Hey Crafty Souls!
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Tumblr meditation air plant activated charcoal gluten-free. Cornhole chicharrones pabst coloring book woke scenester enamel pin plaid
Let me ask you a question that might feel a little uncomfortable.
You go to a craft fair. You make sales. You pack up at the end of the day feeling tired but proud. Maybe you even sell out of a few things. It feels like a good show.
But… did you actually make money?
One of the biggest mindset shifts I had to make in my handmade business was learning how to calculate craft show profit instead of guessing at it. Because for a long time, I did what most makers do. I looked at my revenue, subtracted my materials and booth fee, and figured whatever was left was profit.
Except that’s not how it works.
There are so many hidden costs of selling at craft fairs that quietly eat away at your margins if you’re not paying attention. And if you don’t account for them, you can walk away from a “successful” show thinking you did great when, in reality, you barely broke even.
Or worse, you lost money.
So let’s talk about how to actually determine whether a craft fair was worth it.
Before we go any further, we need to talk about two types of profit.
Gross profit and net profit.
Gross profit is the one most makers track. It’s simple. You take your revenue and subtract your direct expenses like your materials or cost of goods and your booth fee.
That’s helpful… but it’s not the full picture.
The number that actually tells the truth is your net profit.
Net profit includes everything it took to run that show. And that’s where things get a little more complicated, because the list of craft show expenses to track is longer than most people think.
When you start calculating your numbers this way, you stop guessing. You start making decisions based on real data instead of vibes.
And that changes everything.
One of the biggest surprises I see when makers start calculating their real numbers is how many expenses they weren’t including before.
Let’s talk about a few of the big ones.
First, mileage.
So many people skip this because they think, “Well, I take the mileage deduction on my taxes.” Which is great—but that doesn’t help you determine if the show was worth doing in the first place.
Driving two hours to a show has a cost. Not just in gas, but in wear and tear on your vehicle and in your time.
Second, travel expenses.
If you had to stay overnight in a hotel or Airbnb, that absolutely needs to come out of your revenue when calculating your profit. That expense exists because of the show.
Third, food while you’re there.
This one seems small, but it adds up quickly over multiple events.
And finally, display costs.
Your tent, your tables, your shelving, your signage—all of that is part of running a craft show business. Those investments support your sales, which means they belong in your profitability calculations.
These are the kinds of hidden costs of selling at craft fairs that quietly chip away at what looks like profit on the surface.
Now we get to the part that most of us really don’t want to hear.
You need to pay yourself.
I’m not saying that from some pedestal of having done it perfectly. I didn’t pay myself consistently for the first four years of my business.
And honestly, it showed.
When you don’t include paying yourself in a handmade business as part of your expenses, you’re not calculating real profit. You’re calculating what’s left after you’ve paid everyone except the person who did all the work.
You.
Your time has value.
When you’re preparing inventory, loading your car, setting up your booth, standing for hours during the show, and packing everything back up again—that’s labor.
Eventually, you may want to hire someone to help run your booth. If your pricing and profit calculations don’t already include wages, that’s going to be incredibly hard to do.
Even if it’s just a simple hourly rate for now, adding that line item completely changes the way you evaluate whether a show was truly worth it.
Here’s the process I personally use after each show.
Not necessarily the same day—usually sometime during the following week when I’ve had a chance to breathe again.
I sit down and calculate my real numbers.
I subtract:
Once all of that comes out, what’s left is my actual profit.
This is the moment where you can finally answer the question many makers are quietly wondering:
Are craft fairs profitable?
The answer is… sometimes.
Some shows will absolutely crush it. Others will look good on the surface but fall apart when you calculate your hourly rate.
And that’s okay. The goal isn’t perfection. The goal is clarity.
Because once you understand how to calculate craft show profit, you can start choosing events more intentionally. You can prioritize the ones that truly support your business instead of draining it.
If spreadsheets make your eyes glaze over, I’ve got something for you.
I created a simple craft show profit calculation template to help you track your revenue, expenses, and real profit after each event.
You can download the free Craft Show Profit Checker here.
My hope is that it helps you stop guessing and start making confident decisions about the shows you choose to do.
And the next time you pack up after a craft fair, you won’t just feel like it was successful.
You’ll actually know.
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© 2024 Profit for Product, Money Coach for Small Product Businesses
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