Even during the digital age with the option of e-cards, traditional greeting cards continue to be a distinct way people acknowledge others for special occasions. It is estimated that 7 billion greeting cards are purchased every year in the US, with annual retail sales estimated at more than $7.5 billion.
Launched in 2006, this business provides high quality, personalized greeting cards with 80% B2B sales. It offers a mix of digitally printed and pre-manufactured cards. With a simple 100% dropship model, there are no equipment, inventory or warehousing needed. Accordingly, this business is run from a home-based office and is easily relocatable. The website is currently operated by 2 owners. Because of its seasonality, the business can easily be operated by one owner part-time most of the year, hiring seasonal help (which would replace the second owner) during the busy holiday season.
This business has been experiencing YOY growth. Over the last 4 years, its compounded annual growth rate has been 9.7%, substantially ahead of the overall industry average. With its low overhead, it has sizeable Net Profit Margins of around 30%. This is an outstanding business opportunity! It has proven sales & growth, longevity, a great industry related domain name, high quality products, low overhead and a simple business structure catering to the B2B market. It is a successful, established ecommerce business that has proven itself in a unique niche market with lots of potential still ahead!