Market ResearchThe 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 PotentialThe 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.
How Much Could I Make?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.
How Does it Work?
This business can be operated either as a drop-ship or locally stocked which allows you to fully control your business and even brand your products and packaging. Suppliers for this business have been sourced from Australian and International locations and contact details will be provided upon development of the business.
For dropship models 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 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.
- Professionally Designed Logo
- Australian Developed Ecommerce Ready Website.
- Custom Designed Website Graphics
- Page Content Writing
- Product Import Management
- Supplier Verification
- Product Catalog Setup & Import
- Product Category Set up
- Import of at least 300 Products
- Transfer of Hosted Database
- Set up of New Hosting and Transfer
- Built-in Advanced Drop-Ship System
- Automatic Supplier Score Feature
- Ownership of all master graphics, banners and logos.
- Accounting Software Integration
- Live Chat Integration
- Site Speed Optimization
- Multi Currency Converter
- Online Payment Setup Guide
- 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
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 including adding any add-ons and extras, our admin staff will take your details and draft a sales development agreement for you to review and sign.
STEP 4 - Development Phase
The development process commences as per the inclusion list (And any add-on's agreed upon). This'll take 2 - 4 weeks approx. Once complete, we'll ask you to review the site before handover & transfer.
Have No Cash? Finance this Business!
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 loans starting from $12 / Week.
Use the Calculator below to estimate repayments then send us your finance request using the 'Apply for a pre-approval' button below.
Why Invest in this Business?
More InformationFor more information and to answer any more questions you may have regarding this business opportunity, please do not hesitate to contact us .