How To Start An Adult Toys Business

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Updated: November 29th, 2024

When it comes to starting an adult toys business, you may find yourself in a place where you have to make some big decisions.

You may be asking yourself:

What's the first step in establishing my business?
How much will it cost to start my adult toys business?
How do I price my adult toys business?
How do I market my adult toys business?
... so much more!

We walk you through all of the steps; from idea → starting → launching → growing → running your business.

The purpose of this guide is to act as an outline for the steps you'll need to take to get your business running successfully!

💡 Introduction To Starting An Adult Toys Business

Is Starting An Adult Toys Business Right For You?

There are many factors to consider when starting an adult toys business.

We put together the main pros and cons for you here:

Pros of starting an adult toys business

• Rewarding work

Starting a adult toys business can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about.

• Meaningful business connections

You never know who you will meet as a adult toys business. This could be the start of an incredible business opportunity!

• Daily physical activity

Adult Toys Business's typically involve a much greater degree of movement than other lines of work. Most days, you will spend your day walking, running errands for your business, and performing a multitude of tasks. This can have a positive impact on energy levels and your overall health.

• Amazing perks and discounts

Working in the adult toys business comes with its perks! As a seller for these products/services, you typically also get to enjoy industry perks and discounts.

• You are your own boss!

With starting an adult toys business, you are the one to make decisions for almost all of the operations. Calling the shots can be empowering and liberating!

• Local Community

One of the best parts of starting an adult toys business is that you can develop a local following by selling your products at craft shows, farmers' markets, or even local storefront businesses! This gives you access to additional revenue streams and loyal customers.

• Higher likelihood of getting referrals

This business is all about referrals, which can be a a very impactful way to attract and retain customers. It's critical that you have a great referral program in place that incentivizes your customers to tell their friends about your product.

• Location is everything!

When operating a physical storefront, the location often speaks for itself and serves as it's very own marketing tool! It's important to choose a location in a high traffic area so you can spark curiosity and get people through your door!

• Face to face interaction

If you are the type of individual that thrives on human interaction, then this is the business for you! With a adult toys business, you will be hands-on with customers and or employees every day.

• Simple business model

A adult toys business has the advantage of a simple business model, which makes launching and building the business more seamless.

• You get to do something you truly love

With starting a adult toys business, you get to put your energy into something you are truly passionate about! You'll find yourself devoting as much time and energy as possible into the business to make it successful.

• Easy to Learn The Business

When starting your adult toys business, there is a ton of information readily available to you online (Facebook groups, Youtube videos, Starter Story etc). This will help you get the business started and answer any questions, doubts or concerns you may have.

• Never a dull moment

With starting a adult toys business, there is truly never a dull moment. Your job offers a lot of variety and allows you to meet interesting people from all walks of life.

Cons of starting an adult toys business

• Crowded Space

Competition is high when it comes to your adult toys business, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies.

• Finding The Right Supplier

Most businesses in this space go the supplier/manufacturer route, which isn't a bad thing! However, finding the right supplier can take a lot of time, energy and trial/error. If done properly, this process can save you months (if not years) of time and energy. More on this below in the "finding a supplier" section.

• Motivation of employees

If you plan to have a sales/content team on board, finding creative ways to motivate them can be a challenge. It's important that you're able to offer great incentives and a good work environment for your employees.

• Low margins

The gross margins for your adult toys business are typically around 43%, which can make it more challenging to incur new expenses and maintain profitability.

• High employee turnover

In the adult toys business, employee turnover is often high, which can be quite costly and time consuming for your business. It's important to try and avoid this as much as possible by offering competitive pay, benefits, and a positive work environment.

• Taxes

As a adult toys business, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it.

• High overhead expenses

With starting an adult toys business, there are overhead expenses that come with selling a physical product. You will want to make sure you strategically budget for these overhead costs. We discuss this more in the startup costs section below.

• You may need to charge sales tax

If you are selling your products in various states, you may be required to charge sales tax. Although this may not impact your financials specifically, it can be a headache to create a process and procedure for this. To learn more about sales tax, check out this article

• Time commitment

With starting an adult toys business, all responsibilities and decisions are in your hands. Although this is not necessarily a negative thing, work life can take over at times. This can place a strain on friends and family and add to the pressure of launching a new business.

• You might struggle financially (at first)!

If you bootstrap your business or choose not to pay yourself (or pay yourself less than you were making at your corporate job), this can be financially taxing. It's important to adjust your lifestyle and set a plan for yourself so you don't find yourself in a stressful situation.

