Business Idea

Start An Online Masquerade Masks Store

About

Starting an online masquerade masks store requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell masquerade masks, or selling masquerade masks 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 an online masquerade masks store ➜

Key stats

market size
$2.7B
revenue (monthly)
$25K
starting costs
$23.9K
gross margin
30%
avg product price
$1
time to build
9 months
growth
SEO
business model
E-Commerce
time investment
Side project
work from home?
Yes

About

Starting an online masquerade masks store requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell masquerade masks, or selling masquerade masks 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 an online masquerade masks store ➜

Key stats

market size
$2.7B
revenue (monthly)
$25K
starting costs
$23.9K
gross margin
30%
avg product price
$1

 

time to build
9 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 $10 $2,250
Employee & Freelancer Expenses $0 $5,500
Equipment & Supply Expenses $550 $6,000
Website Costs $232 $6,500
Business Formation Fees $600 $4,700
Inventory Expenses $350 $14,750
Software Expenses $150 $2,420
Other Expenses $0 $800
Advertising & Marketing Costs $0 $1,950
Total Startup Costs $1,892 $44,870

Successful Businesses

Business URL Rank
Shopee Indonesia shopee.co.id #390
World's #1 Halloween Costume Store spirithalloween.com #13,871
Long Beach Post lbpost.com #29,950
Halloween Costume Store halloweenexpress.com #123,648
Lovisa AU lovisa.com.au #132,263
Earthbound Trading Company earthboundtrading.com #184,997
Stericycle stericycle.com #270,753
Mardi Gras Supplies emardigrasbeads.com #409,632
Poundshop.com poundshop.com #440,548
EVE LOM evelom.com #548,041
AllergyStore.Com allergystore.com #564,653

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!
Rewarding work Starting a online masquerade masks store 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.
Meaningful business connections You never know who you will meet as a online masquerade masks store. 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.
Control of workload With starting an online masquerade masks store, 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 online masquerade masks store 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 online masquerade masks store are typically around 30%, which can make it more challenging to incur new expenses and maintain profitability.
Taxes As a online masquerade masks store, 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.
You may need to charge sales tax If you are selling your products in various states, you may be required to charge sales tax. Although this may not impact your financials specifically, it can be a headache to create a process and procedure for this. To learn more about sales tax, check out [this article](https://www.thebalancesmb.com/do-i-need-to-collect-sales-taxes-in-my-state-398913)
Time commitment With starting an online masquerade masks store, 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.

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.

  • 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.

  • 3

    Advertising on social media

    Social media advertising is one of the leading ways to get the word out when it comes to online masquerade masks store.

    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 ➜