How Profitable Is A Diy And Crafts Blog? (Updated for 2024)
So you want to start a DIY and crafts blog?
And the first question that came to your mind was, “well, are DIY and crafts blogs actually profitable?”
Especially considering:
- You could start a DIY and crafts blog with as low as $100
- Based on our data, DIY and crafts blogs generate an average of $1.08M per year
There’s money to be made. Don’t worry.
But, I don't want to spoil it all. Below we’ll cover everything you need to know when it comes to the profitability of a DIY and crafts blog.
Let’s dive in!
Is a DIY and crafts blog profitable?
Yes, a DIY and crafts blog is generally a profitable business. However, you still need to consider several factors since these things always impact the overall outcome.
For instance, since average revenue is $1.08M per year with an estimated gross margin of 80%, you could expect to recover your investment within 6 months or even less.
But of course, it all comes down to how much you earn compared to the potential revenues of your DIY and crafts blog.
To determine whether your business is profitable, you should earn more than your expenses in the beginning months. However, while you're in your first month, it can be challenging to know what to expect.
Therefore, you should maintain a record of your monthly expenses and income to determine whether you're meeting your goals. By doing this step, you can see how your DIY and crafts blog is doing and if any changes or adjustments need to be made to enhance or maintain your efforts.
Is a DIY and crafts blog worth it?
If you’re wondering if a DIY and crafts blog is worth it, the answer is a big YES. With DIY and crafts blogs, you have the potential to earn $1.08M per year (this is based on data reported by real founders).
Further, you could have your initial investment back within months. Simply put, it’s a business worth a shot, especially if you have the resources and make the necessary efforts to achieve or surpass the target.
With a market size of $, it will be possible for you to build something that grows and turns into a flourishing business. As such, it’s the type of business you might want to consider starting.
Of course, you must learn and understand every aspect of running a DIY and crafts blog to ensure success. Still, as long as you have the initial investment and can endure a few months before your actual gains, this business could be worth it.
You might want to consider reading more specifics about successful DIY and crafts blogs case studies.
Examples Of Profitable Diy And Crafts Blogs
Here are a few examples of profitable DIY and crafts blogs, and a few more details about them:
1. The Crafty Gentleman ($14.4K/year)
I got in touch with the founder himself, Mike, who had always been interested in crafts and DIY. He noticed a gap in the market for contemporary, accessible, gender-neutral crafts and decided to start a blog where he shared simple craft tutorials. The blog gained traction and he started receiving offers for sponsored partnerships, which led to the growth of his business.
Is it profitable? Yes
How much money it makes: $14.4K/year
How much did it cost to start: $0
The Crafty Gentleman, a UK-based DIY and craft blog, generates over $1.2k per month through sponsored brand partnerships and recently launched an online shop after organically growing a reader base and consistently nurturing an engaging online presence.
2. Grandmas House DIY ($24K/year)
Tarah Wolff, the founder of Grandma's House DIY, came up with the idea for her blog while renovating her grandparents' 100-year-old farmhouse. Inspired by her love for DIY projects and woodworking, Tarah decided to document and share her renovation journey, providing inspiration and motivation for others. Since its launch, Grandma's House DIY has seen steady growth, with monthly revenue currently reaching $2,000.
Is it profitable? Yes
How much money it makes: $24K/year
How much did it cost to start: $1K
A DIY and renovations blog called Grandma's House DIY, founded by Tarah Wolff, is bringing in around $2,000 a month, and has grown to average 40k monthly sessions with around 70k monthly page views, through consistent posting and promotion on niche websites.
3. RedTedArt ($264K/year)
Maggy Woodley, the founder of Red Ted Art, started the blog as a way to make some extra income while staying home with her kids. She initially tried selling pop art canvases but discovered a love for blogging and crafts. Through dedication and perseverance, she built up her blog and now earns a full-time salary through various revenue streams such as automated adverts, pre-roll ads on YouTube, and sponsored projects.
Is it profitable? Yes
How much money it makes: $264K/year
How much did it cost to start: $0
Discover how Maggy Woodley built Red Ted Art, a crafts blog that now generates $22k per month through various revenue streams, including automated adverts, sponsored projects, and publishing books, all while keeping the projects accessible and easy to replicate.
Learn more about starting a DIY and crafts blog:
Where to start?
-> How much does it cost to start a DIY and crafts blog?
-> Pros and cons of a DIY and crafts blog
Need inspiration?
-> Other DIY and crafts blog success stories
-> Marketing ideas for a DIY and crafts blog
Other resources
How much can you make with a DIY and crafts blog?
With a DIY and crafts blog, you can make an average of $1.08M revenue per year (based on data reported by real businesses).
You can start with an initial investment as low as $100. Then, with proper knowledge and sustained effort, you could have an ROI (return of investment) within 6 months.
How much does a DIY and crafts blog make a week?
Based on our data, average weekly revenue for a DIY and crafts blog ranges around $22.6K. As such, you could see monthly revenues of $90.2K.
To know if your DIY and crafts blog achieves the weekly profit target, you need to keep track of the total earnings you get per day. Afterward, you'll want to consider subtracting the expenses you have daily.
Learning your weekly profit can also show whether you're hitting your target goal for your DIY and crafts blog.
How much do DIY and crafts blogs owners make?
The income of a DIY and crafts blog owner can vary depending on various factors such as location, size, competition, and the owner's business skills.
But to give you some idea, the weekly revenue of an established DIY and crafts blog is about $22.6K. But this can be lower or higher depending on so many factors - it's almost impossible to say exactly.
While the potential for earning a good income as a DIY and crafts blog owner exists, success in this field requires a commitment to providing quality products and services and building a strong reputation within the community.
Diy And Crafts Blog Profit Margins
Generally speaking, a DIY and crafts blog can expect profit margin of around 80%. Profit margins refer to the percentage of revenue that remains after deducting all expenses associated with running a business. In the case of a DIY and crafts blog, profit margins can vary depending on various factors, such as the type and quality of products sold, the size of the store, and the level of competition in the area.
However, these figures can vary depending on the pricing strategy, inventory management, and overall efficiency of the business. To maintain healthy profit margins, DIY and crafts blog owners must focus on managing costs, negotiating favorable supplier terms, and providing high-quality products and services to attract and retain customers. By doing so, DIY and crafts blog owners can ensure long-term sustainability and profitability for their business.
Diy and crafts blog owner salary
The salary of a DIY and crafts blog owner is an unpredictable figure. It's significantly influenced by numerous factors, including the store's location, its size, and the degree of competition. An owner of a well-established DIY and crafts blog, in a prime position, might see an average weekly salary around the ballpark of $18K.
But it's worth noting, such numbers aren't always consistent. The earnings can vary wildly, potentially swinging by as much as 80% either way.
Achieving consistent success and maintaining a reliable income stream in this industry requires a deep commitment. It's imperative to offer high-quality products, deliver impeccable customer service, and nurture a trusted bond with the community you serve.
Conclusion
In a nutshell, based on many of our examples, a DIY and crafts blog may be a promising business to start - but the success of your DIY and crafts blog mostly depends on your effort and your approach.
If you focus on these, you'll have a much higher chance of a profitable DIY and crafts blog.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
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