Kids Educational Toy Business

The educational toy business for kids will become an online retail supplier kids learning and educational toys and electronic learning devices.

 

  • Description

Description

 Market Research

The global educational toys market is anticipated to grow at a compound annual growth rate (CAGR) of close to 10 percent from the present to 2021, according to a recent report by market research firm Technavio.

According to a Technavio news release, the academic educational toys market was “the largest product segment of [the] educational toys market in 2016.” Academic toys include “math and science kits, language learning toys and other toys,” providing basic and advanced knowledge for children in three age groups: 0-4 years, 4-8 years and above 8 years.

Cognitive thinking toys include puzzles, activity sets and construction sets that can aid in the development of skills such as logical reasoning, critical thinking and problem solving. These toys can also help improve creative skills for young toddlers and preschoolers, Technavio said in its release.

There were approx 1900 people in Australia searching for educational toys per month with approx 3600 people searching for toy shop. Worldwide there were 22,000 searches for educational toys 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 educational toy business for kids will become an online retail supplier kids learning and educational toys and electronic learning devices.

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 educational toy is $70. Purchasing this directly from our Manufacturer will cost approx $15.00, giving this product a markup of approx 350%. Therefore, if profit is $55 and you converted 0.5% of the 1900 monthly searches for educational toys, your revenue will be $55 x 95 (Sales) = $5225 / 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 .