There were 1472 punch needle items listed today, Friday the 13th. I arranged them into a descending list of “ending soonest.” I managed to scroll through 400 of them at 200 a page. Of those, only 11 had bids. There were four other auctions with bids, but they were either miscategorized or were in fact leather punching kits. Of the 11, virtually all were either “finished” punch needle projects OR punch needle supplies. Not one pattern had a bid. Besides the other math involved, the most important is that I would have a 0:400 chance of selling a pattern on Ebay today. I am hoping this is a bad sample.
So I swung over to PatternMart. com. There were 78 patterns for punch needle, but there was no way to determine how many were sold today. Indeed, there is no way of knowing if any of these patterns have ever been sold.
Being a glutton for punishment, I went to Etsy, which is purported to host upwards of 400,000 sellers. There were 564 punch needle items, mostly patterns, but also tools and accessories. Here too there was no way to identify what items, if any, were sold on this day.
It does not bode well for punch needle patterns. And frankly, it does not bode well for anyone or anything on any of these sites. Can there be such a thing as too much competition? I think there can. Whereas when the market price is driven down by high supply and low demand for consumables I need, I consider it a good thing. But when the bottom falls out of the punch needle patterns (and single family homes) market because of the glut, that is a bad thing. We’re definitely in a punch needle pattern recession. And there is no doubt about the housing crisis.
OK, silly analogies aside, things don’t look good for me and my new venture. However, because I enjoy the activity of creating these, I’m just going to keep on designing them and hope for a change in demand. In the meantime, I will do my part to pique new punch needle interest by writing about the art form, putting up a little history now and then, and instead of hiding my designs, keep showing them along with ideas about how to use them.
It is Friday the 13th after all, and as a paraskevidekatriaphobic, I probably should not have looked all this information up today. Honestly, I was just taking a break from my online testing for those Rn CEU’s. Bad call.