No matter how the world is digitized, stationery will never be replaced. With the development of national infrastructure and education, the number of schools and universities has increased, which has led to an increasing demand for stationery products. It is a profitable thing to develop stationery business. This business does not require much capital, and you can start this business from a small invest value.
To understand how to start a stationery business, here are 6 steps you can follow to check whether it is suitable for you:
1. Make a business plan
The business plan is the first and most important step in starting a new business. If you want to get involved in the stationery business, a well-thought-out business plan will help you simplify operations, manage finances and enable you to provide the best products to customers.
When creating a business plan, you also need to consider many other factors such as the scope of the product, the idea of building a brand, etc.
2. Registration and licensing
Regardless of whether it is an online business or an offline business, you need to register your business. In addition to this, you always need the minimum business licenses and permits to avoid any legal issues in the future.
3. Research your competitors
There is competition in any industry, and the stationery business is no exception. For example, Faber-Castell, Camlin, MontBlanc, these are branded but with higher prices, also there is also big part with cheap prices which are mainly from China. You can study their products and marketing strategies.
4. Supplier Selection
For companies, choosing the right supplier is an important step.
When choosing a supplier, you can choose from the product price, type, transportation method, and after-sales service. To start better you choose one which has longer experience in this business line, so there is a flexible MOQ, and the products are sold to various countries around the world, no matter which country/region you are in, you can contact online.
5. Inventory and shipping
You can manage the internal inventory yourself, of course, you can also use direct selling. Usually internal inventory management can save a lot of money, but it is time-consuming and labor-intensive.
6. Promotion and marketing
·Social media, Facebook/Instagram/Tiktok
·Search engine, Google/Bing
·Email etc.
All in all, stationery will probably exist forever. Therefore, if you want, you can always start your own stationery business, follow the "right" way, and get you high profits.
--------We are a group of guys who in stationery business for 20 years, please contact us for more proffessional details.--------