Lucky Break- 2019 March Calendar

2019 March Calendar

The 2019 March Calendar is here. I cannot believe it is March already. We have a lot cooking this month at LBC. So much so that our designer Sarah had to rework our entire calendar template to squeeze everything in.

 

2019 March Calendar

 

 

We broke some serious ground this year, and we are only 60 plus days into 2019.  The most exciting news coming to you by way of our upcoming mastermind program- The Lucky Break Think Tank. Before we could even get a newsletter out, we sold out of Founding Membership seats.  But don’t fret, we have opened up Early Bird Memberships.  Not sure what I’m talking about? Learn more about the Think Tank here.

 

GMP Live kicks off this month.  It’s our only live class for GMP that we will offer this year, and we are thrilled to see it sold out of seats!

I’ll be at the Tennessee Soap and Candle Conference March 23rd, then coming home to prep for Craftcation in April.

My beloved BHB group has been working hard on their curriculum. They are in the home stretch with graduation at the end of the month.

 

There is an insane amount of new things happening, so make sure you are following along on all we have cooking this March via our mailing list as well as on Instagram! @lelabarker and @luckybreakconsulting

 

2019 March Calendar

 

What makers, designers and retail buyers love about Faire

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As part of my ongoing blog series about emerging wholesale marketplaces, I’m highlighting the benefits of Faire (formerly Indigo Fair). And there’s certainly a lot to love about working with this wholesale platform for artisans, from the perspectives of both a maker and a retailer. Faire has ambitiously harnessed technology to create advantages for all stakeholders in the world of wholesale, and I’m excited to dive in and share them with you.

 

WHAT ARTISANS LOVE ABOUT FAIRE

 

Product designers who set up shop on Faire praise the passive nature of the platform and the increased visibility among buyers. The application process is simple, the Faire team takes care of the onboarding logistics, and makers often enjoy an order within the first week. Because Faire charges no upfront fees, the marketplace involves little risk on behalf of the artisan. That’s a welcome relief to brand owners who’ve traditionally gambled thousands of dollars brands to exhibit at a single trade show.

 

Creative entrepreneurs often spend a sizable amount of time reaching out to stores off interest, never sure whether a specific buyer will appreciate their work or have the budget necessary to bring on new lines. Faire buyers shop at their convenience, which eliminates the guesswork for brands. If a boutique owner is on the Faire site, then they’re on the prowl for new products. Even when they aren’t present, brand owners are investing their energy into the 783 other facets of running a company that demand their daily attention.

 

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Faire has gathered eyeballs and buying power at record speed. As of early February 2019, the platform had vetted 19,271 retailers according to a post within their official Facebook community. That potential for exposure often translates to a respectable volume of orders, which helps to offset the higher-than-average commission structure. Brands currently pay as much as 28% of an opening order in fees on Faire.

 

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How to Sell on Faire

How to sell on faire

If you want to know how to sell on Faire, then you’ve come to the right place! This blog is part of an ongoing, deeply researched series about selling on Faire (formerly Indigo Fair). The first post, What is Faire?, detailed how Faire works, how much Faire charges, and what kinds of products Faire sells.

 

HOW TO SELL ON FAIRE

 

 

How to sell on Faire

 

In this installment of the series, I’m unpacking some of the nuances of the platform. Because Indigo Fair/ Faire is a rapidly evolving marketplace, it’s important to recognize that this data is accurate as of the time of publication. The Faire executive team is pioneering in spirit and ambitious in scope, so their efforts are an ever-changing experiment. It’s akin to building the runway as you fly the plane, but that’s to be expected when you’re- quite literally- trying to “reinvent wholesale.”

 

Getting started with Faire is deliciously straightforward. Whenever I speak to artisans within the Lucky Break community, the onboarding process is something that earns rave reviews. Co-founder Max Rhodes has often boasted about how easy it is to use Faire.

 

“Makers can apply to join Indigo Fair, and once accepted, they just send us their product catalogue to get their profile up and running. Most makers receive an order within a week, and they get paid as soon as they ship the goods.”

 

HOW ARE ORDERS RECEIVED THROUGH FAIRE?

