If you're interested in beadwork as not just a spare time activity, but also as a potential means of putting money in your wallet, then picking the right assignments to focus on can greatly influence your success or failure. Below are a few of the more common profitable niches inside the expansive activity which is bead craft.
Matched Sets: The result of these beadwork projects is that the niche is fairly less crowded and so, easier to enter compared to other fields. It's one thing to find a set of earrings, but to create a matching outfit is quite an undertaking. Definitely an advanced undertaking, even if the designs are relatively simple. On the plus side, you may generally charge a premium for matched pairs, but this is balanced by the fact that they are slower to create. In order to produce enough for sustainable profits, it is essential that you streamline processes and keep your patterns simple, yet unique.
Ceiling Fan Pull Chains: A smaller, niche collection of beading ideas with great profit potential. Your market is smaller for these products than for jewelry, there is however less competition. Even when using an intricate pattern, these can be created quickly. If your designs are innovative, you may carve out a highly profitable niche for yourself. A heartily recommended "for profit" project!
Naturally, settling on one or more beadwork ideas to make the centerpiece of your "for profit" efforts is only the main story. Once you have decided on the line of projects to pursue, make and perfect your initial designs after which make some inventory for yourself, your efforts will be for nothing if you don't pay an immediate attention to advertising. Something which a lot of novice forgets (or don't understand) is that the finest, state-of-the-art design on the planet is pointless without proper marketing. If nobody knows your line exists, regardless of how much time you've put into it, you will have little, if any achievements and certainly no sustainable profits.
This is probably the great let-downs of numerous hobbyists working to make money with their beading projects. They have a "create it and they will come" thinking, and many put almost no effort into the advertising part of the craft.
Notably if you are just starting out, you can expect to spend as much (or even more) of your time and efforts advertising as you will actually making product.
Your advertising efforts, much like your beading projects, could be as simple or as complex as you care to create them, and may involve any combination of 'net based, local exposure, and hand selling efforts. Your advertising efforts need not be perfect, but they do have to be sustained and focused!
Anybody with a bit of experience in bead craft can turn their beading projects lucrative, but it takes a strategy, persistence, and patience, and don't forget advertising!
Matched Sets: The result of these beadwork projects is that the niche is fairly less crowded and so, easier to enter compared to other fields. It's one thing to find a set of earrings, but to create a matching outfit is quite an undertaking. Definitely an advanced undertaking, even if the designs are relatively simple. On the plus side, you may generally charge a premium for matched pairs, but this is balanced by the fact that they are slower to create. In order to produce enough for sustainable profits, it is essential that you streamline processes and keep your patterns simple, yet unique.
Ceiling Fan Pull Chains: A smaller, niche collection of beading ideas with great profit potential. Your market is smaller for these products than for jewelry, there is however less competition. Even when using an intricate pattern, these can be created quickly. If your designs are innovative, you may carve out a highly profitable niche for yourself. A heartily recommended "for profit" project!
Naturally, settling on one or more beadwork ideas to make the centerpiece of your "for profit" efforts is only the main story. Once you have decided on the line of projects to pursue, make and perfect your initial designs after which make some inventory for yourself, your efforts will be for nothing if you don't pay an immediate attention to advertising. Something which a lot of novice forgets (or don't understand) is that the finest, state-of-the-art design on the planet is pointless without proper marketing. If nobody knows your line exists, regardless of how much time you've put into it, you will have little, if any achievements and certainly no sustainable profits.
This is probably the great let-downs of numerous hobbyists working to make money with their beading projects. They have a "create it and they will come" thinking, and many put almost no effort into the advertising part of the craft.
Notably if you are just starting out, you can expect to spend as much (or even more) of your time and efforts advertising as you will actually making product.
Your advertising efforts, much like your beading projects, could be as simple or as complex as you care to create them, and may involve any combination of 'net based, local exposure, and hand selling efforts. Your advertising efforts need not be perfect, but they do have to be sustained and focused!
Anybody with a bit of experience in bead craft can turn their beading projects lucrative, but it takes a strategy, persistence, and patience, and don't forget advertising!
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