Start A scrunchie making side hustle
Scrunchie making Side Hustle Run Down:
Scrunchies are in high demand lately and people just can’t get enough of them! Scrunchies are a great product to make and sell because they are quick and easy to create, they can be tailored to a niche easily and there’s a big market for selling them! Material and elastic can be purchased cheap to help you increase your profit margins. You may choose to go to markets to get your scrunchies out there, or just sell online through Marketplace and etsy. See what products we recommend you start with below and don’t forget to read our tips on how to increase your sales!
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PROS AND CONS OF A SCRUNCHIE MAKING SIDE HUSTLE
PROS
- Easy and fun to make
- Very easy to learn how to make if you haven’t already got the skills or knowledge
- Scrunchies are ‘in’ and popular
- Material and elastic fan be purchased affordably
- Big market – many women (and even men!) style and wear scrunchies in their hair!
CONS
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- Low profit margins, you may only make a few dollars profit per item – but making in bulk and making them quickly helps to make it more profitable
- They are ‘trendy’ and in fashion at the moment – so likely to go out of fashion again at some point (but will come back eventually! They always do!)
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Effort Required To Start a Scrunchie Making side hustle
To get started: Moderate
You will need to purchase materials that you like and think will make great looking scrunchies. This can take some time heading to Spotlight, Lincraft, your local fabric store or looking for materials online. Then you will need to physically cut up the fabric and elastic before sewing them all together – but this isn’t difficult work! Can easily be done with a good Netflix series on the background. Uploading pictures to social media to sell will take some effort too, but if you’re familiar with social media then again – it’s not difficult work.
Ongoing: Moderate
You will need to continually make scrunchies to sell through your channels, but if you can do big chunks of cutting and sewing at a time then there will be lower periods of work too. Updating your social channels and attending markets will also need to continue should you want to keep selling your wonderful creations!
Scrunchie making Business / Side Hustle Earning Potential
Earning potential for a Scrunchie making side hustle is low-medium. Making scrunchies isn’t hard work but is unlikely to make you rich overnight! There is potentially to earn more if you can build up a prestige brand around your scrunchies and use more lux materials (which can be done!). Otherwise, you will likely charge between $3-10 for a scrunchie. You then have to take into consideration your material costs after this, so you need to sell larger quantities to make more money. Choosing a niche or building a quality brand around your scrunchies though will allow you to charge and make more!
Cost Required To Start A Scrunchie making SIDE HUSTLE
Costs required to get started can be very low, especially if you already own a sewing machine (if you don’t – they can be very afforable!)
To get started you will need to purchase a few different materials in great patterns – approx $20
Purchase elastic for your scrunchies – $20
If you don’t already own one, a sewing machine can set you back from about $100-$500, or a mini portable sewing machine could be a better option for you just starting out ($30-$50). However, if you’re wanting to spend more time sewing and be more efficient, then a sewing machine really is the way to go! It opens up your sewing projects to a whole other level and offers different stitches for what you need to achieve.
GET STARTED TODAY
A Super Affordable, Starter Sewing Machine Could be the way to go!
SEWING KIT WITH EVERYTHING YOU NEED TO GET GOING
SCRUNCHIE HOLDERS MAKE YOUR PRODUCTS LOOK GREAT AT MARKETS AND IN SOCIAL POSTS
How Do I Start My Own Scrunchie making Side Hustle?
1. Pick your brand name, make a logo and set up your social media accounts
2. Buy what you need!
3. Start sewing and getting things together. If you don’t know how to make scrunchies look at YouTube Tutorials like this one here – it’s really easy!
4. Post your designs and creations to your social accounts or website
5. Start looking for markets you could book into if you’re wanting to attend markets! Sometimes selling in person is a great way to capitalise on impulse purchases and some people prefer to buy products once they have seen and felt them.
6. Build a website if you want to sell through your own website online!
7. Encourage reviews and people to spread the word about your scrunchies!
Ideas To Boost Your SCRUNCHIE MAKING Side Hustle
- The scrap bin at Spotlight/your local craft store can be an awesome place to find some bargain material!
- Choose a niche! Might be AFL scrunchies, or school coloured scrunchies
- A friend of mine has started supplying her scrunchies to gift-box makers which is an awesome way to have ongoing business and deal with one business rather than numerous customers. She charges a wholesale rate, but is guaranteed to sell 50+ at a time so maybe try to get in touch with businesses in your area and partner up!
