Managing Your Business

Handcrafted picture frames can add something extra to special photos displayed throughout the home. They can be customized to suit the pictures and are great for remembering special events and people. Whether they are made out of wood, metal, or some other material, handcrafted picture frames are something that many are interested in. For those who make these types of picture frames, selling them can be lucrative. However, some may be unsure of how to make a business out of their craft. Here are three ways to make income from selling handcrafted picture frames.

Create An E-commerce Site

For those who want to sell their picture frames online, building a website can help achieve this goal. The cost of a website can vary greatly, depending on whether it's a do-it-yourself project or it's done by a professional. The cost for an e-commerce website that has the framework needed for customers to be able to buy online costs anywhere from $5,000 to $40,000 when created by a professional. An e-commerce site is best for handcrafted picture frame producers who are established and who have a preexisting customer base.

Online Marketplaces

For those who want to make a business out of picture frames but who are not ready for a website, online marketplaces may be the solution. There is a variety of online marketplaces where handcrafted items can be listed and sold. These marketplaces often charge a listing fee and a small fee when the item sells. Etsy is one of the most popular online marketplaces. They charge a $0.20 listing fee and a 3.5 percent fee when an item sells. This is a great option for those who are just starting out and who do not have a large customer base.

Craft Shows

Another way to make income out of handcrafted picture frames is by showcasing them at craft shows. These shows are a great source of new customers. A lot of sales can be made in a short period of time at these shows. The downside is that showcasing at these shows can be costly in addition to travel expenses. A great way to start is by selling at a local or nearby craft show in order to determine whether or not this type of venue will be good for business. 

Making a business out of handcrafted picture frames is a great way to bring in additional income. There are also multiple ways to sell handcrafted picture frames. Creating an e-commerce website is a great option for those with an existing customer base. Online marketplaces are a great option for those who are just starting out. Craft shows can also be potentially lucrative for makers of handcrafted picture frames. For more information, talk to companies like Chirp Wood, LLC.