I know that Cutting for Business readers are busy people. Many of you are moms, spouses, some work a full time 9-5 job, while others care for aging relatives. Today, I’m going to present an easy method to build up your ready to ship stock. The best thing about this method is that it works whether you are prepping for a craft show or just wanting to build up ready to ship inventory.
Sell One, Stock One Method
My method for building up stock is called Sell One, Stock One. If you’ve never heard of it before, don’t worry – I made it up (kind of like the product based business cards). The basic premise is that you carry on with your business as usual. Each time you get an order, make two of the product. If the product is custom, make a generic version if possible. Then, you ship one to your customer and set the other one aside to sell at a later time. Easy as that! Before you know it, your stockpile of ready to ship products or inventory for your next craft fair is overflowing.
This method is so simple, share it with other crafters on Pinterest.
I’ve been doing this for years – I make two of everything. I sometimes take it a step further… I will cut out extras of things and stick them inside the cellophane bag with the finished product. When the finished product sells, I’ll use the extra pieces to make up 1-3 more. Sometimes, I don’t know if a product is going to sell; that’s why I don’t make more than two extra.
I found your blog a couple of weeks ago and am enjoying your posts – thanks!
Awesome Dawn! Isn’t there a saying that great minds think alike?! 🙂
A VERY interesting idea – thank you for this! I LOVE this site, and so glad I found you 🙂
My pleasure Debbie! I’m glad you found me, too! Happy selling, Christine
How you store the extra transfers.
Hi Melissa! I think you mean for heat transfer vinyl transfers? If so, I store mine in a binder. Here’s the post that I showed it off: https://cuttingforbusiness.com/2015/06/17/store-your-pre-cut-heat-transfer-vinyl-htv-designs-in-a-binder/ Hope that helps! Christine
Where do you buy your blank items to monogram. Just starting out and need a little help,
Feel free to search the blog for “supplier spotlight” – search box is located at the bottom of the page. This is covered in various posts.