Here we are at the end of the first quarter and already Etsy revenue is nearly at the year end numbers for 2022. When you factor in the recent transaction through PayPal then we’ve far surpassed last year’s umber already.
Thats the good news. The majority of the sales this year have been from two sources. The guy in Japan will soon have 30 hanks in addition to the 16 he ordered before so I expect it’ll be a while before he orders more. The orders for the Sacramento area may soon dry up too. The business relies heavily on new customers. Rope is a durable good so it can be a while before it needs replaced.
The next step is to setup a stand-alone online store in addition to Etsy and advertise it directly. There isn’t a huge incentive to advertise the Etsy shop with the fees being so high there.