How to make money knitting at home: tips and tricks

2024 Author: Sierra Becker | [email protected]. Last modified: 2024-02-26 03:47

Modern man is little familiar with the concept of scarcity. Commodity abundance, which can be observed in the shelves of stores, allows the buyer to choose for himself almost any thing. The main thing is that the cost should correspond to the possibilities of his wallet. But sometimes a product, whether it be toys or clothes, dishes or cosmetics, does not meet the requirements for it. Most often, all these things are made in mass production from cheap materials, which affects their quality. Also, the goods offered by modern manufacturers can be said to be made without a soul. And this does not suit most buyers. That is why in many countries, handmade goods are becoming increasingly popular. One of them is knitted things, in the production and sale of which it is quite possible to make a profitable business.

Paid hobby

Each of us dreams of getting away from the routine of everyday affairs, resting body and soul, and not forgetting to set aside time for our own development. A hobby is a great way to do this. But you can do it not only to relax your soul. Paid hobbycould be a great job. For example, doing your favorite thing, it is not difficult to open a business with minimal investment, to occupy a niche in the entertainment industry, organize trade using the Internet, or consider many other rather interesting areas.

Knitting at home can be a great money-making idea for a woman who loves needlework. Making interesting things, clothes, soft toys and much more can not only bring pleasure, but also a good income. Moreover, all these products will rightfully be considered unique and designer.

Main fixtures

How to make money on a hobby - knitting? To do this, you need to decide how such work will be performed. It seems to many that needlewomen knit only with knitting needles. However, there are other devices for creating things from yarn and thread.

1. Hook. Knitting with it is much more convenient. The fact is that on the hook, as a rule, there is only the last loop of the entire row. And even in the event that she unexpectedly slips away, it is easy to pick her up again. Bandaging half of the product is not required.
2. Spokes. They are very different. There are circular needles. They are used to make seamless things. Needlewomen also work with straight knitting needles, of which there can be two or five in the kit. When using the first option, scarves, coats, shawls, hats and much more are knitted. A set of five knitting needles is used in the manufacture of seamless socks, sleeves and smallbaby stuff.
3. Knitting machine. Such a device should not be compared with any huge industrial unit. A knitting machine for home is a fairly compact thing, which is easy to place on a windowsill or on a desk.
4. Hands. They also make excellent knitting tools. Yarn is wound around the hands, as if on knitting needles, knitting loops and threading the thread with the fingers.

What tools should be chosen for someone who asks the question "How to make money knitting at home"?. The final choice will depend on what kind of product will be made by the needlewoman.

Choosing a niche

Is it possible to make money on knitting? In order for the hobby to bring the desired income, you will need to assess the level of demand for the things offered by needlewomen. When choosing your knitting niche, you can start making products that are already popular with customers, or start producing unique products.

The first option takes into account consumer demand. That is why it seems more reliable. However, following this path, the needlewoman will certainly have to face fierce competition. At the same time, there is a real threat that its product will go unnoticed among the huge number of offers. As for unique things, everything is different here. Their production will allow you to stand out, while occupying a free niche. But here, too, there are certain difficulties. After all, it is simply impossible to estimate consumer demand for such products in advance.

Choice of finalproduct

How to make money knitting at home? To organize such a business, you can choose a manufacturer for yourself:

1. Clothes. It can be dresses and sweaters, cardigans and vests, crop tops, ponchos, shorts, etc.
2. Accessories. Their list includes headbands and hats, scarves and mittens, snoods and shawls, slippers and socks, backpacks and bags, bow ties, socks, etc.
3. Things for the home. This includes throws and blankets, teapot and mug clothes, potholders and chair covers, serving napkins, shaped cushions and pillowcases, throws and curtains, mermaid tails and storage baskets, doorknob covers and organizers, hammocks. and pots.
4. Decor items. Among such things are panels and paintings, lamps and garlands, mandalas, knitted figurines, stuffed animals.
5. Products for children. Diaper panties, booties, dolls, toys, crib mobiles, rattles and finger toys are very popular with customers.
6. Miscellaneous products. This includes "clothes" for cats and dogs, eye patches for sleeping, pet beds, glasses cases.

