Payday Installment Loans Near Me in West Covina, California
Fast Online Approval Money & Cash Advance Lenders (offline stores)

---

"Action Figures Business": How to Get Started

---

Collecting action figures used to be a thing exclusively for children. Nowadays, it's often a hobby for adults, and enthusiasts can spend hundreds even thousands of Dollars each month to purchase their action figures. As with any collectibles, the price can rise when scarcity occurs, so you don't have to worry when you fail to sell your stock initially.

Many kinds of action figures are available, from comic book characters to movie characters, military figures to political figures, Japanese Anime and Manga characters, and many others. You can either spread your collections or focus on one line. But it will be easier to increase your reputation by focusing on one line, networking with the associated communities.

Action figures are like boys' jewelry, and the price can range from below $50 to more than $10,000 depending on many factors. The profit margin can be very high, and you can make up to 1000% of profit depending on scarcity, conditions, and current market condition. For example, when the new Star Wars movie is playing in theaters, the price for rare Star Wars figures can rise significantly.

---

Interested to start this business? Here are a few things to help get you started.

---

1. Startup Investment
Your initial investment will mostly go to buying the action figures itself, and as mentioned, the price can vary from a few bucks to more than $10,000 apiece. So, your needed investment will vary depending on the types, brands, and quantity. You will also need a computer with reliable internet connection, as the internet marketplace will be your main marketing channel. You can start with a few hundred Dollars and re-invest the profits.

2. Marketing
You can join many communities in the form of online forums, Facebook pages, or other social media groups. Not only it will act as a marketing channel, but you can also stay up-to-date to the current trends and demands, and you can act accordingly.

Frequent your local comic books store, gaming store, or other places where hobbyists may gather, by joining the community, you can increase your marketability significantly. In fact, opening a brick-and-mortar shop as a gathering place will be a great marketing maneuver, provided you can justify the costs involved.

3. License and Permit
Most likely you won't need a special license or permit, but it can vary with your location. Consult your local authority to get a better information regarding required license and permit. Getting an insurance will also be a good idea, as you can be vulnerable to theft.

4. Pricing
The price of an action figure can rise or decrease depending on demands and trends, so make sure you follow the current market situation. Will an action figure be re-released shortly? It's better to let go of your stocks, cutting loss. Will a major movie be playing in theaters? Hold on to the stocks for that movie, as with the Star Wars example above.

Earning Potential

Your earning potential will vary with your scale of operations. However, if you can sell 20 figures with $100 each, which is pretty common, you can make $2,000 a month, or $24,000 in annual earning.

As your business established, consider moving on to be a direct importer or distributor of a product. It will increase your earning potential dramatically, as you can control the supply and demand in your location.