🎉 First Sale Update: The Reality of Etsy Fees
Hey Tumblr! Remember the first sale I mentioned earlier? Well, the payment finally went through, and I've got some eye-opening numbers to share with you all.
The Breakdown
Here's what happened with my €0.66 sale (2 things):
Etsy VAT: Processing Fee: -€0.09
VAT: Transaction: -€0.01
Transaction fees: -€0.03 (€0.02 + €0.01)
VAT paid by buyer: -€0.14
Processing fee: -€0.33
Listing fee + VAT (auto-renew sold): -€0.24 (€0.19 + €0.05)
Listing fee + VAT (auto-renew sold): -€0.24 (€0.19 + €0.05)
The Shocking Total
So, I earned €0.66 from the sale, but the total fees and costs came to... €1.08! 😱That means I actually lost €0.42 on this sale. Yes, you read that right - I paid Etsy to sell my item!
What I've Learned
Low-priced items can actually cost you money to sell.
It's crucial to factor in ALL fees when pricing your items.
The journey of an Etsy seller is full of surprises!
Moving Forward
While this first sale wasn't profitable, it's been an invaluable learning experience. I'm now working on adjusting my pricing strategy to ensure sustainability while still offering value to my customers. Thank you all for following along on this adventure. Your support means everything! Don't forget to check out my shop: AnaCraftGo on Etsy Use code TUMBLR50 for a 50% discount: Shop with discountHas anyone else had similar experiences with their first sales? I'd love to hear your stories!
