Tasha Margette Reynolds
[mashshare]

Crochet to Cash: The Best Ways to Make Money with Crochet

Hello Makers!  Tasha here!  Today is the day we learn how to turn your crochet into money!  That’s right, cold hard cash!  I’m excited, are you?

 

But first…did everyone have a great Holiday?  I hope so.  I had a great time with family and friends, and my daughter cooked ME Thanksgiving dinner, which was fabulous!  It’s a little hard passing the torch on though, I must admit.  Part of me still wants to jump up and take over the kitchen, but you know what the freedom of passing the Thanksgiving torch onto the daughter means for me?  More time to crochet! lol 😊 Right?  I know you know!

 

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Sooooo, let’s talk about how to make money with crochet.

 

There are soooo many ways you turn your hobby into cash.  You can sell your finished items at craft fairs, start a subscription box, get into yarn dying.  The possibilities are endless and only your imagination can stop you.

 

If you’re like me though, super busy and don’t have time to research it all.  Here is a place to start.

Super Granny Scarf by Cotton Pod

Super Granny Scarf by Cotton Pod

Selling your finished objects (FO’s) to friends & family

 

This is a great way to make extra cash on the side.  Obviously, we all know yarn is expensive so let’s do a little Q & A.

 

So how can I afford to sell my finished work and still produce a quality item that someone will want to wear?

 

Yarn is expensive! (these tips also apply to selling your items online – see below)

 

  • Check out the sales racks at your local craft stores, like Michael’s, Hobby Lobby, and Joann’s. They often discount high-quality yarn for pennies on the dollar when they are trying to get rid of old items.
  • Join a local yarn co-op swap – or start one in your city. This is a great way to meet other crafters and a yarn you may not love; they may find amazing!
  • Create smaller items – coffee cozies, baby hats, baby shoes, slippers, gloves, beanies, headbands, coasters, pot holders, and cowls – these items give you more bang for the buck because oftentimes you won’t use an entire skein to complete them and sometimes you will even get more than one per skein!
  • Yard Sales & Thrift Stores – these are great places to find bundles and bundles of yarn for cheap!

 

 

 

Selling Online

 

Selling online is a great way to get your name out there and gather a following of loyal customers.  The first step is to decide what you want to specialize in.  It’s best to keep a focus on one time of item, like say beanies, or scarves.  For instance, over the years, I’ve watched makers turn into designers in no time by simply focusing on one item, then expanding their reach into patterns (I’ll talk more about selling patterns later).  Here is an example of a well thought out Etsy store by MorThunder.

Hats by Morthunder

Hats by Morthunder

 

She started out selling her items, then after she learned to write patterns, she transitioned into selling those patterns (which is passive income – more about that later).

 

Where do I sell my work?

 

There are so many platforms to sell your FO’s, and I’m sure you’ve heard of a few of them.  Etsy is perhaps the largest platform to sell your finished crochet items.  However, there are more.  Here are some of the more popular platforms…

 

 

The best things to do to start your crochet business online is to:

 

  • Decide what you want to sell (beanies, scarves, gloves, etc, remember to focus on one item at first, you can expand later)
  • Figure out the cost of yarn, fees, and of course your time to make the items
  • Take great photos using white backgrounds or simple wood (think crafty, homey)
  • Market your work (see below)

 

 

How do I get generate sales?

 

That’s marketing.  Where will you market yourself?  Marketing your work is a little bit of a chore, but in the end, it pays off and helps your pockets get a little thicker.  Some of the more well-known platforms for generating sales are..

 

  • Instagram
  • Facebook
  • Pinterest
  • Twitter
  • Reddit

 

I recommend choosing 1 or 2 and focusing on those to grow your business.  The world of crochet is vast and large, but there is always room for another beautiful maker out there.

A good Instagram page can propel you to the level you want to be.  Check out other makers and see how they take photos, and try to just be yourself.  Some tricks to growing your Instagram are to follow / like other makers’ items, communicate via direct messages, and utilize the proper tags.  Emoji’s are always great too!

