The Crafts Industry is a $14 Billion Business and growing, According to ASU Study.. The majority of crafters start out in their homes… It is estimated that more than 126,000 people in the United States make their living from products they create. Many of the craft households fair better economically than the average American family, earning $50,000 annually versus $39,000 in terms of median income.
Craft and fine artists use a variety of materials and techniques to create art for sale and exhibition. Craft artists create handmade objects, such as pottery, glassware, textiles, or other objects that are designed to be functional. Fine artists, including painters, sculptors, and illustrators, create original works of art for their aesthetic value, rather than for a functional one.
Selling Your Handmade Products
Sell Online – selling online is a low-cost way to begin selling your handmade products from the comfort of your home. It is also the quickest and easiest way to make money online.
Sell Your Crafts at Craft Shows – check with your local chamber of commerce or search your State’s website for listings of upcoming shows and fairs. Many local colleges hold annual craft fairs, some independent craft show promoters hold shows at local churches. Some churches host their own craft fair as a fundraiser.
Sell Your Crafts On Consignment – selling on consignment is a practice frequently used by artists and craftspeople. It literally means that they give over their work to someone in the business of selling handmade products such as a craft shop, for display and sale. The retailer keeps a percentage of the sale price as a commission when the sale is made.
Sell Your Handmade Products To Tourist -The travel and tourism industry is the third-largest employer in the United States, supporting over 5.85 million travel-related jobs.
Sell Other People’s Crafts -sell crafters products on consignment in online craft marketplaces. You can take 10 to 50 percent of the retail price as commission.
More ways to make money besides selling handmade crafts:
Sell Craft Supplies– Making crafts is not the only way to make money in the handicrafts industry! Crafts supplies are hot selling items, Craft supplies are in high demand! Craftsmen, both amateurs and professionals, need craft supplies to produce their products. Craft supplies are hard to find in rural towns making craft supplies a high-profit potential business idea!.
To tell you a little bit about my story, when my husband and I started out on the Internet, we sold unfinished wooden boxes and other unfinished wood products and the business did quite well and it took off quickly. One day a customer inquired about purchasing a wooden box to make purses, I found it so interesting!
I became so intrigued with the idea of purse making, that I did a search on the Internet and found that cigar box purse making and fabric handbag making was very popular during that time. I ordered some purse handles to see how they would sell and the rest is history. Starting a purse making supply business was a very highly profitable business and my full-time career for many years.
Teach Craft Classes – teach Craft Classes through craft shops. Some craft shops offer free classroom space to promote their products in your craft project. Teach in a college or university through their community-based adult enrichment program. Some retired people, want to make good use of their leisure time, and enjoy learning new crafts. Teach crafts as a freelance craft teacher or recreation aide in a retirement home. Some churches will allow you to teach a craft class to their members for a small commission of the money charged.
Start a Niche Craft Blog – starting a crafting blog based on a particular niche market, you are experienced with, is a great way to earn extra money which can lead to a full-time career!
Sell e-books – selling ebooks can be very profitable, publish, and sell downloadable craft e-books on your topic of expertise.
Sell Craft Patterns / or how to instructions – If you have a popular craft product, then selling how to patterns online or instructions could be a good money maker for you. You could also develop patterns for publication in magazines and books.