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    Innovation through Improvement: How Successful Companies Don’t Invent Products from Stratch

    enSeptember 11, 2023
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    About this Episode

    In this episode of the Etsy Seller Podcast, host Cody McGuffie presents a thought-provoking concept that challenges the traditional notion of inventing products from scratch. 


    He argues that successful businesses rarely create entirely new products, but instead focus on improving existing ones. 


    Drawing examples from renowned companies like McDonald's and Coca-Cola, Cody explains how these industry giants revolutionized their respective markets by recognizing customer demand and finding innovative ways to enhance their products.


     Listeners are encouraged to apply this concept to their own entrepreneurial journey, particularly in their Etsy businesses, by identifying successful products and brainstorming ways to improve them. Cody emphasizes the importance of understanding customers' pain points and finding creative solutions to address them, rather than reinventing the product itself.


    By embracing the power of improvement, listeners can unlock the potential to build a thriving and globally successful business.


    The Etsy Seller Podcast is hosted by Cody McGuffie, CEO and founder of EverBee. In each weekly episode of this podcast, you’ll hear from experienced Etsy Sellers on how they run their Etsy business, how they got their first sales on Etsy, how they market their Etsy shops and so much more.


    EverBee is an Etsy product analytics tool that helps Etsy sellers find best-selling products and keywords so they can sell more on Etsy. It helps Etsy sellers speed up product research and product discovery so they can get their first Etsy sales and grow their business.


    Sign up for EverBee for free at the link - https://everbee.io


    Timestamps with key takeaways:


    (01:27) Taking existing ideas and improving.


    (03:08) Fast food revolutionizing the industry.


    (06:19) Improving existing products globally.


    Entities mentioned:


    ecommerce, Etsy seller, online business, successful companies, invent products, customer demand, proven sales, improve, market, fast food industry, McDonald's, hamburger, milkshakes, fast food chains, streamline operations, consistent quality, fast food assembly line, Coca-Cola, soft drinks, taste, branding, packaging, marketing strategies, global brands, soda industry, existing products, product research, data, improve images, improve price, improve quality, improve shipping time, improve processing time, bundle products, potential customers, pain points, innovation, power of improvement, globally successful Etsy business, niche, industry


    Recent Episodes from The Etsy Seller Podcast

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    Where to find Ronnie

    YT: https://www.youtube.com/@RonnieMcKenzie

    Coaching Program: https://www.podhacks.co
    Free 7 Step Etsy Checklist for Setting Up Your Store & Optimizing Listings - https://www.storehacks.com/free-etsy-checklist
    Insta https://www.instagram.com/theronniemckenzie/ 
    TikTok https://www.tiktok.com/@ronniemckenzie


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    EVERBEE BLOG: https://everbee.io/etsy-seller-blog/ 

    EVERBEE YOUTUBE CHANNEL: https://www.youtube.com/@helloeverbee 

    EVERBEE TIKTOK: tiktok.com/@everbee.io?lang=en
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    Where to find Craig Alexander

    Workshop: https://www.craigalexanderacademy.com/japan-workshop-23-march-2024-craig-4 

    Instagram: https://www.instagram.com/craigalexanderphotography/ 

    YouTube: https://www.youtube.com/@craigalexanderphotography4753 

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    EVERBEE WEBSITE: https://everbee.io/ 

    EVERBEE BLOG: https://everbee.io/etsy-seller-blog/ 

    EVERBEE YOUTUBE CHANNEL: https://www.youtube.com/@helloeverbee 

    EVERBEE TIKTOK: tiktok.com/@everbee.io?lang=en

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    Terry’s Youtube Channel: https://youtube.com/@cha-ching.?si=hrxwPA1u-pWIYGgh

    Timestamps with key takeaways:

    (01:46) Terry's 10-year Etsy journey.

    (08:02) Balancing entrepreneurship and family life.

    (25:28) Email importance for branding.

    (27:04) Building valuable business assets.

    (34:10) Shifting focus to print on demand.

    (39:32) Research and improving listings.

