Showing posts with label wholesale. Show all posts
Showing posts with label wholesale. Show all posts

Monday, June 2, 2008

Wholesale/Consignment Tip

Along with many other sellers this summer, I'm not selling a thing! I haven't had a sale in almost 3 weeks now, the longest time ever since I first opened up my shop! So, what to do? Give up? Toss in the towel? No. The answer is, devote my time to other alternatives and opportunities during this slow summer. For me, this means a couple of craft fairs and wholesale/consignment work.

A wholesale wallet orderFor those not familiar, wholesale means you sell a large amount of your items at a reduced price to a store to sell at whatever markup they like. Consignment means you send items to a store along with a list detailing what prices they should be sold at, from which you receive 60% and they receive 40%. Wholesale means upfront payment; consignment means payment when your item sells. I think of consigment as a 24/7 craft show: your item is on display in a shop with lots traffic! I'm going to be doing my first consignment orders this summer.


What I did to jump-start this re-focused attention thing was write up a Wholesale/Consignment Tip Sheet with every item I wholesale, the minimum price required to buy to receive the discount, and its price. The same items are also available for consignment. Next, I visited my Etsy Thread which lists loads of stores who sell handmade goods, along with their locations! (In alphabetical order *ahem* you're welcome!) I clicked on every website (though, if you're really ambitious, you could probably google the ones without websites listed as well) and if the store looked like it fit my target demographic (edgy, funky, alternative) I found their email address and added it to my list. Once I'd compiled all of the stores, I sent out a mass email with a link to my wholesale page and a couple of suggestions (for example, I can make custom wallets: local-themed wallets, political wallets, graphic wallets, etc! I suggested these as a great personalized shop-specific selling item and, surprise, I now have 2 consigment orders for them!) Not all 30-something of the shops I emailed have gotten back to me yet, but I have several new orders to work on and now I don't need to rely on my dead Etsy shop and Website for income.
Earrings for a wholesale order
To make your own wholesale info page, you don't need a website, although it does help (mine was just simple HTML). You can also write up an email in Notepad and copy-paste it into your email provider to send it out to multiple people. Your wholesale tip sheet should include example pictures that showcase your items (I had pictures of previous orders I'd done as well as my best items from each category), prices, and if you have any requirements for wholesale/consignment or feedback from other wholesale buyers, you can include that too. I can't wait to hear back from the other shop owners! And remember, even if they don't order from you right away, you're now in their file of potential sellers!

Saturday, April 19, 2008

Update from my life!


Hey all, I haven't updated too much recently because I've been very busy! I'm currently at HOME on MY bed (that would be Kentucky, as opposed to college) and have been blissfully occupied with my wonderful boyfriend. Go ahead, say it ..... awwwwwwww! School-wise, though, it's almost the end of the semester (about 2 more weeks! Yay!) and business wise, I've got craft fairs coming up! May 3rd, 20th, and June 20-21st. I'm also working on all the neccesary stuff for transferring to Indiana University to get my business degree, including a zillion 2hour drives up there to check it out. Meanwhile (good lawd) I've got my first wholesale jewelry order! 15 pairs of button earrings. Which is great because it challenges me to make new color schemes (I've already got 3 gorgeous new designs!) but sucks because I've run out of buttons ... and I actually need to make 30 pairs (15 for the buyer, 15 for craft fairs and Etsy listings so I'll be able to recreate them later.) *sigh* I'm a busy little bee. Oh, and in more exciting news, I totally hired someone to vamp up my website with zencart! Finally my domain will be put to good use ... I've paid $100 so far to have it sit around doing nothing. SO worth another $50 to get someone else to set it up for me :D Anyway, that's my update from life.