MAKE MONEY #7: How to Sell Yarn from Home and Grow Your Money Stash

Good for: Crafters, Artists, Students, ALL

Difficulty: 1 (EASY)

Initial Investment: 5 (MEDIUM)

Location: LOCAL, WORK FROM HOMEONLINE

Good for: Crafters, Artists, Students, ALL

Is your yarn stash growing and growing? If you’re a crafter, chances are you have a stash of yarn that’s just waiting to be used. But what if, instead of using that yarn, you sold it? With a little effort, you could turn your yarn stash into a money-making machine! Want to know how to sell yarn? Here’s how to get started.

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Why Should I Be Selling Yarn?

Top three good reasons to sell your yarn:

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  1. You feel overwhelmed when looking at your enormous yarn stash and you have run out of space at home and it is piling over everywhere.
  2. You need or want to buy new yarn, but have no space (or money to support your yarn habit). Create some space and you will feel more creative, too.
  3. You have years-old skeins that you have not used–yet. Are you ever going to use them, or they just taking up space?

Benefits of Selling Yarn from Home

There are many benefits to selling yarn from home! For one, you can set your own hours and work around your own schedule. This is especially beneficial if you have young children at home or other commitments that make it difficult to work a traditional 9-to-5 job. Selling yarn from home also gives you the opportunity to be your own boss and control your own income. You can decide how much yarn to sell, how much to charge for it, and how to market your products.

Additionally, selling yarn from home can be a great way to meet new people and connect with other fiber enthusiasts. Whether you sell online or at local craft fairs, you’ll have the chance to connect with like-minded people and build a community of customers who appreciate your work. Finally, selling yarn from home can be immensely satisfying. There’s nothing like seeing someone wear or use something you created with your own two hands. If you’re looking for a creative way to earn a living, selling yarn from home is definitely worth considering.

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How to Sell Yarn from Home — Start Now

  1. Do some research. Find out what brands or types of yarn are selling well and stock up on those. Also, take a look at the prices that other crafters are charging for their yarn and make sure your prices are competitive.
  2. Create a sales platform. You can sell your yarn online through platforms like Etsy or eBay, or you can set up a table at your local farmer’s market or craft fair. Wherever you choose to sell your yarn, make sure it’s easily accessible to potential buyers.
  3. Advertise your wares. Once you have a sales platform set up, make sure to let people know about it! Spread the word through social media, forums, and word-of-mouth. The more people who know about your yarn business, the better your chances of making a sale.
  4. Offer discounts and promotions. To sweeten the deal for potential customers, offer them discounts or promotions on their purchase. For example, you could offer free shipping on orders over $50 or buy-one-get-one-free deals on skeins of yarn. IF you are on Instagram (and we think your business probably should be), offer a contest or giveaway. You can do this alone or by joining up with other yarnies who are selling yarn, thread, or fabric.

TIP: IF you are on Instagram (and we think your business probably should be), offer a contest or a giveaway.

Make Sure You Provide Excellent Customer Service. Once someone has purchased yarn from you, make sure they’re happy with their purchase by offering excellent customer service. This includes promptly responding to questions or concerns, resolving problems quickly and efficiently, and providing tracking information for orders. By offering great customer service, you’ll ensure that your customers will come back to you next time they need yarn – and they’ll tell their friends about you too!

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How to Sell Yarn Method #1: Selling Your Yarn on Ravelry

For anyone who loves to knit or crochet, selling yarn from home on Ravelry can be a great way to earn some extra income. And with over 8 million members, Ravelry is one of the largest online communities for fiber artists. For those of you who don’t know, Ravelry is an online community for knitters, crocheters, and yarn-lovers of all kinds. It’s also a marketplace where people can buy and sell yarns, patterns, and other craft supplies. So if you’re looking to sell yarn from home, Ravelry is the perfect place to do it. So how do you get started selling yarn on Ravelry?

First, you’ll need to create a shop on Ravelry. This is where potential customers will be able to browse and purchase your yarn. You can add as many products as you like to your shop, and you can set your own prices. Ravelry does charge a small commission on each sale, but they also provide a lot of tools and resources to help you run your business effectively.

Next, you’ll need to take some good photos of your yarn in order to be competitive. High-quality photos are essential for selling yarn online, so make sure that your photos are well-lit and show off the yarn in its best light. You can also add multiple photos of each colorway or skein, so that potential customers can see exactly what they’re getting.

It is worth investing in your images by using a good, professional photographer. You can find top-notch photographers online with a quick Google Search, or try calling a local college or university.

Finally, take some time to write good descriptions of your yarns. Customers will want to know things like the fiber content, gauge, and recommended needle size. Providing this information up front will help customers find the perfect yarn for their project, and it will also help to build trust between you and your customers.

Selling yarn on Ravelry is a great way to turn your love of knitting or crocheting into a profitable business. By taking some good photos and writing helpful descriptions, you can attract customers from all over the world who are looking for high-quality yarn. So get started today and see how much success you can achieve selling yarn from home on Ravelry.

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How to Sell Yarn on Facebook Marketplace

Have some extra yarn lying around that you’re not sure what to do with? Why not sell it on Facebook Marketplace! Just take a few pictures of the yarn, write up a quick description, and post it for sale. You might be surprised at how many people are looking for exactly what you have. And selling yarn on Facebook Marketplace is a great way to clear out your stash and make a little extra money at the same time. So if you’re ready to get started, here’s what you need to know.

