Golf Equipment Retail Business

The golf equipment supplies business will become an online supplier for all golfing gear including include golf balls, golf shoes, golf clubs, and other aids such as wedges and putters.

 

  • Description

Description

 Market Research

The golfing equipment market in Australia is huge yet globally, its size is mammoth being valued at $8,156 million in 2016, and is expected to reach $9,666 million by 2023, registering a CAGR of 2.6% from 2017 to 2023.

Golf equipment consists of various items that are essential to play the sport of golf, and are also crucial in providing an enriched experience to the player. The golf clubs segment is expected to dominate the golf equipment industry during the forecast period however, the golf balls segment is expected to generate significant demand among consumers.

There were approx 5400 people in Australia searching for golf shop per month yet there are approx 12000 people searching for golf clubs and 2900 searching golf balls alone. Worldwide there were over 201,000 searches for golf clubs and 60,000 searches for golf balls monthly on Google.

Please Note: The data shown above is derived solely from the Google search engine and does not consider search data and volume from other search engines.

The Potential

The golf equipment supplies business will become an online supplier for all golfing gear including include golf balls, golf shoes, golf clubs, and other aids such as wedges and putters.

The business owner will be able to supply both consumers and businesses in Australia and various other countries with both pre-branded and with custom branding and packaging.

Profitability

Using the search data above, we take the sale price of a typical golf club package is $500. Purchasing this directly from our Manufacturer will cost approx $210.00, giving this product a markup of approx 140%. Therefore, if profit is $290 and you converted 0.1% of the 12000 monthly searches for golf clubs, your revenue will be $290 x 120 (Sales) = $34,800 / month ** Minus Advertising Costs.

** Please keep in mind that any potential earnings or income mentioned is general in nature and dependent on a variety of factors. It is to be used strictly as a guide only.

*** Profit potential also doesn’t include other forms of advertising that can be employed by the owner such as B2B email mailouts, Facebook & Instagram Marketing, Online support groups and more.

Suppliers

Suppliers for this business have been sourced and verified for this business from multiple countries and have been trading for over 5 years. Minimum stock order requirements are very low and certain products have no minimum requirements.

Our import team will always negotiate and liaise with suppliers to enquire that not only are products are of the highest quality, but pricing is always excellent including shipping costs.Furthermore by designing your own custom packaging and stationery, brand awareness will drive higher levels of traffics and sales.

If carrying your own stock or branding is not something that is essential, then this business can be operated solely on a drop ship basis which doesn’t require the operator to hold any stock. This alternative model for this business allows for products to be directly shipped to customers without carrying any stock.

Our system provides  automatic stock level updates, in-built supplier verification system and one-click ordering from various supplies from a marketplace consisting of over 10,000 suppliers.

Inclusions

  • Domain Name Research & Suggestions
  • Transfer & Ownership of domain name.
  • Professionally Designed Logo
  • Australian Developed Ecommerce Ready Website.
  • Custom Designed Website Graphics
  • Page Content Writing
  • Product Import Management
  • Reliable Supplier Contacts
  • Supplier Liaison and Price Negotiation
  • Product Catalog Setup & Import
  • Product Category Set up
  • Import of 200 – 350 Products
  • Transfer of Hosted Database
  • Set up of New Hosting and Transfer
  • Built-in Advanced Drop-Ship System
  • Automatic Supplier Score Feature
  • Custom Stationary Design
  • Ownership of all master graphics, banners and logos.
  • Instagram Business Account
  • Facebook Business Page
  • Custom Facebook Marketing Campaign
  • Google AdWords Campaign
  • Ebay Shop Integration
  • Accounting Software Integration
  • Site Speed Optimization
  • Search Engine Optimization
  • Multi Currency Converter
  • Custom Designed Facebook Adverts & Banner
  • Stripe / Afterpay Payment Setup
  • Paypal Payment Setup
  • 50+ Hours of Marketing Training Videos
  • Personal 1 on 1 Training Sessions
  • 12 Months of Support by Email, Skype and Phone
  • Lifetime Business Technical Support

More Information

For more information and to answer any more questions you may have regarding this business opportunity, please do not hesitate to contact us .