|Crafts & Hobbies Information|
Production and Pricing of Craft Show Items
This is where you can really make or break your craft show career. Being able to produce quality crafts as efficiently and affordably as possible is the key to making a tidy profit from craft shows.
How Production Evolves
How you handle production of your craft show items will evolve over time. Initially you may produce all your craft items alone. This will likely be the most cost effective way to start your craft show creations. As your business grows, you may decide it is best to find employees who can recreate your artistic flair - so you can build more products and increase your overall revenue.
Time and experience will help you streamline your production cycle for maximum efficiency. You'll learn as you go how long it takes to produce your craft show items, how long to allow for drying, setting or baking, what quantity of supplies you need for a certain amount of inventory and how much inventory you'll need for a one-day craft show. Basically, you are going to get better and smarter about how to build your craft show items - so you can maximize the profit!
Always have some form of quality control if you're working alone, such as a friend or family member checking your crafts for sturdiness, appearance, etc. If you make jewelry, have someone else try on a necklace to make sure the clasp works, it doesn't fall apart while putting it on and that you are pleased with the appearance. If you have put a frame around a small painting, ensure the frame's sturdiness, so your craft customer isn't disappointed when it falls apart. Think about how you will transport your products during the production process, making them sturdy enough to travel or finding strong packing materials through your suppliers.
Over the years, your products will evolve as you make modifications to existing designs and add new products. With feedback from customers and keeping abreast of current trends, as well as developing new skills and interests, you'll probably add new products and remove slower-moving ones. As soon as you see a steady decline in sales, consider dropping the product-don't get attached, this is business. You can always use slower products as bonuses, gift items or for raffle drawings or donations.
The crucial question about pricing is: How do I price my craft show products for the best results-good sales and good profit? Can I have both? You may fear that if your prices are too low, you could incur the wrath of your competitors or make less profit. If your prices are too high, your sales will drop. The right price is one of the most significant factors in contributing to your success or failure-and one of the most difficult factors to decide upon.
There are several schools of thought on how to arrive at the best price for your work. Again, time and experience will be your best guides. It is easy enough to raise or lower your price with each craft show you attend and eventually find the best fit. You may even find yourself changing prices at different craft shows as you learn the shopping patterns of your customers. If someone seems interested then walks away, ask them why they didn't buy and if they say price, ask what they would be willing to pay. If you get the same information repeated several times, it's an indication of what customers are willing to pay-at least at that craft show!
Although you need to test your prices, don't make drastic price adjustments in the same weekend, as customers may complain. Make smaller adjustments in different towns based on craft show results and customer feedback. Sometimes the difference in improving your sales can be as small as $1.00, such as lowering a $12.00 item to $10.99. And sometimes selling fewer items at higher prices can be more profitable in the long run.
Take time to consider your price carefully. Consider cost of supplies and labor, craft show fees, transportation and other expenses involved. The efficiency of your production will also have an impact on how much profit you can make from your craft show items, and ultimately both will determine your success on the craft show circuit!
Natalie Goyette shows you how to make your craft show
This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news
Blooming Grove Historical Society annual meeting followed by ukulele band performance (The Front Porch Band ... - Madison.com
Personally, I have become fascinated with gemstones (precious and semi-precious stones). I am amazed at the array of colors and properties of these little treasures found in the earth.
Tech-Savvy Crafters Can Go Global
The image of a crafter or artisan is often serene, even pastoral. It's easy to imagine a potter spinning his wheel in his barn-turned-studio and then selling his wares at the little farmer's market down the road.
Coin Collecting - A Fun Hobby
Over the years, collecting coins has grown from being just a hobby to becoming a full-blown enterprise with numerous Internet sites devoted to coins. Over the next several weeks, I will give you a little background about coin collecting to help those who want to pursue this as a hobby and maybe even make some money in the process.
Why You Should Race RC Cars, and Not Just Bash
For those of you who have been racing your RC cars for years, and have a friend or two who you have been trying to get out to the RC tracks, this article is for you. Feel free to forward it to them.
Ribbons and Lace, Embroidery Cotton, and Hemp to Spice Up Your Scrapbooks
Ribbon and lace are by far the most common, and most beautiful, border embellishment. The flowing nature of both materials encourages a touch of softness and elegance.
Introduction to Hobby Metal Casting for the Practical Home Mechanic - Engineer
Your enjoyment will start right from the moment you start to build the simple equipment required. It is possible to create amazing things in metal with a home foundry.
Create A Gift Basket For A Cat Lover!
The choice of what gift to give your family and friends can often be a difficult one. One of the best gifts that you can give is a themed gift basket.
Family Album In The Digital Age
Back then it was simple - you take the picture, you print it and put it in your family album. But now you have a digital camera.
Ever Wanted to Make Your Own Themed Gift Baskets?
If you've always wanted to know how to make your own gift baskets, this article will give you some tips to get started. Gift baskets are such a wonderful gift and can be given for any occasion.
Preservation and Making Copies of Your Scrapbook
You put a great deal of time, thought, and effort into your scrapbook pages. Scrapbooks often are very personalized creative works that are very meaningful to the creator.
Tracing Your Family History
Let me say straight away that tracing your family ancestry is a great hobby but very addictive, so unless you want to get well and truly hooked, don't start.When I travel around the country to Family History Fairs, I am amazed at the number of people who say quite cheerfully, "family history is so easy, I did mine in half an hour on the internet.
Fun with Origami!
Storing origamiThis is a great question. Many people want to hold on to their special crafts for years to come.
Faux Wax Seals, Tearing, and Fraying in Your Scrapbooks
Would you like to add more creative appeal to your scrapbooks? Here are three methods to add more depth and creativity to your scrapbook creations.A good way to make your own personal seals is with Crayola Model Magic.
Rubber Stamps : 10 Great Tips For Making Multiple Cards
You know the feeling. The kids have tons of demands, vacation is just around the corner, that big project at work is eating all of your free time.
Bartering: A Modern Day Phenomenon
Back in the early days of America, families didn't have much in the form of money. What they did have was skill, creativity, and a desire to help each other out.
How to Make Sea Shell Candles
Collecting sea shells along the beach is a favorite kids summer activity. Take it one step further by transforming their seaside treasures into beautiful decorations or kids make-and-take party favors.
The Surprising Popularity of Cigar Smoking
The practice of cigar smoking has been on the rise in the U.S.
Scary Halloween Crafts
Looking for some great Halloween crafts for your Halloween party, haunted house, or just for trick-or-treaters?A fun craft is something that can keep you occupied for hours on end especially if you enjoy it. Here are some ideas that will hopefully set you on your way in preparation for your next Halloween.
The Use of Color and Photographs in Your New Scrapbook
Color coordination and contrast will highlight and accent your scrapbook. A well thought out color scheme can help define the theme of a page, attract attention to specific items, or detract away from mistakes.
Rainy Day Fun - Crafts For Kids
Rainy days can be so boring for a child?and just as hard on moms. So we give some ideas to brighten your day and chase their rainy day blues away!Shadow puppetsIn a room that is fairly dark set up a flash light so it is facing a wall.
|home | site map|