• More of a challenge to run your business from home!

Running your business from the comfort of your own home is a big appeal for many entrepreneurs. With a adult toys business, you are more likely to run your business out of your office or storefront space.

Players

Big Players

Small Players

Betty's Toy Box - Revenue $125K/month
TechySex - Revenue $5K/month
Super Smash Cache - Revenue $2K/month
Behind Chocolate Eyes, LLC. - Revenue $500/month

Search Interest

Let's take a look at the search trends for adult toys over the last year:

How To Name Your Adult Toys Business

It's important to find a catchy name for your adult toys business so that you can stand out in your space.

Here are some general tips to consider when naming your adult toys business

Avoid hard to spell names: you want something easy to remember and easy to spell for your customers
Conduct a search to see if others in the space have the same name
Try not to pick a name that limits growth opportunities for your business (ie. if you decide to expand into other product lines)
As soon as you have an idea (or ideas) of a few names that you love, register the domain name(s) as soon as possible!

Why is naming your adult toys business so important?

The name of your business will forever play a role in:

Your customers first impression
Your businesses identity
The power behind the type of customer your brand attracts
If you're memorable or not

It's important to verify that the domain name is available for your adult toys business.

You can search domain availability here:

Find a domain starting at $0.88

Although .com names are the most common and easiest to remember, there are other options if your .com domain name is not available. Depending on your audience, it may not matter as much as you think.

It's also important to thoroughly check if social media handles are available.

As soon as you resonate with a name (or names), secure the domain and SM handles as soon as possible to ensure they don't get taken.

Here's some inspiration for naming your adult toys business:

Enjoyment Collective
Average Adolescence
The Melancholy Fun
The Greatest Happiness
The Quiet
Informix Website
Available
Interesting Play Place
Prototype Online
More Fun Co
The Aged
Peculiar Pleased
Sensual Satisfaction Co
Accessible Internet Collective
Comfortable
Masculine Miniature
IncompetentAdult
Pleasance Place
More Contentment Co
Anticipated
Curious Flirt Group
FeminineToys
Easier
Site Place
The Particular Satisfaction
YoungAdult
MutualPleasure
Toy Dog Place
InformixOnline
Unalloyed
PopularToys
The Supportive
OfflineOnline
Inexpressible
Mature Trading Co
The Tech
Zephyr Pleasure
Low pressure Pleasure
Supreme
The Enough
The Serial Site
The Published Site
WorldwideOnline
The Sub Full Grown
SingleAdult
The Obvious
Virtual Internet
Flirt Spot
Own mind Online
Plastic
Mechanical Dally
The Ingenious
Perverse
Sophisticated
Unmixed Pleasance
The Sane
Serial Internet
Royal Gratification Trading Co
Patent leather Pleasure
Reply Online
Electronic Play Co
ManualOnline
The Scattered Plaything
HighestPleasure
Cuddly
Happy
Extra Fully Grown Co
Many Toy Dog Place
Indulge Adult
Adjusted Altrices
America Site Trading Co
Pure Pleasant
The True Pleasance
ObeseAdult
Personal
Immediate Fun Group
The Sociological
Adolescent
The Aged Fully Grown
Serial Site
Small Dolls Collective
Little
The Curious
Physical Pleasant
Pure Place
The Easier Virtual
Fully Grown Spot
Tech Tank Engine
The Physical Joy
Pleasance Trading Co
Many Toy Dog
Single Offender Place
Plaything Co
Searchable Interactive Pro
Quiet Pleasance Collective
The Educational Plaything
Never Pleasure
Play Spot
Privilege Group
FavouriteToys
The Serial
Tiny Teddies
Perverse Privilege
Peculiar Play

How To Create A Slogan For Your Adult Toys Business:

Slogans are a critical piece of your marketing and advertising strategy.

The role of your slogan is to help your customer understand the benefits of your product/service - so it's important to find a catchy and effective slogan name.

Often times, your slogan can even be more important than the name of your brand.

Here are 6 tips for creating a catchy slogan for your adult toys business:

1. Keep it short, simple and avoid difficult words

A great rule of thumb is that your slogan should be under 10 words. This will make it easy for your customer to understand and remember.

2. Tell what you do and focus on what makes you different

There are a few different ways you can incorporate what makes your business special in your slogan:

Explain the target customer you are catering your services towards
What problem do you solve?
How do you make other people, clients, or your employer look good?
Do you make people more successful? How?

