This is what my brain has been telling me for the last three or four days. Ever since I posted the clearance section of my jewelry shop, hoping that what is there would finally sell. It hasn't, and even though I just created the section on the 20th or 21st of September, my mind is telling me that no one wants this jewelry, it is junk, and just get rid of the shop and be done with it.
Unfortunately, since this particular nagging does not want to leave, I am wondering if it isn't time to just pack it in and forget trying to have my own business. I know, I know, I shouldn't give up or quit. But...it's been almost 3 years. It will be 3 years in December that I've been trying to make a go of this.
Of course, I get the same advice from everyone I ask about it on Etsy - keep digging, work on my photos, advertise more. Buy more slots in showcases, buy the new search ads, buy Google AdWords ads, become an advertiser on Facebook. Use Project Wonderful. Buy ad space on BlogAds. Try purchasing ad space on other blogs. Been there, done that, no sales. I'm tired of getting the same old advice that does *not* work. I'm tired of being told my pictures aren't good enough when I see shops with *worse* pictures that are selling items like mad. I'm tired of spending money I *do not* have to advertise my shop.
I'm just...tired. The entire time I was in Colorado at the beginning of the year my shops were on vacation mode. The sad thing? I didn't think about them once until I got home. I didn't care that I didn't have sales, I didn't care that no one could see or buy my products, I just didn't care. Now that I'm home? I worry constantly - am I going to get a sale today? Am I going to have to relist items that I can't afford to relist? Am I going to have to spend more money on advertisement that gets me absolutely nothing?
So now I am wondering - should I give in to my mind and just give up already? Or should I keep plugging away at it, go through the Etsy Holiday Boot Camp and see if sales increase? If they don't increase should I pack it in then? Or should I keep going even beyond the holiday rush and see what happens?
I have no idea what I want to do - but I do know this - my best friend, who owns Baby Bratz Designs, seems to have a better grip on this business thing than I do - and she's not willing to give up yet. Maybe I shouldn't be either.
Showing posts with label owning a business. Show all posts
Showing posts with label owning a business. Show all posts
Saturday, September 24, 2011
Thursday, September 22, 2011
Owning A Business Isn't All Roses
I've had more than one person tell me they wish they could own their own business. Well, I have to say this - no they don't. Believe me, they don't. Not unless they know that the business they are opening is going to be a surefire hit with consumers, they don't.
Why do I say this? Well, for starters, my business has been open for almost three years. Yes, you read that correctly, almost three years. In that three years I have sold: 3 baby blankets ($80 total), 6 bracelets ($97 total), 6 pair of earrings ($6 total), 2 bookmarks ($13 total), 3 hats ($20 total), and 2 washcloths ($10 total). So in three years I have made exactly $226. I have paid out far more than that for materials, listing fees (eBay and Etsy), and monthly subscription fees (ArtFire).
I have purchased items for display purposes for craft shows. I have spent more money than I've made. In fact, I pay taxes for being "self-employed" even when I don't make enough to be taxed for regular income taxes. In short, I pay more than I bring in.
Owning your own business isn't all roses. If you don't have the time or the money to put into it, you might as well forget it. I learned the hard way - you can't just open a shop on Etsy, ArtFire, eCrater, or whoever, and expect it to just sell without having to work at it. You have to promote your shop(s). You have to get your name out there and make sure people see you and know you are there.
You have to network. Twitter, Facebook, even MySpace. Possibly LinkedIn as well. Blogs and websites are good as well. Email and instant messengers if you can manage them as well are good.
Lately I've been trying to promote my Etsy shop as much as I can for as little money as I can. Why? Because I don't have a day job to back me up. I do freelance writing, which garners me some money to use to pay Etsy fees and the like, but I don't have much.
Am I trying to scare people away from opening their own shops? Not at all. I'm just hoping they'll read this and be prepared for some tough times ahead.
Why do I say this? Well, for starters, my business has been open for almost three years. Yes, you read that correctly, almost three years. In that three years I have sold: 3 baby blankets ($80 total), 6 bracelets ($97 total), 6 pair of earrings ($6 total), 2 bookmarks ($13 total), 3 hats ($20 total), and 2 washcloths ($10 total). So in three years I have made exactly $226. I have paid out far more than that for materials, listing fees (eBay and Etsy), and monthly subscription fees (ArtFire).
I have purchased items for display purposes for craft shows. I have spent more money than I've made. In fact, I pay taxes for being "self-employed" even when I don't make enough to be taxed for regular income taxes. In short, I pay more than I bring in.
Owning your own business isn't all roses. If you don't have the time or the money to put into it, you might as well forget it. I learned the hard way - you can't just open a shop on Etsy, ArtFire, eCrater, or whoever, and expect it to just sell without having to work at it. You have to promote your shop(s). You have to get your name out there and make sure people see you and know you are there.
You have to network. Twitter, Facebook, even MySpace. Possibly LinkedIn as well. Blogs and websites are good as well. Email and instant messengers if you can manage them as well are good.
Lately I've been trying to promote my Etsy shop as much as I can for as little money as I can. Why? Because I don't have a day job to back me up. I do freelance writing, which garners me some money to use to pay Etsy fees and the like, but I don't have much.
Am I trying to scare people away from opening their own shops? Not at all. I'm just hoping they'll read this and be prepared for some tough times ahead.
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