A WOMAN has revealed how she’s made over £165,000 in just two years selling spreadsheets as a side hustle.
And the best part is that Emily McDermott insists that you don’t need to be a spreadsheet expert by any means to start.
Writing on Medium, she said: “You don't need to make anything complicated for people to buy it, trust me. People are searching for a done-for-them spreadsheet because they want to save time on something that would take them longer to do themselves.
“In under two years, I've made $210,000 (£165,000) on Etsy selling spreadsheet templates for Google Sheets and Excel.
“The growth in my income came when I went from selling $3 (£2.36) printables to $20 (£15.72) spreadsheets.”
Emily said that Etsy is full of digital downloadable products and spreadsheets tend to sell for higher than printable PDF templates.
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This is because it takes more time and skill to create a spreadsheet, and people will often pay extra for this.
She claimed the price for spreadsheets can range up to £30, but can also sell for as little as £3.15 depending on what it features.
But once you have created your product, it can tick away earning passive income for years to come.
But where to begin?
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Emily claimed that you need to first research what people are looking for online.
The key is to find a product that people are searching for, but there aren’t many sellers providing it yet.
She recommended using ERank as an affordable tool for searching for “keywords” and the level of “search volume and competition”.
She also uses it to see the top 100 listings for the keyword you are investigating.
Emily explained: “I like to sort these listings by the number of daily views, so I can see how much traffic the best-performing listings for this keyword are actually getting each and every day. This really helps to confirm the level of demand there is for this keyword.”
The Etsy seller then creates a number of variations of products around one keyword, which helps to see which sells best.
It also helps her shop to stand out when buyers are searching for the keyword on Etsy, as a single listing could get lost among the crowd.
Emily said it can help if you develop a niche for your products, such as wedding planning or bookkeeping, as it can help with repeat business.
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She said that she sent her customers a link to just her mailing list after they made a purchase, and a few months later she sent an email and made £628 that day.
Emily urged people to be brave when starting a business or side hustle, and added: “If I let my fear get in my way, I wouldn't have earned a 6-figure income.”
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