 

Lucy Cable Cup Cozy Set

Craft Fairs

 

This is a sure-fire way to get your items in the hands of those who want it.  Craft fairs are held locally, and it will take some digging around the internet to find ones close to you.  Like what I mentioned above (about keeping costs down), for craft fairs, you will end up with inventory.  Here are some tips on keeping it all straight:

 

How much do I charge?

 

This is a tough question for most makers because we often tend to undervalue our work, check out the competition and worry that we will not sell the item if we charge what it is worth.  This is where a little research comes in handy.  Here are some tips on seeing a return.

 

  • Again, create smaller items
  • Price them in line with the competition, but sometimes people are looking for quality, so don’t undersell yourself.
  • A general rule is cost x 3 + Labor – but that is often more than what people want to pay, unfortunately.

 

 

Where do I find my local craft fairs?

 

 

  • Search online events on Facebook or local city calendars
  • Contact local churches and schools to see when they are hosting events.
  • This is a great tool to help find local craft fairs too – Festival Net.

 

 

What time of year is best?

 

 

Typically, winter/fall festivals are a great place to sell crochet items, but you can create an inventory that is focused on each season by adding some home décor items, household items, bikinis, and market bags too!

 

 

Teach Classes Locally

 

This is a great way to meet fellow crocheters in the community and pass on the skills you’ve acquired over the years.  It also makes a great impact on your community when you get out there and spread the love through your crochet.

 

Where do I teach?

 

Finding a place to teach can be a little tricky but if you reach out to local venues like churches, coffee houses, and craft co-ops you can find a great community of crafters like you willing to teach and learn together.  Where I live, we have a group called the Five-in-One Social Club.  They host local teaching events and it’s wonderful.

 

Consignment

 

Consignment is a great way to sell your work without being there.  If you are not familiar with consignment, it is where you talk to local shops about showcasing your work in their stores.  They take a percentage of the sales (usually 40-60%) and give you the rest.  You should figure the cost of consignment into your final pricing.  Usually, stores will tack a little on the backend because what you are paying for is the exposure to their clientele who are already interested in a product like yours.

 

Where do I start?

 

  • Search around town for local craft or yarn stores and ask if they do consignment.
  • Check out the yoga studios, clothing shops, and gift shops – the busier the location the better – because you want the most traffic you can get.
  • Get some cute labels from Etsy, or download

 

Creating and Selling Patterns

 

Pattern writing is something that takes some work to master.  It is not impossible.  The best place to start with pattern writing is learning the abbreviations from the yarn council standards.  Here are some tips on learning to write patterns:

 

  • Check out Happily Hooked Magazines format for writing patterns. We’ve perfected it, and when it comes time to submit a design to the magazine, you will already be writing in the proper format.
  • Take notes when you are designing and write everything down, even if it doesn’t seem important at the time.
  • Use a note app on your phone to write the pattern down, this saves time when you must transfer it to a word file.
  • Use an easy to read font – and only white color background which makes it easier to print out.
  • Sell your patterns on platforms like Ravelry, Etsy, & Love Crochet
  • Again, take awesome photos!

 

 

Home parties

 

This is an interesting concept for sure.  It’s always fun inviting friends over and this gives them the chance to see your creations live and in person.  Trying them on to see if they fit, and of course, a little food and wine don’t hurt.

 

Photo Props

 

I have a friend who recently created some props for a local photographer.  She traded the photographer for an entire photoshoot for her family!  However, many local photographers will pay you for your work in cold hard cash!  It’s worth looking into.

 

Turning your hobby into a cash business is both fun and rewarding.  I am in no way saying that it doesn’t take a bit of work, but the benefits of working for yourself is also great.  You can make your own hours and spend more time at home with your family.  It’s a wonderful place to be!   Good luck and if you have any questions, please leave a comment below, we are always here to answer any questions you have!

 

If you haven’t already become a member of our Happily Hooked Community, please head over here and subscribe to the magazine.  You will love it, and there is a community of makers just like you already love it.

 

Thanks for stopping by and Happy Crocheting!

 

 

 

Tasha Margette Reynolds

www.happilyhooked.com

I am a crochet blogger & designer, so happy to be a part of the Happily Hooked Team! In my spare time, I love to roller skate and spend time with my family, and crochet my heart away.

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