    Entities mentioned:

    Etsy seller, veteran Etsy seller, selling on Etsy, six figures, online success, email marketing, Everbee, e-commerce, winning products, SEO optimization, growing business, research, relevant products, demand, mental stress, quitting job, pitfalls, decision making, podcast episode, Cody McGuffey, Terry Marsh, tutus, serial entrepreneur, single mom, work from home, financial stability, quitting job, revenue, profit, business bank account, Etsy customers, email list, branding, website, flexibility, scalability, print on demand, research, Everbee email, asset, exit plan, long-term goals, YouTube channel, research, branding, email marketing, customer relationship, sales channel, website traffic, customer ownership, value, research, Etsy algorithm, rinse and repeat, foundational principles, research, research, research, accuracy, reliable information, print on demand, accuracy.


    Harnessing Email for More Reviews, Repeat Sales, and $3,300 Extra Revenue

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    Sign up for EverBee for free at the link - https://everbee.io
    Link for the LIVE webinar here: https://www.youtube.com/watch?v=lUQw2O7KDjo

    Scott and Chris were invited to share their case study on how they generated over $3,300 in extra revenue to their Etsy shop in just 30 days using email marketing. Scott and Chris have been beta testers for Everbe Email, a new tool specifically built for Etsy sellers. They believe in the power of email marketing and its ability to drive more traffic and sales to an online business. They have over 20 years of experience in online and offline business and have found that having an email list is critical to the success of a business. They are passionate about helping Etsy sellers harness the power of email marketing to grow their businesses and make a positive impact in their communities.


    Timestamps with key takeaways:

    (02:03) Using email to generate revenue.

    (11:57) Email marketing case study.

    (14:56) Boosting Etsy sales with email.

    (27:10) Building an email list.

    (36:00) Building customer relationships.

    (53:35) Email marketing success.

    Entities mentioned:

    ecommerce, email, Etsy, revenue, value, case study, beta tester, automates, reviews, repeat customers, relationship, training, capture, list building, generate revenue, accessibility, positive impact, business platform, winning products, Everby email, traffic, sales, competition, email list, integration, permission, policies, compliance, traffic source, competition, traffic channels, direct traffic, search results, optimization, flywheel effect, email marketing, traffic, sales, email dead, proof, email usage, email examples, Oberlo, Bulletproof, Avaton, profit push sequence, profit push promo, giveaway, email subscribers, terms of service, connection, no like and trust, confirmation email, shipping notification, delivery notification, review request.

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    Youtube: https://www.youtube.com/@moneywithmak

    Instagram: @moneywithmak

    Timestamps with key takeaways:

    (00:17) Amazing Etsy success story.

    (09:25) Marketplace advantages and disadvantages.

    (16:11) Mental health and niche marketing.

    (26:20) Pinterest as a marketing tool.

    (30:50) Using Canva for beginners.

    Entities mentioned:

    Etsy seller podcast, inspiring story, bartender, 2020, make money online,source products, wholesale products, Print On Demand, inventory, bartender,Shopify, dropshipping, Etsy, e-commerce marketplace, website,SEO, marketplace, e-commerce, Etsy, Amazon,print-on-demand, inventory, Canva membership, designs, Etsy, clicks, YouTube, traffic, niche, shop, friends, purchase, dropshipping, long time, shirt, boost, sales, design, cha-ching noise, motivation, obsessed, Pinterest, pins, link, listings, grow, story,Pinterest, niche, physical products, print on demand, mental health,switch, trademarks, Etsy, niches, target audience,sales, Etsy, item, listing, traction,designs, color scheme, YouTube, sales, profit margins,mockups, target audience, extensions, online shopping, viral pin,Etsy, sales, feedback, review, Pinterest,Canva, Creative Fabrica, mock-ups, designs, fonts,print on demand, product, market, research, e-commerce,important, intention, keep at it, compare, inspiration

    From Chaos to Calm: How One Mom Found Balance and Success on Etsy

    From Chaos to Calm: How One Mom Found Balance and Success on Etsy

    Join host Cody McGuffie in this episode of the Etsy Seller Podcast as he sits down with Tamara Hall for a follow-up discussion on her Etsy journey. Tamara, a full-time mom and former designer, shares her experience of creating multiple passive income streams through her Etsy shop. Despite initially putting in more time and effort, Tamara has managed to streamline her business to just one hour a week while still earning a consistent income of thousands of dollars per month. She reveals the key to her success, including how she identified her best-selling product and the strategies she used to stand out in a competitive market. This episode is packed with valuable insights and inspiration for aspiring Etsy sellers.

