7 Wood Projects that Make Money

Posted on

Wood Projects that Make More Money – Today I want to show you 7 ways to make money with furniture and wood.

We all know that depending on a type of customer is only very risky for your business, as the saying goes “Do not put all the eggs in the same basket”, so I decided to write this post to show different areas, but everything within the Madeira sector and Furniture.

It’s worth noting that ALL of these areas I’ve worked on, so I’m talking about my own experience, okay?

 

7 Wood Projects that Make Money

 

1- Handicraft in MDF (Series production)

Wood Projects that Make More Money

In this business model, carpentry equipment is required, but may use more “light” equipment depending on the material to be used, which are usually MDF sheets of 3, 6,9,12,15,18,25 mm. Also has companies that work with natural wood that in the majority is the pinus for being softwood and of planted forest.

The companies in this sector have joined the technologies in the machines to the Laser and CNC to make cuts faster and precise, accelerating much the production.

It is a business model that to have recurring success in my view is necessary to have product development constantly because a company reproduces one of the others very easily and can not offer different parts to its customers. Customers are handicraft materials stores, distributors, wholesalers, end consumers can also be, depending on the strategy adopted by the company.

 

2- Creation drawings for handicraft factories MDF

Wood Projects that Make More Money

Wood projects that make money – As I said above, for MDF craft companies to become more competitive and have a great differential they have to create parts constantly. For all companies have their machines and equipment much like that, and the labor force as well.

I’ve always tried to stand out from my competitors in the creation and design part because here I can not compete, if I create a piece today, I can produce and distribute a lot before the competitor copies and when I’m copying those models, we’re already preparing others. It is very worthwhile for companies to invest in creative professionals.

Look for inspiration outside the internet too, I know it’s tempting to open Google and get a lot of images and start doing, but then you will only be one more and this modality that I indicate is you work creating new parts for these companies.

The advantages are:

  • It requires little or no investment.
  • It’s a crowded market knowing you’re an artist, so there are no people like you.
  • You can work in the comfort of your home.
  • You can create a part, a collection, an entire catalog.
  • You create only once and can sell to multiple companies.

 

3- Wood Art (filigree) exclusive pieces

Wood Projects that Make More Money

Wood projects that make money – The concept “Filigree in wood, consists in the art of cutting the wood, using manual tools used in the art of goldsmithing and electric tools. This method gives the artisan work a cast and/or superimposed aspect, which allows the construction of pieces in relief, valuing emptiness and matter as aesthetic forms “.

In this universe of wood, I go here that I started, I had just graduated in Agroecology and together with my friend, I decided to learn. I went to a joinery and took out several pieces of 4mm plywood, bought a bow and sheet and started to cut the pieces.

After a year or so the results already appear, we were invited to teach step by step in this specialized magazine.

The interesting thing about this technique is that you create your own works and can sell for out-of-market prices as they are unique pieces. Just for you to have an idea, that piece above that is a model of an altar and did not cost me $ 20.00 of materials and have already offered me more than $ 3,000.00, but still have not sold!

I recommend that you create more “commercial” product lines, ie pieces of the day to day to get a spin, start selling if your need is. For example lamps, tea boxes, picture frames, cencers etc …

 

4- Series production cabinet

Wood Projects that Make More Money

Wood projects that make money – In this type of business, it is necessary a structure of joinery with machines and equipment to machine wood and plates.

The interesting thing about this market is you can create furniture for various segments such as:

A hairdressing salon, Pet market, Small apartments, meet industry demands in general. When I had my carpentry I received a proposal to make furniture in a series, that is, I had a collection ready and the company just wanted my workshop to reproduce and I did, see below some pieces.

You can also create MDF parts only without the need to work with natural woods, which gives much more work.

Sales can be through an e-commerce, for decoration shops, in marketplaces like the free market, olx among others.

 

5- Furniture planned (bespoke) or modular.

Wood Projects that Make More Money

Wood projects that make money – Due to the great growth of new constructions in planned condominiums and residences with smaller spaces, it is more than necessary that the furniture be all constructed taking advantage of the maximum of possible spaces and that is where this type of business enters.

You can work in 2 ways:

1- Custom-designed furniture: that is, it will assemble its own cabinet, buying all the equipment and machines, and provide this services to the final customer or to third parties as architects, engineers, and builders.

The advantage in this modality is that it is possible to offer a greater range of options to attend the clients and the whole process is under your control like prices, discounts, materials, the policy of guarantees etc …

And the downside is that you will have to invest a lot in marketing, in the beginning, to create an authority in the market and start receiving requests budgets, in addition to having to develop the whole process, such as projects, purchase of materials, machining, assembly etc.

2- Modular planned furniture: Here you are an authorized of an industry, in this case, there are more requirements in terms of initial investment, ie, will have to set up a showroom of the brand, buying furniture for presentation to customers.

The commercial point with attractive windows, place with enough movement and an infrastructure of assembly and projects is essential to be successful in this modality.

The great advantage is that industries already have the brands consolidated by having a large investment in marketing so you will not need much “cleverness” to convince the customer that you are offering something good. And the other advantage is that from having developed the project approved to the client is just send the file to manufactures, that your store will receive all the finished pieces, like edge finishes, holes, drawers anyway … Being necessary only to make the assembly in the customer’s home.

 

6- Design of planned furniture

Wood Projects that Make More Money

Wood projects that make money – As I said above, regardless of whether custom furniture is tailor-made or modular all will need to do projects. 3D projects nowadays is the easiest way for you to persuade your client or interested parties to close deals with your company, because they will see the final result, this makes it much easier to sell.

I’ve worked as a designer for both Modular and Cabinet Shops, both need and you can make money in this market by offering these designs to them.

If you search the internet you have a professional who offers this online service to the final consumer, who after buying the project go to the stores and backlogs of budgets.

You will need to pay for the license of a 3D software that there are many in the market, but what I like to use is Promob for its ease and graphic quality, I speak for my own experience because I have already used Vd max, Auto cad, Sketchup. And if you work for example for a company of modulates like Todeschini, Unicasa that owns brands like Favorita, Dellano, New you will have to dominate the Promob.

The good news is that this market needs a lot of professionals of this type, look at job sites the amount of supply it has!

 

7- Social Workshops – Social Responsibility

Wood Projects that Make More Money

Wood projects that make money – And the last and not the least important way of making money in the wood and furniture segment is teaching what you know or have learned.

I myself have been invited to give classes in social institutions several times and also participated in biddings of city halls. It’s a very rewarding thing because apart from helping people who need it the most, you still make money from it.

The good thing about this mode is that you do not have to stop all your activity, you can work 1x per week for example.

Just to get an idea of my last contract I earned more than $ 80.00 / hour class, working with less sent by judges to comply with socio-educational measures.

But you can teach your classes in your own spaces, or in spaces of third parties, offering your courses or workshops to different audiences such as young people, the elderly, women …

Check with your municipality for Social Assistance and see if they offer classes.

So Recapping How to Make Money with the Wood and Furniture Market in 7 Ways:

1- Handicraft in MDF (Series production)

2- Creation drawings for handicraft factories MDF

3- Wood art (filigree) exclusive pieces

4- Series production cabinet

5- Furniture planned (bespoke) or modular.

6- Design of planned furniture

7- Social Workshops – Social Responsibility

And if you want to see this video I speak of the 7 ways to make money with wood and furniture with more comment about it.

Please rate this

Leave a Reply