Business Idea

Start A Gardening Tools Company

About

Starting a gardening tools company requires a great deal of effort, dedication, and most importantly passion.

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

Want to learn more? You can check out our full guide on how to start a gardening tools company ➜

Key stats

market size
$83.3B
revenue (monthly)
$881K
starting costs
$33.3K
gross margin
44%
avg product price
$5
time to build
10 months
growth
SEO
business model
E-Commerce
time investment
Side project
work from home?
Yes

About

Starting a gardening tools company requires a great deal of effort, dedication, and most importantly passion.

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

Want to learn more? You can check out our full guide on how to start a gardening tools company ➜

Key stats

market size
$83.3B
revenue (monthly)
$881K
starting costs
$33.3K
gross margin
44%
avg product price
$5

 

time to build
10 months
growth
SEO
business model
E-Commerce
time investment
Side project
work from home?
Yes

Startup Costs

Min Startup Costs Max Startup Costs
Office Space Expenses $35 $3,250
Employee & Freelancer Expenses $0 $5,500
Equipment & Supply Expenses $525 $5,500
Website Costs $232 $6,500
Business Formation Fees $600 $4,700
Retail Business Expenses $0 $16,150
Inventory Expenses $350 $14,750
Software Expenses $150 $2,720
Advertising & Marketing Costs $75 $4,786
Other Expenses $0 $300
Specific Industry Expenses $0 $500

Successful Businesses

Business URL Rank
HARBOR FREIGHT harborfreight.com #5,202
Ace Hardware acehardware.com #6,935
Northern Tool + Equipment northerntool.com #13,620
ecplaza.net ecplaza.net #22,828
Dewalt dewalt.com #42,658
University of California ucanr.edu #45,184
Ryobi Tools ryobitools.com #45,720
True Leaf Market trueleafmarket.com #48,247
Gardenista gardenista.com #58,706
Rural King ruralking.com #63,974
Lawn & Garden Equipment worx.com #81,057

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.
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.
Meaningful business connections You never know who you will meet as a gardening tools company. 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.
Easy to encourage "impulse buy" In the gardening tools company, you have a much higher chance of encouraging your customers to buy on impulse - you can easily alter the price, placement, packaging, and promotional value to influence the decision of your buyer.
Control of workload With starting a gardening tools company, you have the unique ability to choose how little or how much you want to work. You also have the freedom to decide which projects you want to work on, and can turn down the ones that do not interest you.
Cons Description
Motivation of employees If you plan to have a sales/content team on board, finding creative ways to motivate them can be a challenge. It's important that you're able to offer great incentives and a good work environment for your employees.
Longer Sales Process A gardening tools company can be a big time and money investment for your customer, so it's important you plan and predict a longer conversion funnel and stay in communication with potential customers.
Low margins The gross margins for your gardening tools company are typically around 44%, which can make it more challenging to incur new expenses and maintain profitability.
High employee turnover In the gardening tools company, employee turnover is often high, which can be quite costly and time consuming for your business. It's important to try and avoid this as much as possible by offering competitive pay, benefits, and a positive work environment.
Taxes As a gardening tools company, 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.
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.

Marketing Ideas

  • 1

    Affiliate program

    An affiliate program is a way to reward people outside your organization to share your product.

  • 2

    Word of mouth

    The most tried and true way to grow a gardening tools company is through word of mouth - some entrepreneurs would say it's more important than all social media.

  • 3

    Advertising on social media

    Social media advertising is one of the leading ways to get the word out when it comes to gardening tools company.

    There are various different Social Media platforms available to you. Some may be more critical for your marketing efforts than others, however, it's important to have an understanding of what's out there and available to you.

    Learn more about advertising on social media ➜