MAKE MONEY WITH BEAD MAKING - TIPS FOR SUCCESS

 

Bead making business is the design, creation and distribution of beaded items such as beaded jewelry, beaded crafts, fabrics/clothing or selling beads and beading materials. This i must say that bead making is a very lucrative and has a lot of money making potentials as long as you know your art and at the same time your target market. Beading does not require a lot of space or significant technical training, making it a very accessible home business option. Below are some useful tips for you to follow if you are interested in being successful in the art.

1.  Learn as much as you can about beading and about running a small business by simply finding tutorials online and studying them accordingly.
 

2.  There are books written by various authors about the beading craft. Visit the bookshops or libraries near you to get some to read.

3.  Simply Ask local fabric and craft supply stores about any workshops they might offer. It will really help you.

4.  Create a beading home business plan. It should cover the following topics:

• Business name.
• Target market.
• Products and/or services your business will offer.
• Product pricing.
• Marketing.
• Protocol for tracking inventory, invoices, sales and costs.
• Costs to start up and run your business.

5.  Save money for startup costs. Surely you will need supplies, marketing materials,   licensing fees and basic office supplies.

6.  Obtain the necessary licensing from your government's business regulatory agency.

7.  Stock up on supplies.

8.  Build an inventory of product that you can display, advertise and sell.

9.  Create marketing materials. To create awareness of your services, you have to be as presentable as possible. Business cards and flyers are suitable for initial startup, but you may opt to invest in some brochures down the line.

10.  Explore a variety of sales and marketing avenues.This is where am going to, to increase sales and customers, you have to find the best available medium to go about this. Below are the things you can do.

• Create a website. Take your business online by simply creating your web address which should talk about you services and your materials. It must be able to focus on you line of business.
• Advertise. Use online and print classified ads, take out advertising in local newspapers and lifestyle magazines, and hand out business cards and flyers.
• Set up booths at arts and crafts fairs. This is a great way to establish a presence in the crafter community and to reach out to new, out-of-area customers.
• Approach storefronts. If you opt to make jewelry or other beaded items, ask if they would like to either purchase or consign some of your product to sell in their stores.
• Host beaded jewelry parties. Charge guests a flat fee for all the supplies and guide them through the process of making their own custom design. You may also encourage others to host the parties, allowing you to provide the supplies and instruction for a fee.
• Spread the word through social media sites: You have facebook and Twitter as a powerful too to attract more customers.

One thing am sure of is that if you follow this simple steps and at the same time seek for more knowledge in whatever way you can get it, the sky won't be your limit towards making money both Online and Offline in the beading industry.

If you have anything to add to this simple steps, please leave them in the comment box.

Good Luck

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