Digital Camera Accessories Business

 Market Research

The digital camera industry in Australia and worldwide had been in decline in the last few years however the latest numbers from the Camera and Imaging Products Association continue to show that the camera industry is stabilizing for the long term. The 2017 numbers show the industry beginning to stabilize and show slight growth for the first time since sales started falling five years ago. Interchangeable lens cameras as a whole are continuing to have the most influence on the market, showing an 7.4-percent increase in April over sales from the same month in 2016.

There were approx 5400 people in Australia searching for camera shop per month and 6600 monthly searching for dslr cameras. Worldwide there were 110,000 searches for cameras online with 1,000,000 search per month for dslr cameras alone 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 digital camera and accessories business will become an online retail store supplying high quality DSLR, Compact and Mirrorless cameras with a focus on camera 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.

How Much Could I Make?

Using the search data above, we take the sale price of a typical camera accessory is $30. Purchasing this directly from our Manufacturer will cost approx $6, giving this product a markup of approx 400%. Profit will be $24 per sale. Hence at 0.5% of the 5400 monthly searches for cameras online, your revenue will be $24 x 270 (Sales) = $6480 / 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.

Ready to Build Business Highlights

No Physical Stock Required

With this business you'll be able to operate with ease from any location by having your orders fulfilled and delivered to your customers directly by the supplier.

Fully Automated System

Sit back and relax while your online business receives orders, updates stock and prices, not to mention easy to use contact forms that allow customers to send enquiries even offline.

Powerful Marketing Campaign

We'll ensure your business receives maximum traffic week after week with our optional marketing packages with exposure on multiple Social Channels and Directories.

Lifetime Support

Managing an online business can feel overwhelming however at Readystart, we provide lifetime technical support to assist you in running and growing your business.