Do you recall those days when only grannies loved to knit?
Guess what? This classic and “forgotten” hobby is back on track, and you can actually make money out of it!
According to Forbes, knitting has become an excellent activity for young people since the coronavirus pandemic forced people to stay at home in early 2020. Though many knitting enthusiasts are afraid they can not make money out of this hobby, they should probably start changing their mindset about knitting now. In fact, even amateurs can earn additional income if they learn the basics and start knitting creative pieces – from the easiest to fashionable garments.
You’re going to knit anyway, so why don’t you turn it into a source of extra income?
How to Make Money With Knitting?
1. Sell your Knitted Items Online
While it doesn’t take overnight to sell your knitted masterpieces, you can turn to social media to introduce your products. For instance, make a Facebook page and start inviting your friends, family members, and people you know to like your page. You can also ask them to share it with their own friends, loved ones, and colleagues so you can expand your community. Other sites to market your crafts are:
- Blog (if you already have one, use it to sell your crafts )
While you can use these platforms to reach out to your potential customers, keep in mind to make your items unique, valuable, and creative to sell.
2. Sell your Knitted Items Offline
You may start by selling your handcrafted items to the people you know. If you knit a beautiful piece of garment like a scarf, you can offer it to your friends at a discounted price, which they could recommend to their family and friends. You can also sell at craft shows or craft fairs. Find dates and venues for these events in your local area or depending on how far you are willing to travel. Normally, you need to speak to the organizers for pricing. It should not be difficult to contact them or reach the area, but you must do your research. This could even be excellent market research where you can talk to people and ask what they like. It could also be a perfect opportunity to get an idea about prices. Do they seem interested when you tell them the cost? Are they surprised?
In addition, selling to local or retail shops is another way to generate money from knitting. One of the pros of wholesale is you can receive huge orders. But you don’t earn as much profit per purchase since the stores usually take a large percentage of the price, so ensure to think about it if you would like to go wholesale.
3. Sell your Patterns and Designs Online
Before selling a pattern or design, you need to think of an idea. Create something useful, nice, and can teach someone a new skill. Once you have an idea, make it. Remember to take notes as you go. After you’ve worked out the sample, write down in sequential order the exact directions on how to recreate it until the smallest detail. Review your pattern and edit whatever is needed to change. Then go online and list down your design as for sale. Here are some platforms you can use:
- In your blog
- On somebody else’s blog, if you can
4. Other Ideas
- Write articles about knitting (eBook, book, workbook)
- Teach knitting to others
- Offer your knitting services to a yarn company
- Sell yarns
Are you on the hunt for high-quality yarn products like the Celtic raven design? You might want to check out Darn Yarn. They have a wide selection of unique and colorful yarns for your projects or business. Click here to see more of their products. Or visit their website if you are interested to know more about dyeing yarn.