Nibster Pens is a focused on selling great fountain pens at affordable prices as well as other fountain pen accessories for beginners and casual pen lovers.
Financials and traffic
Average overall profit margin
Average number of sales/month
Revenue and traffic data from this graph is calculated by Exchange and can not be edited by the seller. Average profit, profit margin and number of sales are provided by the seller. Learn how Exchange calculated this data.
"Pens and other writing tools generated revenue of $16.2 billion worldwide in 2014 and are expected to reach $20.2 billion by 2019, according to a report last month by Technavio." - Chicago Tribune. If you do little bit of research, even just light Googling. You will discover that fountain pen market is on the surge and is expected to keep growing. It's a great market with lots of dedicated fans who are actively buying fountain pens not only for writing but for . collecting purposes. It's a hobby. And every marketer know that money is in the hobby niches.
How can the future owner improve the business?
You can create social media campaigns and challenges that will grow your audience of raving fans faster than in any other niche. I had a several buys on day one of the store from only one promotional post with just hashtag no advertising! This niche has low competition and high profitability. I just don't have time to invest into growing the social media following and nurturing the community.
What work have you put into the store?
I have imported excellent selection of goods from Ali Express from reliable suppliers (you'll get the names of the suppliers as well after the purchase), created social media pages and invested money into acquiring followers. Facebook page, for instance, has 7161 followers at the moment of typing this.
How many hours does it take to run this business per week?
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