Starting a business by making and selling products can be done at a low cost. With a good idea and careful planning, anyone can operate a business that produces products or services and make a profit. In this article, we’ll explore 13 ideas for creating and selling simple and affordable items to make a profit.
1. Jewellery
Crafting and selling jewellery such as rings, bracelets and earrings can be a great way to make money. With only basic supplies including metal findings and charms, beads, jewellery wire and clasps, anyone can make beautiful pieces.
The cost of supplies is relatively low, so producing jewellery items can be done at a low cost point with a high mark-up potential. Selling items online is a great way to get started, with Etsy and other craft-sale platforms ideal for reaching a wider audience.
2. Accessories
Accessories such as hats, scarves, bags, purses and ties can be bought, customised and sold for a profit. Some accessories require basic sewing skills, although fabric glue can be used for a simpler solution. Setting up a craft stall or even selling online is a great way to get started.
Using materials from charity or fabric shops can be a great way to keep costs down.
3. Home Decoration
Crafting and selling items for home decoration, such as hanging signs and wall art, can be a great way to make money from crafting. With basic tools and materials such as paint, wood and stencils, anyone can make and sell home decorations. Taking inspiration from interior trends can be a great source of ideas to use as a starting point.
4. Clothing
Crafting and selling clothing such as jackets, skirts and dresses can be a great way to make money. Using fabric, thread and other basic supplies, anyone can make beautiful clothing. Selling items at craft fairs and online is a great way to get some extra income.
Using vintage fabrics to create unique pieces can also help set items apart from the mainstream high street.
5. Coffee Mugs
Crafting and decorating coffee mugs is a great way to make money from crafting. Using mugs bought online or from charity shops, anyone can turn them into a work of art with basic supplies such as paint, markers and vinyl cutouts.
Selling items online or even hosting a craft stall is a great way to reach a broader audience
6. Tote Bags
Crafting and selling tote bags is a great way to make money from crafting. Using basic supplies such as fabric, thread and sewing machines, tote bags can be created quickly and cheaply.
Adding customized designs or slogans will help to set items apart and draw attention when selling.
7. Soap
Making soap is a great way to make money from crafting. With only some basic supplies such as soap-making molds, glycerin, essential oils and food colouring, anyone can create unique and beautiful soaps.
Selling items online or at craft fairs is a great way to make some extra money.
8. Candles
Making candles is a great way to make money from crafting. With basic supplies such as wax and wicks, anyone can make beautiful, fragrant candles. Adding scented oils and adding a custom design can help to set items apart from mass-produced products.
9. Notebooks
Making notebooks is another great way to make money from crafting. Using basic supplies such as recycled paper and glue, notebooks can be quickly and easily created.
With customizable covers and designs, notebooks can each be made unique, making them a great and attractive item when selling.
10. Pet Items
Crafting and selling pet items such as beds and toys is another great way to make some extra money. Using supplies such as felt, thread and stuffing, items such as pet beds and toys can be crafted quickly and with a low cost. Selling items online or at local pet stores is a great way to reach a broader audience.
11. Art and Prints
Crafting and selling art and prints is a great way to make money from crafting. With the right supplies, anyone can make art and prints to sell, either framed or unframed, in a broad range of styles.
Selling items online or at craft fates is a great way to reach a broader audience.
12. Toys
Crafting and selling toys is another great way to make money from crafting. With supplies such as felt, stuffing, thread and buttons, toy animals, dolls and figures can be crafted inexpensively. Selling items online or at craft fates is a great way to reach a broader audience
13. Furniture
Crafting and selling furniture, such as benches and chairs, is a great way to make money from crafting. With basic tools and materials, such as wood, paint and fabric, items of furniture can be created with a low cost of supplies.
Selling items online or at craft fairs is a great way to get some extra cash.
Conclusion
The cheapest way to start a business and make a profit is by crafting and selling products. This article explored 13 ideas for making and selling products for profit that require low-cost but high-value supplies. With a creative eye and careful planning, anyone can make money from crafting.