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How to Reduce Craft Show Costs
by Natalie Goyette
It's not always easy. You have to be creative with how you pare your craft show costs
down. That's what I'm going to help you with. I think there are four main ways you can do
this, without sacrificing the quality of your craft, nor affecting the overall sales.
1. Buy in bulk - You do it for your groceries in order to save a few pennies, so why
not on your craft supplies? If you are buying pipe cleaners (for example) and you only
need 10, it might cost you $2 - because you are paying for nice packaging and the
convenience of only purchasing 10. But, if you bought 100, in a dull cardboard box - you
might pay $4. The individual cost for the first 10 is $.20 each; the individual cost for
the 100 is a measly $.04. All of a sudden you have dropped your cost by $.16 cents on each
craft. That's smart business.
2. Less frequent trips - We live in an instant gratification world. If we need
something right now, we go and get it. It's no different when you need a couple of things
for a few crafts that are unfinished. We often take for granted that there is fuel in the
vehicle and that we can travel across the city to the specialty craft store that carries
our supplies. What we don't realize is that each time we pull the vehicle out of the
garage, it costs us money.
If you are going to go out for just a couple of supplies, why not take stock of all of
your craft supplies and see if you are near empty on a few other ones? By doing it all at
once, you are going to save a great deal of time and money - reflected in your craft show
business bottom line.
3. Reduce and reuse - Reduce the amount of waste you create with your craft show items
and you are most certainly going to cut down on the costs of producing them. Similarly,
try to reuse some of the tools or supplies that have previously gone unused. Be creative -
find ways to make a little go a lot further - without sacrificing quality for your crafts.
4. Plan - If you take the first three steps and put them together, what do you have?
That's right - it is a craft show plan! By planning how, when and how much, you are going
to give yourself a chance to make good decisions and reduce the cost of producing your
crafts. Those without a plan are going buy less, spend more, travel more, and likely in
the end waste more. That is not a way to run a successful business.
Each penny you can save when you are making your crafts is a penny that is back in your
pocket. If you can reduce your costs by $1 for each craft, and you sell 100 crafts, that
is $100 extra dollars in your jeans. All of a sudden, reducing costs seems well worth the work.
Natalie Goyette shows you how to make your craft show business profitable in her best
selling ebook: Craft Show Success Secrets. Visit her site:
www.craftshowsuccess.com
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