1 00:00:02,280 --> 00:00:02,800 Hi guys. 2 00:00:02,800 --> 00:00:03,840 Welcome to this session. 3 00:00:03,840 --> 00:00:10,280 So in the previous sessions we saw how we can set up our Etsy business by linking it to a print on demand 4 00:00:10,280 --> 00:00:11,800 platform like Printify. 5 00:00:12,040 --> 00:00:14,200 And then we can sell our products from there. 6 00:00:14,200 --> 00:00:20,080 So now once you set up the Etsy business, it's also very much needed for us to make sure we're able 7 00:00:20,080 --> 00:00:22,000 to grow this on a regular basis. 8 00:00:22,200 --> 00:00:28,000 Okay, so for that, we can use certain external tools as well, which can give us some insights about 9 00:00:28,040 --> 00:00:30,400 what is majorly selling on Etsy. 10 00:00:30,440 --> 00:00:36,360 So we need to do this research on a regular basis to understand what is the most what people searches 11 00:00:36,360 --> 00:00:39,520 on Etsy or buys on Etsy specifically. 12 00:00:39,520 --> 00:00:46,440 So there are a lot of market research tools available, which you can get hand off and you can get access 13 00:00:46,440 --> 00:00:46,920 to that. 14 00:00:46,920 --> 00:00:49,440 And these tools can give you such insights. 15 00:00:49,440 --> 00:00:55,280 So from these tools, we will be able to know which are the top selling products or top shops on Etsy, 16 00:00:55,720 --> 00:00:58,320 which are working out and generating huge sales. 17 00:00:58,320 --> 00:01:04,410 So you get a lot of inspiration from there and based on those ideas which you get from these shops and 18 00:01:04,570 --> 00:01:10,330 top selling products, you generate similar images on Midjourney, and then you can put it up on your 19 00:01:10,330 --> 00:01:13,570 Etsy store to sell it as a t shirt once again. 20 00:01:13,970 --> 00:01:17,650 So let's have a look at this, guys, how we can start this research work. 21 00:01:17,890 --> 00:01:22,530 So for this market research we are going to make use of a tool which is Allura. 22 00:01:23,010 --> 00:01:29,690 Allura is an AI based tool which is basically a market research tool for Etsy wherein you can it gives 23 00:01:29,690 --> 00:01:39,890 us a lot of insights about what are the top selling shops on Etsy, the kind of searches happening on 24 00:01:39,890 --> 00:01:41,130 Etsy specifically. 25 00:01:41,370 --> 00:01:44,610 Okay, you can see all that insights and analytics in this tool. 26 00:01:44,650 --> 00:01:46,650 So they have a free and a paid version. 27 00:01:46,650 --> 00:01:49,930 So you get a lot of information in the free version as well. 28 00:01:49,930 --> 00:01:52,170 So I'll just show you how this looks like. 29 00:01:52,570 --> 00:01:54,850 So once you are on their dashboard. 30 00:01:54,850 --> 00:02:00,570 So this is the dashboard of Allura where we can come and we can come to the research part. 31 00:02:00,730 --> 00:02:03,450 And here you can look for products. 32 00:02:03,450 --> 00:02:05,770 So you want to see product specifically. 33 00:02:05,770 --> 00:02:12,170 So the tool will show you which are the top selling products right now and their analytics as well. 34 00:02:13,490 --> 00:02:20,370 So you can see this is the information it provides like this particular t shirt which is Donald Trump 35 00:02:20,410 --> 00:02:21,410 shooting t shirt. 36 00:02:21,410 --> 00:02:21,850 Okay. 37 00:02:22,210 --> 00:02:24,890 Uh which is being selling over here. 38 00:02:24,890 --> 00:02:26,050 Sales are here. 39 00:02:26,090 --> 00:02:27,490 So we can see the data over here. 40 00:02:27,490 --> 00:02:33,810 You can also go ahead and have a look at the t shirt and understand where it is on which store it is. 41 00:02:33,810 --> 00:02:37,210 So you can get that information also right out here. 42 00:02:39,490 --> 00:02:42,490 Specifically in this particular manner okay. 43 00:02:42,730 --> 00:02:50,970 So other than this a good idea or strategy to understand what sells more is by uh looking by shops as 44 00:02:50,970 --> 00:02:51,210 well. 45 00:02:51,210 --> 00:02:58,530 So if you do a research by shops over here, you will see all the top selling shops on Etsy, stores 46 00:02:58,570 --> 00:03:00,850 on Etsy, which are working out right now. 47 00:03:00,850 --> 00:03:04,980 So you will get a lot of insights about which category they are coming from. 48 00:03:05,220 --> 00:03:05,420 Okay. 49 00:03:05,460 --> 00:03:07,180 What kind of sales have they generated? 50 00:03:07,180 --> 00:03:08,940 What revenue have they generated? 51 00:03:09,140 --> 00:03:12,780 All that data is being shared with us over here. 52 00:03:13,380 --> 00:03:13,780 Okay. 53 00:03:13,860 --> 00:03:19,060 So you can see by sales, you can sort the data by sales as well and understand that information. 54 00:03:19,700 --> 00:03:20,060 Okay. 55 00:03:20,100 --> 00:03:25,140 So like for example you can see the first one bead board which has a rating of 4.85. 56 00:03:25,260 --> 00:03:25,460 Okay. 57 00:03:25,460 --> 00:03:27,180 They have these many sales okay. 58 00:03:27,220 --> 00:03:28,780 So if you see them specifically. 59 00:03:28,780 --> 00:03:32,180 So uh the tool gives us specific details. 60 00:03:32,220 --> 00:03:33,380 Number of sales. 