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Posts Tagged ‘destash’

So says the NY Times.

http://www.nytimes.com/2008/12/23/business/23craft.html?_r=1&em

Apparently not so hot economic times turn gift givers into “make it yourselfers.”

It also, in my experience, makes gift givers who can’t craft look for handmade items to give. They are more personal, unique and very often less expensive than store counterparts.

So what does this mean for artisans like us…on Etsy, on eBay, at craft shows and on your own website?

It means it’s time to turn economic hard times to our advantage. I, for one, had a as good a holiday season as my schedule allowed. And I plan to continue having a solid first quarter for 2009 as well. How?

I’ve differentiated my products by personalizing them. I love what I do, but I also love being inspired by and exciting my customers. For those of you who had a great holiday season, keep doing what you are doing.

If you had a less than stellar season, you may have a lot of competition, or you might want to¬† promote yourself a bit differently. Check out successful sellers in your genre. Don’t copy them. But see what they are doing differently than what you are doing. Sometimes, it may just be that they are in business longer than you and have a following. But sometimes, pictures, description wording, store policies or pricing (and I mean making sure you don’t undersell yourself) can make the difference.

To draw potential customers into your store, you might offer supplies as well. I know as crafters we all have tons of stuff sitting in bins, in drawers, right out there on the table, that we’ll never use. We can’t help ourselves when we are in the fabric store, scrapbook store, jewelry and bead supply store. We have trouble passing up the pretty things and we all say “I’ll find something to do with this….” As a result, I have bins and bins of fabric.

Gather those things together that you know you’ll never use and sell them as destash on Etsy or just plain sell them on eBay. It brings traffic, sales and loyal customers that may then want your products.

Also consider patterns. We can be very proprietary about our designs, but is there one you’ve stopped making or have variations of? Consider offering your designs for sale since there are folks becoming crafters who might now need neat new things to make!

The holidays might be over for now, but there are always occasions and gift giving opportunities. Don’t let those pass you by. Start now, and by Valentine’s Day or Mother’s Day, you might have the next really hot item in your store!

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