Wanderlust Essentials : Genuine Leather Gifts
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Exsect Inc. — Leather Industry

Tips on Runninng a Sucessful Etsy Shop

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Tips on Runninng a Sucessful Etsy Shop

    I recently celebrated 10,000 Etsy sales on Christy Wright’s Business Boutique and many members had a few questions or requested that I share a few tips. I figured that it would be easiest to condense everything in one post instead of posting comment by comment.MY ONLY REGRET: Not committing to my shop sooner. While I reserved my name on Etsy on June 1st, 2012, I didn't set up my shop until May 21st of 2014. This was a mistake. I should have dived right in.However, In 2012 I did not understand Etsy’s potential. No one would share real...

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Who or What is Successful on Etsy?

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Who or What is Successful on Etsy?

How do you define success on Etsy? Is it possible to make a living on Etsy? Yep. My main Etsy shop shop grossed $90,000+ revenue in 2015. In 2016, my sales have increased by 33.41%, well on track to clear $120,000+ revenue in 2016. But how could I ever know if that is considered to be “successful” among the 1.5 million sellers on Etsy? Etsy’s new rules allow for the use of manufacturing and staff (gasp!). If I am doing $100k a year as a single maker operated business, there must be hundreds of shops making 5x-10x that amount. It...

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The Undeniable Value of Wholesale Accounts

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In the leather industry, maintaining wholesale accounts with your suppliers is an absolute must. With just a little research, you can easily save 30-70% off of MSRP by simply submitting your business articles to your suppliers. As all leather purchasers know, Tandy Leather publishes their retail prices and wholesale prices on their website. You do not need paid memberships to take advantage of the lowest offered prices. You simply need to set up an account with them. Be sure that this account is also tax exempt as the supplies you are purchasing are for resale. Weaver Leather, Zack White Leather...

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You Better Shop Around

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In April of 2014, I owned a considerable amount of Tandy Leather (TLF) shares at $9.63 a share. This holding had served me well since purchasing them in 2012 at a little over $5 a share. However, something happened at Tandy Leather around April of 2014. I started noticing considerable price hikes on items that I had been purchasing for many years. After ruffling through receipts, it became clear that many items had gone up by as much as 50%. Example: 2” Cowhide Strip x 72” - $20 (2006) - $21.99 (early 2014) to $31.99 each (4/23/16) Gross. That was...

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Thoughts Will Go HERE

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On the Entreleadership Podcast, Seth Godin suggested to write a blog everyday. I agree. And go... I've fallen in love with Fiebing's BLACK Leather Balm with Atom Wax. Tandy Leather does not carry it. I originally found it at Zack White Leather but they over charge like a mofo for shipping. I ended up purchasing it from Springfield Leather in a 4oz size just to try it out. Springfield Leather offers free shipping on orders over $75. I threw it in with an order I was already placing. The product is amazing. Unbelievable. Exactly what I was needing to finish...

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