How to Make Money with Crochet or Knitting

How to Make Money with Crochet or Knitting

Someone once said that if you can find something you enjoy doing, and then learn how to make money off of it, you’ll never have to work another day of your life!

To most people that sounds too good to be true, and so they don’t even try to venture down that path, thinking they will fail anyway. But if there is something which you truly enjoy like crochet or knitting and you’re willing to go the extra mile you can succeed.

The first thing you need to do is design your own crochet or knitting pattern. That way you won’t be competing against anyone else with the same designs, thus increasing your chance of success.

You don’t have to have a copyright on your design, by law it is your design and you hold all rights to the pattern the moment you design it. But nevertheless, it is a good idea to register your design just in case.

Next you need to figure out a price for your item. Many people who start selling their crochet or knit items don’t set the prices high enough and don’t make any money as a result. But you don’t want to overprice your items either, because then you won’t be able to sell at all.

To help you determine the price you need to figure out how much it’s costing you to make the item, and then add the profit which you want to earn and any additional fees which you will have to pay, such as marketing, booth rentals, or listing fees.

Once you have your design and product price you’re ready to start selling. You can sell your crochet or knit items online on sites like eBay, Etsy, or eCrater just to name a few. This is a good way to start because you don’t need a huge inventory of products, you can start by selling only one product and work your way up.

Once you have an established inventory of various products you can set up a booth at local craft fairs, the mall, or even in your front yard on a beautiful day. Setting it up in your own yard will save you a lot of money.

You can do this by yourself, or you can team up with a friend or a group of friends and work together. You could even be the middle-man, or middle-woman, and sell their items for a small profit.

If you succeed in the above and want to take it to the next level, you can open your very own brick and mortar store. With diligent hard work you can make it happen over a period of several years. You’d be doing what you love and make a living at the same time.

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Visit CrochetN’Crafts for lots of free crochet patterns that you can use to make and sell finished items.

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