The portable audio market is expected to grow from USD 16.13 Billion in 2016 to USD 31.80 Billion by 2023, at a CAGR of 10.06% between 2017 and 2023. Factors such as increasing demand for smartphones as a source of entertainment, consumer preferences for portable devices, and advancements in portable technologies are driving the growth of the market.
Developments in Wi-Fi and Bluetooth speakers, and dedicated speaker docks are expected to increase consumer spending on audio equipment to enhance audio quality. The growing population of music listeners, increasing digital music sales, and popularity of the audio & video entertainment segment are expected to influence the regional market positively over the next decade
There were over 20,000 people monthly in Australia searching for portable audio devices. There were 12,000 searches for portable earphones monthly alone. Worldwide there were over 2,700,000 searches for playstation 4 alone with 550,000 searching for portable audio devices monthly. 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 portable audio supplies business will become an online supplier of high end portable, bluetooth and portable audio devices such as headsets, earphones, portable speakers and docking stations. 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 stereo portable earphones being $30. Purchasing this directly from our Manufacturer will cost approx $6, giving this product a markup of approx 400%. Therefore, if profit is $25 and you converted 0.3% of the 12,000 monthly searches for portable earphones, your revenue will be $25 x 360 (Sales) = $9,000/ month for this product 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.
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 International locations 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
- Ownership of all master graphics, banners and logos
- Facebook Page Setup
- Instagram Account Setup
- Google My Business Profile
- Multi Currency Converter
- PayPal Payment Setup
- Submission to 60 Aussie Business Directories
- Credit Card Payment Setup
- Afterpay Payment Setup
- Full Training Video Guides
- 50+ Hours of Marketing Tutorials
- Custom Designed Facebook Adverts & Banner
- 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.
For more information and to answer any further questions you may have regarding this business opportunity, please do not hesitate to contact us .