E85 Transcript
Alright guys! You've done everything right. The display looks good. Or the post was exactly what you wanted it to be. The website is clean, the photos are strong, the product descriptions say what they need to say. Maybe you sent the mailer. Maybe you updated the listings. Maybe you showed up at the market with your best work and your best energy and you were ready.
And then ā well, not nothing exactly. People come through. Browsers scroll past. Someone clicks on the listing. Someone stops at the booth. Someone saves the post. And then they move on. No purchase. No follow up. Just - nothing.
And your brain starts doing what brains do. Do I need to lower my price? Are the photos good enough? The display? The work itself? Am I doing this wrong? Is this even worth continuing? I shouldnāt be doing this. Iām not cut out for this.
Now, I want to talk to you about that little spiral. You know, that thing you just did- all the way to the bottom? Because I think almost everything it's pointing at is wrong. And I think once you understand what's actually driving buyer behavior right now - not as a feeling but as a documented reality - the whole conversation in your head is going to change.
Let me start with the feelings that go along with everything I just said. Because I think it's worth dragging it out of the shadows before we get into anything else.
There is a specific kind of discouragement that comes from putting real work into the world - the making, the photographing, the listing, the showing up - and then watching it fail to connect. It's not the dramatic crash of a complete failure. It's much quieter than that and in some ways harder to deal with. It's the post that got seen but not acted on. The listing that got visited but not purchased. The person who stood at your display for a full minute, really looked, and then walked away. The mailer that went out and produced silence.
That quiet is demoralizing in a particular way because it doesn't give you anything to push back against. If someone told you the price was too high or the photos weren't working you'd have something to address. But silence just sits there. And in the absence of clear feedback your brain fills the space with the worst available explanation. Something is wrong with the work. Something is wrong with me. Maybe I'm not cut out for this.
And here is what I want to say about that. The spiral is understandable. Every maker I know has been in it at some point. But the explanation your brain reaches for in that silence - the one that makes it about you and your work specifically - is almost always wrong. Or at least incomplete in a huge way ā and that really matters.
Because what's happening with buyers right now has very little to do with any individual maker or any individual piece of work. It has a lot to do with something much bigger and much more documented. Now, understanding that doesn't make the quiet less uncomfortable. But it does mean you stop diagnosing the wrong problem. And that changes everything about what you do next.
Because here is what the research actually shows about where buyers are right now.
There is a term showing up across multiple major consumer research reports right now. Uncertainty fatigue. NielsonIQ's (or NIQ for short) 2026 Consumer Outlook names it directly - even among financially stable households, the dominant mood is measured rather than free. People are saving more, paying down debt, looking for what the researchers call financial insurance. They arenāt broke. Theyāre wary. And wary looks almost identical to indifference from the other side of a display. The person who picks something up and puts it back down isn't necessarily saying no. They're saying not yet - and there's a meaningful difference between those two things.
AlixPartners released their 2026 Global Consumer Outlook in December of last year based on a survey of more than 13,000 consumers across nine countries. What they found was a sharp global pullback in spending intentions - the swing toward lower planned spending widened by more than 60% compared to previous years. Americans specifically are scaling back across discretionary retail categories. Prioritizing saving any extra money over spending it. Handmade art and fiber work sits squarely in discretionary spending. When that category contracts it is not a reflection of your work or your display or your pricing. It is a structural shift happening across every discretionary category simultaneously. Knowing that doesn't make a slow day easier exactly - but it does mean you're not diagnosing the right problem when you start wondering what's wrong with you specifically.
Upside's 2025 Consumer Spend Report - sourced from over 10 billion retail transactions and more than 11,000 consumer survey responses - put it plainly. Consumer behavior is less predictable, more selective, and less brand loyal than it has been in years. Their phrase for it was āuncommitted behavior.ā And their conclusion was that this is not a temporary condition. It is here to stay for the foreseeable future. The buyer who used to make a decision on the spot now makes it over several touchpoints. The buyer who used to be loyal to a maker or a brand now evaluates each purchase independently. That's not a personal rejection. It's a pattern playing out across every category of discretionary spending right now. Knowing this is a huge advantage in our market!
Now here is the one I find most interesting and most underreported. Multiple research sources are documenting what they call a ābifurcation in spending.ā Basically a split. Consumer behavior in spending is pulling apart toward two very different ends of the spectrum. Budget at one end - the cheapest available option, the thing that costs the least and does the job adequately. Premium at the other - genuinely exceptional quality with a real story and real expertise behind it. And the middle - the broad comfortable range where most makers price their work - is under significant pressure right now. Not because buyers have stopped valuing quality. Because they've stopped being willing to commit to the middle when they're uncertain. When money feels tight or uncertain, people either go cheap or they go exceptional. The in-between is where hesitation lives.
