Should You Sell at Art & Craft Fairs? How much we make at fairs and pros/cons.
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- เผยแพร่เมื่อ 27 ก.ค. 2024
- In this video, we share how much gross sales AND profit we made at craft fairs and break down for you all the costs associated with doing these fairs so you can decide if they are right for you!
When I first considered becoming a vendor at these fairs, they seemed intimidating, expensive and time consuming, and I had no idea whether they're worth the effort. After doing various fairs for 3 years, we feel we have a good understanding of the pros and cons.
Obviously you will sell different products than we do, so please take our analysis with a grain of salt and take into consideration your own products, selling strategy and personal preferences. By sharing what we sell and how much we made at these fairs, we hope to help you gather intel on something people don't often share.
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Cathy is a self taught watercolor artist based in Los Angeles, CA. Easy Sunday Club was started by Cathy and her husband Nam and is a collection of Cathy's modern paintings, art prints, and baby/children's soft goods that showcase playful interpretations of subjects in her expressive painting style. Prior to art, Cathy got an MBA and worked in corporate for 10 years and Nam is an attorney. This channel is our way of giving back to the art community and covers Watercolor Tutorials, How To Videos, Product Reviews and the Business of Art.
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Shop: www.easysundayclub.com
Instagram: / easysundayclub
Facebook: / easysundayclub
Patreon: / easysundayclub
Donate/Tip (Paypal): tinyurl.com/y3kkxs54
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A full list of the equipment we use is available at our website here: www.easysundayclub.com/pages/...
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Music: In French (Used w/ Artist Permission)
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Thank you for giving us an idea profit and losses for craft fairs.
I don't think this is a taboo to talk about. A lot of salaries info is open to the public, including presidents, and it's good that you are being open about it so others will know what they are getting themselves into. Thank you for sharing this information!
Thank you for generously sharing your information! I appreciate your casual, down-to-earth presentation.
New subscriber here! Thank you for making this video - incredibly insightful. Appreciate the transparency and sharing your valuable experience! :)
This is really useful as I’ve just signed up to do my first craft fayres this Christmas, thanks for sharing 🙂
Enjoyable and helpful presentation! Will watch some more of your videos.
Love this. thank you guys. I dont know if i can love you guys anymore
: ) Nakeisha any other topics you are interested in hearing about?
@@EasySundayClub As a matter of fact, i would love to hear about invoices, how i can make them (remind me if you have a vid on this) and payment method that are most convenient, and better for shoppers to pay on your website. i hope i am clear on the questions. Thank you
@@nakeishabrown7934 People can pay with credit card or PayPal on my website. Invoicing is more for client work or wholesale orders and that's through my accounting software. Nam is editing a video I just finished on a list of tools I use for my business and we'll release that soon!
I love your channel. I am about to start selling my cards and art, this is very informative.
Thank you best of luck!
Thank you so much for making this video!!!!!!!!
You’re welcome Crystal!!
So helpful! Thanks!
You’re welcome Melissa!
I am going to do my 1st ever holiday craft fair as a teen business owner :) and ty so so much for the video I do watercolor paintings, greeting cards, and Jelwery and this was so much value do you think prints are worth it to bring and sell or just original. I normally make $200-600 on my one-day fairs but there local so makes sense :) New sub!
Good for you for getting out there!! In my experience prints have sold much better than originals, because the fair goers aren’t often in the market for higher price art. It’ll take a few times to test out how many prints to stock, but start with more of your best sellers and tweak as you go. Good luck!
I haven't checked all of your videos yet but one thing that would interest me a great deal is "what are the best ways to "collect emails" from strangers. I have not felt a need for an email list before but now that my interior design, fine art business has expanded to include a micro urban flower farm with dahlia tuber sales, customers would like "through the season information" and clearly the best way to do this is via an email list. As long as I am setting one up, it is the perfect opportunity to also collect stranger's emails. I would love to hear your insights on this topic.
i get nearly 100 emails each time by having a clipboard & noting they will be entered to win a 75$ gift card. I pick 1 winner per day and it's helped tremendously
New subscriber! I love to sell too! We sell art!
Thanks for subbing!
Lowest show I have done is $10 a event I was sooo sad but still not giving up
Oh, What a nice video! I am a super newbie in search for my dream of becoming an illustrator. Your video was very helpful :) I do want to know if there are permits you need to obtain? like a tax permit? do venues require that? do you need to apply to be a vendor? I heard they have to review applications? what would I need to prepare for that? how do you accept payment at these fairs? What is the process like? Thank you! much appreciated!
We’re preparing another video on craft fairs and will answer a lot of these questions. As for permits, the event host usually will tell you if they require a sales permit from you. Other times they may purchase an event wide permit from the city and pass the cost onto you. It really varies by event and venue.
Your profits are your paycheck as a crafter! There's no way for a crafter to pay themselves. Especially when some customers ask you for a lower price on your craft goods. Your crafting for the enjoyment of selling a peice or two. Big retailers are the ones making the big money, not your average crater.
Interesting, but if you paid yourself for your time, then you earned that $800. You really can't disregard it as income from the fair.
Good point 👍
BUT income is not profit and that's the difference. Profit is what you need to grow your business. If you are only earning income, you might as well work for someone else and not have the risk factors.
That said, a loss of $45 could be considered inexpensive advertising costs. Each market connection is advertising your product for future sales through other platforms.
@@EvelynM-vlogs But still, you have not earned that income without being at the fair, so it has to be counted. What you call it is not the point. No fair, no $800.
@@EvelynM-vlogs Yes, thanks for bringing this up. Some people might be misconstruing personal income (money you can spend to support your life) for business profit (money that still belongs to the business). It depends on how the business is structured legally which is a whole other video.
@@EasySundayClub It doesn't matter how the business is set up. As someone who has worked for myself since my mid 20s, I am so aware that people who receive a regular paycheque have no idea that in order to be successful at any business venture, no matter how small or big, there must be money beyond income for supplies, overhead, infrastructure, etc. Just accounting for the supplies previously purchased does not give you the cash flow to purchase onwards, it only stalemates you. Most small business ventures should ask themselves. If I paid someone to sell these items at a farmers market, store, or whatever, will I have money left over? The mistake they factor in is paying the fictitious employee minimum wage. Nope, pay the the fictitious person the salary you would want to pay yourself and then see what is left over. If nothing, it is not a good business plan. That said, if it is excellent advertising that will produce future sales, it is money well spent.
The actual profit is in fact $2558 for the weekend and not $1758. whether you split it into 2 portions or not. it would be different if you were paying someone $800 to help with the stall and then you would only have $1758 left for yourselves; no matter how you look at it you are $2558 richer when you leave the show. I am a regular stall holder and profit is measured by how much money over and above the cost of your stock, travelling expenses, Stall rental, hotel accommodation. the rest is profit. I never pick up for food because I am going to eat anyway not matter where I am. I guess if you want to run as a company and not a sole trader then there might be an advantage tax wise to pay yourself and wage and pay seperate company taxes but as a sole trader the profit is as I have explained.
You’re correct, as a sole proprietor. Our sales flow into our company so we still need to issue payroll and the business net profit would exclude that.
yesss this annoyed me. Thank you
Even your "bad" number sounds great to me.0