Wholesale Party Supplies To Sell Online
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The party supply industry in the US alone is worth $5 billion, with a growth of 4.3% each year. Party supplies can range from holiday decorations (Christmas, Halloween), milestone decorations (birthday, anniversary, wedding) or special events (bridal shower, Bar Mitzvah). The wide range of events people buy party supplies for allows you to remain profitable throughout the year with boosts in sales during holidays. Notably, the seasonal decorations industry is worth $12 billion. Thus, expanding your party supplies store to include holiday items would allow you to have a sustainable and long-term business.
Due to the seasonality of party supplies, it’s better to dropship than wholesale party supplies. Still, party supplies never go out of style, you’ll be able to maintain your store relatively easily. During holidays or certain seasons (wedding), you’ll need to ensure that you’ve imported products in a timely manner to capitalize on sales. However, party supplies for birthdays and similar celebrations can remain on your store for longer durations with minimal tweaks or enhancements needed. Thus, making it a great store niche for those with limited time to constantly change their product inventory.
Oberlo dropshipping is one the easiest ways to start an ecommerce business. It doesn’t require much capital investment. You can even run a profitable business from your couch.
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