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The $100 MBA Show

MBA533 Q&A Weekends: I closed my website store and kept my Etsy store open due to the volume of orders. Did I make a mistake?

The $100 MBA Show

Omar Zenhom

Careers, Entrepreneurship, Business, Marketing

4.91.2K Ratings

🗓️ 14 February 2016

⏱️ 14 minutes

🧾️ Download transcript

Summary

Juggling two stores at a time is not easy. In some ways today's question is a good problem to have, but it's still a problem. Our listener- ThirteenThieves, chose to keep the Etsy store open to continue their business and closed their own website store because of the volume of orders they were getting. Was that a mistake? Let's help ThirteenThieves get the answer they need on today's episode! Click play!

Transcript

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0:00.0

Heyo! Welcome to the $100 MEA show and today is a Q&A weekend's episode where we answer your question right here on the show.

0:17.5

If you have a question you want to ask just email us at support at business republic.net we love getting new questions to answer on

0:25.8

Q and a weekends as always I'm your host to your coach your teacher Omar

0:30.0

is in home I'm also the co-founder of the $100 MBA, a complete business training and community online.

0:37.4

And today's question comes from 13 thieves.

0:41.0

This question comes via Twitter.

0:43.0

And the question is, I closed my website store and kept my Etsy store open due to the volume

0:49.6

of orders I was getting.

0:51.6

Did I make a mistake by closing my own store? Interesting question

0:56.0

I'm going to give you my take on it. Before I take a deep dive in today's

1:00.1

question I just want to clarify for those who don't know what

1:03.1

Etsy is. Etsy is a peer-to-peer e-commerce website and they mainly focus on

1:08.6

hand-crafted or vintage items as well as some unique pieces that people make.

1:13.8

They were founded in 2005, so they've been around for some time, but they really started

1:18.9

to gain traction in the last few years.

1:21.4

So the question is asking, you know, I've built a Etsy store. I'm getting a lot of

1:26.3

orders, but I also have my own e-commerce store on my own website. They're wondering

1:30.9

if they made a mistake by closing their own store so they can handle the volume of their orders

1:36.3

It's a good problem. I have but it is a problem and we're going to need to

1:40.7

address it in today's episode. I can't wait to get into it so let's get down

1:44.4

of business.

1:47.0

Today's episode of the $100 MBA show is sponsored by Earth Class Mail.

...

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