CREATING AN ETSY ACCOUNT IN VIETNAM IN 2024 – OPPORTUNITIES AND CHALLENGES?

**Question: Is creating an Etsy account difficult?**Answer: Creating an Etsy account is not difficult at all. You just need to prepare

• 1 photo of your citizen ID card or driver’s license
• 1 bank account number
• 1 Visa/Mastercard for international payments
• 1 set of “handmade” listing photos for your initial upload

Then you can start creating your account! **Question: Does creating an Etsy account cost money?**Answer: Yes, you will randomly be charged one of three fees: $15, $19, or $29. This account setup fee comes down to luck, so if you only want to pay $15, you have to keep creating accounts until Etsy quotes you $15, and only then proceed. **Question: Can Etsy accounts from Vietnam stay active?**Answer: Yes, but not every account will stay active. NEW accounts can be suspended at any time, but you can appeal to have them reinstated. Accounts that have been suspended at least once after making 1 sale have a higher chance of staying active. **Question: What is the success rate for appealing suspended Etsy accounts from Vietnam?**Answer: In my personal experience,

• Accounts with 0 sales have a 95% reinstatement rate on appeal
• Accounts with 1-10 sales have a 75% reinstatement rate on appeal
• Accounts that get logged out have a 50% reinstatement rate on appeal

 **Question: How long does it take to become profitable on Etsy?**Answer: If you are completely new, it will probably take 4-6 months if you focus on product research. What you need to invest is effort, not a lot of money. **Question: Is it still worth joining Etsy now?**Answer: Yes. Although it is a little late, better late than never. Christmas, the best-selling time of the year, is coming soon. **Question: Does money from Etsy sales go straight to your bank account?**Answer: NEW Etsy accounts from Vietnam will have their funds held in their Etsy accounts for around 2 weeks. Only after tracking has been added and the shipment is in transit will the money be paid into your bank account. If you run ads or publish lots of listings, the payout will be delayed even further. This is also a risk for individuals selling on Etsy with new accounts. If your account gets suspended while you are selling, Etsy will email your customers so they can open a case for a 100% refund. In this situation, the seller takes the loss even if the account is successfully reinstated on appeal. 1. https://merchbridge.com/****A SYSTEM FOR SYNCING ORDERS ACROSS MULTIPLE ETSY ACCOUNTS
This tool lets you sync all orders from multiple Etsy accounts to a single central hub. You can then send orders for printing to available suppliers such as Merchize, Printway, Printify, Customcat…. When tracking becomes available, it is automatically updated back on Etsy.What is great about this system is that it does not require deep access to your accounts; instead, it uses an extension to export and import orders into the system. It does not affect your accounts or put them at risk.This reduces the need for multiple employees to log directly into Etsy accounts, avoiding unnecessary risks.
It can actually also sync orders from many other platforms, such as Amz, Ebay, Shopify, Woo… but I do not use it for those.2. https://personalbridge.com/****AN APP FOR QUICKLY CREATING PERSONALIZED PRODUCTS
This is a fantastic tool that lets you quickly create custom orders using clipart you already have. Imagine you have a custom ornament listing with 20 hairstyles, 20 shirts, and 20 pairs of pants. And you have 1000 orders/day. Just 1 person can handle all 1000 of those custom orders.
It can also be used to create mockups in bulk.If you specialize in selling personalized products on Etsy, this is a real lifesaver that cuts your work processing time by 70%-80%.3. https://loginbridges.com/****AN APP FOR REGISTERING MULTIPLE ETSY ACCOUNTS
This is a tool anyone running multiple accounts uses. The app is currently still undergoing acceptance testing, so you can use it to register different Etsy accounts without worrying about being detected as the same person on the same computer. Do not use it to log into your main account yet!The sales season is coming. Upgrading your team’s setup will help boost efficiency, make scaling easier, and improve security. Wishing everyone a bumper sales season! HOW TO VERIFY YOUR BANK ACCOUNT AFTER YOUR FIRST ORDER When your shop receives its first order, Etsy will verify the bank account number you originally registered. Later, when you earn revenue, the money will be transferred to the account number you have verified. A few things to note:

• You can edit and change the bank account number.
• You do not have to verify it immediately after your first order. You can build up the account until it is more secure, then change it to the correct bank account number and verify it.

To verify it, follow these steps:Step 1: Go to Finances -> Payment account. Select “Get started“Step 2: Select “Get started” againStep 3: Click “Save and start bank verification” if the information you entered when registering your account is correct. If the information is wrong, you can click Edit to correct it.After clicking, you will see the message “We sent a small deposit to the bank account you added! Verify it here in 2-3 days”.Etsy will then send you a small amount of less than VND 1000. How quickly it arrives depends on when Etsy sends it. If you verify on a weekday, Monday -> Friday, before 5 p.m., the test deposit will arrive that same evening. On weekends, the money will arrive the following week. Note that some banks do not send SMS notifications for small amounts, so you need to open your banking app to check whether any money has arrived from Etsy.The amount deposited is the amount you need to enter on Etsy. In the image, it is “514“.Step 4: After receiving the money from Etsy, return to your Dashboard and click **“Verify account”**Step 5: A panel will open on the screen. Enter the amount you received from Etsy. As shown in the image, I entered 514. Then click “Verify account“Once you have finished, if you see the message “Your bank account was verified! You’re all set to get paid.”, you are done.

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