Never been a huge fan of the teflon tape. Tried it for a while but didn’t like it, perhaps with the exception of the drone slides. Waxed hemp is good but I’ve found that dental floss is quite handy. Any flavour will do - i don’t think it makes too much difference
Ok I tried using sewing thread, and it fits nicely, then when I push on the bellows, it doesn’t seem to be working. I just hear air coming through the pipe and it makes no sound.
Try to close all the holes and blow - so you can see if there isn’t any leak elsewhere.
And as silly as it may sound, did you try to increase the pressure? If the reed is too hard, it may need some noticeable pressure. Also, there can be something wrong with the reed. If you have time, and those other things don’t work, could you post photos of the reed?