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Can you make money crocheting?



Image by wal_172619 from Pixabay

I read on a lot of Facebook crocheting groups, if it’s possible for people to make money crocheting? 

The simple answer is yes! 

The more thought out answer is, how much can you make an hour? How much are you looking to make? A full time wage or some extra cash on the side that you don’t need to rely on for bills etc. maybe you want some fun money or money to save for something like a holiday. So think about what you want to use the money for? Then work out if your time is worth the money that may come in from crocheting? If you need money that you rely on for bills, it might be better to look for work that you may receive a higher sum from. 

You can easily work out your hourly rate. So how much is your yarn and may be even the pattern (if you are buying one). This is your cost outlay. You may even be paying for an online store such as Etsy or eBay. 

Now work out how long it takes you to crochet something. It could be two small objects in one hour. Now work out how much you need to sell the two items to cover your cost outlay and then profit. 

For example: Say you charge $20 for two items that take 30 minutes to crochet each. You buy one $2.50 yarn. That is your cost outlay. You sell on Facebook Marketplace which is free. You take $2.50 from $20. Totalling $17.50 in profit. Obviously you need to put some money aside for tax and that tax rate will depend on what country you are selling from. 

Also you need to consider, what can you make that you will sell lots of? Which is all part of the fun. Sometimes we don’t know what will sell until we sell it. So my suggestion would be to make small crochet items, medium and large.

Next is pricing. Some people find they can crochet and sell items for a very good price. Others find, they can sell a small item they crocheted that took 30 minutes to put a price tag on for $5. 

Pricing also takes time to work out what people will pay for craft. 

And then of course you need to work out where you are going to sell it? 

Like the markets and have your own stall. To selling on Facebook marketplace and other online stores. I have started crocheting in bulk. So recently I posted 20 crochet suns and received nearly 2,000 views to the sale item. So sometimes selling in bulk is a good idea, so people can give them to a whole class at Christmas time or even give them out at a workplace. 

Selling in bulk means you start to get very familiar with the pattern and crocheting the object. So they all look similar size and shape. Also, you can make a large sale instead of 20 individual $5 sales. 

There are other ways to make money selling crocheting such as digital products, like if you are savvy creating your own crocheting patterns, you can sell your patterns online through stores such as Etsy and even online book stores such as Smashwords. 

I hope this helps you on your journey in crocheting. I also cover this in my ebook, the journey of crocheting for beginners. But your own copy here:  https://www.smashwords.com/books/view/1808619

#crocheting #makemoney #meltoye

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