Start An Equine Artist Business - Business Ideas

Pat Walls

•

Updated: September 15th, 2022

Start An Equine Artist Business

Please note that the data provided in this article are estimates and may vary depending on various factors, and should not be considered as perfect or definitive.

Starting an equine artist business requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell equine artist, or selling equine artist online, you can use this page as a guide for everything you'll need to know.

Key Stats

starting costs

$34.8K

gross margin

37%

avg product price

$500

time to build

180 days

work from home?

Yes

Startup Costs

	Min Startup Costs	Max Startup Costs
Office Space Expenses	$0	$7,000
Employee & Freelancer Expenses	$151	$352
Website Costs	$223	$7,215
Business Formation Fees	$5,600	$20,400
Equipment & Supply Expenses	$63	$200
Retail Business Expenses	$1,250	$11,650
Inventory Expenses	$350	$14,750
Software Expenses	$162	$3,094
Advertising & Marketing Costs	$75	$4,786
Total Startup Costs	$7,874	$69,447

See all startup costs ➜

Successful Businesses

Business	URL	Rank
WordArt.com	wordart.com	32,345
Equibase	equibase.com	41,293
College of Charleston	cofc.edu	71,843
Voki	voki.com	110,746
Haystack digital business cards	thehaystackapp.com	138,709
EmptyEasel.com	emptyeasel.com	194,480
Parkland College > Main > Home	parkland.edu	195,483
Artrepreneur	artrepreneur.com	237,986
Certified Horsemanship Association – Find CHA Certified Equine Professionals	cha.horse	364,719
Alfa Western Wear – The Best or Nothing	alfawesternwear.com	433,560
CarolinaHorsePark.com	carolinahorsepark.com	657,631

See all businesses ➜

Pros & Cons

Pros	Description
Flexibility	You can put as much time into the business as you'd like. If you like the work and have some initial experience, you can start small and manage all aspects of the business on your own.
Ability to start your business from home	It's not necessary to have a physical storefront or office space to get your business started. You can do everything from the comfort of your own home, at least in the beginning!
Traffic to your website	A equine artist business gives people a reason to visit your website and to keep coming back to you!
Meaningful business connections	You never know who you will meet as a equine artist business. This could be the start of an incredible business opportunity!
High customer retention rates	Once a customer invests in your product, they've invested their time and energy to utilize your product/service which is highly valuable to them. Typically, your product or service becomes indispensable to your customer.
Pick & choose the clients you work with	Equine Artist Businesses have the ability to choose the clients they work with. You have the freedom to work with only a few loyal clients or with hundreds of clients!

See all pros ➜

Cons	Description
Low margins	The gross margins for your equine artist business are typically around 37%, which can make it more challenging to incur new expenses and maintain profitability.
Stressful work	This line of work can be stressful for both you and your clients. This type of transaction is a significant financial decision for your client, so expectations are very high for you. Although this career path can be very rewarding, it also comes with its challenges and stressful moments.
Niche Market	A niche business is not necessarily a bad thing, in fact, it can be the key to your success. However, it can be more challenging and time consuming to find the perfect niche market and target audience.
Work can be repetitive	You may find creating the same product over and over repetitive and tiresome. One way of avoiding this is to diversify product lines and revenue streams - this will keep things interesting!
Churn	In this business, customers can cancel their membership or subscription for your services - which can make revenue forecasting challenging and unpredictable. It's important to focus on your churn rates and trends so that you can prevent this as much as possible.
Time commitment	With starting an equine artist business, all responsibilities and decisions are in your hands. Although this is not necessarily a negative thing, work life can take over at times. This can place a strain on friends and family and add to the pressure of launching a new business.

See all cons ➜

Marketing Ideas

1

Affiliate Program

Affiliate marketing is a great way to bring in a new revenue stream, especially when you don't sell products or services.
Simply put, an affiliate program is an agreement where a business pays another business or influencer ("the affiliate") a commission for sending traffic and/or sales their way.
The affiliate typically gets a unique link where clicks and conversions can be tracked.

Learn more about affiliate program ➜
2

Word of mouth

Word of mouth is when a consumers reflects their interest in a company’s product or service in their daily dialogues.
Therefore, word of mouth advertising is essentially a free advertising triggered by the customers experience.
According to Nielsen, 92% of people trust recommendations from friends and family.
Therefore, in today’s hyper-connected world, a single recommendation through a word of mouth can have a huge impact to your business.

Learn more about word of mouth ➜
3

Social Media Advertising

Social media advertising is the use of social media platforms to connect with your audience with the objective to build your brand, increase sales, and drive website traffic.
According to Oberlo, approximately 48% of the global population use social media, and the number is ever-growing.
Therefore, social media allows brands access to cost-effective advertising by enabling them to interact with a large audience.

Learn more about social media advertising ➜

See all marketing ideas ➜

Key Stats

Startup Costs

Successful Businesses

32,345

41,293

71,843

110,746

138,709

194,480

195,483

237,986

364,719

433,560

657,631

Pros & Cons

Marketing Ideas

Affiliate Program

Word of mouth

Social Media Advertising