Wednesday, February 12, 2014

3 of 31 How much inventory should I make?

This is a very good question, but a hard one to answer.

So, Sara Duggan of crochetbusiness.com suggests to make items that are:

* Quick to make
* Small price points
* Cater to the largest audience attending the event

She suggests bows, flowers, dish towels, baby items like booties, blankets, and little layettes. She advises to stay away from extensive pieces as they rarely sell. This is not to say that they wouldn't sell, its just that they would be more appropriate for an art show rather than a family event, which is where I'm going to be.

Some questions Sara says to consider when thinking about what to make:

  1. Traffic to the show - This event is geared towards families and anyone attuned to natural living. It takes place at a park on a Saturday from 10 am to 4 pm. They want to focus on whole body wellness, Backyard gardening, green cleaning, fresh eating, yoga, music, art, nature conservancy, and basically anything Eco-friendly.
  2. Season – Fall, but moving into winter and the holidays that come with it.
  3. What can you make in the amount of time you have? - I have 9 months to build my inventory. 
  4. Are your items quick sales? A quick $5, $10, or more? - I can make just about anything, but I will need to focus on items that are easy to make, and with low price points.
  5. Variety – be sure to offer a variety and always make more than you think you need - For me and this event that means hair bows, market bags, flower headbands, little amigurumi animals, hot beverage cozis, play food, hats, maybe yoga mat bags.

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