Knitting For Profit: How to Price Knitted Items

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  • čas přidán 8. 09. 2024

Komentáře • 40

  • @cheryl-lynnmehring8606
    @cheryl-lynnmehring8606 Před 4 lety +10

    "Value who you are and what you have created!"
    I love the message!! Thanks so much for the info, would not have thought of all of those angles!

    • @KnitWithHannah
      @KnitWithHannah  Před 4 lety

      So glad this was helpful Cheryl... yes pricing can be a difficult hurdle, but get it right and you're in business!
      Happy Knitting. :D

  • @ReinaDivaUK
    @ReinaDivaUK Před rokem +2

    Hi Hannah! I’ve been knitting garments for myself for a few years and have been seriously considering starting my own knitwear business very recently.
    I got pretty overwhelmed when I started considering how much to sell my work for and this video totally put it me ease as you broke down the key points in a way I could understand as a knitter.
    Thanks so much for your advice, highly valued and appreciated! ☺️

    • @KnitWithHannah
      @KnitWithHannah  Před rokem +1

      So glad you found this supportive - you can do it! Happy knitting! 🧶

  • @evelynsnieder2044
    @evelynsnieder2044 Před 4 lety +4

    very intelligent and thought out tips. Hannah sounds like she really knows what she is talking about.

  • @feelslikehomeknitting
    @feelslikehomeknitting Před měsícem +1

    I am definitely concerned about what people will think about my prices! And I haven’t even started yet 😅

    • @KnitWithHannah
      @KnitWithHannah  Před měsícem

      It can take time to realise how you and others value your handmade creations. A lot of pricing is about where and how you are presenting your finished knits too. Take a look at some fairs and visit some too, to get a feel for the kind of place your knits would feel at home and appreciated to their full value.
      Happy knitting and enjoy the journey! 🧶

  • @TheHootingPirate
    @TheHootingPirate Před 5 lety +4

    So helpful!! We tend to forget all the expenses that go in to making and selling that we need to consider when pricing!

    • @KnitWithHannah
      @KnitWithHannah  Před 5 lety

      Yes, there's quite a lot of things that can easily be forgotten.

  • @carmelavicaria7129
    @carmelavicaria7129 Před 3 lety +3

    I have just come across your tutorial,thank you very much for your knowledge . I have been wanting to sell my crochet,and knits for a while now but didn’t know where to start

    • @KnitWithHannah
      @KnitWithHannah  Před 3 lety

      That's great! It just takes a few first steps and you'll be selling in no time - this recent workshop will help put some foundation plans in place too: www.crowdcast.io/e/3-secrets-to-selling

  • @user-cj1ss7lj5d
    @user-cj1ss7lj5d Před rokem +1

    Another brilliant video Hannah! I do knit but mainly crochet blankets and they are a nightmare to price. People either tell me I am undercharging or, as one woman at a big event in Milton Keynes told me, you'll never sell it at that price! I also make jewellery and that, again, is a whole different ball game!

    • @KnitWithHannah
      @KnitWithHannah  Před rokem

      Yes, there are so many opinions from customers, stick with your prices that you set with care. happy knitting (and crocheting!) 🧶

  • @jeannedawson2868
    @jeannedawson2868 Před rokem +1

    Thank you! This video is very helpful!

  • @sjlees
    @sjlees Před 4 lety +1

    I'm just starting (been knitting for years since i was a kid but now have a retail business and too much wool to make stuff for my self) i often start really well then talk self out of it; trying to focus on online sale with baby / kids and dog items

  • @naneebizet1463
    @naneebizet1463 Před 4 lety +1

    thanks a lot Hannah ; youy talking is clear and sensible.The thing is how to find customers ready to pay for my knitting which includes all what you say : spécialized craft fair or else ? Thanks a lot I take yoyr devices into account for the niches for example. Excuse I'm french and I do my best in english I subscribed to your channel

    • @KnitWithHannah
      @KnitWithHannah  Před 4 lety

      Yes, as soon as you start preparing your niche and setting your pricing standards you'll find the customers. It's amazing how putting these boundaries in place can open our eyes to opportunities, such as the craft fairs that you suggest.

  • @jolawton9626
    @jolawton9626 Před 4 lety +1

    Thank you for your videos. A complex pregnancy followed soon after by lock down has given me the chance to fine tune my knitting skills. I mostly knit for my baby and friends having babies. But my baby is coming up for 6 months and hubby says she’s the last. Lol. We have 5. I love knitting and don’t want to stop so thought it might be time to get out there and share with the world. Hopefully turn a bit of a profit or at least keep myself in knitting supplies. Lol.

    • @KnitWithHannah
      @KnitWithHannah  Před 4 lety +1

      It’s certainly a great time to fine tune those knitting skills! Hope you’ll be there on Sunday when I go live! 🎥

    • @jolawton9626
      @jolawton9626 Před 4 lety +1

      Knit With Hannah Can be tricky with the family but I will certainly try. What time do you go live?