Hereās why I find this so fascinating - because I think it's the most actionable piece of research in this whole conversation and I don't want to just buzz over it too quickly. The implication for serious makers is not what most people assume it is. Most makers look at a difficult spending environment and think they need to lower their prices to reduce the barrier. The bifurcation research actually argues the opposite. Lowering prices moves you toward the middle of the market - exactly where buyer hesitation is highest right now. The premium end is where considered purchases are still happening. Which means the response to a cautious buyer environment is not to make your work cheaper. It's to make your work's story clearer. To justify the price through the story rather than eliminating the price through discounting. Those are very different strategies with very different long-term consequences for your practice.
And then there is the longer arc underneath all of this. McKinsey's State of the Consumer research makes a great point that I think a lot of people in the making world haven't even considered yet. What once seemed like temporary pandemic adjustments have solidified into lasting behavioral change. The old frameworks for understanding how buyers make decisions no longer apply. Six years of operating inside uncertainty - economic volatility, political turbulence, supply chain disruption, inflation - leaves a mark on how people spend. That mark doesn't erase quickly. The buyer standing in front of your work today has been making cautious decisions for long enough that caution has become their default setting. While it may no longer be as necessary, it feels familiar and therefore is what we do. That's not going to change because you rearrange the display.
So. The buyer who looks at your listing and doesn't click. Who stands at your display for a full minute and then walks away. Who saves your post and doesn't follow up. They are navigating all of that. Every single time they encounter your work. And understanding that is the first step toward responding to it usefully rather than just feeling defeated by it.
Now here is something I don't want you to miss inside all of that research. Because there is a piece of it that is genuinely good news and most makers are reading the slow sales environment as purely bad news.
The cautious buyer is not a lost buyer.
The research does not say buyers have stopped wanting handmade work. It says buyers have changed how they decide to commit to it. The impulse purchase is down. The considered purchase - the buyer who comes back twice, who takes a card and looks up the website later, who follows the account and buys three weeks after the first encounter - that is what's working right now.
The Craft Industry Alliance's research on what wins in 2026 is specific about this. The brands and events that succeed will be those that replace convenience with connection.
Let me say that again: The brands and events that succeed will be those that replace convenience with connection.
Community building. Education driven engagement. Smarter product stories. Not more product. More story around the product.
And the art market research adds something else to the mix. Artisan craft based handmade work is gaining popularity specifically as a counterpoint to AI generated imagery. We talked about that a few weeks ago. Buyers are gravitating toward work with visible evidence of a human hand. The appetite for what serious makers produce is real and it is growing. The buyer who is cautious about spending is often not cautious about this category in particular. They are cautious about everything. Which means the maker who gives them a genuine reason to commit - a story, a real human exchange, a connection to the work - is working with the grain of what that buyer actually wants rather than against it.
Letās go back to the bifurcation for a second because I donāt want you to misread it. The middle is under pressure. But the premium end is not. Genuine quality, genuine story, genuine expertise - that end is holding. The buyer who is cutting back is not cutting back on exceptional. They are being more selective about what qualifies as exceptional. That selectivity is not your enemy. It is an invitation to be clearer about what makes your work worth the commitment.
So what does that actually look like in practice?
The first thing - tell the story of the work out loud. Not on a sign. Not in a caption. In actual conversation with the actual person standing in front of you or engaging with your content. The buyer who lingers, who saves a post, who visits a listing more than once, who picks something up and doesn't put it down immediately - that person is often not done considering. They are waiting for a reason to commit. And that reason is almost never the object in isolation. It is the knowledge of who made it, what went into it, what problem it solves or what feeling it creates, and why it looks the way it does. One genuine conversation about the work - two minutes, no sales pressure, just honest enthusiasm for what you made and why - converts more cautious buyers than any display arrangement or pricing strategy. The buyer who feels like they know something about the maker and the work is a buyer who can justify the purchase to themselves. Give them that.
Make the process visible wherever you can. If you can demonstrate, demonstrate. If you can show work in progress on your feed, in your stories, in a video that runs on a loop at your display - show it. The research on what attracts cautious buyers in 2026 consistently points at this. The evidence of the human hand actively at work. The visible proof that a real person with real skill made this specific thing through a real process. A buyer who has watched you work, even briefly, even on a phone screen three weeks before they encounter your work in person, has already started building the connection that makes the considered purchase possible. And a buyer who watches a demonstration in person is a buyer who is already emotionally invested in what you're making before you've said a single word about price.
