4 ms·
I made my desk out of a thick walnut slab, and it turned out great. On the woodworking FB group, people said I could sell it easily on Etsy etc for over $2K. So
by greedo 4y ago
I made my desk out of a thick walnut slab, and it turned out great. On the woodworking FB group, people said I could sell it easily on Etsy etc for over $2K. So I looked into it. My COG was about $1k, and Etsy would take 20% of the $2K selling price, leaving me with $600 before shipping costs. Now this desk is large, weighs a lot and shipping would easily be $300-500 in the CONUS. I guess that's on the customer though. Hmm...
While noodling around with this idea I did some market research on Etsy and saw that others were selling similar desks for about $2K, with FREE shipping. I reached out to one of the sellers asking if this was real or a bait and switch. Apparently if you don't ship for free, Etsy actively discriminates against your post. So my end profit would have been between $100-$300 for a week or so of work.
Sometimes no matter how you slice it, physical goods don't make much sense. I'd have to charge at least 50% more to make it even worthwhile, and I doubt the market for $3K desks is that large.