For the home-based business, the handmade card has several advantages. The first advantage is they require a small financial investment.
Handmade greeting cards are low risk. You can easily and cheaply buy enough supplies to actually try out your ideas in the marketplace. For example, If you came up with 20 designs and you wanted to make a dozen of each design to show to stores for feedback, you don't have to print up a 1000 of each card design. You can easily handmake 12 copies of each card without incurring major expenses.
Many supplies can be bought at the local art store or outlets. For example, here are some example costs for creating 20 new cards, a dozen of each card (total 240):
1 box of envelopes (250) an outlet store $10-$15
1 package of cardstock (250 sheets) $10-$15
Cellophane bags (250) $10-$13
Glue (1 small bottle) $3
Assortment of papers/materials $20-$50
Pens, pencils, markers or paints $10-$20
Total $73-$120
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Of course, after you start a full blown card business you're going to incur many other expenses, such as marketing costs, labor, sales representatives and others. But the point I make here is that before you actually invest a lot into the details of starting your business, you will be able to "test out" your ideas first, and possibly adjust them before you make any major financial leap.
Starting a home-based card business does not require a large amount of money, rather it requires "sweat-equity," time and energy. If you have the money to blow, then go ahead. But if you can't take the financial risk, don't go overboard by being tempted to buy things you think you are "supposed to" have. I am an avid believer in keeping things cheap and simple. I am always ask myself "Do I really need this to run the business or am I just giving myself a perk?"
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The one thing I did not skimp on though, was the actual product: the card. I used high quality materials, and was willing to spend what was necessary to make the product the best it could be. Over time, I was able to hire contract labor, buy real invoices, buy business cards, get promotional materials, and pay reps.
See Other Advantages of a Handmade Card Business:
Handmade Card Business Part 1: Financial Investment
Handmade Card Business Part 2: You Change Designs Quickly
Handmade Card Business Part 3: Financial Investment
Handmade Card Business Part 4: More Designs & High Quality
Handmade Card Business Part 5: Higher Retail Price
Handmade Card Business Part 6: Homebased
Handmade Card Business Part 7: Easier for Beginners
Handmade Card Business Part 8: Card & Gift in one
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The Greeting Card Business
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Start and Run a Greeting Card Business From a British author, whose country has a long history of greeting card design, she takes you step-by-step through the process of starting and running your business with lots of useful practical advice to help you, including: - Deciding what type of cards to produce - Finding your market - Dealing with printers - Copyright and licensing - Pricing and profit. Kate's note: Some specs are different (card sizes) since it is UK standards.
5 comments:
As usual, Kate, great advice! Keep it coming for us novices :)
Hello Kate,
This is my first time on your site, great timming for me because I am considering partiscipating in the Nat'l Stationary Show in May. I have a line of cards that I have marketed in my area via Art Shows, and outdoor community markets since 2006; I have also sold them wholesale (small quantities) They have been well recieved and it has been suggested to me many times that I should go to the NSS. What is your advice for a novice. Thanks so much for having this blog.
Alanna
Kate,
Can you advise on protecting my work. The copyright online is very complicated.
Hi Kate,
I'd love to know where you find 250 envelopes or cards for $10-15.00 These must be the 8.5 x 11" full sheets that you need to cut and fold?
Karie
Karie, That's what I did in the beginning (cut them down) but a printer will often sell you cut down paper scraps if you ask them. Maybe knock on some doors.
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