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Saturday, June 20, 2009

How Do You Create and Sell Kids Craft Kits While Based at Your Home?

If you are the type of a person who enjoys working with their hand and like the thought of teaching kids new skills, then this business

undertaking is yours. It is a real money minting endeavor. Here is how to do it.

Instead of selling a completed craft kit for your kid, sell the materials to do so. These should be materials included , ready –to –make craft kits. These seems to very sell well though they may not necessarily be geared towards kids. Now-a-days crafts using wooden thread spools have seen a rise in demand. In fact, they are very popular especially with kids.

You should always remember that the more a craft is difficult, you should give full or write the assembly instructions to aid your clients. Before you start selling your handiwork, you should keep the below factors into consideration for your business to be successful.

Pricing

If you are going to sell crafts for ensure it is fairly priced at the same time consider to keep your price at least four times more than your production cost to break even and make a profit.

Marketing

For any business to get it shares of customers, marketing should be an integral part of it. Make sure you thoroughly advertise your products on the local media like the newspaper (both paid and free) radio stations and others. This will, tell alert your potential clients as to your product range. Write a story about why they should purchase your crafts as normally kids love stories. They will force their parents to buy your crafts due to the stories attached to them.

Another great way of marketing is advertising is through creation of flyers for your local community bulletin boards.

Lastly, talk to the representatives of your local craft stores with the aim of introducing your crafts as an item in their stock inventory. This normally works magic and you will see orders for your product triple within a very short period of time. A craft that can be packaged as a kit will always surpass any which is not, when stacked together in a craft shop. So, always ensure you do this if you want your sales to improve dramatically, you will be selling volumes you have never dreamt about.

By Freddy Ngiam, Founder & CEO of www.1homebusinesshub.com.