    The Etsy Seller Podcast is hosted by Cody McGuffie, CEO and founder of EverBee. In each weekly episode of this podcast, you’ll hear from experienced Etsy Sellers on how they run their Etsy business, how they got their first sales on Etsy, how they market their Etsy shops and so much more.

    EverBee is a Etsy product analytics tool that helps Etsy sellers find best selling products and keywords so they can sell more on Etsy. It helps Etsy sellers speed up product research and product discovery so they can get their first Etsy sales and grow their business.

    Sign up for EverBee for free at the link - https://everbee.io

    Tamara Hall is a successful Etsy seller and entrepreneur who has found a way to balance being a full-time mom with running a thriving Etsy business. With a background in design, Tamara started her journey on Etsy by creating and selling digital products. She quickly discovered the power of passive income and the potential for success on the platform. Inspired by her own success, Tamara is now creating a course called Etsy Maven, where she shares her knowledge and strategies for selling digital products on Etsy. Her goal is to help other moms and entrepreneurs find financial freedom and flexibility through passive income streams. Tamara's story is a testament to the possibilities of Etsy and the power of creating multiple income streams.

    Tamara's Socials: 

    IG: https://www.instagram.com/galaxybombstudio/

    Website: https://www.galaxybomb.com/?fbclid=IwAR0Hzbj7Z-FBNJ64BJCI_ICVLxbuZC4Ark4drvYp2890vs2bR41HEW2l-O4


    Timestamps with key takeaways:

    (03:39) Passive income streams on Etsy.

    (19:44) Building an irresistible offer.

    (23:39) Niche down for success.

    (35:42) Selling simple digital download templates.

    (38:11) Unreal digital product ideas.


    Entities mentioned:

    Etsy Seller Podcast, Etsy shop, passive income streams, full-time mom, designing great products, creating passive income, multiple listings, bestseller, updates in her Etsy shop, strategy, Etsy business, one hour a week, Everbee, SE business platform, grow your business, product research, profits, trademarks, listing rank, email automations, print on demand solution, course, digital products, ins and outs, design and sell digital products on Etsy, SEO, product listings, target market, niche, competition, bonus, high profit margins, price point, moms, sense of identity, purpose, business owner, design studio, stress, creative outlet, adding value, enjoyment, designer pack, bundle, digital file, non-designer, business aspect, marketing, positioning, Etsy ads

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    $100,000 First Year: Finding Financial Freedom through Ecommerce Success

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    The Etsy Seller Podcast is hosted by Cody McGuffie, CEO and founder of EverBee. In each weekly episode of this podcast, you’ll hear from experienced Etsy Sellers on how they run their Etsy business, how they got their first sales on Etsy, how they market their Etsy shops and so much more.

    EverBee is an Etsy product analytics tool that helps Etsy sellers find best selling products and keywords so they can sell more on Etsy. It helps Etsy sellers speed up product research and product discovery so they can get their first Etsy sales and grow their business.

    Sign up for EverBee for free at the link - https://everbee.io

    Christina's socials:

    Course - https://webinars.cuonline.ca/webinar/how-to-build-a-pod-business-6002

    YouTube - https://www.youtube.com/@c.u.online


    Christina is an inspiring entrepreneur who has transformed her life through the power of e-commerce. Just two years ago, she was working a full-time job and dreaming of a life of travel and freedom. With a passion for drawing and a love for cats, Christina started selling pet portraits on Etsy. This was the beginning of her journey into the world of e-commerce.

    As she continued to explore different avenues, Christina discovered the potential of print-on-demand products. She found a way to combine her artistic talents with the convenience of print-on-demand services, creating customized products that resonated with customers. This led her to open her own print-on-demand store on Etsy, which quickly became a success.

    With a focus on evergreen niches and a dedication to creating high-quality designs, Christina's Etsy store saw exponential growth. In just a year, she achieved nearly $100,000 in profit, surpassing her previous income from her full-time job. This success has allowed her to quit her job, travel the world, and live life on her own terms.

    Christina's journey is a testament to the power of perseverance and the belief in oneself. She has not only built a successful e-commerce business but has also become a mentor and teacher, sharing her knowledge and experiences with others through her YouTube channel and TikTok. Christina's story is an inspiration to anyone looking to break free from the traditional nine-to-five and create a life of freedom and fulfillment through entrepreneurship.


    Timestamps with key takeaways:

    (00:27) Traveling the world and Etsy success.

    (11:52) Trading time for dream life.


