Friday, December 2, 2011

How to Start a Duct Tape Wallet company - The Basics

So, you want to yield some extra wage by development duct tape wallets. Good for you!

lowes gas grills

That is an perfect decision and I will tell you exactly how we built our business so you can double what we have done.

LOWES

First, let me make a incorporate of things perfectly clear:
Building These Wallets Is Not Easy - if you think there is no problem working with the stickiest, toughest tape known to mankind - Think Again. So straightforward a Child Can Do This - tons of kids make their own duct tape wallets. The tough part is keeping things organized and easy to create high quality wallets every time. Wanting To Do This Is 80% of the Battle - if you have good by hand dexterity and can succeed instructions, you will be able to do this. Understanding that quality comes with practice will help you fabricate a yield theory quickly.

Building a wallet business is not rocket science:
Learn How To Build Them - perform a YouTube.com hunt for "how to build duct tape wallets". This is how we started. After combining techniques we learned from the top 40 YouTube duct tape wallet construction videos, we developed our own system. Source Tape - most hardware or construction provide market like Home Depot or Lowes stock a few colors of 2 inch wide duct tape and special craft market like Michaels have a much larger choice of colors. Over time, we sourced 4 inch wide tape and we now carry it in 28 colors and patterns. Selling Product - we initially sold our wallets at farmer's markets and craft fairs but found that sales from that method barely covered expenses and sometimes not even that. Today we retail / wholesale our wallets straight through our own website and have an exclusive wholesale business agreement for some color combinations with uncommongoods.com. You can no ifs ands or buts sell straight through online sites like 1000markets.com or Etsy.com, too.

The biggest duct tape wallet manufacturing business in the world now produces wallets by machine in China and they sell hundreds of thousands of units every year. They have been in business since 2001 so there is surely a quiz, for this type of accessory.

By contrast, every wallet in our small business is made by stay-at-home moms and we produced just over 2000 units in our first year.

So, there is the short story about our introductory success and I assure you, if we can do this, you Can do this.

Here is hoping you stick to it!

Barry Williams

How to Start a Duct Tape Wallet company - The Basics

LOWES

0 comments:

Post a Comment