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Option trading put selling quilts

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option trading put selling quilts

When Terry Speer was a struggling art student in the 60s, he put himself through college by selling his prints and paintings at local art shows. In option, after eight years as an art professor, Speer left academia to do the show circuit full time with his wife, Deborah Banyas, a fellow artist trading quilt maker. I thought, 'Why am I torturing myself as a professor when I can have more fun doing this and make more money? Speer hasn't looked back once. Today, he and Banyas run a homebased business selling their whimsical mixed-media sculptures at art festivals and craft shows around the country, including the recent Coconut Grove Arts Festival in Miami where they rang up sales of several thousand dollars over the three-day Presidents' Day weekend. Then they packed up their truck and headed home to Oberlin, Ohio, where they stayed for less than a day before traveling to another show in Baltimore. Still, Speer and Banyas can't see themselves doing anything else. And they're not the only ones who feel that way. Though it's impossible to know how many artists and craftspeople sell their wares full or part time at shows and festivals, their numbers appear to be growing as crowds turn out by the thousands to buy paintings, sculptures, woodwork, metalwork, glasswork quilts jewelry and to meet the artists and craftsmen who make them. And as Trading and Banyas have discovered, there's real selling to be made. Figures for this year's show were not available at press time. For homebased artists and craftsmen, selling at fairs and shows provides an opportunity to ring up sales and find new customers at little cost and no overhead. Typically, shows charge just put few hundred dollars for a booth and allow artists to enjoy big markups on the work they create--profits they don't have to share with a put or store owner. But making money at fairs and shows isn't as easy as it seems. It requires research, planning and the ability to keep a smile on your face while standing on your feet for long hours. And that's not for everyone. Even though Sachs says she and Keating made a profit at every show they attended, the shows took them away from doing what they really loved--creating art. Think selling your work at shows and fairs might be for you? Follow these 10 road-tested tips to success:. Just because your Mom used to tack up your drawings on the option doesn't mean your work is professional enough for people who aren't related to you to buy it. First, selling a few shows to see if your stuff is good enough to pass muster. Some shows are juried, which means that judges review your work and select you; others are open to everyone. It's also important to find the right venue for your work. While an indoor art show may be beyond your option, a craft show or Renaissance fair may fit the bill just right. You can find out a lot of information about the shows by talking to artists and craftsmen you meet there. Find out who typically attends the show, what kind of turnout you can expect and how much it will cost to exhibit there. And don't forget the materials costs; for jewelry or sculptures made of precious metals, those costs can add up. And depending on the city or state the show is in, you may also need a license or permit to sell there. It's best to figure out your breakeven point--that is, how many items you need to sell in order to make a profit--before you decide to pack up and go. Most established artists and craftspeople sell to repeat customers who frequent the same shows every year and often collect their pieces. While you're establishing your reputation and building a following, keep your expenses to a minimum. Speer suggests renting or borrowing a booth from another artist instead of buying your own. Another option trading to share a booth with another artist or craftsperson. While cheaper work is easier to sell, you've got to sell a lot more items to cover your costs and make a profit. That's why many art show veterans offer a range of price points to potential customers. You need to sell less to make those numbers. Bring your credit card machine. Credit cards are the common currency of option and fairs, and if you don't accept quilts, you're going to lose sales to vendors who do. You also face the risks of dealing with bounced checks from strangers who may be hard to track down after the show. Especially if you're selling work priced in the hundreds of dollars, credit cards are a must. To find out more about obtaining merchant credit, see our " Resources " section. Don't go it alone. While shows can be exciting and profitable, they can also be physically and emotionally exhausting. That's why it's important to bring along someone to help you work the booth and deal with customers. This will also give you a chance to get up and go quilts the bathroom and grab a hotdog or something to drink without losing sales. Spelman of Wax Creations works the fairs with his wife. Make sure you bring enough work to sell but not so much that you'll have to carry most of it back. Besides your artwork, you'll also need to pack your selling, several chairs, a small table, a calculator, a credit card machine, bags for customers to carry your products home in and any brochures or marketing materials you might have. Put your best foot forward. People like to see a craftsperson creating artwork in his booth, not just selling it. While this isn't always possible, it's a crowd-pleasing idea that works well for jewelry makers, woodworkers, quilters and other craftspeople. At the very least, make sure your trading table is clean and attractive and that your products are quilts displayed with prices clearly marked. Some artists, like jewelry maker Schutz, string lights in their booths and display color photos of their work to spice things up a bit. Build a mailing list. Shows are a great way to develop your customer database. Try putting a fishbowl on your table and offering people a chance to win a piece of artwork in return for giving you their contact information or business cards. Giving away promotional items with your company's name and logo works, too. This way, you can send out postcards inviting prospects to your next show. Don't forget to collect e-mail addresses, too! It's a lot cheaper to send out e-mail messages than it is to pay for paper and postage. Before you move on to the next show, selling down and figure out how much you made on the last one. Remember, we're talking about profits, not sales! Don't forget selling include the cost trading your materials, the booth space, travel, shipping and cleanup. This kind of breakeven analysis will help you figure out if you should exhibit at the same show next year. Don't be disappointed if you don't make a fortune your trading time out--or ever. Except quilts artists like Speer and Banyas, who sell exclusively through shows and fairs, most artists and craftspeople also sell through galleries, wholesalers, the Internet and other marketing channels. Some trading live off these shows; other people use it to market their business. Looking to break into the world quilts fairs and shows? Check out the web links below to jump-start your business today. Rosalind Resnick is president and CEO of Axxess Business Centers Inc. She can be reached via her website. Selling Resnick is a New York-based freelance writer, entrepreneur, investor and author of The Vest Pocket Consultant's Secrets of Small Business Success. This website uses cookies to allow us to see how our website and related online services are being used. By continuing to use this website, you consent to our cookie collection. More option about how we collect cookies is found here. Home Top 50 How To Magazine Franchise Events. How to Sell at Craft Fairs and Shows Interested in put your artistic hobby into a business? Find out how you put make money by selling your handicrafts at art shows and craft fairs. Starting a Business You Really Could Have a Legitimate Business in a Week Derek Miller. Infographics 5 Reasons Why Businesses Fail Infographic Rose Leadem. How To How to Become a Beauty Influencer Jessica Abo. Follow these 10 road-tested tips to success: This searchable database of 17,plus festivals, arts and crafts shows and put events also offers information on products, services and resources for artists and other vendors. Art and Craft Shows. Browse this searchable database of 2,plus open-entry craft shows and art festivals by date, city, state and region. Put Crafts Option Online. This website offers links to thousands of crafters' websites plus listings of craft shows and information about suppliers, publications, newsgroups, classes, software and more. Business Licenses and Permits. This quilts article from Entrepreneur. Contact your state or local government website for information about local option and regulations. This trade organization for the crafts industry offers homebased and online craft businesses the ability to accept major credit and debit cards. How To Business Ideas Starting a Business. Selling the Right Franchise for You Put our short quiz to pinpoint your perfect franchise match. Get our best stories of the week direct to your inbox. Subscribe Now Gift Subscriptions Subscriber Services. Terms of Use Privacy Policy Cookie Policy Site Map. 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2 thoughts on “Option trading put selling quilts”

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  2. AlexMarkus says:

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