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	<title>craftbizblog&#187; handmade</title>
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	<description>turn your craft into cash</description>
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		<title>Are you using the right colors in your crafts?</title>
		<link>http://www.craftbizblog.com/uncategorized/colors-crafts/</link>
		<comments>http://www.craftbizblog.com/uncategorized/colors-crafts/#comments</comments>
		<pubDate>Sun, 11 Dec 2011 17:31:51 +0000</pubDate>
		<dc:creator>Terri</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[color pallette]]></category>
		<category><![CDATA[color trends]]></category>
		<category><![CDATA[handmade]]></category>
		<category><![CDATA[handmade jewelry]]></category>
		<category><![CDATA[Pantone]]></category>
		<category><![CDATA[sell crafts]]></category>
		<category><![CDATA[sell handmade]]></category>
		<category><![CDATA[selling crafts]]></category>
		<category><![CDATA[selling jewelry]]></category>

		<guid isPermaLink="false">http://www.craftbizblog.com/?p=376</guid>
		<description><![CDATA[while the colors for 2012 are shades of orange, gold, purple, aqua, green and brown, they are very specific hues of those colors. The  pinks are "sweet lilac" and "cabaret" and the while aqua has been big for a couple of years now, this is a very specific "cockatoo".]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.craftbizblog.com/wp-content/uploads/2011/12/PANTONE_FCR_Spring2012.jpg"><img class="alignleft size-medium wp-image-377" title="PANTONE_FCR_Spring2012" src="http://www.craftbizblog.com/wp-content/uploads/2011/12/PANTONE_FCR_Spring2012-300x231.jpg" alt="" width="300" height="231" /></a>Last week, <a href="http://www.pantone.com" target="_blank">Pantone</a> announced the color trend pallette for 2012. The color of the year is Tangerine Tango. Yes, it&#8217;s orange but a very specific orange. Even those of us who aren&#8217;t particularly up on fashion need to pay attention to these trends because they do affect the way your potential customers see your work.</p>
<p>A lot goes into choosing the pallette and the selection is primarily based on making the colors different enough from the past year that people feel they must update. Yes, it&#8217;s all about merchandizing. So, while the colors for 2012 <span id="more-376"></span>shades of orange, gold, purple, aqua, green and brown, they are very specific hues of those colors. The  pinks are &#8220;sweet lilac&#8221; and &#8220;cabaret&#8221; and the while aqua has been big for a couple of years now, this is a very specific &#8220;cockatoo&#8221;.</p>
<p>So why does this matter for you as a crafter? Because people are going to buy those colors or compliments of them subconsciously. They get used to seeing them in shops and catalogs, recognize them and are attracted to them, possibly because of the familiarity. If you make wear-ables such as jewelry or scarves, your customers are probably looking for pieces to compliment their wardrobe so you do need to become familiar with the color trends and make sure that you do have at least a portion of your line in that pallette. If you attend bead shows or wholesale fabric shows, be sure to bring the pallette along and use it as a guide for purchasing your supplies. And by all means, if you exhibit at wholesale tradeshows, the pallette should be part of your booth display because retailers will be impressed that you have planned your line around what will sell best in their shops and that will increase your sales.</p>
<p>How has color trend influenced your craft business in the past year? As always, you&#8217;re invited to comment below. I&#8217;d love to hear your thoughts and observations on this.</p>
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		<title>One super-simple thing that will increase your craft sales drastically.</title>
		<link>http://www.craftbizblog.com/uncategorized/supersimple-increase-craft-sales-drastically/</link>
		<comments>http://www.craftbizblog.com/uncategorized/supersimple-increase-craft-sales-drastically/#comments</comments>
		<pubDate>Sun, 27 Nov 2011 18:55:25 +0000</pubDate>
		<dc:creator>Terri</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[craft fair]]></category>
		<category><![CDATA[crafts]]></category>
		<category><![CDATA[hand made]]></category>
		<category><![CDATA[handmade]]></category>
		<category><![CDATA[handmade market]]></category>
		<category><![CDATA[sell art]]></category>
		<category><![CDATA[sell crafts]]></category>
		<category><![CDATA[sell handmade jewelry]]></category>
		<category><![CDATA[sell more crafts]]></category>
		<category><![CDATA[sell your crafts]]></category>
		<category><![CDATA[trunk show]]></category>

		<guid isPermaLink="false">http://www.craftbizblog.com/?p=352</guid>
		<description><![CDATA[you will have a lot more sales and happy, return customers. ]]></description>
			<content:encoded><![CDATA[<p>Are you participating in craft fairs or any face-to-face shows this holiday season? How have your sales been?<br />
Do you know there is one simple thing you should be doing that will increase your sales drastically and create loyal customers? One easy, obvious thing that you probably aren’t doing.</p>
<p>Place your work in their hands. That’s it. Easy peazy, right?<br />
When I attend craft fairs, I notice artists only speaking to people who ask them questions and mostly just saying “hi, how are you?” or “thank you”. Or worse,<br />
sitting in their booths texting, reading or looking bored.<br />
People who shop in-person for crafts want to have face-time with the artists, to know the person who makes the art. To be able to tell the gift recipient or their friends who admire the piece they met the artist.  They want to touch and feel the work.</p>
<p>Try this next time you display your art: Greet every single person who walks by your booth. If they hesitate, they are interested in knowing more. Invite them into your space and tell them a little about your work. Talk about the process. If they are looking at a particular piece, put it in their hands and even invite them try it on if it’s wear-able.</p>
<p>I guarantee you will have a lot more sales and happy, return customers.<br />
Let me know how it works for you.</p>
]]></content:encoded>
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		<title>Are you getting your work in front of discriminating buyers?</title>
		<link>http://www.craftbizblog.com/uncategorized/work-infront-descriminating-buyers/</link>
		<comments>http://www.craftbizblog.com/uncategorized/work-infront-descriminating-buyers/#comments</comments>
		<pubDate>Wed, 19 Oct 2011 15:07:45 +0000</pubDate>
		<dc:creator>Terri</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[artfire]]></category>
		<category><![CDATA[craft fair]]></category>
		<category><![CDATA[crafts]]></category>
		<category><![CDATA[etsy]]></category>
		<category><![CDATA[gallery]]></category>
		<category><![CDATA[hand made]]></category>
		<category><![CDATA[hand made jewelry]]></category>
		<category><![CDATA[handmade]]></category>
		<category><![CDATA[handmade market]]></category>
		<category><![CDATA[sell crafts]]></category>
		<category><![CDATA[sell handmade jewelry]]></category>
		<category><![CDATA[sell your crafts]]></category>
		<category><![CDATA[trunk show]]></category>

		<guid isPermaLink="false">http://www.craftbizblog.com/?p=335</guid>
		<description><![CDATA[Why put your handcrafted pieces in a location where they are compared with manufactured goods? Get your work in front of buyers who are discriminating enough to appreciate handmade]]></description>
			<content:encoded><![CDATA[<p>If you’re looking for more exposure for your work, how creative are you about where you sell you crafts? If you make items for dogs or their people, do you sell strictly to pet boutiques? Have you thought of approaching handcrafted galleries? Shoppers who value handmade will pay more if they see your work in a craft gallery rather than a pet boutique beside inexpensive imports. If you make baby gifts, don’t just sell them to children’s shops. Try to get them into shops with other hand made products. Why put your handcrafted pieces in a location where they are compared with manufactured goods? Get your work in front of buyers who are discriminating enough to appreciate handmade. What other locations can you think of where your work will get the attention and price it deserves?</p>
]]></content:encoded>
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		<title>Another easy tip to turn your craft into cash NOW-it&#8217;s not too late.</title>
		<link>http://www.craftbizblog.com/uncategorized/easy-tip-turn-craft-cash-nowits-late/</link>
		<comments>http://www.craftbizblog.com/uncategorized/easy-tip-turn-craft-cash-nowits-late/#comments</comments>
		<pubDate>Tue, 15 Dec 2009 21:09:14 +0000</pubDate>
		<dc:creator>Terri</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[craft]]></category>
		<category><![CDATA[handmade]]></category>
		<category><![CDATA[sell handmade gifts]]></category>

		<guid isPermaLink="false">http://www.craftbizblog.com/?p=215</guid>
		<description><![CDATA[It may seem like weeks before Christmas is too late to plan a sale of your handcrafted gifts but this is actually perfect timing. Recent surveys report that most consumers have not even begun their holiday shopping and eve those who say they’re finished are still likely to purchase more if they see something really [...]]]></description>
			<content:encoded><![CDATA[<p><span>It may seem like weeks before Christmas is too late to plan a sale of your handcrafted gifts but this is actually perfect timing. Recent surveys report that most consumers have not even begun their holiday shopping and eve those who say they’re finished are still likely to purchase more if they see something really special. </span></p>
<p><span>The weeks prior to the holidays, everyone is feeling rushed and wondering how they’ll find time after work to get to the stores to shop. It seems employers are not falling for the frequent “sick days” employees are taking to get their shopping done. </span></p>
<p><span>In order to have their employees come to work rather than play hookie at the mall, or spend on-the-clock time shopping online, companies are now very receptive to vendors coming in to sell to their staff during lunch breaks.</span></p>
<p><span>It surprised me that the corporations weren’t taking a percentage of the sales or asking for a space rental fee. They seem to have recognized that it is to their advantage to have the option for their employees to get some f their shopping done during business hours. </span></p>
<p><span>It’s always nice to hold an events with no fees or percentages going out. If you’re used to there always being a trade-off, it may seem odd that there are people who simply would love the convenience of being able to shop at their workplace. Talk to the HR person at a hospital, school or office and ask if you may set up in the break room or lobby a few weeks before the holidays to offer gift shopping to the staff. Since you have items that can’t be found in the mall, teachers, nurses, office personnel, etc will be excited about having this option. </span></p>
<p><span>It’s a good idea to set up two consecutive days because as employees go back their workspace, they show their co-workers the treasures they purchased and the excitement is viral. Be sure to bring plenty of cards, brochures or other material with your contact information. And of course, ask permission to capture contact info for your mailing list. Do some kind of drawing where people can drop in their business card with email address for a chance to win a piece of your work.</span></p>
<p>The next time you return to each venue-for Valentine’s Day or Mother’s Day- you’ll be able to notify your customers in advance.  They’ll look forward to your return and likely have orders from their friends who don’t work there.</p>
<p>For more tips like this, put your name and email address in the box to the right and you&#8217;ll receieve a free copy of &#8220;13 Quick, Easy, Low-cost or NO-cost Ways to</p>
<p>Turn your Craft into Cash NOW!&#8221;</p>
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		<title>There&#8217;s still plenty of time to turn your craft into cash before Christmas.</title>
		<link>http://www.craftbizblog.com/uncategorized/plenty-time-turn-craft-cash-christmas/</link>
		<comments>http://www.craftbizblog.com/uncategorized/plenty-time-turn-craft-cash-christmas/#comments</comments>
		<pubDate>Fri, 11 Dec 2009 15:39:20 +0000</pubDate>
		<dc:creator>Terri</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Add new tag]]></category>
		<category><![CDATA[consignment]]></category>
		<category><![CDATA[hand crafted]]></category>
		<category><![CDATA[hand made]]></category>
		<category><![CDATA[handcrafted]]></category>
		<category><![CDATA[handcrafted jewelry]]></category>
		<category><![CDATA[handmade]]></category>
		<category><![CDATA[scarves]]></category>
		<category><![CDATA[sell crafts]]></category>
		<category><![CDATA[selling crafts]]></category>

		<guid isPermaLink="false">http://www.craftbizblog.com/?p=205</guid>
