In your first year or two, you could work from home and sell 30 cards a day, bringing in nearly $55,000 in annual revenue. Your profit margin if you sell directly to consumers online is 90%. You could also offer your cards to retail outlets at wholesale prices of around $2.50. The $5 price is when selling directly to consumers. Your cost to make each card will be about $.50. The average price of a greeting card is about $5. How much can you earn from a greeting card business? Setting up a business name and corporation Online learning platforms like Skillshare and Udemy offer many greeting card courses if you’re looking to brush up on your skills and market trends. Costs include a computer and laser printer, design software, and paper or other materials to make greeting cards. Startup costs for a greeting card business range from $4,000 to $8,000. How much does it cost to start a greeting card business? Number of people employed – In 2022, the greeting card industry employed 19,335 people in the US.(( )).Number of businesses – In 2022, 568 greeting card businesses were operating in the US.(( )).Growth forecast – The traditional greeting card industry is expected to remain stagnant for the next five years, but online greeting cards are expected to see strong growth.(( )).It has declined slightly over the last five years but still offers a huge opportunity, as e-cards grew an estimated 24% in 2020.(( )) Industry size and past growth – The US greeting card industry is worth $4.1 billion.Greeting card industry trends Industry size and growth Skills Needed – Creative and unique designs are necessary to stand out.Saturated Market – Compete with big players like American Greetings and Hallmark.
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