Fueled by a surge in DIY enthusiasm, social media-driven creativity, and a growing consumer focus on sustainability, you will see many people going for craft supplies. However, not just any supplies.
If there is something that appeals to the truth is how expensive craft supplies can be. Paints, brushes, canvases, and many more. For a hobby, it can be a great way to approach affordability and enjoyment. When it turns into a recurring activity, expenses start being considered and approached more carefully.
This is why the market is fueled by many factors, but these cannot keep up with the standard retail price for most of the products.
Craft supply liquidation has grown as an answer and solution for this situation. With products being accessible at a fraction of retail price, people can bet more on acquiring the materials and products needed. all of it without spending a fortune in the process.
This also opened the market for resellers, small businesses, and even hobbyists to acquire the items and resell them. You get them for very low costs, which allows you to offer affordable supplies to clients. This won’t be while sacrificing your own profits.
At Coastal Surplus Solutions, we are well aware of how this market has grown over the last 5 years. Starting with the pandemic and people looking for new activities, craft supplies have grown in popularity.
Feel free to contact us in case you need help with accessing items, lots, and surplus goods. But before anything else, we want to highlight important aspects before you jump in this market.
The Growing Craft Supplies Market
What is making selling these items so valuable? And is it valuable enough to the point of getting great profit margins?
As mentioned before, hobbyists and interest in the market have moved how people need the supplies. However, sustainability has made surplus approaches more popular.
The Green Living Blog researches the impact of eco-friendly and circular economy practices. For many, surplus items have become the best approach for sustainability and profits. With about 25% cost reduction, you realize this is more than an alternative.
Besides the recurring sustainability trend and options for support, this has grown based on:
- Interest in DIY projects. More people aim for activities and specific crafting as they see them on social media or other platforms.
- Personalization trends drive the industry and handmade items grow in popularity.
- E-commerce expansion since many sales take place on Etsy, Amazon, or similar platforms. The former being led by crafts and handmade pieces.
This is a market that isn’t going anywhere and truly brings value to resellers.
For buyers or individuals interested in order to access supplies for less, you can benefit as long as manifest are reviewed properly.
What You Get in Craft Supply Liquidation Pallets
A mix and variety of everything. From fabrics like cotton and linen to paints and DIY project materials like paint and beads. You will have more than enough to stock inventory or supply your own projects.
What you need to pay attention to is the condition of each item. Do they come from overstock? Customer returns? Discontinued lines? Or maybe from a bit worn out pieces?
For resellers, the condition matters the most to determine the prices for the final customer.
We can help you with this endeavor and source the pallets for you. Feel free to contact us for more information and overall support.
