements I need to make<\/h2>\n\n\n\n
  • 1. I need to sell more expensive products. <\/strong>However, I’m not sure if my sales will be as consistent if I sell more expensive products on Etsy… One alternative is to start selling products through my own website. I already own the domain name and I know how to build an e-commerce website by myself. The challenge would be to drive customers to my own website without spending too much on advertisements.<\/li>
  • 2. I need to spend less on advertisements <\/strong>on Etsy and do more manual work on social media if I want to decrease the costs and improve profits. However, that would take away from my idea of having a semi-passive income so the solution must be to…<\/li>
  • 3. Change business idea<\/strong> to something that’s easier to sell more expensive (15-20 USD per product) and make more profit from each sale<\/li><\/ul>\n\n\n\n

    Summary<\/h2>\n\n\n\n

    I’m happy that I’ve shown myself that I am capable of coming up with a functioning product idea for semi-passive income and that I’ve gone through with it. The next step is to try to improve the profit rates.<\/p>\n","protected":false},"excerpt":{"rendered":"

    Overview Since March 2019, I’ve been selling digital products (downloadables and printables) on Etsy as my side business idea. The goal is to create a semi-passive to passive-income source over time that will allow me more financial freedom. The shop:\u00a0www.notyandco.com I did most of the work during January and February and then uploaded all the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","footnotes":""},"categories":[39],"tags":[],"class_list":["post-1469","post","type-post","status-publish","format-standard","hentry","category-income-and-business","entry"],"gutentor_comment":0,"uagb_featured_image_src":{"full":false,"thumbnail":false,"medium":false,"medium_large":false,"large":false,"1536x1536":false,"2048x2048":false,"ocean-thumb-m":false,"ocean-thumb-ml":false,"ocean-thumb-l":false},"uagb_author_info":{"display_name":"Wendy Zhou","author_link":"https:\/\/www.wendyzhou.se\/blog\/author\/wendy1111live-se\/"},"uagb_comment_info":0,"uagb_excerpt":"Overview Since March 2019, I’ve been selling digital products (downloadables and printables) on Etsy as my side business idea. The goal is to create a semi-passive to passive-income source over time that will allow me more financial freedom. The shop:\u00a0www.notyandco.com I did most of the work during January and February and then uploaded all the…","_links":{"self":[{"href":"https:\/\/www.wendyzhou.se\/blog\/wp-json\/wp\/v2\/posts\/1469","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.wendyzhou.se\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.wendyzhou.se\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.wendyzhou.se\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.wendyzhou.se\/blog\/wp-json\/wp\/v2\/comments?post=1469"}],"version-history":[{"count":6,"href":"https:\/\/www.wendyzhou.se\/blog\/wp-json\/wp\/v2\/posts\/1469\/revisions"}],"predecessor-version":[{"id":2097,"href":"https:\/\/www.wendyzhou.se\/blog\/wp-json\/wp\/v2\/posts\/1469\/revisions\/2097"}],"wp:attachment":[{"href":"https:\/\/www.wendyzhou.se\/blog\/wp-json\/wp\/v2\/media?parent=1469"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.wendyzhou.se\/blog\/wp-json\/wp\/v2\/categories?post=1469"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.wendyzhou.se\/blog\/wp-json\/wp\/v2\/tags?post=1469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}