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Rev:
$5,534,433 per month
Profit:
$2,079,228 per month
Profit Margin:
38%
Niche:
Arts & Entertainment
Since 2016, this business has designed and sold party supplies, craft kits, and decorations for birthdays, graduations, and other special occasions. In 2019, they launched a new brand and expanded into mouse pads, which now contribute 60% of revenue. Everything is sold through Amazon FBA with thousands of strong Amazon reviews and net margins over 35%.
The party supplies market is over $12 billion and expected to grow to over $30 billion by 2034. This business competes with original designs, higher quality, strong branding, and by bundling items into complete kits. Growth opportunities include expanding to other marketplaces, particularly UAE, Saudi Arabia, and Japan, expanding product lines with new themes like weddings, and offering additional mouse pads targeting different software.
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