Pros & Cons

Start A Stationery Business

Pros & Cons

Trying to understand the pros and cons of starting a stationery business?

Here are all of the pros and cons of selling stationery product online:

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 stationery business costs significantly less money than most businesses, ranging anywhere from 7,466 to 49,061.
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.
Quick build time The average time it takes to build your product is quick - typically around 10 months. This will allow you to bring your product to market faster.
Cons Description
Crowded Space Competition is high when it comes to your stationery business, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies.
Finding The Right Supplier Most businesses in this space go the supplier/manufacturer route, which isn't a bad thing! However, finding the right supplier can take a lot of time, energy and trial/error. If done properly, this process can save you months (if not years) of time and energy. More on this below in the "finding a supplier" section.
Low margins The gross margins for your stationery business are typically around 35%, which can make it more challenging to incur new expenses and maintain profitability.