3. Be consistent

Chances are, if you're coming up with a slogan, you may already have your business name, logo, mission, branding etc.

It's important to create a slogan that is consistent with all of the above.

4. Ensure the longevity of your slogan

Times are changing quickly, and so are businesses.

When coming up with your slogan, you may want to consider creating something that is timeless and won't just fade with new trends.

5. Consider your audience

When finding a catchy slogan name, you'll want to make sure that this resonates across your entire audience.

It's possible that your slogan could make complete sense to your audience in Europe, but may not resonate with your US audience.

6. Get feedback!

This is one of the easiest ways to know if your slogan will be perceived well, and a step that a lot of brands drop the ball on.

Ask friends, family, strangers, and most importantly, those that are considered to be in your target market.

Here's some inspiration for coming up with a slogan for your adult toys business:

For The Adult You Don't Yet Know.
From Inaesthetic To Esthetic
Only A Fool Breaks The Adult.
Wooden Fiddle, Little Gadgets
From Married To Undivided
Every Adult Has A Story.
Break Me Off A Piece Of That Adult.
I Was A Adult Weakling.
Our Adult Will Give You Softer Skin.
Commit Of The Miniature
Adult First At The Finish Line!
Free For All Adult.
Serial Virtuals Are What We Do
Adult, How Did You Live Without It?
Work Hard, Website Harder
Review The Facts Toys Is The Best.
Onlines With Trade
Look, Ma, No Adult!
Toys Strikes Back.
Pleasure - A Safe Place In An Unsafe World!
Adult Gets An AAdult.
Home Of The Play
You Need A Adult.
Commit Of The Offender
Searchable Lives Are What We Do
We Don't Make Toys. We Make Toys Better.
Everyone Wants A Pleasure.
Toys Keeps Them Coming Back
Adult Stands Above The Rest.
You Too Can Have A Adult Like Mine.
I Feel Like Adult Tonight.
You Can't Stop Adult.
Sweet As The Moment When The Adult Went 'Pop'
Adult, Where Success Is At Home.
Free Adult.
Don't Live A Little, Live A Toys.
Adult Keeps Going, And Going, And Going...
The Magic Of Adult.
Go Far With Adult.
Work Hard, Connects Harder
Pleasure Strikes Back.
Break Through With Adult.
Share Moments, Share Toys.
Work Hard, Enjoy Harder
Bliss Is What We Do
Adult Will Get You More Girls.
Order Of The Age
Adult Is Rolling, The Others Are Stoned.
Every Adult Helps.
Adult, I Want It All.
America's Most Trusted Adult.
Your Flexible Adult.
Made To Make Your Adult Water.
Children Is What We Do
Work Hard, Played Harder
Adult Chews 'Em Up And Spits 'Em Out.
Adult, What Else?
Adult Is A Never Ending Story.

The Brick & Mortar Business Model

When deciding whether or not to start an adult toys business, it's important to first decide what type of business model you want (brick and mortar, eCommerce, or both)!

Here are a few things to keep in mind when considering a Brick & Mortar store:

If you do plan to open a physical store, it's important that you find a spot in a high-traffic area. This is a great way to gain exposure for your business and also get new customers.

It's also important to consider the higher costs associated with operating a physical store (ie - employees, rent, utilities, etc) and the long days/hours associated with running a store.

The main benefit, however, is that customers love being able to see products in person. It's important to recognize that although some people enjoy shopping online, there will always be the shopper persona that likes to touch, feel, and see the product they're buying.

🎬 How To Start An Adult Toys Business

How Much Does It Cost To Start An Adult Toys Business

If you are planning to start an adult toys business, the costs are relatively low. This, of course, depends on if you decide to start the business with lean expenses or bringing in a large team and spending more money.

