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#1
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business
Hello :-)
I've been beading for some time, and have sold completed items, so my work can't be all that bad. Due to a change in circumstance, I'm seriously considering making beads more of an income generator for me. I don't necessarily want to only sell completed items, but also want to sell beads, tools etc. I figure my options are to open a shop (lot of expenses - rent, rates, gas, etc, and very inflexible as far as having to be there most days), open an eBay shop (flexible, affordable, but a lot of competition for the items I want to sell), sell online (flexible, affordable but again lots of competition, and also would need to drive traffic to my site, whereas eBay has pretty high traffic on it's own), or market stalls ( affordable but again would require a committment every week - I think it takes a few appearances before people know you're there). There's also the option of learning a skill such as lampwork or polymer clay, but it would take quite some time to get skilled enough to have something of quality to sell. I'd appreciate any other comments re my business options. Have you/do you sell in such ways and are there any pros/cons that I'm not noticing? I guess if I do this then I may end up in competition with some of you, but I feel the bead market is huge, and there's enough business for all of us. Thanks Rose |
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#2
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business
OK, I'll bite.
Having been a 'resident' of some moderated business newsgroups for a lot longer than having anything to do with beads, from that angle: First of all, it may very much depend on where you are what your best choice is. From you IP address I found that you're in Australia, but that doesn't tell me or any of us what kind of surroundings you're in. Big town? Tourist resort? or, on the other end of the spectrum, in the boonies? The direction that's best for you (other than personal preference) may depend on that. If you start a business and want to make a living at it that takes commitment, and probably more than a 40 hour week, at least where I am. I can also confirm that market stands take a while to catch on, and if you're not in an area where you have a lot of jewelry/bead customers you may end up selling a lot of something else - if you have something else, in my case plants, fruits and sometimes other produce and dried herbs. And then, why beads/jewelry? Do you _want_ to turn what was a hobby into a 60 hour/week committment? We had a thread discussing when or whether to make that jump not too long ago here in r.c.b., you can look it up at google. HTH, Maren full time low level programmer at a telescope in my day job as well as Palms, Etc.: Tropical Plant Seeds - Hand-made Jewelry - Plants & Lilikoi http://www.jach.hawaii.edu/~maren/palms_etc/ rose wrote: I've been beading for some time, and have sold completed items, so my work can't be all that bad. Due to a change in circumstance, I'm seriously considering making beads more of an income generator for me. I don't necessarily want to only sell completed items, but also want to sell beads, tools etc. I figure my options are to open a shop (lot of expenses - rent, rates, gas, etc, and very inflexible as far as having to be there most days), open an eBay shop (flexible, affordable, but a lot of competition for the items I want to sell), sell online (flexible, affordable but again lots of competition, and also would need to drive traffic to my site, whereas eBay has pretty high traffic on it's own), or market stalls ( affordable but again would require a committment every week - I think it takes a few appearances before people know you're there). There's also the option of learning a skill such as lampwork or polymer clay, but it would take quite some time to get skilled enough to have something of quality to sell. I'd appreciate any other comments re my business options. Have you/do you sell in such ways and are there any pros/cons that I'm not noticing? I guess if I do this then I may end up in competition with some of you, but I feel the bead market is huge, and there's enough business for all of us. Thanks Rose |
#3
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business
Thanks Maren. I'll have a search on Google for that thread. Just figured if
I'm going to be doing something to earn a dollar, it might as well be something I enjoy. Rose wrote in message ups.com... OK, I'll bite. Having been a 'resident' of some moderated business newsgroups for a lot longer than having anything to do with beads, from that angle: First of all, it may very much depend on where you are what your best choice is. From you IP address I found that you're in Australia, but that doesn't tell me or any of us what kind of surroundings you're in. Big town? Tourist resort? or, on the other end of the spectrum, in the boonies? The direction that's best for you (other than personal preference) may depend on that. If you start a business and want to make a living at it that takes commitment, and probably more than a 40 hour week, at least where I am. I can also confirm that market stands take a while to catch on, and if you're not in an area where you have a lot of jewelry/bead customers you may end up selling a lot of something else - if you have something else, in my case plants, fruits and sometimes other produce and dried herbs. And then, why beads/jewelry? Do you _want_ to turn what was a hobby into a 60 hour/week committment? We had a thread discussing when or whether to make that jump not too long ago here in r.c.b., you can look it up