		<description><![CDATA[There’s still plenty of time to turn your craft into cash before Christmas. If you haven’t yet received your “13 Quick, Easy, Low-cost or NO-cost Ways to Turn your Craft into Cash” go to the right and get your free gift. You’ll find many of these tips can be implemented NOW. Have you noticed that many [...]]]></description>
			<content:encoded><![CDATA[<p>There’s still plenty of time to turn your craft into cash before Christmas.</p>
<p><span>If you haven’t yet received your “13 Quick, Easy, Low-cost or NO-cost Ways to Turn your Craft into Cash” go to the right and get your free gift. </span></p>
<p><span>You’ll find many of these tips can be implemented NOW. </span></p>
<p><span>Have you noticed that many of the small boutiques and galleries that sell handmade are low in inventory two weeks before Christmas? I have, and I know why. And this is to your advantage as a craftsperson. </span></p>
<p><span>As a result of the media’s fear-based reports, small retailers ordered light this season anticipating slow sales. But guess what? Discerning consumers are searching for unique, handcrafted, meaningful gifts this season, catching retailers unprepared with insufficient supply and no time to re-order handmade gifts.  Most people say they haven’t even started shopping yet which means shop owners are missing out on revenue if they don’t have inventory. While the big-box retailers can mark their wares down after the holidays, and still make a profit, as you know,  craft retailers don’t have the margin to discount since their markup is so low. So, they are afraid to purchase this late in the season. </span></p>
<p><span>But this is where YOU come in. Boutiques and galleries that may not have had space to display your work previously need the inventory between now and Christmas. You likely have pieces you’d love to turn into cash and the shops NEED your work now. It’s risk free for them if you put pieces on consignment and you have nothing to lose either. (review previous tips on consignment.) </span></p>
<p><span>Don’t limit yourself to galleries. The next three weeks, women are dressing for holiday parties and looking for that one-of-a-kind accessory to add pizazz to their outfit. Approach apparel shops and offer to consign your handcrafted jewelry, evening bags, shawls, etc. </span></p>
<p><span>No one can buy them if they are sitting in your studio unseen,</span></p>
<p><span>Check back frequently for more “eleventh hour” tips on selling your crafts. </span></p>
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		<item>
		<title>Making your Craft Make a Difference</title>
		<link>http://www.craftbizblog.com/uncategorized/making-craft-difference/</link>
		<comments>http://www.craftbizblog.com/uncategorized/making-craft-difference/#comments</comments>
		<pubDate>Thu, 09 Jul 2009 22:43:06 +0000</pubDate>
		<dc:creator>Terri</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[crafters]]></category>
		<category><![CDATA[handmade]]></category>
		<category><![CDATA[imports]]></category>
		<category><![CDATA[knockoffs.]]></category>
		<category><![CDATA[Licensing]]></category>
		<category><![CDATA[making a difference]]></category>
		<category><![CDATA[meaningful livelihood]]></category>
		<category><![CDATA[outsource]]></category>
		<category><![CDATA[stay at home moms]]></category>
		<category><![CDATA[work at home moms]]></category>

		<guid isPermaLink="false">http://www.craftbizblog.com/?p=170</guid>
		<description><![CDATA[The two most common complaints I hear from crafters trying to make a living at their art are: They can’t possibly produce enough work by hand to make a living and they can’t compete with the imports and knockoffs. My feeling on the issue of copie-cats is that you aren’t competing with knockoffs. You either  [...]]]></description>
			<content:encoded><![CDATA[<p><span>The two most common complaints I hear from crafters trying to make a living at their art are:</span></p>
<p><span>They can’t possibly produce enough work by hand to make a living and they can’t compete with the imports and knockoffs. My feeling on the issue of copie-cats is that you aren’t competing with knockoffs. You either  market to the discriminating collector who values handmade and is willing to pay you for the time or you license and get paid for someone to mass produce your designs. </span></p>