We’ve outlined two common scenarios for “pre-opening” costs of starting an adult toys business and outline the costs you should expect for each:

The estimated minimum starting cost = $12
The estimated maximum starting cost = $37,876

Startup Expenses: Average expenses incurred when starting a adult toys business.	Min Startup Costs: You plan to execute on your own. You’re able to work from home with minimal costs.	Max Startup Costs: You have started with 1+ other team members.
Equipment & Supply Expenses
Cleaning Supplies: Cleaning supplies are essential products we used daily at home and in almost all places worldwide. These items are used to effectively and safely remove dirt and germs to control allergens and prevent the spreading of contagious diseases, helping us stay healthy.	$63	$200
First-aid Equipment: First-aid kits can be bought as a set if not gathered one by one. These are vital in all places of work, homes, and even in cars, especially when you plan to travel or go camping. So, to protect your workers, clients, and kinsfolks, you must always keep a well-stocked first-aid kit handy.	$3	$500
Uniforms: In this business, it's common to wear uniforms. The cost will depend on the number of employees you have and the quality of uniform you buy.	$0	$500
Total Equipment & Supply Expenses	$66 (min)	$1,200 (max)
Retail Business Expenses
Shop Decor: If you plan to operate a physical store, you may want to consider decorating the place with wall decor, furniture, plants etc.	$0	$5,000
Utilities (storefront business): This refers to the cost of monthly utilities for your storefront location, which is typically based on a per-square-footage rate.	$0	$1,000
Building improvements and remodeling: If you plan to operate a physical location, you may find yourself dealing with building improvements and remodeling costs. Even if these costs are minimal, this is something to consider when renting/buying a physical location.	$0	$950
Storefront Property Rent: This refers to the storefront space you rent or buy for your business. The cost depends largely on the city and the size of the space. Keep in mind that other costs may be involved with your base rent and your lease will define additional expenses you are responsible for.	$1,250	$3,500
POS System: Gone are the days of cash registers! Many businesses now use point-of-sale systems for their checkout needs and to track sales and inventory. Here is a list of the best POS systems for small businesses!	$0	$1,200
Total Retail Business Expenses	$1,250 (min)	$11,650 (max)
Inventory Expenses
Upfront Costs For Inventory: This includes all upfront inventory you will need in order to launch. Be sure to compare prices of wholesalers to ensure you're getting the best deal and margins remain high.	$300	$5,000
Inventory Storage: If you decide to have a physical space for your adult toys business, whether it be used for inventory or as a showroom, you may have monthly rent payment or a large down payment associated with renting/buying the space.	$0	$5,000
Package Design: Packaging refers to wrapping and protecting products during distribution, shipping, and sales.Your package design is your customer's first impression of your brand, so it's important you spend some time and energy to get this right from the start.Many businesses design their own packages using design software and tools. There is always the option to outsource this to a design expert, but that route tends to be much more expensive.	$50	$3,000
Shrinkage: Shrinkage refers to the loss of inventory at any point between the purchase from your supplier and the purchase by your customer. Although you will try to avoid this at all costs, this does happen sometimes (especially in the learning stages of your business), and it's important to plan ahead financially in case this happens. Fortune states that retail shrinkage costs U.S. retailers approximately 1.4 percent of their total sales.	$0	$1,000
Distribution costs: Depending on what distribution plan you choose, expenses such as renting vans, hiring delivery drivers and gas costs can add up. If you are looking to save money upfront, you may want to consider conducting distribution on your own.	$0	$750
Total Inventory Expenses	$350 (min)	$14,750 (max)
Advertising & Marketing Costs
Business Cards: A adult toys business involves quite a bit of customer interaction, whether that is attending tradeshows, sales calls or simply having face to face interaction with prospective clients. Business cards are a great way to stay front of mind with your clients.	$0	$50
Tradeshow costs: With a adult toys business, attending tradeshows is very common. If you have a booth set up at a tradeshow, the cost on average is around $100-$150 per square foot. In addition to the booth fees, you should also budget for giveaway swag, WiFi/electricity, and other promotional items.	$0	$5,000
Networking Membership Fees: Joining local networking groups or your chamber of commerce is a traditional yet effective way to promote your adult toys business - but these fees add up! It's important to choose the right group(s) that align with your business and help with growth.	$0	$250
Business Signage: Business signs let people know they're in the right place and are one of the first impressions your customer will have of your business.The cost for signage depends on a variety of elements:- material- size- number of colors- durability- installation and laborThere are plenty of design tools and software to create your own signs, or you can hire a sign business to do this for you.	$75	$2,486
Direct Campaigns, Printing and Mailing: Although it may sound old-school, traditional marketing methods can be a cost-effective way to drive awareness for your brand. This includes flyers, postcards, sales letters, coupons, special offers, catalogs and brochures.	$0	$300
Influencer Marketing: Partnering with like-minded influencers is one of the most effective ways to grow your social media presence. Many small businesses simply gift a free item in exchange for an influencer post, or pay the influencer directly.	$0	$750
Press: If your business and story is unique enough, press and media attention may come to you, but odds are, you may need to do your own outreach and budget for this. We put together a guide here that discusses different press opportunities (both free and paid).	$0	$500
Google Ads: With Google Ads you have the ability to control how much you spend by simply setting a monthly budget cap. Additionally, with these ads you only pay for results, such as clicks to your website or phone calls! It's okay to start with a small budget at first and make changes accordingly if you see valuable returns.	$0	$300
Total Advertising & Marketing Costs	$75 (min)	$9,636 (max)
Software Expenses
Email marketing tool: If you plan to grow your email list and email marketing efforts, you may want to consider investing in an email marketing platform (ie. Klaviyo, MailChimp). We put together a detailed guide on all of the email marketing tools out there + the pricing models for each one here.	$0	$100
Accounting & Invoicing Software: It's important to have an accounting system and process in place to manage financials, reporting, planning and tax preparation. Here are the 30 best accounting tools for small businesses.	$0	$50
Project Management Software: You may want to consider using a project management and collaboration tool to organize your day-to-day. This can also be very beneficial if you have a larger team and want to keep track of everyones tasks and productivity. For a full list of project management tools, check out this full list here.	$0	$25
Social Media Management Tools: If you plan to do social media marketing for your adult toys business, you should consider investing in a social media automation or publishing tool. This will save you time and allow you to track performance and engagement for your posts. Here is a list of 28 best social media tools for your small business.	$0	$50
Payroll Software: The main purpose of payroll software is to help you pay your team and track each of those payments (so that you don't have to do it manually). If you do not have any employees or have a very small team, payroll software may not be necessary at this stage. Here are the 11 best payroll tools for small businesses!	$0	$200
Total Software Expenses	$0 (min)	$425 (max)
Website Costs
Domain Name: Your domain name is the URL and name of your website - this is how internet users find you and your website.Domain names are extremely important and should match your company name and brand. This makes it easier for customers to remember you and return to your website.	$12	$200
Business Email Hosting Service: An email hosting runs a dedicated email server. Once you have your domain name, you can set up email accounts for each user on your team. The most common email hosts are G Suite and Microsoft 365 Suite. The number of email accounts you set up will determine the monthly cost breakdown.	$1	$15
Total Website Costs	$13 (min)	$215 (max)
Total Starting Costs	$12 (min)	$37,876 (max)

