The hand and power tools market is a growing industry due to the demand in construction, manufacturing, technical services, automotive, and maintenance. Growth in this market is analyzed separately. The Power Tools market is forecasted to grow from USD 29.5 billion in 2020 to USD 36.9 billion by 2025 expanding at a compound annual growth rate of 4.6% from 2020 to 2025. Whereas, the Hand tools market was valued at $22,200.0 million in 2019, and is expected to reach $30,381.0 million by 2027 growing at a compound annual growth rate of 4.1% from 2020 to 2027.
In countries such as Australia, Canada, New Zealand, South Africa, and the United States, there were approx. 7,500,000 people searching for Hand Tools and Accessories on Facebook per month and 42,920 online monthly on Google. In the same countries, there were approx. 17,500,000 searching for Power Tools and Accessories on Facebook per month and 74,480 online monthly on Google.
The Hand and Power Tool Supplies will become an online retailer and supplier for Power tools, Hand tools, Welding & Soldering Supplies, Measuring & Analysis Instruments. Garden tools, Jewelry Tools and Equipment, and other accessories. The best part is that the Hand and Power Tool Supplies is a drop ship-based business which means that the owner can ship products to any location without holding any physical inventory or stock at any time of the day.
How Much Could I Make?
Using the search data above, we take the average price for a 3-in-1 Carpenter Pneumatic Nail Gun is at $244.62. Purchasing this directly from our Manufacturer will cost approx. $62.31 giving this product markup of approx. 293%. Therefore, if profit is $182 and you converted 0.1% of the 74,480 monthly searches for Power Tools and Accessories Supplies, your revenue will be $182 x 74 (Sales) = $13578/ month ** Minus Advertising Costs. ** Business potential from FB audience is not yet accounted for here.
How Does it Work?
This business is operated on a very unique model that allows you to sell goods directly to your customers without holding any stock. Suppliers for this business have been sourced from long term suppliers with warehouses based typically in the US and Australia with fast shipping options which is especially crucial during busy periods.
With this business, you wont need to hold any stock as goods are shipped directly to the buyer and for locally stocked businesses, minimum order quantities are very low so you really only need to stock on what you need. Ask about which option best suits you.
If you are interested in owning and running this Ready to Build Dropship Business opportunity, it involves a development process that takes approximately 2 - 4 weeks and includes business name creation, logo design, website development, social media channels, content writing, marketing campaigns and much more..
What Included in the Sale?
- Domain Name Research & Suggestions
- Transfer & Ownership of domain name.
- ABN Registration Assistance (If Required)
- Professionally Designed Logo
- Australian Developed Ecommerce Ready Website.
- Custom Designed Website Graphics
- Page Content Writing
- Supplier Verification System
- Complete Product Catalog Import
- Transfer of Hosted Database
- Email Address Setup
- SSL Security Install & Setup
- Set up of New Hosting and Transfer
- Built-in Advanced Drop-Ship System
- Automatic Supplier Score Feature
- Accounting Software Integration
- Live Chat Integration
- PDF Email Invoice Integration
- Abandoned Cart Integration
- Ownership of all Master Graphics
- Facebook Page Setup
- Instagram Account Setup
- Custom Designed Facebook Adverts & Banner
- Google My Business Profile
- Google Adwords Campaign
- Submission to 30 Aussie Business Directories
- Multi Currency Converter
- PayPal Payment Setup
- Credit Card Payment Setup
- Afterpay Payment Setup
- Full Training Video Guides
- 50+ Hours of Marketing Tutorials
- 12 Months of Support by Email, Skype and Phone
- Lifetime Business Technical Support
- 100% Tax Deductible Investment
- No-Risk Business Guarantee
Ready to Build Business Highlights
At Readystart we want to make it even easier for you to secure a long term turnkey business opportunity for you and your family. That’s why we now have the ability to offer affordable and easy approval Interest Free loans.
Our Interest Free finance will suit all applicant types including secured, unsecured and those with credit impairments. We even recognise payments from Centrelink as an income*
To determine your repayments and request finance for this business, please visit our interest free finance section.
* Max approval amount for Centrelink applicants is $5000.
I'm Interested! What Happens Next?
Want to proceed and have us start to develop this business opportunity for you? Simply follow the following 4 steps to get started.
STEP 1 - Submit your Interest
If you are interested in owning and running this online business, you'll simply need to click on the 'SEND AN ENQUIRY' button above and let us know your interested in this business.
STEP 2 - We'll be in Touch
Once your enquiry is received, we'll get in touch with you to discuss the business further. If your happy, we then proceed to draft a sales development agreement for you to review and sign.
STEP 3 - Finalise an Agreement
As soon as the details for your business are confirmed, our admin staff will draft a sales development agreement for you to review and sign. You'll then only need to pay a 50% deposit until the completion of the development.
STEP 4 - Development Phase
The development process commences as per the inclusion list (And any add-on's agreed upon). This'll take 3 - 6 weeks approx. Once complete, we'll ask you to review the site before handover & transfer.