Start A Fantasy Scrabble Games Business - Business Ideas

Updated: September 15th, 2022
Start A Fantasy Scrabble Games 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 a fantasy scrabble games business requires a great deal of effort, dedication, and most importantly passion.

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

Key Stats

market size
$155B
starting costs
$5.89K
gross margin
65%
time to build
210 days

Startup Costs

Min Startup Costs Max Startup Costs

Office Space Expenses

$0

$7,000

Training & Education Expenses

$0

$1,000

Software Expenses

$0

$594

Advertising & Marketing Costs

$0

$2,750

Website Costs

$13

$215

Specific Industry Expenses

$0

$100

Total Startup Costs

$13

$11,659

Successful Businesses

Business URL Rank

Dictionary by Merriam-Webster: America's most-trusted online dictionary

merriam-webster.com

553

Dictionary definitions you can understand

yourdictionary.com

1,153

Microsoft Casual Games

microsoftcasualgames.com

17,909

Scrabble Word Finder

scrabblewordfinder.org

45,209

404 Not Found

worldwinner.com

49,594

Categories game

scattergoriesonline.net

76,988

Fantasy Grounds

fantasygrounds.com

102,328

Unscramble Words from Letters

unscramblex.com

111,381

Wordsmith.org : The magic of words. word, language, quote, quotation, anagram, dictionary, words, languages, quotes, quotations, anagrams, dictionaries

wordsmith.org

127,345

DKM Games Home Page

dkmgames.com

160,822

Games for the Brain

gamesforthebrain.com

181,684

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!

Little startup costs required

The cost to start a fantasy scrabble games business costs significantly less money than most businesses, ranging anywhere from 12 to 11,659.

Rewarding work

Starting a fantasy scrabble games business can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about.

Scalable

With businesses and processes changing daily, there will always be demand for new features, products and services for your business. Additionally, there are several different business models and pricing tiers you can implement that will allow you to reach all types of customers.

Traffic to your website

A fantasy scrabble games business gives people a reason to visit your website and to keep coming back to you!

Cons Description

Crowded Space

Competition is high when it comes to your fantasy scrabble games business, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies.

Constant maintenance of publication

You may find yourself constantly needing to update your fantasy scrabble games business in order to stay relevant for your audience and for those searching on google.

Lack of benefits

With a fantasy scrabble games business, you are typically self-employed and responsible for finding your own insurance, which can be quite costly and time-consuming.

Isolation

Often times, as a fantasy scrabble games business, you typically work alone and do not have much face-to-face interaction with other team members.

Taxes

As a fantasy scrabble games business, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it.

No safety net

Typically, as a fantasy scrabble games business, you do not receive a consistent pay-check and instead earn money based on your transactions each month. During the slow periods, you typically take away less since the job is based on commission. It's important to budget accordingly for the slow times.