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How Veresk’s Etsy Shop Earned $24K Selling Affordable Art

6/10/2024
Anastasia
Veresk
www.etsy.com/shop/Veresk
Chelyabinsk, RussiaFounded 2019
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Monthly Revenue
$2,000
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Founders
Anastasia
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Employees
1
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Business Description

Veresk is an Etsy storefront founded by Anastasia in Chelyabinsk, Russia, offering hand-painted art pieces and custom commissions at accessible price points for home decorators and gift buyers around the world.
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Executive Summary

After losing her bank job in 2019, Anastasia from Chelyabinsk turned to painting flowers for fun. Three months in, she made her first Etsy sale and realized there was demand for quality art at lower price points. By optimizing listings, experimenting with small-ticket items like magnets, using Etsy Ads sparingly, and driving free traffic from Pinterest, she grew her shop “Veresk” to $24,000 in official revenue. This case study walks through her tactics, financials, and lessons learned, giving aspiring artists a blueprint for building their own affordable art shop on Etsy.
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Case Study Content

Overview

In early 2019, Anastasia lost her position at a bank and needed an outlet to stay sane. She returned to her childhood love of painting, creating simple flower compositions without worrying about perfection. After painting dozens of works, she wondered if anyone would pay for them. That curiosity led her to set up an Etsy store named “Veresk.”

Initial Setup and First Sale

Anastasia signed up for Etsy, linked PayPal, and listed a single 50×60 cm flower painting at $100. Listing fees and shipping costs meant she actually lost money, but after three quiet months she heard the cha-ching that every seller loves. That $100 sale—despite a $10 materials deficit—proved demand existed.

Defining “Cheap Art”

Most professional art is priced out of reach for newcomers decorating their first home. Anastasia realized her target audience prized uniqueness over gallery prestige. She adjusted prices: small paintings at $165, larger at $900, always using quality canvas and oil. Sixty percent of buyers came from North America, where average wages made her prices feel fair.

Scaling Strategies

To boost visibility, she experimented:

  • ​Etsy Ads for two years, spending $315 on a $680 return.
  • ​Mini magnets priced at $25 that sold as party favors—14 magnets for a $350 wedding gift order.
  • ​Free Pinterest posts driving 49% of traffic, lifting visits by 50%.
Precise tags, titles and high-quality photos sealed the deal.

Financial Breakdown

From May 2019 to February 2022, Veresk logged 46,000 visits and 142 orders, generating $24,086 in Etsy-tracked revenue. In 2021 alone, $7,133 in sales after $1,063 in fees left a net of $6,070 before material expenses. Example costs: a medium canvas ($12.50), oils ($10), and shipping ($14.50).

Challenges and Closure

In February 2022, Etsy suspended Russian stores due to payment system changes. Although methods to reopen via proxies or foreign addresses exist, success is mixed. Anastasia plans a comeback with a new shop and will share her next chapter.

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Key Takeaways

  • 1Focusing on lower-priced yet high-quality art tapped into a large middle-income market
  • 2Offering small, affordable items like magnets boosted sales volume and improved search rank
  • 3Targeted Etsy Ads kick-started visibility, but organic tactics became more cost-effective
  • 4Driving free traffic from Pinterest accounted for nearly half of store visits
  • 5Optimizing listings with detailed photos, clear tags, and accurate descriptions was essential
  • 6Maintaining positive customer relations yielded repeat purchases and 141 five-star reviews
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Key Facts

Total Etsy Revenue
$24,086
Shop Visits
46,000
Etsy Ads Impressions
92,177
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Tools & Technologies Used

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How to Replicate This Success

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Founders Hut

Founders Hut is a leading online platform dedicated to sharing thousands of in-depth business case studies from successful companies around the globe. Since its launch, Founders Hut has empowered entrepreneurs, marketers, and corporate innovators with actionable insights drawn from real-world successes and failures.

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Disclaimer: Some data in these case studies may be inaccurate or out of date. In certain cases, AI-generated content is used.