In this post we’ll take a look at a free way to make money passively on Etsy. This method for making money online only takes a short time to set up and can provide a source of passive income. This is suitable for anybody as it requires no financial investment, skills or experience.
One simple free way to make money online is by setting up a print on demand store. This allows anybody to create an e-commerce business without the hassle and cost of purchasing, storing, manufacturing or shipping products. All this is done by the print on demand platform. You simply apply your own designs to a range of pre-selected products and market to your customers.
Make Money Passively With Etsy And Printful
We are going to look at how to connect a print on demand platform like Printful to an Etsy store and use trending products to boost your sales. All of this is free and once set up can be left on autopilot to generate passive income. It is a simple method that anybody can use as a free way to make money on the side.
See the reasons why passive income is important.
Etsy is a global online marketplace for selling unique, vintage, handmade and custom products and gifts. It is free to set up an Etsy store.
We recommend registering an account and setting up your store front first. Use a free tool like Canva to create logos and branding for your store.
Printful is a print on demand platform that allows easy integration to e-commerce marketplaces like Etsy. They have a wide range of products to choose from such as clothing and gifts. You will just apply your designs to these which we will discuss further below.
You are not responsible for manufacturing or shipping the products, Printful does all this for you. There are no initial costs as you are only charged for the product when your customer purchases it.
First register a free account on Printful and complete all required registration information. Now you can choose a product template and add your designs ready to import to your Etsy store.
Printful integrates with lots of other eCommerce platforms including eBay, Shopify and more. However integrating and selling through Etsy is easier to set up for beginners.
Adding Designs To Your Products
Firstly you do not require any design skills to create custom graphics for your products. Free images and graphics can be found on sites like Pixabay and Unsplash. These are free to use for commercial purposes so you can use them on your products or other purposes such as websites and marketing. Or you can create your own using a free content creation tool like Canva. The choice is yours.
There is a way you can capitalise on the latest trending topics to help boost your sales. Use Google Trends to discover the highest trending searches from the past 30 days. You can view worldwide searches or narrow down to your own country. Select one of these topics and find an image related to it. You can always edit these images in Canva to create unique designs.
Once you are happy with your design, go back to Printful and apply this onto a product. There is a wide range of clothing and gifts including t-shirts, hoodies, caps, bags, mugs, water bottles and more.
Connect Your Etsy & Printful Accounts
Now you have your product designs ready to sell you just need to connect your Printful account to your Etsy store. You can then import products directly from Printful to your Etsy store. This will automatically populate your item description, prices etc. You are able to review and amend this before publishing.
Printful provides a step by step instruction on how to do this from your account. Sign up to Printful here.
Selling Your Printful Products On Etsy
As your accounts are connected, any orders received through Etsy are automatically fulfilled by Printful.
You are in control of pricing your items. Before publishing a listing you can review the product cost and shipping from Printful – this is what it costs you to order the product. Don’t forget to adjust your prices to factor in any selling fees for selling through Etsy (see below).
Etsy Fees For Selling
There are Etsy fees for selling on the platform, but these are only applicable when you make a sale and are automatically deducted from the sale. As the fees will be deducted from final sales it means it’s effectively a free way to make money.
A standard selling fee of 6.5% applies to each sale. Plus payment processing fees which vary by payment method you accept. Etsy Payments is 3% + $0.25.
There may be additional payment processing or currency conversion fees depending on the payment methods used and country. Again these only apply if you make a sale.
The only fee you will incur upfront is a small $0.20 listing fee per item to list a product in your Etsy store. Listings last for 4 months and can be set to automatically renew if you wish.
There are no fees for using Printful, you only pay for the product when you receive an order. The product costs are displayed on the product page. You never order stock upfront so you don’t require money to start.
Make Free Money
Your profit is the remaining balance after sales less product costs and fees. It is a free way to make money passively.
For example, say a t-shirt costs $10 on Printful which you sell in your Etsy store for $20.
After a sale, Etsy charges you 6.5% + $0.20 on the total sale value. That’s $1.50 altogether in selling fees.
If the transaction completed through Etsy Payments then this is 3.5% + $0.25 which is a total of $0.95 on a $20 sale.
So selling and payment fees total $2.45. Add on the product cost of $10 and that’s $12.45. Subtract these costs from your sale price of $20.
That’s $20 – $12.45 = $7.55 profit per item.
And don’t forget that these fees only apply when you make a sale. There is nothing to pay upfront. You receive payment from your customer first before ordering any items. That’s a great benefit to this business model in that anybody without access to funds can start their own profitable e-commerce business. It’s a great free way to make money online.
Free Way To Make Money Passively Conclusion
If you are looking for a free way to make money passively online then a print on demand store is a good choice. They do all the hard work for you. This means no manufacturing or shipping, saving both time and money. You only order products once you’ve made a sale.
By using a global online marketplace like Etsy you can easily reach millions of customers across the world. Print on demand platforms like Printful offer seamless integration to Etsy stores and is free to use. All orders through your Etsy store sync to your Printful account, which they fulfil for you.
This is a great way for any individual to start their own e-commerce business for free. It provides a free way to make money passively online.
Interested in creating more online income streams? Looking for an additional free way to make money? Check out our blog posts for more essential reading including;
- Why you need multiple sources of income
- 50 ideas for building online income streams
- Dropshipping guide – how it works
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