This small, low-overhead business specializes in selling dice for games such as role-playing games, casinos, and board games. Operating primarily online, the company has six domains, offering significant potential for expansion beyond dice to other gaming products. The streamlined process involves receiving orders, packaging the dice, and shipping them, which requires only a few hours weekly. With minimal marketing expenses, primarily using Google Adwords at around $100 per month, the business is simple to run and easy to manage compared to other online operations.
The company has experienced steady growth over two years, and ongoing daily orders indicate strong demand. Shipping is a notable revenue stream, with an average cost of $2.54 per order and a flat rate charge of $6.95, resulting in approximately $4.00 profit per shipment. Dice are purchased in bulk at a cost-effective rate, allowing margins of $0.25 or more for standard dice and a 45% margin on premium stone and metal varieties.
From 2008 to 2010, total sales reached $48,433.80, with generated revenue from shipping adding up to $14,310.33. The best-selling products include various dice styles by price and quantity, highlighting specific sets like Amethyst Stone Dice and opaque multi-colored dice.
Overall, the business presents a lucrative opportunity with substantial growth and diversification possibilities, making it appealing to those interested in the gaming accessory niche.
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