With the insight from the market research, let’s translate that knowledge into developing your winning products.
Using the list of common features you compiled while analysing competitors to create a baseline for your products. Even though your product may not need to have every single feature as your competitor, having a comparable feature list would help your product to be perceived as a viable option in the niche.
Your USP gives shoppers a clear reason to buy. It’s what sets your product apart from competition. And it’s the reason that a shopper says, "I need this and I can only buy it from YOUR shop."
Some of the most common ways to develop a USP include:
Of course, whether a particular way can help you stand out depends on your competitors. For example, if all of them are already providing customisation, then providing basic customisations may not help you stand out.
(For the list of 15 ways to develop a USP, read this chapter of my Product Development course)
Ensure that your USP is highlighted in your product photos and descriptions when creating your Etsy listings in future steps.
A strong brand goes beyond just a pretty logo. It's the overall impression you leave on shoppers visiting your shop, and on customers that you want to impress again and again. Let's break down the key tangible and intangible elements of your Etsy brand:
I cannot stress enough how important product photography is on Etsy.
Good photography can:
Some general guidelines for a great product photography:
You don't need an expensive camera; Most phone cameras are capable enough.
Here’s an idea for a cheap photography set-up you can use at home:
And after you have taken the photos, make sure you edit them. It can make a big difference.
You can use Canva or Lightroom to edit your product photos. Lightroom is the more capable tool between the two and it has a free version on mobile.
In many cases, try lifting the shadows and brightness of your photos, and adjust the white balance to make sure the colours are accurate.
Click here to read my top 8 product photography tips with real examples. It includes a lot of inspirations of the types of photos you can take, like lifestyle shots and closeup detail shots.
Packaging is a big part of your customer’s experience. Not only does it protect your product during shipping, it also helps to give the best first impression to your customers.
Professional packaging can also help you sell more because it improves the perceived value of your products. In the previous step, you have seen some examples of how to take packaging photos to showcase it.
Let's look at the different components of packaging:
This is the outermost layer. This layer is especially important for fragile products or international shipping.
Some examples include envelop, cardboard shipping box, padded mailers, etc.
Although it can be seen as the ‘boring’ layer, there are some opportunities to show your branding and personality here. Some popular methods include logo stamp, custom stickers, washi tape and custom printed envelops.
This layer can really help you set yourself apart as a handmade seller compared to big retailers or other resellers on Etsy.
If done correctly, you can make the customer experience more special with some extra things like a thank you card (handwritten or printed), freebie/sample, care instruction for products, etc.
This is what most people think when they think about packaging. It’s the layer/component that closely protects or hold the product.
Some examples include jar that holds a facial cream, jewelry box that holds a necklace, a band that wraps around a handmade bar soap, etc.
Sometimes there is overlap of the product packaging being a part of the protection layer, like jewelry box.
To learn more about packaging, read this packaging course.
Most handmade sellers unintentionally underprice their craft. The worst part is that shoppers may misinterpret low prices as a sign of low quality, making them hesitant in buying.
When you price your product, it needs to cover all your expenses and have a margin on top of it (either to reinvest or allow you room to run sales and discounts).
Main cost components:
Great pricing isn't just about math. It's about showcasing the value you provide. Through strong branding, optimised product listings, and high-quality products, you can justify a price point that exceeds mere costs, just like successful luxury brands do. Read this chapter to learn the tactics to increase the value and charge more for your craft.