Wednesday, October 10, 2012

Holiday Prep for Handmade Business, Part 2: Materials

Last week I took an inventory of my materials.  This can be a dull process, but it must be done.  When holiday orders are coming in, who wants to turn customers away because they ran out of yarn to knit scarves or silver to make necklaces?

Some tips to prepare a Handmade Business for the Holidays:

  • Set aside time to look through your goods now.
  • Which materials are running low?
  • Estimate which of your items will be in demand.  What is generating the most interest? Consider getting extra materials to produce more of that particular favorite.
  • Planning a new piece for your line? The holidays could be a good time to introduce something different to draw in fresh buyers and bring back previous customers.  What supplies are necessary to create this? 
  • Don't forget about office supplies: tape, printer ink, labels, business cards, pens, etc.   
  • Make a detailed list of needed items and, when possible, a notation of where to purchase.
Getting that order for materials in now means that you can price compare.  Who will give you the best deal? Do you have any discount codes to use before they expire at year's end? Ordering early eliminates the need to pay extra for rush delivery to your shop. You'll have time to wait for standard shipping. Finally, if anything is on back order, you have a head's up to plan for this inconvenience.

Read an earlier post on preparing for holiday shipping here.

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