Womens Boutique Handbag Business

The womens handbag boutique business will become an online retail store supplying high quality and trendy womens handbags and accessories.

 

  • Description

Description

 Market Research

Luxury handbags are amongst the fastest growing segments in the overall luxury goods market. Even though the market offers products for both men and women, it is predominantly seen as women-oriented. This is owing to the relatively larger number of options with respect to patterns, colors, and sizes for women.

The Australian Online Handbag and Luggage Sales industry has grown strongly over the past five years, assisted by the growing popularity of online shopping. While the industry is small compared with the overall online retail market, it provides consumers with a new shopping avenue that offers more affordable prices and a more extensive range of handbags and luggage than traditional bricks-and-mortar establishments.

Industry revenue is expected to rise at an annualised 13.0% over the five years through 2016-17, to reach $115.4 million.

There were approx 1900 people in Australia searching for womens handbags per month and 1000 monthly searching for ladies handbags. Worldwide there were almost 60,000 searches for womens handbags 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 womens handbag boutique business will become an online retail store supplying high quality and trendy womens handbags and accessories.

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

Profitability

Using the search data above, we take the sale price of a typical tote handbag is $100. Purchasing this directly from our Manufacturer will cost approx $15 , giving this product a markup of approx 560%. Profit will be $85 per sale.

Hence at 0.5% of the 1900 monthly searches for womens handbags, your revenue will be $85 x 95 (Sales) = $8075 / month for boxes alone. ** 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 including Hong Kong, UK, and the US and have been trading for at least 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 .