How to Start a Trading Card Business: If you’re a fan of trading cards, starting a trading card business can be a fun way to make some extra money by doing something you love. You can’t just jump into it headfirst though. You will need to test out the market to make sure that there is a market for the types of cards that you’re interested in selling.
Before you get started, there are a few easy things that you need to look at first:
- Choose a niche for your trading card business. There are many different niches in trading cards – sports cards, movie memorabilia, vintage cards, etc. Take this into account when choosing a name for your business. You might choose a sporty name because you plan on selling sports cards right now, but in the future if you decide to expand to other cards – your name won’t work. Choose something that can be used for any type of trading cards, and then check to see if the domain is available. You want the shortest name possible (without spending a fortune).
- Narrow down your selection to the type of trading cards that interest you the most. You should have a specific type of card that you’re knowledgeable about. This will be where you’ll start. You’ll want to research further to make sure that you don’t get scammed when buying cards from others.
- Create a business plan. This will help you map out the specifics of your business. This is stuff like how many cards you’ll keep in stock and what your pricing strategy will be. You’ll also need to setup a website, set up social media accounts, and print marketing materials. You’ll want to get your name out locally and online.
- Order some inventory. You’ll need to order some trading cards to get started. Make sure to order enough so that you can sell them through your website or at trade shows. Do a test run before you’ve invested too much into it. Make sure that you’re profitable before you put any savings into your business.
How to Start a Trading Card Business
A trading card business is a great way to make a profit while getting to enjoy something you love. Once you’ve done the necessary research and made a business plan, you’ll be well on your way to getting your store up and running. You most likely already have some cards that you’d be willing to part with, so you can start off slowly and see how sales go.