The above list is far from complete.

However, it also clearly demonstrates the variety of things that can be offered by the organizer of the knitting business.

Customer Demand Estimation

Is it possible to make money on knitting? Of course, yes. However, choosing a niche for herself in this business, the needlewoman must certainly assess the demand of buyers forproducts.

How to make money knitting at home? To do this, you can not focus on the production of, for example, only bookmarks or covers for teapots. In this case, difficulties in the implementation of products are likely. After all, such things are quite specific, and you should not expect high sales.

How to start making money on knitting? To do this, it is recommended to expand your range, offering customers not only those products that are in high demand, but also some unique things that can distinguish the master on the market. An example of this is the production of home decor items. In their manufacture, it is most profitable to earn money by crocheting. In this case, planters, storage baskets, chair covers are able to attract an audience. Also, a niche can be limited to knitted textiles, that is, blankets, pillowcases and curly pillows.

Determination of the choice of products will allow the study of proposals on the market. Carrying out such work, it is necessary to study those knitted products that are offered by other needlewomen. At the same time, you should consider the most successful Internet profiles and analyze their work (pricing policy, marketing, offer, assortment, etc.).

Income amount

How much do they earn from knitting? This is one of the main questions of such a business, which will allow you to decide whether it is worth starting this business. However, it is rather difficult to name a specific amount. The end result will be shaped by many of the mostvarious factors such as price policy, free niche, advertising effectiveness, number of products released, etc.

It is worth considering the experience of some craftswomen, whose knitting business can be a great motivation for any needlewoman to start her own business. For example, a woman from the USA, Heidi Mei, was able to make money knitting children's clothes. She sells mainly knitted hats with ears of various animals. The first four years of operation brought her store revenue in excess of $300,000

And one of the needlewomen from Turkey sells comfortable knitted bags and laptop cases. It completes up to 160 orders during the year, which allows it to generate annual revenue of $5,000.

Yoko Gibran, a craftswoman from Atlanta, was able to sell over three thousand scarves knitted with her own hands in just a few years of her work. Today, her business allows her to earn approximately $140,000 in just one year.

Russian women also make money on knitting. An example of this is Daria Nikulina. She was the first to come up with the idea of making toys from yarn. Today, the main source of its income is the implementation of a master class, thanks to which everyone can try themselves in this business. According to Daria, such a knitting info business allows her to have a stable income to provide for her family.

In general, most craftswomen earn monthly income from knitting from 30 to 40 thousand rubles.

What is neededto start a business?

How to make money knitting? All the most successful masters recommend that beginners start treating their hobby like a business. This will require some organizational work. For example, create your own brand, promoting it using the Internet. It is also necessary to organize the delivery of goods. You will need to create your own style and a unique offer that would allow you to stand out in the market. And also, as in any other startup, be ready to work not only hard, but also with inspiration.

How to make money knitting at home? To do this, the needlewoman needs to decide on the following:

1. How much does she enjoy knitting? Is the performance of such work a short-term creative impulse, or without a knitting machine, knitting needles and a hook, she simply cannot imagine herself? Or maybe a woman doesn’t want to do this at all, but you still need to earn money in some way? Determining your own positions is a very important step in deciding whether to open a business. If a woman perceives each new order as nothing more than torture, then buyers will certainly feel such an attitude, which will lead to a negative result.
2. How well does she knit, and how beautiful are her products? To answer this question, it is recommended not to limit yourself to your own opinion, which can be quite subjective. It is better to choose forums on the Internet or large communities located on social networks. There it shouldexhibit your work. According to the received “likes” and comments, everything will immediately become clear.
3. How fast does she knit? If a woman has been manufacturing one pair of socks for two weeks, then she is unlikely to be able to earn money on it. If it is enough for her to take only a couple of hours for such work, and at the same time she does it with pleasure and with a smile, then the business will certainly turn out to be effective.
4. Is she ready to deal with customers who are very different?
5. How much time is she willing to devote to knitting and will she be able to give up something for the sake of this business?

