Part 4/8:
Learning Curve: A crucial component for success on platforms like Etsy includes mastering the platform's search engine optimization (SEO). With thousands of listings created daily, simply waiting for sales won't yield results without understanding how to optimize listings effectively.
High Competition: The market is oversaturated with similar products, making it challenging for new sellers to stand out. The fierce competition often leads to price wars, where sellers are compelled to lower their prices, thus eroding profit margins.