The first step of starting a business is figuring out what products you would want to create and sell. Creating a small business from homemade/ do it yourself projects is quite common now. In the article 20 handmade Business Ideas With Little Money to Start give 20 great idea that could help you start your business. You can pick to create items that you are passionate about or items that are trending.
Below is the following list of ideas:
- Furniture Makeover
- Greeting Card Maker
- Jewelry Making
- T-shirt Designer
- Scented Candle Maker
- Soap Maker/SPA Product
- Abstract Painter/ glass painter
- Handbag Maker
- Knitting
- Studio Photographer
- Quilter
- Scrapbooker
- Bead Maker
- Woodworking
- Candy Bouquet
- Ornament Maker
- Mason Jars
- Ebook Author
- Décor Making Parties
- Handmade Blogger (Williams, 2017)
Where could you get your materials?
To get the materials that you would need to create the products, you could go to your local home improvement store like Lowe’s and craft store like Michael’s and Hobby Lobby. To items that you would like to renovate and repurpose you could go to a thrift store.
How do I learn how to make DIY projects?
You should be able to learn online but watching YouTube videos, reading how to blogs, and even online course like on skill share.
Where can I sell my products?
You could sell them on Esty, Shopify, eBay, craigslist, and even Facebook marketplace.
“How do I price crafts and homemade goods?
There are simple formulas for establishing a retail price for your products that factor in all of your costs (materials, labor, overhead) plus a markup. But there are also several more involved strategies for setting price, like psychological pricing, premium pricing, and penetration pricing” (Winter, 2020).
Where should I market my business?
Pinterest and Instagram are the best platforms to promote pictures of products.
To get more ideas check out the following articles:
https://medium.com/@accaprof/20-handmade-business-ideas-with-little-money-to-start-32da16760a2d
https://www.shopify.com/blog/things-to-make-and-sell
References:
Williams, L. (2017, September 18). 20 Handmade Business Ideas with Little Money to Start. Retrieved January 26, 2021, from https://medium.com/@accaprof/20-handmade-business-ideas-with-little-money-to-start-32da16760a2d
Winter, D. (2020, July 06). The Business of DIY: 14 Things to Make and Sell Online. Retrieved January 26, 2021, from https://www.shopify.com/blog/things-to-make-and-sell