<p><span>There is another option though, and it answers the “must have more meaning” criteria that so many of us feel is integral to inspired livelihood. Rather than struggle to produce enough product to make a living or seek a licensing agreement to have your work mass produced overseas, what if you were to find a group of people who are either stay at home moms who love crafts and want to do something to keep busy and make a little spending money without leaving their children OR find a group of people in an underdeveloped country who have no industry, training or marketable skills?  Either way, train those people to make your craft according to your designs and techniques, furnish them with the supplies and outsource. If you love to travel, you can tie in a third element . You’ll be visiting a different culture to source and train the crafters (joyful and deductible), you’ll be bringing satisfying gainful employment to people in need and you’ll have enough handmade inventory to make a living. </span></p>
<p><span>Are you already outsourcing your work to stay at home crafters either in your community or around the world? Feel free to comment. We’d all love to hear what you’re doing or what you’d like to be doing to make your craft more meaningful and profitable. </span></p>
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		<title>Why are Your Crafts Not Selling?</title>
		<link>http://www.craftbizblog.com/uncategorized/crafts-selling-2/</link>
		<comments>http://www.craftbizblog.com/uncategorized/crafts-selling-2/#comments</comments>
		<pubDate>Mon, 27 Apr 2009 17:57:34 +0000</pubDate>
		<dc:creator>Terri</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[craft fairs]]></category>
		<category><![CDATA[gift shows]]></category>
		<category><![CDATA[hand made]]></category>
		<category><![CDATA[handcrafted]]></category>
		<category><![CDATA[handmade]]></category>
		<category><![CDATA[sell handcrafted]]></category>
		<category><![CDATA[selling hand made]]></category>
		<category><![CDATA[selling handcrafts]]></category>
		<category><![CDATA[trunk shows]]></category>
		<category><![CDATA[wholesale crafts]]></category>

		<guid isPermaLink="false">http://www.craftbizblog.com/?p=48</guid>
		<description><![CDATA[While the majority of my clients are now reporting excellent sales, I am getting inquiries from other crafters saying they are getting hits on their sites but that their  work isn&#8217;t selling as well as they would like.  Normally I would first evaluate their marketing.  If a site is getting lots of hits but no [...]]]></description>
			<content:encoded><![CDATA[<p>While the majority of my clients are now reporting excellent sales, I am getting inquiries from other crafters saying they are getting hits on their sites but that their  work isn&#8217;t selling as well as they would like.  Normally I would first evaluate their marketing.  If a site is getting lots of hits but no sales, it&#8217;s possible that there is something weak about the site itself, not the aesthetics, necessarily, but likely, the marketing funnel. However, a comprehensive marketing analyses is very time consuming and while I am generous, I am so busy with my paying clients, I can no longer  spend hours with an individual who isn&#8217;t a client. Still, being curious, I couldn&#8217;t help checking out their sites.</p>
<p>We all know that you can make the most gorgeous product but if it isn&#8217;t marketed correctly, it won&#8217;t sell. Likewise, it doesn&#8217;t matter how great your marketing is if you don&#8217;t have something people want to buy.  I know, this is common sense, but there is much more to having a marketable product than its&#8217; being beautiful or functional.  I decided it was time to take a look at what these crafters are making.  Maybe there was a common product factor among those who were not making money with their craft.  Bingo! Those who were reporting slow or no sales mostly had lovely crafts but their products all had one thing in common.<span id="more-48"></span></p>
<p>They were handmade versions of what the importers are selling for a fraction of the price. And yes, I can absolutely empathize with these crafts people. In addition to material costs, they are spending hours beading,  hand knotting and sewing up a storm so they can&#8217;t possibly compete with what the importers are paying laborers in a third world country to knock out similar products. I also understand the American consumer well enough to know that they aren&#8217;t likely to pay several times more for something they perceive as the same item they can buy at the big box stores. Now, you and I know it&#8217;s NOT the same product, and I&#8217;ve spent years supporting and promoting hand made crafts.  I&#8217;ve also spent enough time in retail to know that even buyers of handmade are savvy consumers and are only willing to shell out more money for something green or handmade if they perceive the product as different enough to be worth the increase in price. So, what&#8217;s the solution? </p>