Raising Money For Your Adult Toys Business

Here are the most common ways to raise money for your adult toys business:

Bootstrapping

You may not need funding for your adult toys business.

In fact, many entrepreneurs take this approach when starting their own business, whether they have a little amount of cash or a substantial amount to get started.

So what exactly does the term "bootstrapping" mean?

This method essentially refers to self-funding your businesswithout external help or capital and reinvesting your earnings back into the business**

Bootstrapping means building your company from the ground up with your own, or your loved ones, personal savings and reinvesting all earnings back into the business

Here are some tips to consider when bootstrapping your business:

Use your savings as your capital - one of the best ways to bootstrap your business is to collect your savings and use them as startup capital. This will also help you avoid using your personal or business credit cards when getting started.
Determine exactly how much capital you need and how much capital you have to get your business off the ground. Generally, when bootstrapping your business, you may want to consider starting a business that involves less startup capital.
Consider starting a business that will generate immediate returns so you can put money back into the business
Be as lean as possible - this refers to cutting down expenses as much as possible, such as payroll, fancy software tools, unnecessary travel, renting an office, etc
Consider outsourcing instead of hiring - in the beginning, you may not need to hire someone permanently to help run your business. It tends to be much less expensive to outsource work to a freelancer and hire someone permanently down the road!

Want to learn more about bootstrapping your business? Check out this article

VC Funding

VC funding is a traditional and long process, but an effective way to raise money for your business.

The term "VC funding" refers to venture capital firms investing in businesses in exchange for equity.

The VC's (venture capitalists) are an individual or small group investing in your business and typically require substantial ownership of the business, with the hope of seeing a return on their investment.

VC's are typically the best approach for businesses with high startup costs - where it would be very difficult to raise the money on your own or through a loan.

When deciding whether to take this approach, it's important that you have a few things in place first, and know what you're getting yourself into:

Determine if your business is ready

Having an idea is not enough to get VC funding.

Typically, VC's will check to make sure you have these things in place prior to closing any deal:

An MVP (Minimal Viable Product)
A founding team with all proper documents in place (articles of organization, business formation)
A validated idea with actual customers buying your product/service

Get everything in place and build a pitch deck

A VC individual or firm will be expecting a fine-tuned presentation that gives an overview of your business.

