Art and craft have a promising business market for people who wish to become entrepreneurs of a home-based business. The art and craft business has, in fact, opened the door to independence for hundreds of women in India. The demand for handcrafted items has surged in India over the years, handicraft business inevitable.
If you are not convinced with the market surveys for starting your home-based handicraft business, we have 9 strong reasons to change your mind.
9 Reasons Behind Starting a Home-based Art and Craft Business in India?
Table of Contents
1. Unleash Creativity:
Are you a crafter? The demand for handicraft products has worldwide demand nowadays. If you have the right skills, starting a business in art and craft allows you to unleash your creativity. From woodworking, knitting, sculpting, painting to candle making, every form of handicraft business opens the door to endless possibilities.
2. Market Demand:
The demand for art and craft has increased considerably over the years worldwide. Operating a handicrafter now requires import-export expansion.
Did you know you could earn over $1000 apiece if you know the art of making a “Kantha Stitch” quilt?
The craft industry demand curve is increasing exponentially, even during the world recession phase of the global pandemic. With the scope of online business, it has now become easier to satisfy the increased market demand.
3. Product Pricing:
People now understand the effort and skill a handicraft item requires and are ready to pay for it. There is no more need for meagrely pricing your craft products. Handmade products now fall under premium category items; hence, they offer a higher profit margin.
4. Business Becoming Easier with Technology:
With modern technologies, promoting and selling handicraft products from home has become easier. Now you can enjoy online easy payment options with automated global shipping when you join e-commerce portals for selling your products. Even receiving payments is simple with PayPal and simple wallets.
5. The Ease of Online Business:
If you are starting your art and craft business from home, all you need is access to an e-commerce platform to take your business online. Setting up a business account over eBay, Etsy, etc., takes only 15 minutes. So, in just 15 minutes, your business is up online and ready to sell. You can also use online tools for advertising your products over social media platforms. Now with the help of online marketing, reaching out to the target audience has become easier.
6. Raw Material Advancement:
The market for handicraft business not only improved for the crafters. Nowadays, you can procure better quality raw materials like fabrics, crafting, tools, etc., for making your handicrafts more enriched. If you want to invest a little lesser effort and more in equipment, you can create bulk products using 3D printers or sewing machines. But the real charm of handicraft products lies in handcrafting.
7. Freedom of Work:
Starting a handicraft business offers you the ultimate freedom of decision. You can have an easy start at your home and scale up the business anytime you want. The startup cost remains completely in your control. It is as good as working as a freelancer. Here you have the freedom to create each of the products you sell in a way you wish to design them.
8. Assured money-making:
Irrespective of the niche, art and craft have a high global demand. You can be skilled in any niche. Be it sewing or painting, or sculpting, you can convert your talent and passion into your profession. People are now willing to pay the price for a skilled craft item. Under the present market demand for handicraft items, your hard work in crafting promises the best way of making money.
9. Enjoy the Power:
As you follow your passion for crafting into a profession, you get the power of creating excellent things. As an entrepreneur in the art and craft business, you enjoy the power to the following-
- Create alluring craft items displaying your creativity from the comfort of your own.
- You enjoy the charm of gifting self-made crafts to your loved ones instead of buying them. These gifts always get higher appreciation.
- You can inspire other of the same age or younger to get into art and craft. Starting a business in handicraft ensures high income and keeps the age-old traditions of the handicraft industry alive.
- As you create artistic products out of passion, the business gives you the ultimate satisfaction and solace.
- A home-based handicraft business harnesses financial stability for your family and gives you the freedom to work at your convenience.
Final thoughts
Starting a business in art and craft is turning your passion into your profession. Nothing can offer more work satisfaction than continuing with a work you love. Furthermore, with the change in time, people have understood the values of traditional crafts and art forms and are now ready to pay the accurate price for these products. There is a global demand for Indian handicraft items. Opening your home-based handicraft business under these circumstances is highly favorable.