7 Side Hustles that Can Replace Your Day Job

These are the 7 best side hustles you can start on Etsy in 2024.

Here’s 7 Etsy shop ideas that you can open and start in 2024! All of the shops we look at in this video are new and proven to work within the past year, however, there’s many shops in the same niches that have crossed way higher milestones and make multiple six-figures in profit every year.

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0:00 – Intro
0:46 – Shop Idea 1
3:18 – Shop Idea 2
5:47 – BONUS TIP – Automation
6:54 – Shop Idea 3
9:14 – Shop Idea 4
11:45 – Shop Idea 5
14:02 – Shop Idea 6
15:39 – Shop Idea 7
17:10 – Bonus #2
In 2024, Etsy offers a diverse landscape of side hustles that can be started and scaled to make a substantial income. Let’s explore seven of the best Etsy shop ideas for the year 2024.

1. Selling Digital Papers and Graphics:

One unique Etsy shop idea is selling digital papers and graphics. This niche involves creating textures and clip art graphics that can be used for various arts and crafts projects. Despite being a relatively new shop, with only four months since its opening, this shop has already achieved over 4,700 sales, resulting in revenues of around $119,000. The beauty of this business is its low overhead costs, making it a profitable venture with a potentially high return on investment.

Key Term: Digital Papers and Graphics – Textures and clip art graphics that are sold as digital downloads for use in arts and crafts projects.

2. Selling Apparel using Print on Demand:

The apparel category on Etsy is a popular choice for sellers due to its high demand. By utilizing a print on demand business model, where products are created and shipped by a third-party supplier, sellers can focus on designing and marketing their apparel without the need for inventory management. This low-cost, low-risk approach has allowed new sellers to achieve significant success, with some making over $5,000 in profit per month within their first few months of operation.

Key Term: Print on Demand – A business model where products are manufactured and fulfilled by a third-party supplier, eliminating the need for inventory management.

3. Selling Stickers, both physical and digital:

Stickers have emerged as a profitable product category on Etsy, with sellers offering both physical and digital sticker packs. These fun and simple products have a broad appeal, making them popular among customers. With some sellers achieving over 21,000 sales within a short period, stickers represent a lucrative side hustle idea with the potential for passive income.

Key Term: Stickers – Decorative labels or designs that can be attached to various surfaces.

4. Selling Budgeting and Financial Planning Spreadsheets:

Another niche market on Etsy is the sale of budgeting and financial planning spreadsheets. These customizable tools have proven to be in high demand, with some sellers generating significant revenues exceeding $120,000 per year. The key to success in this niche lies in creating valuable and user-friendly products that address specific customer needs.

Key Term: Spreadsheets – Digital documents used for organizing and managing data, often used for budgeting and financial planning.

5. Selling Personalized Portraits:

Selling personalized portraits, especially of family members and pets, has become a lucrative business on Etsy. By leveraging artificial intelligence tools to generate unique designs, sellers can create custom artwork that resonates with customers. While this side hustle requires some artistic and design skills, the potential for high returns makes it a compelling option for creative individuals.

Key Term: Personalized Portraits – Custom artwork created based on customer specifications, often using AI tools for design generation.

6. Selling Planners for Specific Needs:

Customized planners tailored to specific needs, such as mid-year planning or ADHD management, have gained popularity on Etsy. By targeting niche markets with specialized planners, sellers can attract a dedicated customer base and drive sales. With some sellers achieving over 2,500 sales per month, selling planners represents a profitable side hustle idea with room for growth and expansion.

Key Term: Planners – Organizational tools used for scheduling, goal setting, and task management.

7. Selling Custom Products:

Lastly, selling custom products, such as personalized items with customer-supplied designs or logos, offers a versatile and profitable business opportunity on Etsy. Custom products can range from apparel to home decor items, allowing sellers to cater to a wide range of customer preferences. With no startup costs involved, this side hustle is accessible to beginners looking to enter the e-commerce market.

Key Term: Custom Products – Products created with personalized designs or specifications provided by the customer.

In conclusion, Etsy provides a wealth of opportunities for aspiring entrepreneurs to start and grow successful side hustles in 2024. By tapping into niche markets, offering unique and personalized products, and leveraging technology and automation tools, sellers can establish profitable online businesses on the popular e-commerce platform. Whether you’re interested in digital downloads, apparel, or customized items, there’s a side hustle idea on Etsy to suit your interests and skills. With dedication and creativity, you can turn your Etsy shop into a thriving business that generates significant income and financial independence. Start your Etsy side hustle today and unlock your potential for success!

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