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March 2013

Need tips to help your business be more successful? This month, Ann Barber from the National Craft Association is here to help with some tips.

Please take a minute to fill out a really quick survey about FestivalNet getting into merchandising!

Have you listed any of your items in our marketplace? The FNO Marketplace is a great way to start out selling online without worrying about start-up costs.

Happy selling!

Jackie
FNO Newsletter Editor


Profit Tips for Art and Craft Business
by Ann Barber of National Craft Association

The secret to success in your art and craft business is to "Think Profit", not just at the point of a sale, but apply this thinking to everything you do for your business. Profits don't just happen with a sale. They are created by careful planning in every aspect of your business. Plan for profits!

1. Make sure you have the total cost for the item before establishing the selling price. Be sure to include a reasonable labor charge, overhead and fixed expenses to your actual materials and supply cost for each item. If you don't price to cover total cost, you will not make the amount of profit you need to grow your business.

2. Be cost effective. Don't spend 10 hours creating an item that you can only retail for $30. Set a dollar amount for your labor. Design products that keep the time investment low and profit margin high. Evaluate how to be more time efficient with the products you make. Learn to group tasks together to save time. For example you are going to make 2 dozen of one item; cut all the ribbon needed at once, paint all the same color at once, do all the gluing of pieces together at once, etc.

Read more tips here...


Vote on FestivalNet Merch!

We might get into selling FestivalNet merchandise. Your input is very important to us so please take a minute to fill out this really quick survey. Thanks so much in advance for your participation!


Let Us Pay You!

We will pay you $5 for every new paid member you send our way. You can make money by simply telling others about FNO. Refer two friends, get $10, refer four, get $20... Take the cash or apply your earnings toward next year's renewal! We have tons of widgets to choose from on our new Affiliate page, and have made it easier than ever to use. You can also access this page in your account by clicking on My Account, then click on your listed affiliate number.

Word of mouth is the best form of advertising, and we'd like to thank you for spreading the word about FNO. You could be earning extra cash just by referring fellow vendors or festival participants to FNO

Quick info about our affiliate program:

  • We pay $5 for each new pro member you send our way.
  • We pay quarterly via Paypal.
  • You may apply your affiliate credit towards next year's renewal.
  • Referrals can come in via word of mouth or through special tracking links you use in emails or online.
Be sure to hand people your business card or a custom FNO Affiliate Flyer when you refer them to be sure you get credit when they join as a Pro Member. If you want to learn more, go here - where you can print your own flyers to hand out (to do this, you must have an affiliate number, all Pro Members automatically have one, if you are a free member, you must request one).

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