<p>I&#8217;m not advocating your pricing your work like an import, which would be paying yourself about a nickel an hour, and I&#8221;m also not suggesting you have your work produced oversees.  (The latter is an option if you have a design that someone is willing to pay you to license but that is another topic.) </p>
<p>I&#8217;m suggesting you take some time to shop around and do some homework. </p>
<p>Clients are always surprised when they are starting a business selling handmade and I suggest they attend a mainstream wholesale trade show.  It is important to stay current with trends, but that isn&#8217;t the main reason  to attend a gift show. (no, it isn&#8217;t where you would purchase and it isn&#8217;t to get ideas or inspiration.)  What you&#8217;ll find is that even in the so-called handmade section of these gift shows, most of the items are imports. (There are separate venues for strictly handmade in America.) I suggest you walk one of the wholesale gift shows -there are many this summer. You do have a resale license, don&#8217;t you? )  Look for several things:</p>
<p>Most importantly, are there items that look similar to yours (to the untrained eye, of course)  priced such that retailers could at least keystone (double) and sell for significantly less than you price your work? </p>
<p>Is someone knocking off your work? That&#8217;s an issue for your attorney-I am only telling you what you need to be aware of. </p>
<p>Can you tweak your work so that discriminating buyers recognize the value of paying more than they would for the the import? </p>
<p>Do you have your personally &#8220;story&#8221; , a photo of yourself and something about how your work is crafted on your hangtag? Can you sign your work-if it is jewelry, for example, this can be done with a custom silver  logo tag. These can be ordered through a charm company inexpensively. If you are a textile artist, embroider your signature. Do as much as possible to make it obvious that your work is hand crafted. If you sell online, your bio page should be very personal including your story and images of you doing the craft. If you show your work in shops or galleries,  be sure that the staff is well versed on who you are and your method. At craft fairs, trade shows or trunk shows, if there is space, either do demos or have photos or videos of yourself  making your craft.</p>
<p>As always, I just can&#8217;t stop giving you info. but that should get you started on making your craft stand out and increasing your sales.   More tips coming soon&#8230;</p>
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		<title>Demo to Establish yourself as the Expert</title>
		<link>http://www.craftbizblog.com/uncategorized/demo-establish-expert/</link>
		<comments>http://www.craftbizblog.com/uncategorized/demo-establish-expert/#comments</comments>
		<pubDate>Sun, 26 Apr 2009 15:22:25 +0000</pubDate>
		<dc:creator>Terri</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[craft]]></category>
		<category><![CDATA[craft materials]]></category>
		<category><![CDATA[craft supplies]]></category>
		<category><![CDATA[craft tradeshows]]></category>
		<category><![CDATA[crafts]]></category>
		<category><![CDATA[demonstrating crafts]]></category>
		<category><![CDATA[handmade]]></category>

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		<description><![CDATA[One of the best ways to market your craft is to find every opportunity to get your work in front of an audience. This seems obvious, but so often artists hide out in their studio. Some of us, myself included, shy away from the spotlight.  But, to succeed, it isn&#8217;t enough to have your work [...]]]></description>
			<content:encoded><![CDATA[<p>One of the best ways to market your craft is to find every opportunity to get your work in front of an audience. This seems obvious, but so often artists hide out in their studio. Some of us, myself included, shy away from the spotlight.  But, to succeed, it isn&#8217;t enough to have your work on a good website. You need to make an effort to do some in person appearances as well. </p>