    (21:12) Stability vs. controlling our own destiny.

    (26:57) Evergreen niches and sustainability.

    (32:09) Duplicating and testing different designs.


    Entities mentioned:

    Etsy Seller Podcast, Etsy journey, Full-time job, Travel the world, Bali, Location freedom, Financial freedom, Time freedom, Online income, E-commerce, Dream life, Vision board, Reality, Mindset, Hurdles, Identity shifts, Inspiring episode, Everbee, Making commerce accessible, Positive impact, Etsy business platform, Product research, Keywords, SEO, Trademarks, Listing ranking, Everbee email, Print on demand, Podcast episode, Cody McGuffey, Christina, Inspiring journey, Quitting job, Traveling, Financial success, Print-on-demand store, Profit, Revenue, Evergreen niches, Q4 rush, Sustainable income, Passion, Validation, Design research, A/B testing, Sales conversion rate, Etsy ads, Trend-chasing.

    Ecommerce Powered by Print on Demand: Making $85,000 and Replacing Your Job

    Ecommerce Powered by Print on Demand: Making $85,000 and Replacing Your Job

    This episode we interview Taylor, a successful Etsy seller who has achieved remarkable growth in just 12 months. Taylor shares her inspiring journey of starting her Etsy shop as a side gig while working a full-time job, and how she has built it from zero to $85,000 in revenue. 

    She reveals that her success is primarily due to her use of print on demand, and she provides valuable insights into tactics such as research, SEO, and mindset. This conversation is filled with practical tips and advice for anyone looking to start or grow their own Etsy business.

    The Etsy Seller Podcast is hosted by Cody McGuffie, CEO and founder of EverBee. In each weekly episode of this podcast, you’ll hear from experienced Etsy Sellers on how they run their Etsy business, how they got their first sales on Etsy, how they market their Etsy shops and so much more.

    EverBee is a Etsy product analytics tool that helps Etsy sellers find best selling products and keywords so they can sell more on Etsy. It helps Etsy sellers speed up product research and product discovery so they can get their first Etsy sales and grow their business.

    Sign up for EverBee for free at the link - https://everbee.io

    Guest Bio

    Taylor is an inspiring entrepreneur who started her Etsy shop just 12 months ago and has already achieved incredible success. While working a full-time job, she managed to build her shop from zero to $85,000 in revenue. Taylor's journey began when she stumbled upon a TikTok video about print on demand and decided to give it a try. Armed with an iPad and a determination to succeed, she dove headfirst into the world of Etsy and print on demand. 

    Taylor's passion for entrepreneurship and her positive mindset have been key factors in her success. She believes in setting ambitious goals and has a strong belief in her ability to achieve them. Taylor's mindset has propelled her forward, allowing her to double her income and continue to grow her business. 

    In addition to running her successful Etsy shop, Taylor also shares her knowledge and experiences through her YouTube channel and coaching sessions. She is dedicated to helping others discover the potential of e-commerce and empowering them to pursue their own entrepreneurial dreams. Taylor's mini courses, such as POD Kickstart and SEO Kickstart, provide valuable insights and guidance for aspiring Etsy sellers. 

    With her creativity, determination, and passion for helping others, Taylor is a true inspiration in the world of e-commerce. She proves that with the right mindset and a willingness to take action, anyone can achieve their goals and create a successful business.

    YT: https://youtube.com/@TaylorPOD?si=tUh81XvZLQo829Zd

    Coaching: https://www.taylorpod.com/Work-with-me

    IG: https://www.instagram.com/taylorpod_/


    Timestamps with key takeaways:

    (08:43) Print on demand process.

    (10:21) Using Canva for design.

    (26:54) SEO kickstart.

    (33:09) Setting ambitious goals

    (46:40) Recommended books to read.


    Entities mentioned:

    Etsy seller, Print on demand, Revenue, Full-time job, Side gig, Research, SEO, Mindset, Everbee, E-commerce, Business platform, Profit margin, Niche, Product, Listings, Design, Creativity, Affirmations, Goals, Consulting, Cosmetologist, Business consulting, Glass half full, Positive mindset, 10x mindset


    Etsy Marketing Mastery: How to Stand Out and Thrive in a Competitive Marketplace

    Etsy Marketing Mastery: How to Stand Out and Thrive in a Competitive Marketplace

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    She highlights the importance of understanding the psychology of Etsy shoppers and how sellers can differentiate themselves from the competition. Monica provides valuable insights into optimizing product images, crafting compelling listing descriptions, and leveraging customer reviews to drive conversions and business success.

