58 // I Thought Selling More Products Would Make Me More Money (And What Worked Instead)
TRY ARTOVA FREE: https://www.artova.io/pricingThe all-in-one business planning platform for creatives. Work out exactly how much profit you're making from your products, organise your ideas and build a more profitable creative business.THE WORK IN PROGRESS LETTER CLUB: https://www.thecreativejuiceclub.com/A physical monthly letter for creative business owners, filled with honest business chats, actionable prompts, creative challenges and little extras to help you make progress.ABOUT THIS EPISODE:I used to think that if I wanted to make more money from my creative business, I simply needed to sell more products. More stickers, more prints, more collections and ultimately, more orders.But over time, I realised that selling more products doesn't necessarily mean making more money.In this episode of The Creative Juice Club Podcast, I'm sharing some of the biggest lessons I've learned from running my illustration business, including why the products we love making aren't always the ones that make the most financial sense.We're talking about the difference between profit margins and actual profit, the hidden cost of your time, physical versus digital products, and why constantly creating new collections isn't necessarily the best way to grow your income.I'll also share how I discovered that some of the products I was spending the least amount of time on were actually generating a significant portion of my business income, and how that changed the way I think about what I create and sell.Whether you're an artist, illustrator, maker or creative business owner selling handmade products, stationery, prints or digital downloads, this conversation is about taking a more intentional approach to the products you build your business around.Because ultimately, it's not about having the busiest shop or selling the most products. It's about building a creative business that generates the income you need, in a way you actually enjoy running.IN THIS EPISODE, WE EXPLORE:Why selling more products doesn't always mean earning more moneyThe difference between high profit margins and meaningful profitWhy bestselling products aren't necessarily the most worthwhileWhat I learned from comparing my physical and digital product salesThe hidden cost of making, packing and fulfilling orders yourselfWhy creating products people genuinely want matters more than constantly launching new collectionsHow to decide which products deserve more of your time, energy and attentionWhy the products that work when you're starting out aren't necessarily the ones that will take your business to the next stageIf you've been wondering how to make a full-time income from your art, how to make your handmade products more profitable, or whether there's a better way to grow your creative business without constantly adding more to your workload, I hope this episode gives you something to think about.MENTIONED IN THIS EPISODE:🎨 ARTOVA - Business Planning for CreativesArtova is the business planning platform I created specifically for artists, makers and creative business owners.Inside, you'll find the Product Profit Calculator I talk about in this episode, which helps you break down the costs involved in creating and selling your products so you can see how much profit you're actually making.Try ARTOVA free: https://www.artova.io/pricing🎧 LISTEN NEXTEpisode 45: How I Built a Creative Business That Doesn't Rely on Product SalesIf this episode has made you rethink the products you're selling, I'd recommend listening to episode 45 next.✨ WHERE TO FIND MEARTOVA: https://www.artova.io/pricingInstagram: https://www.instagram.com/thecreativejuiceclubWebsite: https://www.thecreativejuiceclub.com/YouTube: https://www.youtube.com/@thecreativejuiceclubApple Podcasts: https://podcasts.apple.com/gb/podcast/the-creative-juice-club/id1809390970Spotify: https://open.spotify.com/show/2uzbxivyo6HNyXHUWTcq6x