Selling your handmade clutches, wallet clutch, and reversible bag
Guess what I just read? This just confirmed what I wrote last year in January!
So we all know about social media and many of you participate in several platforms such as Facebook fanpages, Twitter feeds, or your own blog. Some of you have heeded my encouragement through many posts and have been selling your clutches at arts and crafts fairs.
So take a look at this:
Some things (e.g. your own app for your online shop) are neither cost effective for you nor will allow you to get your investment back given the small nature of your business. However, Square via Squareup.com has a fast setup and offers you a free reader and a free app. I do not get paid to promote this, by the way. So what’s the catch? As with any banking system, they get a percentage of what you get. They get 2.75% of each transaction. As you know, systems such as Paypal also take a transaction fee. But the good news is Squareup.com has lifted the $500/month limit on the amount of money you can swipe and accept. So this makes it worth your time to get this. Those of you who will offer this at the craft/art booth will be ahead of those only accepting checks or cash. Research has also shown that people spend more when using a credit card than they do when using cash. In fact, one way that is recommended to cut back on spending is by using cash to pay instead of credit cards! But with Square, you will give your customers much needed convenience.
Read this post I wrote last March about Business Tips for Clutch Makers talking about Jack Dorsey, founder of both Squareup and Twitter.
I’ve already gotten good feedback last year from those who used Square. If you try it out at Spring craft shows, please let me know how it goes. Be sure to put up the sign at your booth noting the acceptance of “Credit Cards”.
Have a great weekend!
~Winn
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[…] further expanded on that with crucial business tips for you at this post. I then updated you with SquareUp’s changes allowing you to accept more than $500/month. (This was my sticking […]