     Whether you're a new or experienced Etsy seller, this episode offers actionable strategies to help you effectively market your products and stand out in the Etsy marketplace.

    The Etsy Seller Podcast is hosted by Cody McGuffie, CEO and founder of EverBee. In each weekly episode of this podcast, you’ll hear from experienced Etsy Sellers on how they run their Etsy business, how they got their first sales on Etsy, how they market their Etsy shops and so much more.

    EverBee is a Etsy product analytics tool that helps Etsy sellers find best selling products and keywords so they can sell more on Etsy. It helps Etsy sellers speed up product research and product discovery so they can get their first Etsy sales and grow their business.

    Sign up for EverBee for free at the link - https://everbee.io


    Guest Bio

    Monica Little is a business coach and former small business owner who started her journey on Etsy. With a background in marketing and a passion for organic skincare, Monica grew her own small business, Plant Based Beauty, to multiple six figures. She discovered the power of effective marketing on Etsy and now helps other small business owners succeed on the platform. Monica's expertise lies in understanding the psychology of Etsy shoppers and teaching sellers how to separate themselves from the competition through strategic product images, listing descriptions, and customer reviews. She believes in the importance of making e-commerce accessible to everyone and using it to make a positive impact on families and communities. Monica shares her knowledge and insights on her podcast, The Product Is, and can be found on Instagram at @MonicaLittleCoaching.

    Course: ​​https://www.monicalittlecoaching.com/


    Timestamps with key takeaways:

    (2:11) The psychology of an Etsy shopper.

    (12:26) Shopping habits on Etsy.

    (24:11) Psychology behind product photos.

    (26:57) Social proof in product photos.

    (31:35) Finding What Lights You Up.

    Entities mentioned:

    ecommerce, Etsy, seller, podcast, marketing, competition, product images, listing description, conversions, views, business success, Everbee, business platform, accessibility, positive impact, families, communities, small business owner, corporate job, passion, organic skincare, health and wellness, cancer, trial and error, struggle, marketing background, Expedia, customer loyalty, website, pricing, value, trust, shipping, free shipping, customer experience, user experience, credibility, reviews, social proof, value ladder, differentiation, print-on-demand, product selection, proof of concept, data analysis, creativity, action, Instagram, podcast, dreams, goals

    Finding Inspiration by Modeling Success: A strategy to build online businesses

    Finding Inspiration by Modeling Success: A strategy to build online businesses

    In this episode of the Etsy Seller Podcast, host Cody McGuffie explores the concept of modeling success. He emphasizes the importance of paying attention to successful businesses and individuals in order to learn from their actions and achievements. 

    Cody highlights how successful Etsy shops draw inspiration from other shops in the marketplace to create unique and improved products. He provides examples of well-known companies like Coke and Pepsi, as well as McDonald's and Burger King, who have modeled after each other to compete for customers. Cody emphasizes the importance of not blindly copying others but rather taking ideas and improving upon them to create a better product. 

    He encourages Etsy sellers to conduct thorough market research, analyze trends, and infuse their own creativity and unique style into their offerings. This value-packed episode provides valuable insights for Etsy sellers looking to grow and succeed in their businesses.

    The Etsy Seller Podcast is hosted by Cody McGuffie, CEO and founder of EverBee. In each weekly episode of this podcast, you’ll hear from experienced Etsy Sellers on how they run their Etsy business, how they got their first sales on Etsy, how they market their Etsy shops and so much more.

    EverBee is a Etsy product analytics tool that helps Etsy sellers find best selling products and keywords so they can sell more on Etsy. It helps Etsy sellers speed up product research and product discovery so they can get their first Etsy sales and grow their business.

    Sign up for EverBee for free at the link - https://everbee.io


    Timestamps with key takeaways:

    (01:14) Modeling success.

    (05:36) Identifying popular Etsy products

    (06:56) Successful Etsy shop strategies


    Entities mentioned:

    ecommerce, Etsy Seller Podcast, Etsy business, successful businesses, successful people, modeling success, market demand, trending items, colors, fonts, styles, successful Etsy shops, market research, customer preferences, competitor strategies, intellectual property, unique style, product offerings.


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