Nobody wants to really talk about how much money they make. It's in poor taste. It's nobody's business but your own. And I agree. (well, kind of. If you're blabbing about how much money you make in public. discussions among friends are fine...)
But those of us that dream of quitting our day jobs, and making a living on Etsy - are very interested.
I read an interesting blog post today here, written by a shop on etsy with over 10,000 sales. So, it got me to thinking.
You can see Etsy's top sellers here http://etsybynumbers.blogspot.com/2009/04/etsy-top-200-sellers-handmade.html.
The #1 handmade shop has sold over 24,000 items, at an average cost of $15 (guessing, it is probably $18) - 24,000 x $15 = $360,000 - etsy and paypal fees = $335, 241. Of course, I have no idea what the costs are for making her items. And the shop joined in June of 2005, so that is over the course of 3 years. I could live well on just about $100,000 per year.
It takes tremendous talent, as well as marketing know-how, fabulous customer service too.
But the #1 thing that will make you a success is your product.
How fabulous is your product?? And how much demand is there for your product? Is your product so fabulous that 24,000 people HAVE to have it??