 

Buyers shop through the Faire interface from a seamlessly curated selection of products that are chosen for them based on an algorithm that considers numerous factors. While only the Faire executives and the software development team fully understand the mechanics of the algorithm, we do have some clues about how the system works. The aesthetics of the shop and the frequency with which any particular brand is ordered factor into which products are displayed for any specific buyer.

 

Faire dispatches an email notification to the brand once a buyer places an order. Brand owners then log into the system to discover several options at their fingertips, including:

  • Accepting the order and selecting a ship date.
  • Editing the item availability to backorder an item.
  • Canceling the order.

 

Payment for orders is settled upon shipment. Because buyers often enjoy trade credit (commonly known as “net terms”) via Faire, brand owners can pay an additional 3% fee for immediate payment. If they choose to agree to net 30 terms to settle the invoice, then they can forego the additional 3% fee. In all instances, Faire guarantees payment even if the buyer defaults on their obligation.

 

HOW DOES SHIPPING WORK ON FAIRE?

Shopkeepers often enjoy free shipping on Faire, and I can confirm that there’s almost nothing that they cherish more than zero shipping fees. But who pays for that?

  • When you notify Faire that an order has shipped, you attach the tracking number for the parcel and notate the shipping cost. This has been the process since Faire’s launch.
  • Faire reimburses for the shipping fees alongside the settlement for the merchandise, according to the schedule you’ve selected. (Immediate payment for an additional 3% or settling the invoice in 30 days for no additional fee)
  • Faire passes the shipping charges on to the buyer unless the shopkeeper is taking advantage of a free shipping special. In that case, Faire absorbs the cost of shipping.
  • In February 2019, Faire rolled out an optional, automated process for printing shipping labels within the program.  This eliminates the need to manually input shipping costs and tracking numbers.  Swing by the Faire FAQ to read more about Faire’s new shipping program.

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#LBCWantsToKnow >> January 2019: Product Development Planning for Makers

product development planning for makers

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We’re wrapping up our #LBCWantsToKnow series for January with a quick meditation on timing around product development planning for makers. Each month, I ask my Instagram community to join me in a focused, crowd-sourced discussion on a specific subject. For the month of January, we’ve been rolling up our sleeves to chat about the beginning of the year planning. And no discussion about strategic planning would be complete without thinking about product development and how to time product launch cycles.

 

Product Development Planning for Makers

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THE LUCKY BREAK COMMUNITY SAID…

  • rockcreeksoaps: We are super excited about a launch we’re putting out in about 2 weeks!

 

  • stellachroma: We released a hand cream and coffee body polish at the end of last year. We’re going to sit on those for a while. We’re focusing on GMP this year.

 

  • zhibathandbody: I’m helping my kiddos launch their line of natural pet products. They say the dog deserves better…yay for them! And as for me…FINALLY working on natural deodorant.

 

  • shopmilked: I want to release home fragrances. Wax melts and/or candles. I’m kinda freaking out about it because there is just so much to learn about waxes + wicks.

 

  • gavinluxe: We’re launching a Love candle in about 2 weeks.

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Meet the Maker: Hana Brewster of Quiet Clementine

Hana Brewster of Quiet Clementine

For several years, Lucky Break hosted a “Meet the Maker” series featuring inspiring makers and product designers we though you should know. We were honored to host dozens of artisans, from Kristen Pumphrey of PF Candle Co to Meg Sutton of Belle & Union. Each one graciously offered inside peeks of their entrepreneurial journeys, while sharing some of their favorite resources, and dishing advice for what they wish they’d known when launching their own brands.  After an extended hiatus, we’re excited to reignite the “Meet the Maker” series, and we hope it helps you stay engaged, empowered, and inspired.

 

We’re kicking things off with Hana Brewster of Quiet Clementine. Hana creates whimsical and playful pieces from ceramics that include sculpted jewelry pieces and statement dishes. Thanks so much for joining us, Hana… we’re thrilled to share your story!

 

Hana Brewster of Quiet Clementine

 

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LBC: What inspired you to take the leap as an entrepreneur?

