Start An Oil And Gas Magazine Publication - Business Ideas

Updated: September 15th, 2022
Start An Oil And Gas Magazine Publication

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.

Oil and gas publications provide information on how to make better decisions for oil and gas companies or the employees that work there.

These publications may also help readers stay updated with new technologies and tools in their industry.

For example, Oil & Gas Journal sees over 100k visitors to its website every month.

Starting an oil and gas magazine publication requires a great deal of effort, dedication, and most importantly passion.

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

Key Stats

market size
$125B
starting costs
$5.89K
gross margin
65%
time to build
210 days
growth
SEO
time investment
Full time

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

American Chemical Society

acs.org

2,838

Trade Arabia

tradearabia.com

102,761

PGS

pgs.com

119,935

Machinery Lubrication

machinerylubrication.com

126,330

Pacific Standard

psmag.com

160,045

Natural Gas Intelligence

naturalgasintel.com

229,571

Offshore Technology

offshore-technology.com

238,772

Industry Leaders Magazine

industryleadersmagazine.com

265,640

RFID JOURNAL |

rfidjournal.com

284,425

Turbomachinery Magazine

turbomachinerymag.com

336,011

StackPath

processingmagazine.com

391,942

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 oil and gas magazine publication costs significantly less money than most businesses, ranging anywhere from 12 to 11,659.

Rewarding work

Starting a oil and gas magazine publication 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 oil and gas magazine publication 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 oil and gas magazine publication , 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 oil and gas magazine publication in order to stay relevant for your audience and for those searching on google.

Lack of benefits

With a oil and gas magazine publication , 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 oil and gas magazine publication , you typically work alone and do not have much face-to-face interaction with other team members.

Taxes

As a oil and gas magazine publication , 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 oil and gas magazine publication , 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.