Business Idea

Start A Journal Business

About

Starting a journal business requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell journal, or selling journal 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 journal business ➜

Key stats

market size
$92.7B
revenue (monthly)
$20.3K
starting costs
$26.6K
gross margin
13%
avg product price
$25
time to build
6 months
growth
Email marketing
business model
E-Commerce
time investment
Full time
work from home?
Yes

About

Starting a journal business requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell journal, or selling journal 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 journal business ➜

Key stats

market size
$92.7B
revenue (monthly)
$20.3K
starting costs
$26.6K
gross margin
13%
avg product price
$25

 

time to build
6 months
growth
Email marketing
business model
E-Commerce
time investment
Full time
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 $500 $5,000
Website Costs $232 $6,500
Business Formation Fees $5,600 $20,400
Software Expenses $150 $2,769
Advertising & Marketing Costs $0 $2,500
Other Expenses $0 $800
Total Startup Costs $6,517 $46,719

Successful Businesses

Business URL Rank
Springer springer.com #499
ajc ajc.com #7,789
Penzu penzu.com #11,919
Search Engine Journal searchenginejournal.com #12,841
Las Vegas Review-Journal reviewjournal.com #14,546
Milwaukee Journal Sentinel jsonline.com #15,160
Tecnavia newsmemory.com #15,549
TheJournal.ie thejournal.ie #18,102
SpringerOpen springeropen.com #23,310
unknown unimas.my #29,757
www.inderscience.com inderscience.com #29,823

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 journal 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 or get to work with for your journal 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 journal business becomes an integral piece of their every day lives.
Pick & choose the clients you work with Journal 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!
Cons Description
Constant maintenance of publication You may find yourself constantly needing to update your journal business in order to stay relevant for your audience and for those searching on google.
Low margins The gross margins for your journal business are typically around 13%, which can make it more challenging to incur new expenses and maintain profitability.
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.
Customer churn With a journal business, people can cancel their subscription - which can make income 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 a journal business, all responsibilities and duties will be in your hands. Although this is not necessarily a negative thing, it's important to understand that your work-life balance may be a bit unbalanced at times. This can place a strain on friends and family and add to the pressure of launching a new business.
Impatient customers Your journal business may offer an engaging user experience for your customer, but it's important to note that customers expect a lot when it comes to your product, and are more likely to become impatient with you and your product if there are any bugs or equipment breakdowns.

Marketing Ideas

  • 1

    Affiliate program

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

  • 2

    Pay Per Click Advertising

    Pay-per-click (PPC) is a performance-based marketing method that allows you to show specific ads for services or products oriented to a very defined target, with the goal that the user visits your website or landing page.

  • 3

    Email marketing

    The more engaged list of emails, the more engaged customers, which ultimately leads to more sales. One of the best ways to start growing your list is by providing your customer with something free (or discounted) in return.