 |
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.
Pricing
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
business profitable in her best selling ebook:
Craft Show Success Secrets. Visit her site:
Craft Shows
 MORE RESOURCES updated Tue. April / 20 / 2021
|
|
|
Related Hobbies - Crafts articles:
Scrapbooking Ideas for
Kids
Many times at auctions, or estate sales, a box of books
will turn up a real treasure, like a scrapbook that was
kept by someone in their youth and sometimes through their
adulthood. The book could be 50 or 60 years old, and a
source of great fun to look at the pictures, news
clippings, and personal mementoes.
When It Comes To RC
Airplanes You Can Choose From Ready to Fly, Almost Ready to
Fly or Scratch Built
Soaring through the air, watching the clouds and the birds
fly by. No, you are not flying your own private plane, but
you are doing the next best thing.
What Do I Need to Start
Scrapbooking?
The best thing about scrapbooking is that although there
are a plethora of scrapbooking supplies available on the
market, you really don't need a lot to make your very first
scrapbook. Basically, all you need to scrapbook is an
album, some glue, a pair of scissors, and some photographs
or newspaper clippings.
The Power Of Scrapbook
Journaling
By journaling your pages you will transform an ordinary
collection of photographs into a vibrant and visual
storyboard - telling the stories behind the pictures,
revealing hidden memories and emotions.It will give your
scrapbooks a unique and intimate feel, it is this personal
touch that turns your albums into something very special.
Essentials of Genealogy
- Getting Started with Your Family Tree
Since genealogy is my hobby, my profession, and my passion,
many people ask me how to get started. What are the
essentials to doing a family search? Here are some tips
that should help you discover your family under the best
possible conditions.
An Introduction to
Lanyards
Lanyards are pieces of rope, wire, or cloth specifically
designed to attach to objects. They are typically used to
secure small items such as a work badge, key,
identification card, eyeglasses, whistle, cell phone,
bottle opener, knife, or compass.
Embroidery Machine Use
by New Owners for Good Results
Many new home embroidery machine owners have to learn on
their own with little instructions and thus have to resort
to the "trial and error" methods to get satisfactory
results. One can certainly learn to embroidery this way but
it takes time, money and patience.
Woodworking - Creative,
Relaxing and Timeless
The title reflects Woodworking as a hobby, not as a
vocation. Vocational woodworking is pretty much the
opposite of the adjectives in the title because of the
intense pressure to produce quickly in order to make it pay
the bills.
Stress-Free Scrapbook
Journaling Ideas
Do you find it intimidating when you come to journal your
scrapbook pages?You are not alone! Many scrapbookers find
it hard to get started when it comes to adding journaling
to their scrapbooking layouts.If you are one of those
people who go blank at the thought of having to journal,
don't worry.
A Brief History of
Japanese Daruma Dolls
Daruma dolls are representations of the historical Indian
priest Bodhidharma, a sage who traveled throughout Japan
and China in the 5th or 6th century AD. Bodhidharma is
credited with establishing Chan Buddhism in China and Zen
Buddhism in Japan.
Why Do You Need to Have
Your Tools Blade Sharpen After Work
If you like to do wood carving or making sculpture as your
hobby, you surely need tools to make your creation. If you
just starting this hobby, knowing your tools and how to
treat your carving tools probably the best way to make
everything easier for you, thus make efficient time when
doing your work.
Getting Started With
Radio Control Cars
Take note that you need to decide whether you want a radio
control nitro or gas car or perhaps one that has an
electric engine. You could purchase either one which is
ready to run (rtr) or a kit.
The Theme and Title of
Your New Scrapbook
The theme of your scrapbook can be simple or complex. Your
theme could be a special event such as a birthday, a baby
shower, a wedding, Christmas, or Halloween.
Mini Rc Cars
Did your heart ever palpitate for fast driving? Did you
ever imagine your hands controlling an extremely speedy
car? I f so, then you should definitely experience the
gravity and true charm of mini RC cars.Mini RC cars have
climbed up to the top position in the chartbusters of
favorite pastimes or hobbies.
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.
A Playtime Project: The
Memory Quilt
A friend recently suggested a use for my daughter's first
wardrobe, which I've dutifully saved in the back of the
closet, and lugged on two long distance relocations. Turns
out she's done the same thing with her daughter's first
clothes, and we've decided to make memory quilts.
Woodworking Tools: Right
Selection And Care Will Save You Money, Part 4
Woodworking: Tools Of The Trade, Part 4 - Tools For
Shaping. A civilization's maturity and intelligence is
judged, in part, by the diversity and sophistication of its
tools. When it comes to woodworking, the human race is
quite advanced.
Creative Soap
Crafts
Soap is a craft that is fun and easy to make. It's a great
project to do with your kids.
Are Your Airbrush
Products Selling? If So, Here Are 3 Ways To Further
Skyrocket Sales!
One of the biggest challenges faced by airbrush artists are
proof of what you say is true! The potential customer is
going to find it hard to believe you. Whether it is, if you
can do the work, whether they think you are charging them
too much, or it is simply that you are artistic, potential
customers are going to find it hard to trust you.
Robotic Vacuum Cleaners:
Perfect for Cleaning Pool Tables
A friend of mine bought a robotic vaccum cleaner as a gag.
It's actually pretty fun to watch it semi randomly roaming
around the room.
|
|
