Having a meaningful SKU system for your Etsy products do many things for your shop including...

🚀 Profit Tracking

🚀 Cost Tracking

🚀 Sales Tracking

🚀 Performance Analysis

SKUs are unique codes assigned to each product to distinguish them from one another.

You can create SKUs based on various attributes like size, color, style, etc., to streamline your inventory management process and track your product costs. Having SKUs allows you to identify your items outside of the Etsy title and image, which is an ineffective way to track your items.

Here are some tips for making SKU's for your shop

1. Understand Your Products: Begin by understanding the different types of products you offer. Each product variant (size, color, style) should have a unique SKU.

2. Create a Naming Convention: Develop a naming convention for your SKUs. This convention should be clear and consistent to avoid confusion. You can include elements such as product type, size, color, and any other relevant information.

3. Keep It Simple: While your SKUs should be descriptive, they should also be concise. Avoid overly complicated codes that are difficult to remember or understand.

4. Utilize Numbers and Letters: Combine letters and numbers in your SKUs to make them easy to read and manage. For example, you could use the first letter of each word in the product name followed by a unique number for each variant.

5. Document Your System: Keep a record of your SKU system, including the naming convention and any other relevant information. This documentation will help you and your team stay organized and consistent.

6. Monitor and Update: Regularly monitor your inventory and SKU system to ensure that it remains accurate and up-to-date. Make adjustments as needed to accommodate changes in your product offerings.

   
   

   By following these steps, you can set up a SKU system for your Etsy shop that helps you manage your inventory more efficiently and effectively.