Did you know that you can make money knitting?
In fact, you could start a full-scale business knitting for profits. Read my review here to find out more about the ins and outs of going into this sort of business and knitting for profit.
Although it is difficult to make a lot of money selling hand knitted items, it is possible to make money knitting with a bit of thought and savvy.
It is quite time-consuming to knit a handmade item, so you need to, first of all, assess the cost of your materials, and then work out how many hours you spent making the item and charge accordingly.
Of course, it is going to work out that your handcrafted knitwear is going to cost a lot more than the shop down the road who imports lower quality garments but at a cheaper price.
So the best thing to do if you love knitting, and you want to make money knitting is to find something original to make.
Make sure that it is a work of art, and only you must be doing this. It mustn’t be something that you can buy in any shop and must be highly desirable.
You could also look at the area you live in and what type of knitwear people will need for that area.
For instance, if you live in a fishing village you would do well selling tough and warm sweaters with a zip up front, whereas in a warm climate you might do very well selling thin lacy short sleeved tops. Lacey tops are relatively quick to knit by hand.
Wear your creations yourself, so people ask you where you got them, and you can tell them it is only available from you at a price.
People are willing to pay for something unique that nobody else has, or even something that will be super practical to them.
If you do this on a large scale, you would need to source good quality wool and materials at low prices in order for your profit margin to be bigger. If you got a lot of orders, it would also be well worth your time to hire a knitter or two to help you.
I know of people who have come up with a great knitting design and ended up selling their items to high-priced boutiques. People are always willing to part with their hard earned cash for a good piece of artful clothing.
What Can I Knit?
Here there are just so many options to try if you want to make money knitting. Here are a few examples:
- Kids Toys
- Coat Hangers Covers
- Booties and Mittens for Babies
- Neck Warmers
- Pretty Dishcloths
Or you can even try this cute cow.
Speed Up The Process
Now the next option to make money knitting, if you seriously want to go the whole hog, is to invest in a good knitting machine. These machines are designed to churn out lovely items in next to no time at all in comparison to how much time it would take to hand knit the same item.
This seriously takes the joy out of hand knitting, but if you want to profit from your knitting then a knitting machine is the answer.
Trusting that this article gets you closer to your goal of knitting for money. Please feel free to share your comments below.