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Home » Hobbies Articles » Handmade Toys Some Tips For Getting Started In Making Toys

Handmade Toys. Some tips for getting started in making toys.

According to some North American media reports there are a lot of imported toys being finished with paints containing lead. Large numbers of these imports have been recalled, hopefully we found them all. Considering the number of toys that are imported and the possibility of getting lead paint off these toys one could wonder what the alternative might be.

Some of us who are already retired or at least have some free time should be considering making wooden toys as one of our retirement hobbies. I'm also suggesting to you that there is a substantial market for handmade toys and this latest import problem has just increased that market. The type of handmade toys you choose to make will be determined by your interests and what you determine would be most popular in your area.

Start by getting yourself established with a good supplier of the materials you will need to make wooden toys or any other type of handmade toy you desire to make. You should never use sub-standard materials. I emphasize that quality is especially important for toys, they will get a lot of use and abuse. Quality is important for all practical items that your customers will use on a daily basis. A poorly fabricated toy or anything else you make, will get you a lot of unhappy folks, especially kids and you will quickly lose any customers you had.

Once you have established a relationship with a supplier for your supplies, you will need to consider what's needed in your area and what form your advertising should take. There are several ways in which you can market your toy products. Having a web site that you could direct clients to for a look at the toys you make is a fantastic way to get your name out there and to showcase your work. People who shop online are quick to refer you to their friends if they have had a pleasant experience and are happy with the outcome of their online toy purchase.

Local events and opportunities such as arts and crafts fairs, flea markets, trade shows, small outlet stores and even malls are all possible retail resources that you should investigate. Marketing your custom toy designs to specialty stores is a great way to start your home toy business. Make sure you maintain your level of quality throughout your business dealings and sales process. Anything less will have a negative impact on your success.

Give some of your toys to fund raising drives, silent charity auctions and regular charity auctions that are high profile. Your work will be associated with the high quality of the event. A charity auction is usually designed to raise funds and attracts the people who are eager to buy items at these auctions. Your work will get a lift in the eyes of these people just from your association with the event. This could lead to future sales if you market yourself properly at the event. It's even worth giving away some of your toys so you can say that "so and so" has some of your work. This kind of marketing can only improve your credibility in your local area.

Remember we have protection for intellectual property in the form of design copyrights to be considered. If a customer has a copyrighted design that s/he would like for you to fabricate don't forget this. However, the best part of all of this, the plus side, you can copyright your own designs. Consider this if you design a popular product no matter what it is. This could lead to increased revenues in your Home Based Business. Be vigilant and always try to improve your creation to make it the best it can be before copyrighting.

And here is another random article you might be interested in...

How to Find Value in No Load Mutual Fund Investing

What are you thinking when it comes to your no load mutual fund selections? Are you saving pennies and sacrificing dollars?

Are you spending your time looking at expense ratios, analyzing Morningstar ratings and searching for funds with low fees and no 12b1 charges?

If you are like most people, you know these things in and out. You've spent hours evaluating them, and your chosen mutual funds cost little to purchase and maintain. But they still don't perform to your hopes and expectations.

So, why is this happening? Because this kind of investing focuses on cost as opposed to value.

Investors with this philosophy have usually interviewed numerous advisors. But instead of trying to find someone suitable with a sensible approach, they only want to know who has the lowest fees. That's like going to the cheapest auto repair shop and getting the best price, but your car still doesn't run well.

Then there are the investors who call or email me wanting a recommendation on a no load mutual fund. They want one with no 12b1 charge, but they completely ignore the issue of how the fund might perform.

Both these kinds of investors spend their time trying to save pennies and in the process they are losing dollars. Instead of falling into the penny wise, dollar foolish trap, here are some ideas that will assist you in evaluating the end profit rather than just the short term saving.

1. Shift your focus from penny pinching to looking at the big picture: What can a mutual fund or an advisor do for you, not how much does it cost? Why? If you buy a given no load mutual fund at the right time and it gains a tidy 15% for you over a 6 week period, would you really care about the costs? If a mutual fund-or an advisor for that matter-can give you superior performance and an increase of several percentage points over your bargain price pick wouldn't you pay an extra 0.25%?

2. Consider finding a fee-based investment advisor who uses a facts-based methodology and has a track record indicating those kinds of returns. For example, in my own practice I used a trend tracking approach to get my clients into the market on April 29, 2003. Plus, our research and homework led us to recommending funds that gained anywhere from 11.50% to 22.00% over the following 6 week period. How did you do during that time? Do you think any of my clients care whether one of these funds has a small 12b 1 charge? Or whether they have the lowest expense ratios in the industry? I know they don't. (If you are looking for an advisor, please see my article "How to find an Investment Advisor" at http://www.successful-investment.com/articles18.htm)

The bottom line is to look at costs as balanced by performance and that's where you find value. Then seek true value not simple savings, enjoy healthy dollar-level returns and don't sweat the pennies.