    • @KnitWithHannah
      @KnitWithHannah  Před 4 lety

      It’s set for 4.15pm, UK time. 😍

    • @jolawton9626
      @jolawton9626 Před 4 lety +1

      That could be problematic but will try. Will it be available to watch again if I don’t make it?

    • @KnitWithHannah
      @KnitWithHannah  Před 4 lety

      It will be up as a replay here on my channel, yes. And join my email list for an email reminder.

  • @patriciaruskauff4877
    @patriciaruskauff4877 Před rokem +1

    Ho Hannah. Just starting to knit to sell

  • @joanfordham1305
    @joanfordham1305 Před 2 lety +1

    Very helpful I used to sell beanies for charity but the yarn would cost about£3 and the charity were charging £2 each so the customers were my charity 🤣

  • @kennethwaynegoode
    @kennethwaynegoode Před 5 lety +3

    Hey Hannah I love your channel Its helped me a lot I was wondering are there any websites you can recommend me to sell my knitting on? Or any tips you can give me to get my name out there?❤️❤️❤️❤️

    • @KnitWithHannah
      @KnitWithHannah  Před 5 lety

      Hi Kenneth! If you're looking to learn more, definitely make sure you've watched all of the Knitting For Profit playlist: czcams.com/play/PLnqw36aiAI0jizLRmwtTRc-In31R9ohMH.html
      And then to sell your knitting a lot of the decision will depend on where you live in the world and what the final product is. Some knitters will get enough exposure on Instagram and find posting photos of their final pieces creates sales through DMs. Other's will prefer sending customers to a shop like Etsy or Folksy, or a self-hosted website that can be built with Shopify. For all of these you need to be taking the customers to the shop, with social media, or making people in your local area aware of your new venture.
      I do have a free training, which can help give you more ideas. It was also promoting a Mastermind that I'm running right now, but feel free to sign up for it, you'll find the link here (ignore the date, you can still watch it!)... knitwithhannah.co.uk/pks-3-secrets
      Happy Knitting!

  • @veolasutherland413
    @veolasutherland413 Před 5 lety +2

    Should I make the items ahead and store them or make them as the orders come in?

    • @KnitWithHannah
      @KnitWithHannah  Před 5 lety +1

      Hi Veola! I'd say this depends on a few things. Firstly how you'd feel more comfortable selling the items, you might decide that you can't commit to definitely having time to knit if you work with only commissions, but it might also be a dream of yours. Also there's how much you're willing to invest on yarn and other materials as you start out. And I'd always suggest making samples first to get feedback that you can use for further sales. Of course, choose wisely when deciding on those you ask feedback from. I go into this deeper in the Profitable Knitting Course, (link in comments) so that may help you further. Good luck, and Happy Knitting!

    • @veolasutherland413
      @veolasutherland413 Před 5 lety +1

      @@KnitWithHannah Thank you.

  • @harmonyln7
    @harmonyln7 Před 3 lety +1

    Although it takes me so long to hand knit an item, I get people only looking just at the price, so my own family members say my work is too expensive.

    • @KnitWithHannah
      @KnitWithHannah  Před 3 lety +2

      There are three options here:
      Firstly lower your material costs, if you’re knitting enough you can start getting wholesale yarn, but otherwise I wouldn’t advise this option.
      Secondly find different places to sell that are more used to higher prices. That might mean a different fair, website or local boutique.
      Lastly upgrade the way you display what you sell - price labels, wrapping and/or bags, and photos of you sell online.
      Hope that helps! Happy knitting 🧶

  • @yessenianorgate225
    @yessenianorgate225 Před 3 lety +1

    How do you work out how much yarn you have used ?

    • @KnitWithHannah
      @KnitWithHannah  Před 3 lety +1

      Hi, you'll know how many balls of yarn you've used,, the other option, if there's useable yarn left is to weight the finished knit and use that to calculate how much the yarn has cost. Happy knitting!

  • @purefibrearts6403
    @purefibrearts6403 Před 3 lety +1

    Hello!! Do you have any advice on how to go about charging knits for different sizes? Ive been coming across alot of negativity towards business that do that. So how do i charge a product that i have multiple sizes for?

    • @KnitWithHannah
      @KnitWithHannah  Před 3 lety +1

      Hi, this is a great question. Being in a handmade market we'd understand if there were two sizes of bookends that had different prices. To start with consider how many sizes you'll offer, does each item need to be available in so many options? Next perhaps you could offer some styles in larger sizes and others in smaller. That would let you average out your prices more.
      Also be very open with your customers. If a jumper takes 10 skeins to knit and 20 hours, instead of 5 skeins and 10 hours, be transparent and explain your prices that way too.
      Be very aware that while it's a nice idea, you don't have to serve everyone. Many small businesses will begin with a very limited range of products, then once you get to know your customer it will be easier to average out your prices, or offer items that are more aligned with your customers needs.
      Hope that helps!
      Do jump on the live workshop that is happening next week it could well help you some more: knitwithhannah.co.uk/pks-3-secrets
      Happy knitting!