Saving Money on craft Supplies To Sell At Craft Fairs
In order to be featured vendor in craft fairs, You must buy special prices
Shop around for the best deal. Prices can vary greatly from vendor to vendor. Once you find a low-cost supplier, don’t stop there. Over time, prices change. It’s a good idea to always keep an eye out for another distributor who might have a lower price.
Buy wholesale and save big. Many suppliers offer discounts to qualified buyers. Qualifications differ, but usually, a Retail Tax ID number will suffice. You can get a business tax ID number by calling your local courthouse and going from there. Sometimes, your social security number will be your business ID number.
Once you have that identification number, ask suppliers if they offer wholesale discounts. Have them outline to you how you can qualify for this discount and don’t hesitate to take advantage of that discount.
Buying supplies in bulk can save you huge amounts of money. Of course, you’ll need to know what you’ll need, but buying more of your supplies at one time can save you big cash! When you are shopping for supplies, ask the vendor if quantity discounts apply and, if so, what the amount of savings would be.
Don’t be afraid to use recycled materials. You may be able to save quite a bit by using recycled woods, paints, plastic, metal, and so much more. Of course, all your supplies cannot come from recycled materials, but you might be surprised at where you can cut costs if you give it some thought.
Of course, you should always check at discount stores for supplies. Many large chain stores offer comparable prices on certain supplies. If you intend to resell the product that you produce and you have a business tax ID number, you can avoid paying sales tax. This would entail talking to the store manager, but it is well worth it if you can save money.
Maybe you’re afraid to start. That’s understandable. There’s a lot to consider when you take a leap like this. You don’t want to make a mistake and fail – heck who can blame you? Not many people. The fear of failure is huge and can hold most people back when taking a drastic step in life.
Let’s start this Craft Fairs Guide out by looking at the most common mistakes a crafter makes when starting to sell their crafts.
We hope you enjoy this full craft fair guide to sell your crafts at craft fairs, this is the second part, find the full parts here:
