Online wholesale store for sports accessories

Small retailers, online shops, gyms, clubs and schools that prefer to reorder online instead of dealing with reps.

The gap between your trade price and what you pay suppliers, plus minimum order values. You pay storage and pick-and-pack fees to the warehouse out of this margin.

• Online selling and basic website setup
• Supplier negotiation
• Organising orders and stock records
• Writing clear product listings

• Check ABN and GST registration, and how GST applies to your wholesale sales and imports
• Warehouse fees, minimum storage commitments and shipping costs can eat into thin margins, so model them first
• Product safety: check the ACCC for mandatory standards that may apply to your products
• Retailers who order small amounts and pay late; consider upfront payment for new accounts
• Brand and trademark issues if you list well-known brands without authorisation
• Public liability and product liability insurance, so check what your insurer needs

Estimates suggest startup costs are typically around $2,000 to $10,000, depending on your website or ordering portal, opening stock and warehouse arrangements. A third-party warehouse means you don't need storage space at home.

Check ABN and GST registration and how GST applies to wholesale sales and imports. Also check ACCC mandatory standards for your products, brand and trademark authorisation, insurance such as public and product liability, and warehouse fees and minimum storage commitments.

Estimated monthly revenue is typically around $2,000 to $10,000, depending on your range and how many retailers reorder. Warehouse fees, storage commitments and shipping costs can eat into thin margins, so model them first. Expect from about 10 hours a week.