Collect contact information deliberately and consistently. This is the one that most makers underutilize and it might be the highest leverage thing available in a slow sales environment. The buyer who doesn't commit today is not necessarily a buyer who won't. They may simply need another touchpoint or two before the decision feels right. A simple sign-up with something worth signing up for - early access to new work, a newsletter with genuine content, a notification when you're doing your next show - these are the mechanisms that turn a browser into a buyer later. The considered purchase that the research says is replacing the impulse purchase often happens on the second or third encounter with your work. If you have no way to facilitate that second encounter you are leaving a significant number of potential sales permanently on the table.
Think about what you're building in terms of relationships rather than transactions. A post that gets saved but not acted on immediately, a display that gets admired but not purchased from that day, a listing that gets visited multiple times but not yet converted - none of those are failures if they're building something. They are the early stages of the considered purchase process. The buyer who comes back to your booth at the next show because they've been thinking about that piece since the last one. The buyer who finally clicks through after seeing your process three times on their feed. The buyer who tells a friend because they had a genuine conversation with you six months ago even though they didn't buy that day. That compounds over time in a way that single transaction thinking misses entirely. A slow show or a quiet online month looks very different when you're measuring relationship building instead of same-day conversion.
Price to the work not to your anxiety. I want to come back to this because the bifurcation finding makes it more important than ever and it runs counter to the instinct most makers have when sales feel slow. The pull to lower prices as a response to buyer hesitation is understandable. It feels like reducing the barrier. But what the research actually shows is that lowering prices moves you toward the middle of the market - exactly where buyer hesitation is highest right now. The cautious buyer is not hesitating because your price is too high. They are hesitating because they haven't yet been given a reason compelling enough to commit. Those are completely different problems. Lowering the price doesn't solve the second problem. It just costs you margin while leaving the actual obstacle in place. Price the work at what it's worth. Build the story that justifies it. Use the conversation, the process visibility, the genuine connection to do the work that the price tag alone cannot do. That combination is what works in this environment. The discount alone almost never does.
And finally - play the long game with real intention. One slow period in a cautious consumer environment is data, not a verdict. But only if you're collecting the data deliberately. What did you learn about your product mix? About which pieces got the most attention even if they didn't sell? About which conversations went somewhere and which ones didn't? About which platforms or venues are bringing you closer to the buyer who is actually looking for what you make? Every slow period has information in it if you're paying attention. The makers who build sustainable practices in difficult environments are the ones who treat each slow stretch as a source of intelligence rather than a reason to quit or a reason to panic.
The environment is genuinely more difficult right now than it was a few years ago. Consumer confidence is suppressed, discretionary spending is under pressure, and the buyer engaging with your work is more cautious and more selective than they used to be. Thatās just the truth of the current situation.
And the appetite for what serious makers produce - work with a real human story, visible evidence of skill and decision, the kind of object that couldn't have come from anywhere but a specific person who cared about a specific outcome - that appetite is real and growing at the same time. Both things are true simultaneously.
Last week we talked about the cultural tailwind. This week is the honest companion to that conversation. The tailwind is real and the buyer is complicated. Understanding both is what lets you navigate the current environment without either panicking or pretending nothing has changed.
If this is the kind of thinking you want to be doing alongside your actual work - not just how to make better work but how to think clearly about the environment the work lives in, how to navigate a complicated market without either panicking or giving up - that's exactly what happens inside the Fabric and Fiber Studio. The application window is now open, and will close on the 31st. We welcome the new cohort on August 6th. If you've been thinking about this, now is genuinely the moment - not next time, this time. All the details are at virginialeighstudio.com/thestudio and the link is in the show notes. I'd love to have you in the room.
Here is what I want you to carry out of this conversation.
The quiet is not the verdict. The post that didn't convert, the listing that got visited and left, the work that got admired and not taken home - that quiet has a context. And the context is bigger than you and bigger than your work and bigger than anything you could have done differently that day.
You are making serious work in a genuinely difficult moment. Thatās just the way it is right now. And you are doing it anyway. That matters more than a single slow stretch.
The buyer who went quiet is not gone. They are cautious and selective and waiting for something that feels worth committing to in a world that has given them a lot of reasons to hold back. Your job is not to convince them. It's to give them a genuine reason. The story. The process. The real human exchange that no algorithm and no mass production line can replicate.
That's what you have. That's what you've been building. And the environment that made the cautious buyer also made what you do rare, and desirable, and worth something in a way it hasn't been before.
Show up for that. Keep building. Keep telling the story.
Join me right here next week as I disclose what my personal plan is to deal with this.
See you then.