61 00:03:34,220 --> 00:03:34,420 Okay. 62 00:03:34,460 --> 00:03:36,260 How much revenue have they generated. 63 00:03:36,420 --> 00:03:38,340 What has been their conversion rate. 64 00:03:38,540 --> 00:03:39,100 Okay. 65 00:03:39,140 --> 00:03:41,780 What was the monthly sales on an average okay. 66 00:03:41,820 --> 00:03:43,540 All that data is given to us. 67 00:03:43,540 --> 00:03:47,780 And then also it shows us which are the top selling products from their store. 68 00:03:48,220 --> 00:03:48,460 Okay. 69 00:03:48,500 --> 00:03:52,620 So this can give us a lot of idea to give us an idea that what is selling. 70 00:03:52,620 --> 00:03:58,220 So let's say uh, you can look at these products in this manner and then pick up these products. 71 00:03:58,220 --> 00:04:04,420 And possibly if this is something which is majorly going to sell, then you can go ahead and generate 72 00:04:04,420 --> 00:04:04,740 these. 73 00:04:04,740 --> 00:04:05,980 Also on Midjourney. 74 00:04:05,980 --> 00:04:08,340 This one specifically is related to jewelry. 75 00:04:08,340 --> 00:04:11,100 So something which we can't do on Midjourney. 76 00:04:11,140 --> 00:04:16,900 But I hope you get the idea that like this we can identify what are the top selling products. 77 00:04:17,260 --> 00:04:22,820 The other way of doing it as well is you can go to Etsy and on Etsy, whatever product. 78 00:04:22,820 --> 00:04:25,260 Let's say we are into selling t shirts business. 79 00:04:25,260 --> 00:04:29,220 So we look at all these and let's say we pick on a particular one. 80 00:04:29,220 --> 00:04:30,220 Let's say this one. 81 00:04:32,540 --> 00:04:34,060 And we can go to their store. 82 00:04:34,060 --> 00:04:36,500 So their store is what a dream apparel. 83 00:04:37,180 --> 00:04:38,220 So we are going there. 84 00:04:39,660 --> 00:04:43,460 So this is the store specifically where they're selling t shirts okay. 85 00:04:43,500 --> 00:04:48,100 And possibly you can see they have 12,000 plus sales right now okay. 86 00:04:48,140 --> 00:04:51,380 So what you can do is you can take their store's name. 87 00:04:53,740 --> 00:04:55,460 And search this on the tool. 88 00:04:55,820 --> 00:04:58,380 So you can go to the shops section. 89 00:04:59,180 --> 00:05:01,100 Or we can search over here itself. 90 00:05:06,710 --> 00:05:11,710 So now we can we are looking at the particular water dream apparel store analytics. 91 00:05:11,750 --> 00:05:11,950 Okay. 92 00:05:11,950 --> 00:05:13,950 So you can see now how many sales they have got. 93 00:05:14,030 --> 00:05:15,710 What revenue have they generated. 94 00:05:15,830 --> 00:05:17,950 Conversion rate all of that you can see. 95 00:05:17,950 --> 00:05:21,070 So now you can pick it up from the Etsy store as well. 96 00:05:21,070 --> 00:05:25,310 And now you know that this is something which is selling really well right. 97 00:05:25,430 --> 00:05:25,710 Okay. 98 00:05:25,750 --> 00:05:28,030 So they have got high revenue on this one. 99 00:05:28,030 --> 00:05:29,350 So let's have a look at this. 100 00:05:30,390 --> 00:05:35,470 So now you can see this is the kind of image which is being generated. 101 00:05:35,470 --> 00:05:42,470 So now you're getting the idea that this is something we can easily go ahead and uh put it on Midjourney 102 00:05:42,630 --> 00:05:44,310 and generate a similar one. 103 00:05:44,310 --> 00:05:46,710 We are not obviously copying the whole design. 104 00:05:46,750 --> 00:05:50,630 We're generating a similar one, which is actually working out really well. 105 00:05:50,790 --> 00:05:54,510 And this you can now list on your store. 106 00:05:55,030 --> 00:05:55,430 Okay. 107 00:05:55,470 --> 00:05:59,990 Once you generate a similar version you can generate, you can put it up on your store. 108 00:06:00,110 --> 00:06:03,190 And like this you can build a catalog of clothing. 109 00:06:03,630 --> 00:06:09,110 You can look for different stores which are working really well selling a lot of similar products. 110 00:06:09,310 --> 00:06:09,510 Okay. 111 00:06:09,550 --> 00:06:11,310 Make a list of all those products. 112 00:06:11,630 --> 00:06:12,110 Okay. 113 00:06:12,150 --> 00:06:19,070 Uh, and then go to the Midjourney tool, generate those designs, put it up on Printify specifically, 114 00:06:19,270 --> 00:06:21,310 and then you can put it up on your store. 115 00:06:21,350 --> 00:06:29,230 So that way you have all the top selling designs from different stores on Etsy coming up. 116 00:06:29,510 --> 00:06:32,150 Uh, pull as a collection in your store. 117 00:06:32,150 --> 00:06:33,630 You can list it and you sell. 118 00:06:34,190 --> 00:06:40,710 So this is also a really good way that you can keep on doing this research work to understand the best 119 00:06:40,710 --> 00:06:46,710 sellers and try to sell similar kind of products to maintain your e-commerce. 120 00:06:46,710 --> 00:06:49,510 Your t shirt print on demand Etsy business. 121 00:06:49,950 --> 00:06:50,910 I hope this makes sense. 122 00:06:50,910 --> 00:06:53,670 You understand the complete process, how we went about it. 123 00:06:53,910 --> 00:06:59,710 Thank you so much guys for listening in to this session and I will see you in the next video.