4 Tips to Make Your Handmade Business Inflation Proof
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- Опубліковано 10 лип 2024
- Make sure that your business is inflation-proof and save yourself from financial ruin. In this video, I’ll share with you four tips to help protect you and your business from the negative effects of inflation and recession.
One of the worst things that can happen to a small handmade business is economic inflation and recession. We’ll never know when a recession will strike so it’s better to be prepared!
You won’t have to worry about needing to close down your business because of economic turbulence anymore. With the right strategies in place, you can ensure that you're ready for whatever comes next.
Let me know in the comments if you have any other questions about how to turn your business into one that can withstand economic hardships like this.
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I can't get registered for somehow technical issues 😞
@@creativetales19 Hi! Sorry I just saw your comment. Were you able to register for the free workshop?
@@CreativeHiveCo no i am not able to do so i give up 😞
I'm going to make a bigger effort to cut out unnecessary expenses this year (I sew things, and I have an enormous fabric stash. I want to keep supporting my suppliers, many of whom are small businesses themselves, but I also need to use what I have before getting even more materials!)
I'm also going to work on my marketing efforts :)
That's a great first step!! You got this!! All the best to you and your business!! ❤️
Great video
Thank you so much for watching, Sandy!! ❤️
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I redo socks how can I push it to the top
Hi! May I ask how are you marketing your products? Marketing to your ideal customers will play a vital role in spreading awareness about your brand/products.
Thanks for all of the great content. I have a huge *feels huge* question to ask, I hope you can help me. I opened and closed a shop in 2011. I only made 30 sales but I have a 4.5 average star review. I want to open a shop again, different name and vibe. Should I open a new shop or reopen this VERY old one and change the shop name? I'd love your advice, please and thank you :) I'm desperate lol
Hi Zara! Since it looks like it's going to be a completely different shop, I suggest to just open a new shop in this case. Is this an Etsy shop? If you can, I highly recommend having your own website instead and focusing on directing your traffic and sales to it. Good luck! You got this!! ❤️
@@CreativeHiveCo thank you! I am financially in the hole every month with necessities and can’t afford to pay ANYTHING for a site right now, so I feel like I have to go with Etsy at least until I can make enough to fund my own website. I have no friends and no family to support me, so I’m thinking I will need to rely on Etsy at first for getting traffic…
I understand, Zara. I wish you and your business all the best!! You got this!! ❤️ If you have any questions, just let me know.
First
Awesome!! Thank you so much for watching, Mayra!! ❤️
Selling keychains made with air dry clay can be a business??
Hi Sanjana! Just copying my response to your other comment below too 😊
Hi! It's definitely worth exploring too. I also think my blog here about starting a polymer clay business can be helpful for you: www.creativehiveco.com/how-to-start-a-polymer-clay-business/ Good luck!! ❤️ Let me know if you have any further questions.
@@CreativeHiveCo actually i was thinking to start a business selling keychains online . I will post it on my Instagram i haven't opened it yet means my Instagram account i am 17 yr old only .This is my hobby so i just want to earn some money with it .thanks for your response .
I want to register but it isn't happening 😑
@@CreativeHiveCowill you support me by giving shouting my insta name on your channel ?? Actually i haven't started yet bcz my exams are going on so can you give me your contact or any I'd where I can contact with you ??
You got this, Sanjana!! I wish you and your business all the best!! ❤️💪