<p>How do you go about getting your name and face out there as well as your work? (remember, part of the appeal of handmade is knowing the human behind the work. ) Demonstrating every chance you have will begin to establish you as the expert in your medium. Craft supply stores, galleries, workshops and trade shows are all opportunities to demonstrate your craft. Approach the manufacturers of the materials you use, either in person or by sending them a nice professional looking portfolio with examples of  different techniques for using their products. Offer to make appearances in stores that carry their products, showing both the staff and customers the benefits of using their  products,  and at craft trade shows demonstrating to retailers. Not only will this give you <span id="more-46"></span>some extra cash (the going rate for demos is $45 to $60 an hour) but the main advantage is that your name becomes associated with your medium and you gain expert status. This also can lead to opportunities to do television appearances on craft and home shows as well as writing and speaking gigs. So, get out of the studio and make a name for yourself.</p>
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		<title>Don’t listen to to media. Selling crafts is not typical retail.</title>
		<link>http://www.craftbizblog.com/uncategorized/dont-listen-media-selling-crafts-typical-retail/</link>
		<comments>http://www.craftbizblog.com/uncategorized/dont-listen-media-selling-crafts-typical-retail/#comments</comments>
		<pubDate>Sun, 19 Apr 2009 12:57:39 +0000</pubDate>
		<dc:creator>Terri</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[artist]]></category>
		<category><![CDATA[hand made gifts]]></category>
		<category><![CDATA[handmade]]></category>
		<category><![CDATA[selling crafts]]></category>

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		<description><![CDATA[This past week, the news was full of more doom and gloom about retail closings and mall bankruptcies.  It would be easy to get discouraged, thinking, “If a big department store that’s been in business for generations can’t make it, how will I?”  Well, you aren’t in competition with the big box stores. And if [...]]]></description>
			<content:encoded><![CDATA[<p>This past week, the news was full of more doom and gloom about retail closings and mall bankruptcies.  It would be easy to get discouraged, thinking, “If a big department store that’s been in business for generations can’t make it, how will I?”  Well, you aren’t in competition with the big box stores. And if you’re comparing yourself to them, it’s time for a major mindset shift. </p>
<p><span>Your target customer is the discriminating shopper who wants something unique and handcrafted. Yes, people are being more careful with their dollars now and you have the advantage in that when times are tight, consumers want what they are spending on to be special. They may not be shopping for household appliances right now but when it comes time to purchase a gift or a piece of artwork for their home,  they are making conscious choices and want something they don’t see everywhere.  </span></p>
<p><span>Keep sight of who <span id="more-32"></span>you are and what your work is all about. You are an artist and unless you are not staying ahead of the off-shore knock-offs, you have no reason to be concerned about ‘competition. You have something special that your customers are proud to give. They love to tell the recipient that they met the artist in person-it’s important to know the story behind their purchase. </span></p>
<p><span>Right now it’s more important than ever to have your products “shout” of handmade. Take the time to put hangtags on each piece, identifying it as handmade, maybe even talking about the technique. Include a bio and ideally a headshot.  Remember, it’s the human connection that makes the difference.</span></p>
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		<title>These Crafters ask, &#8220;What Recession?&#8221;</title>
		<link>http://www.craftbizblog.com/uncategorized/crafters-recession/</link>
		<comments>http://www.craftbizblog.com/uncategorized/crafters-recession/#comments</comments>
		<pubDate>Mon, 13 Apr 2009 20:06:32 +0000</pubDate>
		<dc:creator>Terri</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Bogdan reels]]></category>
		<category><![CDATA[cellos]]></category>
		<category><![CDATA[Forbes Magazine]]></category>
		<category><![CDATA[hand crafted]]></category>
