Handicraft Supplies
A friend has ventured into a new business by supplying her handicraft to a gift shop in the city. My friend in not new to crafting but this year, she decided that she is good enough to ear a living from her skills. I have to say that she is really creative and talented with her fingers and needles. As for me, I poke myself more than I stitch!
This friend told me that although she could earn some pocket money by supplying her completed work to a “seller”, she needs to start buying her crafting and sewing supplies in bulk so that the overall cost of her finished product is lower. From what I understand, the seller will only pay her portion of profit when her items are sold. no wonder she is looking to lower her holding cost.
I know of this company, MH industry from China, that exports crafting material like yarn, thread, ribbons, beads, fabric to crafting shops around the world.
My friend may not run a crafting shop now but if she has a large enough order for her handicraft, she could purchase her material in bulk.
Maybe in time, she could even set up her own store selling both her own handicraft work and crafting material to hobbyists.