First, take some good pictures of the yarn. Make sure the lighting is good so that the colors are accurately represented, and try to show off any special features of the yarn (hand-dyed, unique colorway, etc). Then, write up a brief but descriptive caption. Include important information like the type of yarn, the weight/gauge, and how much is available. Once you’ve got everything posted, sit back and wait for the offers to come in!

How to Sell Yarn on Shopify and Ecwid

You can sell yarn DIRECTLY to customers through a “sell anywhere” ecommerce store, like a Shopify or Ecwid site. Shopify also allows you to connect your store to your social media accounts, so people can shop and purchase your products without leaving their social accounts. This is a big advantage and you should consider this.

The Difference Between the Two

Shopify is software for the creation of an entire, full-featured e-commerce wesite and Ecwid is generally used as an e-commerce plugin that turns existing websites into online stores. Ecwid is built specifically for small businesses. You can add Ecwid to an already existing site if you have one (WordPress, Joomla, Drupal, Wix sites and more). You can use the domain name of your choosing with Ecwid. Shopify is considered to be a more full-featured site.

However, remember that Shopify charges per listing and those fees can really add up especially as you are testing the market and seeing which yarns sell (at last look: Etsy charges a listing fee and a transaction fee for every item you sell on the site. Etsy takes per sale $0.20 for each item you list, and a 6.5% transaction fee for every sale.) Ecwid has much more beginner-friendly plans, including the popular Free Plan Forever, with no transaction fees, monthly fees.

What About Selling Yarn on Etsy?

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Over 5,000 listings WITH ADS

Etsy seems like the logical choice for selling all things craft-related, like yarn. However, Etsy is a large marketplace and might not be the best choice for beginners selling yarn. A quick look told me that there are more than 5,000 listings selling yarn on Etsy–and that is just the sellers who are paying for ads on Etsy.

Amazon Handmade — Have You Heard About Selling Yarn There?

According to one seller who uses both Etsy and Amazon Handmade, her sales sales on Amazon are higher than Etsy. However the handmade section on Amazon is “sectioned” off from the rest of the site. For example, she comments that you can buy greeting cards on Amazon AND on Amazon Handmade. Different cards will display under each site, but not together. I am not sure when this will be worked out, if it will be, in the future.

Finally, Amazon handmade is currently free, but after a trial period a monthly charge is applied to your account. Etsy, as we said before, charges per listing instead of a monthly charge. 

How Much Should I Charge for Selling Yarn From Home?

HeartHookHome discusses pricing and pricing psychology for handmade items here on her blog. Yarn falls somewhere in that realm of thinking. To think through how to price your yarns, consider these factors:

1. By the Hour (Your chosen hourly wage x Hours invested in skein = Price)

Quick-to-spin yarns, and some specialty or textured yarns.

2. By the Yard (Price per yard x Number of yards spun = Price)

For the spinner who stocks a range of fibers and yarns.

3. By the Ounce (Cost per ounce x Number ounces spun = Price)

Specialty yarns, like art yarns, and skeins spun from costly, luxury fibers and blends.

Get Creative about Where and How You Are Selling Yarn

One yarnie is selling yarn from a vending machine, of all things. IF you can sell art from a vending machine, then why not sell yarn, too?

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CREATIVE and FINANCIAL INSPIRATION

INSPIRATIONAL STORY: Darn Good Business: How a Yarn Company Grew from $16k to $1M in Six Years

She started the business in 2008 with two boxes of yarn! The idea of selling yarn from saris has been on the market for a long time – and especially, the concept of recycled silk yarn. Her yarns are about 90% recycled. Her company works with textile manufacturers in India and Nepal and recycles the waste from curtains, bed sheets and other textiles. The company then collects the textile waste from the manufacturers and instead of it being thrown away and ending up in rivers, it becomes useable again as yarn.

Consider applying for a small loan to ensure your yarn business really gets off to the right start. Then, there is no upper limit to your profit!

How About Selling Yarn at Fairs and Craft Fairs?

We mostly wanted to go over how to sell yarn strictly from the coziness of your own home, but selling yarn from home is only one way to sell. Selling at fairs and festivals and other events around your own area is a viable alternative, though admittedly it takes more money, time and set up. You will also need to have a business name and organization.

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Southeast Ohio Fiberworks homepage

The owner of Southeast Ohio FiberWorks (Instagram: https://www.instagram.com/seohiofiberworks/) sells special hand-dyed yarns (and now, embroidery thread) at local fairs and festivals around her area. It can be seasonal, with the Christmas/holiday season being the busiest, but even summers can be profitable. She recommends joining a local art guild or organization for help in getting started and staying motivated.

Wish YOU Could WORK From HOME? Looking for a GREAT, NEW SIDE Hustle?

Not only can you make money selling yarn, you can also be doing good things for your local community and area, too. Southeast Ohio FiberWorks is a part of Shave ‘Em to Save ‘Em livestock conservancy program, which supports making it more profitable to raise heritage breeds. They offer fleece and roving (and eventually they’ll have yarn) from Jacob sheep, one of the sheep breeds listed on the conservation priority list.

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This Could Be You!

Selling yarn from home (or craft fairs and festivals) is a great way to make some extra money – and it’s easier than you might think! Just do some research, set up a sales platform, advertise your wares, offer discounts and promotions, and provide excellent customer service, and you’ll be on your way to success in no time. So what are you waiting for? Start selling today!

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Disclaimer: All the information provided above  and on this site is for informational purposes only and should not be considered as professional investment, legal, or tax advice. You should conduct your own research or consult with a professional financial advisor when investing.