tag:blogger.com,1999:blog-2949597557810701986.post7724849673664193060..comments2023-05-18T11:51:59.777-04:00Comments on fine heart's mindstream: Heartsy Exposure: Is It Worth It?finehearthttp://www.blogger.com/profile/05277384295983878029noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-2949597557810701986.post-19804228838757104942011-04-15T16:06:15.638-04:002011-04-15T16:06:15.638-04:00Your article is great! I'm happy to see that m...Your article is great! I'm happy to see that more people are starting to think about the math behind it. I wrote a similar article not too long ago: http://pepidesigns.blogspot.com/2011/03/doing-math-on-heartsy-deal.html<br /><br />The key thing is pricing and having a wholesale price and a retail price. Some sellers are already selling at their wholesale price (thinking that it's their retail price), so a huge Heartsy discount would not be good.<br /><br />I really want to hear from sellers who've already participated and how the numbers turned out.Pepi Designshttps://www.blogger.com/profile/04945697971088576100noreply@blogger.comtag:blogger.com,1999:blog-2949597557810701986.post-21915142307923410032011-04-14T17:59:51.043-04:002011-04-14T17:59:51.043-04:00Hi Gifted. I actually came from the very same idea...Hi Gifted. I actually came from the very same idea. If I sold my ooak stuff (goodness knows I have supplies coming out of my ears), so technically, I don't have to have a huge "recovery" amount. But since silver and gold are at an all time high and using them is what I do love about what I do, then I decided I didn't want to take a huge hit anywhere at all.finehearthttps://www.blogger.com/profile/05277384295983878029noreply@blogger.comtag:blogger.com,1999:blog-2949597557810701986.post-16894682032755166992011-04-14T08:55:05.638-04:002011-04-14T08:55:05.638-04:00Great article...:) Interesting to see just how sma...Great article...:) Interesting to see just how small that profit is compared to the loss. Would be interesting to do the math for different vouchers.<br /><br />I've been tempted to try this to see how OOAK, higher-priced pieces would do so I could have a different perspective. Because my items do not get replaced, the time after the deal would not be spent in remaking merchandise that sold...it would be my regular creation process of creating unique things...so that aspect of my business is different and I would probably end up using less of the money you included for supplies purchase in the end.<br /><br />That said, I also START with less inventory than the average Heartsy shop.<br /><br />I suppose that's why I think it would be an interesting experiment to do, but I am not sure I'm willing to lose money over it...I'll have to crunch the numbers seriously and we'll see.<br /><br />Oh and it depends on if Heartsy accepts other venues.Gifted Designshttps://www.blogger.com/profile/01972599105406385581noreply@blogger.comtag:blogger.com,1999:blog-2949597557810701986.post-37567496194849266272011-04-14T06:54:05.491-04:002011-04-14T06:54:05.491-04:00This is all great to know. My small profit margin ...This is all great to know. My small profit margin would make this very not worth it, I'd probably lost tons. Some things sound great until you see the numbers in black and white. Definitely appreciate the info.Melindahttps://www.blogger.com/profile/07287542957454202351noreply@blogger.comtag:blogger.com,1999:blog-2949597557810701986.post-53794693286304796022011-04-13T18:43:20.035-04:002011-04-13T18:43:20.035-04:00Hi Soapdeli. I agree. It is not as lucrative as so...Hi Soapdeli. I agree. It is not as lucrative as some shops promote it to be. I think that is why I finally had to write the numbers down for all to see. Unless shops have a huge profit margin on what they sell on Etsy (and you and I know that is NOT typical on E), then a shop would really have to look to clients to buy way over the voucher amount to compensate for their "losses". Thanks for sharing your experience candidly here.finehearthttps://www.blogger.com/profile/05277384295983878029noreply@blogger.comtag:blogger.com,1999:blog-2949597557810701986.post-28076186982910678572011-04-13T14:17:52.625-04:002011-04-13T14:17:52.625-04:00I tried heartsy and wasn't impressed. There we...I tried heartsy and wasn't impressed. There were too many b&b sellers before me and they ran my deal at the same time as another b&b seller offering a larger discount. Unless you can sell an astronomical number of vouchers AND have a product that people come back to buy again and again, it's just not worth it. Selling 50 vouchers at a loss really doesn't expand your customer base enough to compensate in my opinion and it devalues your product. I also found the people at heartsy pushy at asking for steeper discounts though I heard they may be changing this??Rebecca D. Dillonhttps://www.blogger.com/profile/01948745691496887662noreply@blogger.comtag:blogger.com,1999:blog-2949597557810701986.post-37695603379254001612011-04-13T11:29:04.685-04:002011-04-13T11:29:04.685-04:00Yeah, I am very visual so I did the numbers for my...Yeah, I am very visual so I did the numbers for my shop and then decided to do a "generic Etsy shop" version. I just hope people crunch the numbers before jumping in.finehearthttps://www.blogger.com/profile/05277384295983878029noreply@blogger.comtag:blogger.com,1999:blog-2949597557810701986.post-31671933283612232352011-04-13T07:45:20.226-04:002011-04-13T07:45:20.226-04:00Interesting numbers, always good to see it in blac...Interesting numbers, always good to see it in black and white. I don't think that Heartsy is something that would work for me right now! :)Melindahttps://www.blogger.com/profile/07287542957454202351noreply@blogger.com