		<category><![CDATA[hand made]]></category>
		<category><![CDATA[hand made bicycles]]></category>
		<category><![CDATA[handcrafted]]></category>
		<category><![CDATA[handmade]]></category>
		<category><![CDATA[Labrador Retrievers]]></category>
		<category><![CDATA[Mayo Clinic]]></category>
		<category><![CDATA[Morgan]]></category>
		<category><![CDATA[Vanilla bicycles]]></category>
		<category><![CDATA[violins]]></category>
		<category><![CDATA[Y-lift facelifts]]></category>

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		<description><![CDATA[In the waiting room at the Mayo Clinic yesterday, I picked up a Forbes Magazine. It&#8217;s not typical to see an outdoorsy &#8220;Field and Stream&#8221; looking image gracing the front of a business publication but the  cover of the April 13th edition featured a man with a walking stick surrounded by the most magnificent Retrievers. [...]]]></description>
			<content:encoded><![CDATA[<p>In the waiting room at the Mayo Clinic yesterday, I picked up a Forbes Magazine. It&#8217;s not typical to see an outdoorsy &#8220;Field and Stream&#8221; looking image gracing the front of a business publication but the  cover of the April 13th edition featured a man with a walking stick surrounded by the most magnificent Retrievers. The headline read, &#8220;What Recession?&#8221;. While I am hearing these words from my entrepreneurial friends, it was refreshing to see this in the media. The handsome man on the cover , dog breeder MIke Stewart, was one of six featured entrepreneurs whose businesses are thriving in this economic climate. Stewart has a long list of customers waiting to pay him $12,000 for one of his <span id="more-26"></span>&#8220;finished&#8221; dogs.  Also featured in the article was  Charles Morgan,  grandson of founder HFS Morgan. IN the 100th year of production, Morgan has an 18 month waiting list for the 150,000 Aero 8. Morgan&#8217;s sales are up 14% over last year.   32 year old , Sacha White didn&#8217;t inherit an auto empire. Vanilla bicycle&#8217;s founder started as a bike messenger, saw a need and filled it. White has a 180 unit backlog, a four year wait for his handcrafted bikes which sell for an average of $7000. He says most of his customers are middle class.   Ninety year old Stanley Bogdan and his son Stephen  have  salmon fishermen waiting in line for their handcrafted fishing reels which sell for $1300 to $2300.  Samuel Zygmuntowiczhas a five year backlog for his handcrafted violins and cellos which sell for $53,000 to $90,000 and are played by YoYa Ma and have been called superior to a 1686 Stradivari violin in large venues like Carnegie Hall. Zygmuntowicz says he wants to keep his instruments priced low enough that they are sold to musicians as opposed to collectors. He only produces six instruments a year, despite 15 hour work days.  He says &#8220;you need to understand how the  moves you make today will behave further down the line.&#8221; And while many people are putting off cosmetic surgery, Dr. Yan Trokel says his signature &#8220;Y-lifts&#8221; are in demand. He plans to license other surgeons in his procedure but will keep expansion slow &#8220;within the limits of quality control.&#8221; </p>
<p>How inspiring that all of these entrepreneurs had people waiting in line for very high end products and that these items were labors of love. Four of he six sold hand crafted, labor intensive  items with working parts, something that a Chinese factory couldn&#8217;t knock off because the hand built quality is reflected in the  function.  </p>
<p>So, how are these entrepreneurs thriving in an economic downturn?  A common thread appears to be quality control and supply vs demand. Slow, calculated growth and thinking ahead.. Having a distinctive product, staying small and flexible. Morgan made sure to make few enough cars to not have an inventory glut when the great depression hit. And like his grandfather, Charles is focused on &#8220;efficiency over expansion.&#8221; </p>
<p>What lessons can you take away from these unlikely entrepreneurs? If you are uneasy starting an upscale business in this climate, take it from these entrepreneurs who are thriving in an economic downturn. Decide what what will make your product stand out.  How is what you do different or special enough to be exclusive, to be coveted? Take it slow, make calculated decisions and start now.</p>
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