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Topic: Owning a shop: YOUR EXPERIENCES.  (Read 529 times)
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RyuuDolly
« on: October 29, 2008 11:28:09 PM »

I'll like to hear stories about opening and owning a shop. Successes and what not. Any experience. At the moment, I'm only in planning stages so I'll like to gain some knowledge so it's not a fail.

Any tips with opening a shop, owning, selling, prices, etc?

Anyone have any ideas on a shop name?
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fantasticmio
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« Reply #1 on: October 30, 2008 05:34:42 AM »

You might have more luck getting these questions answered on the "Crafty Business Advice" board.  There are quite a few threads addressing these topics already, and the people there are usually very keen to help new folks. ^_^
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RyuuDolly
« Reply #2 on: October 30, 2008 07:08:07 AM »

Yeah but I wanted it to be more centered on crocheting. I've heard some things about how knitting and such gets more buyers or whatever.
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color of your spoon
« Reply #3 on: October 31, 2008 01:01:19 AM »

I'll try to help but I have limited experience myself on this topic. A friend and I are getting together to sell crochet items and we started planning some things to do. I suggest starting small, like selling your items in fairs and art craft shows where you live. I think this would help to get an idea what attracts customers and who you draw in. Presentation speaks volumes so try to find creative ways to model and craft your items. The great thing about opening/starting a shop is you get to choose whatever you want to sell. You can specialize in one item or sell a variety of items. (My friend is crazy about purses so our focus is mainly on purses.) Look through fashion magazines,internet, etc to get your creative juices flowing on ideas to create your own looks for your items. Keep a journal nearby to write and sketch ideas. I love looking through foriegn magazines. It's very exciting to see what's going on around the world plus that adds an extoic touch since most people aren't aware of overseas fashion trends. Use materials you like. Enlist the help of your friends. Have them wear your items. Make buisness cards to pass out if you plan on selling local. I also think setting a shop online is great way to sell your items if you're busy or want a second cash flow. With an online shop like etsy, people can shop and order anytime of the day from you. I think online is the best way to go since you don't invest alot of money to pay for space,etc.

Setting prices is the one issue every shopowner deals with mostly. Most of the time people underprice thier items. Take in consideration how much and type of yarn and time it took you to create the item.  I would charge more for an item made with expensive yarn (like fur) vs acrylic (it's cheaper with more yardage).  You do invest some time with finding what yarn works for you.(Keep in mind the look of the finished product,too). I hope this help abit.
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