Obtaining and improving skills

How to make money on knitting? To do this, you need to have, first of all, the basic skills of this business. Nevertheless, sometimes even experienced craftswomen are faced with the need for training. For example, a needlewoman who has always picked up knitting needles may ask herself the question “How to make money on crochet?”. Or she wants to master the manufacture of products on a knitting machine, a certain technique. To solve this issue, you will need to take training courses. Their cost will depend on the program, the number of academic hours, as well as on the form of classes, which can be either individual or group.

For example, for someone who asks the question "How to make money on knitting?", The basic course for mastering this direction will cost about 6 thousand rubles. Individual training in the manufacture of products using machines - from 15 to 20 thousand rubles. It is proposed to learnknitting and video courses. In this case, the cost of a full set of lectures will be about 3 thousand rubles.

Starting a business

How to make money on knitting? To do this, after going through the steps described above, you will need to register as an individual entrepreneur. After that, you should create workshop accounts in social networks. At the same time, it is recommended to use several platforms at once to promote products. Next, a marketing strategy is developed that provides for the active promotion of all accounts.

Starting capital

How much money do you need to start making money by crocheting, knitting or using a special machine? This question is one of the most popular among those who decide to enter this market.

The main expense item when opening a business for the manufacture and sale of knitted products is the purchase of equipment, as well as consumables. The list of tools will depend on the technique of the work performed. These can be sets of hooks, knitting needles, etc. But for those who plan to carry out a large number of orders, it is recommended to buy a knitting machine. The cost of such a device will be approximately 20-40 thousand rubles. If there is finance, the craftswoman will be able to choose a model for herself and more expensive - for 100 thousand rubles. Such knitting machines are used in factory production.

Let's look at the approximate start-up costs that you will need to make to open your own knitting business:

• Sets of knitting needles (professional) - from 6 to 8 thousand rubles;
• accessories and yarn - 4 thousand rubles;
• state duty,which should be paid when registering an individual entrepreneur - 800 rubles;
• branding tags and logo design - 6 thousand rubles;
• advertising in social networks - 7 thousand rubles.

How can I make money knitting? To open such a business, you will need to spend 26-70 thousand rubles, but then it all depends on you.

Purchase materials

How to make money knitting at home? For the manufacture of products you need to take care of the purchase of yarn. You can buy it in a store that sells goods for needlework. However, in order to save some money, it is recommended to consider the offers of specialized sites. In such stores, prices are usually 10-15% lower.

For additional savings, it is recommended to purchase yarn during the discount period. Such offers are usually available in the summer.

Manufacturers sell yarn at the lowest prices, making a minimum margin on it. But it should be borne in mind that in this case it will be possible to purchase only a large batch and by concluding an agreement. In this case, you will need to take into account transport costs. They can be significant when delivering a large batch.

An excellent way to save on material is to buy yarn together. To do this, you need to gather several needlewomen at once and place an order for everyone, dividing the transportation costs among themselves. However, experienced craftswomen do not recommend paying attention only to the price of yarn. After all, it must also be of high quality. That is why you should be carefulconsider offers on Chinese sites. There are budget options that are of poor quality. Buy yarn only from trusted suppliers with positive customer reviews.

Calculating the cost of products

Produced goods must, on the one hand, justify all the costs incurred on it, and on the other hand, bring the desired income. How to calculate the objective price of your product?

The cost of an item is set according to the following criteria:

• average market price of similar products;
• yarn cost;
• the total cost of raw materials and shipping multiplied by the coefficient of complexity of the work;
• wasted time.

When determining the cost of the product, you will need to take into account the color of the yarn. So, if it is dark, then it is more difficult to work with it due to the fact that it causes eye fatigue faster.

It is worth noting that there is no single formula for determining the cost of a hand-knitted product. Each needlewoman has the right to independently set the price.

Search for buyers

Very convenient platforms for the sale of handmade products are: Instagram, VK, Odnoklassniki and Facebook. Here, each master can put photos of his things on his own page or by creating a thematic group.

In addition, social networks have publics and groups with thousands, and sometimes millions of subscribers who love to knit. Here you can alsooffer your products.

To sell the product, you can deliver it to a needlework store or offer things at handicraft fairs.