Gone are those days when only grannies loved to knit.
Guess what? This old-fashioned and “forgotten” hobby is back in the game, and you can actually make money out of it!
Forbes said that knitting is now a cool activity for young people since the coronavirus pandemic hit the world in early 2020. Though many knitting fans are afraid they can’t make money from their hobby, they should start to change their mindset about knitting now. In fact, even amateurs can make additional income after learning the basics and get started knitting beautiful pieces – from the simplest to trendy garments.
You’re going to knit anyways, so why not turn it into a source of extra income?
Ways to Earn Money With Knitting
1. Sell your Knitted Items Online
Though it does not take overnight to sell your knitted items, take advantage of the goodness of social media to introduce your handcrafted products. For instance, make a Facebook page and start inviting your friends, family members, and people that you know to like your page. You may even ask them to share it with their friends, loved ones, and co-workers to expand your network. Other online platforms to market your crafts are:
- Blog (if you already have one, use it to sell your products)
Though you can use these platforms to reach out to your potential customers, keep in mind to make your products unique, useful, and creative in order to sell.
2. Sell your Knitted Items Offline
You can start by selling your handmade items to the people you know. If you knit a beautiful piece of garment like a scarf, then you can offer it to your friends with a discount, and they may recommend you to their friends and family. You can also sell at craft shows or craft fairs. Find dates and venues for these events in your local area or depending on how far you’re willing to travel. Normally, you have to contact the organizers for pricing. It shouldn’t be difficult to connect to them or get to the area, but you have to do your own research. This could even be excellent market research where you speak to people and ask what they like. It could also be a great chance to get an idea about prices. Do they seem interested when you tell them the cost? Are they surprised?
Along with these, selling to local or retail shops is another way to generate money from knitting. One of the benefits of wholesale is you can receive huge orders. But you don’t earn as much profit per purchase since the stores usually take a huge percentage of the price, so ensure to think about it if you would like to go wholesale.
3. Sell your Patterns and Designs Online
Before selling a pattern or design, you have to come up with an idea first. Think about something valuable, beautiful, and would teach a knitting fan a new skill. As soon as you have an idea, make it. Be sure to take notes as you go. After you’ve worked out the sample, write down in sequential order the exact instructions on how to recreate it until the smallest detail. Review your pattern and edit whatever is required to change. Then go online and list down your design as for sale. Here are some platforms you can use:
- In your blog
- On somebody else’s blog, if you can
4. Other Ideas
- Write articles about knitting (eBook, book, workbook)
- Be a tutor for somebody
- Offer your knitting services to a yarn company
- Sell yarns
Are you looking for unique yarns for your projects or business? Check out Darn Yarn. They have a wide selection of yarns, including brightly-colored Sugar Bush Yarns and Emily yarn. If you’re looking for something unique from Canadian mills, they also supply Celtic Raven Fibres. See here to know more about their products.