Lydia Sokol writes
articles on home based craft businesses. She teaches, knits and
Would you like to start a
knitting business and make money from your obsession? It just might keep
you in yarn! If you'd like to try knitting for profit, there are many
possibilities so I've gathered some resources to guide you in creating a
knitting business using your unique skills and interests.
Knitting Business by Assessing:
1. Knitting skills - Can you make just
about any pattern or do you have a favorite scarf or hat that's pretty
basic? Can you knit quickly? If you're going to sell items you knit, you
should be able to produce in quantities. Can you teach knitting or design
your own patterns?
2. Knitting interests - Would you rather
knit and produce items to sell or would you rather have a knitting
business which involves teaching knitting, writing about knitting or
designing patterns. It's important that you love what you do!
3. Find a Knitting
Niche market - Rather than trying to be all things to all people, it's
easier to make a profit if you cater to one niche, or group of people, and
be specific. Would you like to make hypoallergenic baby items? Maybe you
love shawls or you'd like to use only hand painted, hand dyed yarns.
Perhaps you can spin and sell or use your own yarn for knitted pieces.
4. Research your market - Who is your
competition and how do they manage their business. Try to find a knitting
business niche that is popular but where the competition is less.
5. Decide on your
niche, set up a plan and choose your goals - How much money would you
ideally like to make from knitting? Just enough to pay for your personal
yarn stash or would you like to make enough to pay the household bills? It's important to know just what purpose your knitting business will
serve in your life.
Resources for your knitting
If you would like to make and sell your
own knitted pieces, you don't even need your own website. You can create
your own online store at Etsy.com or Artfire.com. They give you the
template and guide you through the process. You can also sell original
patterns or handmade yarn on these online stores but everything must be
How to Create an Etsy Store to
sell your knitting online
How to Create An Artfire Store to
make money knitting.
Artfire.com are very popular with those who like hand crafted items and
these are probably your best bet to begin making money with your knitting.
Keep in mind that it's a good idea to have a dozen or so knitted items to
begin setting up your store. Photography skills are helpful too as you
want photos to post with your pieces.
There is a small charge to list items
and a small fee when your item sells.
Other ways to sell your knitting might
be craft fairs or consignment stores specializing in handcrafted items.
Other Types of Knitting
Write about Knitting
Perhaps you don't
want to get into production knitting but would still like to make money
from knitting. One way is to create a knitting blog and put some affiliate
ads on it. You can recommend knitting books and products through the
Amazon.com affiliate program or a google adsense account, or find your
own companies to represent.
If you'd like to make big money through
your blogging efforts and would like a program to help you do this, I
recommend creating a knitting blog to make money knitting with
The Niche Blogger. The Niche Blogger is a subscription site so you can
set up your blog, or blogs, and then cancel anytime. The Niche Blogger
takes you from step one, day one, through the entire process of creating a
self-hosted wordpress blog. A blog like this will only cost you about $10
a year to keep online.
I had no clue about
blogging for profit and now I have 4 money making blogs on different
topics, all created with the help of the Niche Blogger program. It takes
about 3 months of the subscription to get several blogs online and then
you can either cancel or move on to other ways of making money online
through ebooks or other marketing techniques.
The Niche Blogger can help you choose a
knitting niche topic as well that is most likely to be profitable.
If you have any knitting expertise or
patterns to share, you could also write a knitting ebook and sell it
online. The Niche Blogger program does into exactly how to create an ebook
and market it, I think around month 4-5 of the program.
Create a Knitting Business by
Teaching Knitting Classes
If you'd like to teach knitting, contact
your local craft store, like Michaels or Joanns, or your local yarn store.
Find out if they have a need for a knitting teacher or there is a special
technique that they don't currently offer, that you could teach.
You can also create
knitting podcasts and teach online (again, this is covered in The Niche
There are many reasons to set up a
knitting business. Perhaps you're a stay at home mom and need extra income
or you'd love to make your living as a fiber artist. These tips will help
you decide just how to create your very own knitting business.
Other Resources for starting a
Liz Raad has written
a terrific ebook on Knitting for Profit. Liz also has a helpful
newsletter for those wanting to learn how to make a living from knitting
and sign up is free.