at google. HTH, Maren full time low level programmer at a telescope in my day job as well as Palms, Etc.: Tropical Plant Seeds - Hand-made Jewelry - Plants & Lilikoi http://www.jach.hawaii.edu/~maren/palms_etc/ rose wrote: I've been beading for some time, and have sold completed items, so my work can't be all that bad. Due to a change in circumstance, I'm seriously considering making beads more of an income generator for me. I don't necessarily want to only sell completed items, but also want to sell beads, tools etc. I figure my options are to open a shop (lot of expenses - rent, rates, gas, etc, and very inflexible as far as having to be there most days), open an eBay shop (flexible, affordable, but a lot of competition for the items I want to sell), sell online (flexible, affordable but again lots of competition, and also would need to drive traffic to my site, whereas eBay has pretty high traffic on it's own), or market stalls ( affordable but again would require a committment every week - I think it takes a few appearances before people know you're there). There's also the option of learning a skill such as lampwork or polymer clay, but it would take quite some time to get skilled enough to have something of quality to sell. I'd appreciate any other comments re my business options. Have you/do you sell in such ways and are there any pros/cons that I'm not noticing? I guess if I do this then I may end up in competition with some of you, but I feel the bead market is huge, and there's enough business for all of us. Thanks Rose |
#4
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business
Word of caution: you probably know that there's a lot more to business
than production. I don't know how these things work in Australia, but I assume that record keeping and tax issues, while different in detail, are in principle the same as in other places. I just got through filing excise tax returns here in Hawaii (our form of sales tax), and while it really isn't a lot of work and fairly straightforward I still hate it. - and there's upsides and downsides to each way of conducting business. I sat (under a tent) in the pouring rain for 6 hours last Sunday at my Farmer's Market stand, and there were more vendors than customers (of course just about everybody who had actually made it to the market of the customers bought at least something from somebody. You don't get browsers in bad weather). If you do eBay or a web site you won't have to sit in the rain but you'll have to do packing and shipping. - I for one would be interested to know what you decide and how it works out for you. Aloha, Maren Palms, Etc.: Tropical Plant Seeds - Hand-made Jewelry - Plants & Lilikoi http://www.jach.hawaii.edu/~maren/palms_etc/ rose wrote: Thanks Maren. I'll have a search on Google for that thread. Just figured if I'm going to be doing something to earn a dollar, it might as well be something I enjoy. Rose wrote in message ups.com... OK, I'll bite. Having been a 'resident' of some moderated business newsgroups for a lot longer than having anything to do with beads, from that angle: First of all, it may very much depend on where you are what your best choice is. From you IP address I found that you're in Australia, but that doesn't tell me or any of us what kind of surroundings you're in. Big town? Tourist resort? or, on the other end of the spectrum, in the boonies? The direction that's best for you (other than personal preference) may depend on that. If you start a business and want to make a living at it that takes commitment, and probably more than a 40 hour week, at least where I am. I can also confirm that market stands take a while to catch on, and if you're not in an area where you have a lot of jewelry/bead customers you may end up selling a lot of something else - if you have something else, in my case plants, fruits and sometimes other produce and dried herbs. And then, why beads/jewelry? Do you _want_ to turn what was a hobby into a 60 hour/week committment? We had a thread discussing when or whether to make that jump not too long ago here in r.c.b., you can look it up at google. HTH, Maren full time low level programmer at a telescope in my day job as well as Palms, Etc.: Tropical Plant Seeds - Hand-made Jewelry - Plants & Lilikoi http://www.jach.hawaii.edu/~maren/palms_etc/ rose wrote: I've been beading for some time, and have sold completed items, so my work can't be all that bad. Due to a change in circumstance, I'm seriously considering making beads more of an income generator for me. I don't necessarily want to only sell completed items, but also want to sell beads, tools etc. I figure my options are to open a shop (lot of expenses - rent, rates, gas, etc, and very inflexible as far as having to be there most days), open an eBay shop (flexible, affordable, but a lot of competition for the items I want to sell), sell online (flexible, affordable but again lots of competition, and also would need to drive traffic to my site, whereas eBay has pretty high traffic on it's own), or market stalls ( affordable but again would require a committment every week - I think it takes a few appearances before people know you're there). There's also the option of learning a skill such as lampwork or polymer clay, but it would take quite some time to get skilled enough to have something of quality to sell. I'd appreciate any other comments re my business options. Have you/do you sell in such ways and are there any pros/cons that I'm not noticing? I guess if I do this then I may end up in competition with some of you, but I feel the bead market is huge, and there's enough business for all of us. Thanks Rose |
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