Hana: Prior to Quiet Clementine, I had two polymer clay focused businesses, one for jewelry and one for decor. I wanted to be a part of the handmade world, making something, and being able to work from home. I started with jewelry, because I had made some ceramic necklaces for my bridesmaids and enjoyed the process. Living in a small apartment with no space to make messes or to put a kiln made the choice to work with polymer fairly obvious.

Also, when I was in 6th grade, I went through a macrame jewelry making phase where I stayed in from recess to craft and try to sell necklaces to my teachers, so jewelry just felt like a natural fit to me. A few years into those businesses, my dad (who is a retired art teacher and amazing potter) encouraged me to make some ceramic pieces. I resisted for a while because I didn’t feel I had the skill to work in ceramics, but when I finally gave in, I was hooked.

Once I saw the first finished pieces, I think I knew I was done with polymer clay. I started making more pieces and posting them to Instagram. Then I started figuring out a plan for transitioning my business and how I was going to buy my own kiln. My business officially became Quiet Clementine in the spring of 2015 and I haven’t looked back since.

 

MEET THE QUIET CLEMENTINE COLLECTION

LBC: How would you describe what you create?

Hana: I create playful ceramics for color enthusiasts. I make small items, such as ring dishes, earring holders, mini planters, statement earrings, and necklaces. Each piece is inspired by vibrant color palettes and playful patterns and is handcrafted to bring fun and happiness to everyday life.

 

LBC: Where can we find your products?

Hana: You can find my products on my website, my Etsy shop, and at some amazing shops around the country, as well a couple international, which you can see on my stockist page.

 

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LBC: When you first got started, how did you envision your business would be defined?

Hana: Even though I had a couple of shops prior to Quiet Clementine, I still didn’t know that much about business, so I’m not sure if I really thought about how it would be defined. I just enjoyed making colorful, happy things out of a material that had so many possibilities and, as things went along, I started to understand my aesthetic more and more and what kinds of products I enjoyed making.

 

THERE’S NO SUCH THING AS A TYPICAL WORKDAY

LBC: Walk us through a typical workday.

Hana: I don’t have a typical workday. I’m not a morning person, so I usually sleep in and then check emails and Instagram on my phone, which I know is a bad way to start the day!  After that, I start the kiln if it’s a firing day and I might do some computer work or answer/send emails if I need to or do a little product work.

After lunch, I go back to whatever the task is for the day. Each day is so different, depending on what products I’m currently working on and which phase of the process they’re in, but there are 3 different phases my pieces go through to become a final product. Some days I’m in the making phase, where I work in wet clay, creating the forms of the products. After that, I move on to the glazing phase, where I hand paint 3 coats of multiple glaze colors on each piece. For some products, that would be the final step, but I also apply liquid 22k gold to most of my pieces, so some days I’m applying gold and firing the kiln for the 3rd time.

For jewelry, there is yet another phase, so some days I assemble earrings. In between each phase are firing days, where I fire the kiln and then wait for it to cool. On those days (or whenever I need to), I might photograph or list new products, do computer work, start making more products, finish up a wholesale order, or just take a day to rest. My husband is my unofficial shipping assistant, so any orders that need to be packed up will happen after he gets home. I spend time with my husband in the evening and end the day by watching TV or reading a book.

 

BEFORE YOU START YOUR BUSINESS

LBC: What are 3 things entrepreneurs should think through when they initially decide to start a business?

Hana:

Make sure no one else is making your specific product already and if they are, figure out how you can make it unique and different from what’s already out there. Obviously, there are already a ton of people making jewelry or greeting cards, but you can determine what sets you apart from the rest. Having an idea of the feeling and aesthetic you want for your products will be helpful in understanding what makes you different.

Figure out pricing at the start and if you’d like to eventually do wholesale. You won’t want to have to dramatically increase your prices when you start wholesale. Of course, your costs and process will probably change from when you start versus a year out. You’ll find more cost-effective suppliers and your process will become more efficient, but having an understanding of pricing, in the beginning, will be beneficial.

Be aware of all the other roles that come with owning a small business. You won’t just be making the products you’re passionate about everyday. You’ll be the photographer, packager, shipper, admin, and many other things. Make sure you’ll be able to perform all of those tasks, at least in the beginning until you can, or want, to outsource those roles.

 

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