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My $2.1 Million Sales vs PROFIT breakdown on Etsy and Shopify (First 3 Years)

By EcomAbout1 min read
My $2.1 Million Sales vs PROFIT breakdown on Etsy and Shopify (First 3 Years)

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Etsy

Year 1
Sales: 9,321
Profit: ,746

Year 2
Sales: seed_expre=’My $2.1 Million Sales vs PROFIT breakdown on Etsy and Shopify (First 3 Years)’ temperature=’1′ top_p=’1′ model=’text-davinci-003′ presence_penalty=’0′ frequency_penalty=’0′ min_char=’500′ max_tokens=’2048′ max_tokens=’2048′ max_seed_tokens=’500′ max_continue_tokens=’500′ images=”2″ headings=”3″ videos=”on” static_content=”on”,118,181
Profit: 8,654

Year 3
Sales: seed_expre=’My $2.1 Million Sales vs PROFIT breakdown on Etsy and Shopify (First 3 Years)’ temperature=’1′ top_p=’1′ model=’text-davinci-003′ presence_penalty=’0′ frequency_penalty=’0′ min_char=’500′ max_tokens=’2048′ max_tokens=’2048′ max_seed_tokens=’500′ max_continue_tokens=’500′ images=”2″ headings=”3″ videos=”on” static_content=”on”,136,169
Profit: 0,154

Shopify

Year 1
Sales: 3,163
Profit: ,453

Year 2
Sales: 5,425
Profit: ,433

Year 3
Sales: seed_expre=’My $2.1 Million Sales vs PROFIT breakdown on Etsy and Shopify (First 3 Years)’ temperature=’1′ top_p=’1′ model=’text-davinci-003′ presence_penalty=’0′ frequency_penalty=’0′ min_char=’500′ max_tokens=’2048′ max_tokens=’2048′ max_seed_tokens=’500′ max_continue_tokens=’500′ images=”2″ headings=”3″ videos=”on” static_content=”on”,065,656
Profit: ,253Etsy

What is the average monthly profit from my .1 million sales on Etsy and Shopify?

The exact amount of monthly profit that you would make from .1 million in sales on Etsy and Shopify will depend on your business model, the margins you are operating on, and the cost of goods sold. However, you could use the industry benchmark of an 8% profit margin to estimate your monthly profit. At an 8% profit margin, .1 million in sales would equate to 8,000 of monthly profit.

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