Business & Investment

14 steps to start Knitting business in Nigeria

Learn how to start Knitting business in NigeriaKnitting is a technique in which yarn is used to create a textile or fabric. Knitting business is not what makes a lot of money to start. The three major things needed for you to thrive in this business are:

  • Desire to knit
  • A needle
  • Yarn

14 steps to start Knitting business in Nigeria

14 steps to start Knitting business in Nigeria

The knitting business is one business that anyone that has the desire to knit can do so well and make cool money from. Once there is desire and patience, you can do well in the knitting business.

In this article, I’m going to present to you some steps you can follow to make it in knitting business.

1. Do Market Research

Discover those that like knitted items and target them. It is not everyone that loves knitted items, so it will be a waste of time, energy and resources meeting those ones that don’t like it.

Basically, you love knitting works because you are the one that knits and that is where your passion lies and there might even be some type of knitting you love so much but because you are not the one that will buy them, it is necessary to get their taste and go by what they like.

This will go a long way to save you the stress of making unwanted knitted items and will yield a very great return at the end.

Check out the designs that are already in the market and knit a unique one that is outstanding. Introduce new trends and designs and you will see customers rushing to buy your knitting items. Your handwork will do the advertisement for you and you will not struggle to get customers.

See Also: How to Start Peanut Business in Nigeria

2. Go For Different Patterns

Each item you introduce should come with a different pattern and color. Being creative with different types of yarns is a good step in starting the knitting business.

Once you introduce colors and creativity to your styles, your business will be graded among those that are experts in the business and it will make name for your business from the onset. Go more for unique natural yarn.

3. Add Discounts To Your Business

Introduce discounts to your items. This is one thing that Nigerians value much in business. Even if the cost is more than others with the discount attached, people will still come to patronize because of that discount.

Also add “buy two, get one free” to your business. This is a method in which a customer buys two knitted items and gets one free of charge. For example, a person can buy two hats and get knitted gloves for free.

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4. Test Run Your First Product

When you knit a few items, take it to the market and check how people are going to react to it. From the outcome of the sale, focus more on those ones sold well.

 

5. Discipline Yourself To Effectively Manage Your Time

Knitting is a kind of business that takes lots of time, if you don’t discipline yourself on the way you make use of your time then you will not go far in the business. So do well to stipulate your time; state a demarcating line between leisure time and time for your business.

 

6. Add School Children To Your Budget

The designs should also include children items like stockings, hats, headbands, and camisoles. Children value knitted items so well, especially when it is colorful and unique. Including them in your plan when you are knitting will increase your sales.

See Also: How To Start Wood Processing Business in Nigeria

7. Source For Designs Online and In Magazines

Search for other people’s designs online and through magazines to get tips on how you can add touch to your own design. Don’t copy their design verbatim else it will not yield the expected result.

 

8. Discover Quality Yarn Suppliers

Without yarn, nothing can be knitted, it is the major product. Source for those that deal on quality yarn and buy from them. Going for substandard materials will crash your business. It is good to have more than one supplier so that if one doesn’t have, you can get from another person. Don’t forget it has to do with wholesale supply, not retail.

 

9. Make Your Price Affordable

Don’t raise your price so high that people will start running away from you. Let it be placed at a reachable point where both adults and younger ones can have access to it. Don’t underrate any customer.

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10. Introduce Your Product To Schools

School is one organization that uses knitted materials. Most of their cardigans are knitted, even their stockings. If you come up with a very unique design and introduce it to school with their names neatly knitted at one side, you will win that school over to yourself even if they have the one they are using before. Creativeness is the key! Now think of the population you have in a school, and think of when you are able to get about ten (10) schools that patronize you.

 

11. Get A Business Name And Stick To It

Getting a business name makes your business unique. There should be a label bearing your business name on any item you produce. This distinguishes it from every other knitting business.

 

12. Create A Facebook Page For Your Business

Facebook is one social media that has a lot of people that are actively present on daily basis. Use your business name to create a page for your business and get people to like the page. Invite your contacts and tell them as well to invite their friends to like your page, by so doing, you will build a community for yourself.

As soon as you achieve that, begin to bombard the page with adverts of your finished products. Once you knit an item, quickly snap it and post and get your friends talking about it. As they are putting down their comments, their friends will also see it and get to know more about your products.

 

13. Create A Professional Website For Your Business

Get a professional website designer to design a website where you will talk more about your business. There should be a gallery where you will have different designs you have knitted posted for customers to view.

You should make it attractive so that people will enjoy going there. Include a chat portion where customers can chat with you and inquire more about any item they like.

See Also: How to Start Okada Business in Nigeria

14. Maintain A Good Customer Relationship

One problem people have is being able to keep customers they have already garnered to themselves. Some gather them and still use their attitude to pursue them. Avoid this as much as you can. Have a down to earth attitude and make every customer that comes your way happy. If any customer has a problem, try as much as you can to solve the problem; remember the saga “customer is always right”.

Conclusion

This is one of the lucrative businesses that you can start with very small capital. Just follow the 14 steps listed and manage your time well, then the rest will become stories of good fortunes.

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Chinonye Ikebaku

Chinonye is an IT Expert and a Content Developer at InfoGuideNIgeria.com. InfoGuide Nigeria is a team of Resource Persons and Consultants led by Ifiokobong Ibanga. Page maintained by Ifiokobong Ibanga. If you need a personal assistance on this topic, kindly contact us.

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