Where to Source Craft Supplies to Resell for Profit

Thrift Stores: Hidden Gems for Craft Supplies

Thrift stores are a treasure trove for finding craft supplies. With a keen eye, you can snag amazing deals on items that crafters are eager to buy. Look for stores in upscale neighborhoods for higher-quality donations.

What to Look For

• Yarn and Fabric: Check for recognizable brands like Lion Brand Yarn or Moda Fabrics.
• Sewing Machines: Vintage models from brands like Singer or Brother.
• Beads and Jewelry Findings: Look for large lots that can be split up for resale.

Typical Costs & Profit Margins

You might pay $1-5 for a skein of yarn or $3-10 for a yard of fabric. Resell common supplies for $3-12 each. Sewing machines can cost $15-60 and resell for $50-300+

Pros and Cons

• Pros: Low initial investment, wide variety of items.
• Cons: Condition can be hit-or-miss; some items may require cleaning or repairs.

Estate Sales: Hidden Craft Treasures

Estate sales are goldmines for crafting supplies, as many homes of older generations have large stashes of materials. Aim to visit on the last day when prices are often slashed.

What to Look For

• Fabric and Yarn: Entire collections can sometimes be bought at a fraction of retail prices.
• Sewing Machines and Tools: Look for well-maintained items or those with original manuals.
• Beads and Buttons: Vintage buttons and rare beads often lurk in hidden corners.

Typical Costs & Profit Margins

Expect to pay $20-100 for a bulk lot. Profit margins are high as crafters pay premium prices for vintage or unique items.

Pros and Cons

• Pros: Unique finds, potential for high profits.
• Cons: Requires time and patience to dig through items.

Garage and Car Boot Sales: A Local Option

These local sales are great for picking up craft supplies at a bargain. Visit early for the best selection or late for the best deals.

What to Look For

• Sewing Machines: Test them on-site if possible.
• Craft Kits: Look for unopened kits that can be resold for more.
• Scrapbooking Supplies: Complete sets or unused packs can be profitable.

Typical Costs & Profit Margins

Prices can range from $1-20 per item. Resale profits can be significant, especially on vintage and rare finds.

Pros and Cons

• Pros: Flexible pricing, often open to negotiation.
• Cons: Variable quality; not all sellers know the value of their items.

Online Liquidation and Auctions

Online auctions and liquidation sites offer craft supplies in bulk. Look for sites that specialize in craft store liquidations.

What to Look For

• Bulk Lots: Large quantities of a single item can be broken down for resale.
• New Old Stock: Discontinued or rare items can command higher prices.

Typical Costs & Profit Margins

Bulk lots may cost $50-200. Profit margins vary based on the uniqueness and demand for the items.

Pros and Cons

• Pros: Access to a wide range of items from anywhere.
• Cons: Shipping costs can add up; items may not be as described.

Wholesale Distributors: Consistent Supply

Establish relationships with wholesale suppliers for a steady flow of craft supplies. Look for distributors who specialize in fabrics and beads.

What to Look For

• Fabrics: Opt for popular prints and high-demand materials.
• Beading Supplies: Fire Mountain Gems is a reputable source.

Typical Costs & Profit Margins

Buying in bulk reduces costs. Resell items individually for a 50-100% markup.

Pros and Cons

• Pros: Consistent supply, lower per-unit cost.
• Cons: Larger upfront investment required.

Clearance Sales at Craft Stores

When large craft chains like Hobby Lobby or Michael's close locations, they offer deep discounts. Stock up on heavily discounted items for resale.

What to Look For

• Seasonal Items: Holiday supplies can be sold at a premium the following year.
• Tools and Equipment: High-quality craft tools that are discontinued.

Typical Costs & Profit Margins

Items are typically priced at 70-90% off. Profit margins can be substantial if you store items until demand is high.

Pros and Cons

• Pros: Massive savings, high resale potential.
• Cons: Need storage space for large quantities.

Facebook Groups and Marketplace

Local Facebook groups can be a source of craft supplies as people often sell their excess supplies at low prices.

What to Look For

• Craft Stashes: Look for crafters downsizing their collections.
• Bulk Offers: Sellers may offer discounts for buying in bulk.

Typical Costs & Profit Margins

Prices can be negotiated. Profit margins depend on your ability to bundle and resell items.

Pros and Cons

• Pros: Local pickup saves on shipping, flexibility in negotiations.
• Cons: Time-consuming to arrange pickups and assess items.

Seasonal Sourcing Tips

Craft supplies are often cheaper after major holidays when stores clear out seasonal stock. Conversely, they are most expensive in the lead-up to holidays as crafters prepare for seasonal projects.

Red Flags: What to Avoid

• Fakes: Be wary of counterfeit brand-name supplies.
• Damage: Avoid items requiring costly repairs, such as moth-damaged yarn.
• Low Demand: Items without a clear market or demand, like overly specific tools or niche fabrics.

Startup Budget

You can start sourcing craft supplies with as little as $100. Focus on small, high-profit items like yarn and vintage buttons to build your inventory.

ListingGenie for Maximizing Profits

Use ListingGenie to craft compelling listings that highlight the unique features of your craft supplies, helping them sell faster and at better prices.

FAQs

• How do I determine the value of vintage craft supplies? Research current sales on platforms like Etsy to gauge what similar items are selling for.
• Where can I find discontinued craft supplies? Search liquidation sites, estate sales, and online auctions for discontinued items.
• How can I ensure the quality of second-hand craft supplies? Carefully inspect all items for damage and verify that quantities match the listing.
• Is it better to sell supplies individually or in bundles? It depends on the demand; some crafters prefer single items, while others seek bundles for projects.
• What are the best times of year to sell craft supplies? High-demand periods include the pre-holiday season and back-to-school times when crafting projects peak.