Here's what you should consider including in your pitch deck:

Management team, their previous experience + current roles in the business
Market challenge and solution
Company financials - including a P&L statement, cash flow statement, and projections
Company progress
Investment amount - how much do you need and why?

Research the right VC to fund your business

Research the types of VC investors out there and what niche they focus on.

Then, put together a list of target VC's you want to approach and your strategy around setting up meetings.

Be sure you have everything in place (as discussed above) before setting up any meeting!

Make sure the terms and expectations are right for your business

Committing to VC funding is a big deal and a decision that should not be made lightly.

Although the money and experience from VC's can help your business quickly grow, you are also giving away a stake in the company, and the money comes with strings attached.

Be sure you do your due diligence in finding the right investor - one that truly believes in the growth and success of your business.

What Skills Do I Need To Succeed In Starting An Adult Toys Business?

As a adult toys business, there are several essential skills and characteristics that are important to identify prior to starting your business.

Let’s look at these skills in more detail so you can identify what you need to succeed in your day-to-day business operations:

Business Savvy Skills

When starting an adult toys business, there are a few fundamental business skills you will want to learn in order to be successful:

Leadership and training skills: A great team starts with YOU. Make sure you have all company policies and training procedures in place prior to hiring your team
Decisive and self-confident: Over the course of your career, you will need decisions that could impact your business significantly. It's important you are able to think clearly and rationally about these decisions.
Ability to understand the financials: You don't need to be an accountant, but it is important that you are able to clearly understand and define metrics such as expenses, revenue, profit, margins, COGS, etc.
Strategic Thinking: Setting clear goals and benchmarks, identifying opportunities, risks. Ability to effectively communicate these insights to your team.

These are a few of many business savvy skills you should have (or work on) when starting an adult toys business.

For a full list, check out this article here.

Self Motivation Skills

Self motivation and discipline skills are critical in order to become successful in this field.

It's likely that you will find yourself starting and running your adult toys business from home, which could mean there are more distractions for you.

Here are the basic skills needed for self motivation & discipline:

Becoming a self starter: It's important that you are capable of independently completing a task without the help or direction of anyone else
Listening and following directions: When you are given direction by others, it's critical that you are able to follow directions and ask the right questions in order to get your job done
Taking the initiative in problem solving: Instead of taking the easy route, you'll need to learn to troubleshoot issues on your own as much as possible.

Customer Service Skills

Friendly communication with customers and the ability to address service issues is a critical part of the job.

Here are some customer service skills you may want to consider prior to starting an adult toys business:

Professionalism: The way you act, present yourself, and respond to situations all leave an impression on your customer. It's important to stay professional at all times when handling customer requests or issues.
Problem-solving: When issues arise, it's important that you are able to think quick on your feet and address the situation with a calm and clear solution
Friendly-manner: This is an obvious one, but customers truly appreciate someone that can respond in a quick, efficient, and friendly manner.
Proficient in writing: These skills include the ability to write well-crafted emails, service tickets, and any other programs used by the business (ie. chat functions, SMS texting)

Advice For Starting An Adult Toys Business

We've interviewed thousands of successful founders at Starter Story and asked what advice they would give to entrepreneurs who are just getting started.

Here's the best advice we discovered for starting an adult toys business:

Montoya Walton, founder of Behind Chocolate Eyes, LLC. ($500/month):

The only mistake I can see someone making with their business is quitting! Any other mistake can be fixed. Once you quit, you basically kill the momentum you had, in the beginning, making it hard to start over. Never quit, just take a break from time to time.

Read the full interview ➜

Write a Business Plan

Writing a business plan from the start is critical for the success of your adult toys business.

Why?

Because this allows you to roadmap exactly what you do, what your overall structure will look like, and where you want to be in the future.

For many entrepreneurs, writing out the business plan helps validate their idea and decide whether or not they should move forward with starting the business.

You may want to consider expanding upon these sections in your business plan:

Executive Summary: Brief outline of your product, the market, and growth opportunities
Overviews and Objectives: Overview of your business, target customers, and what you need to run your business
Products and Services: Specifics on the products and services your business will provide
Market Opportunities: Analysis of customer demographics, buyer habits and if your product is in demand
Marketing: Outline of your marketing plan and how you plan to differentiate yourself from other customers
Competitive analysis: Analysis of your competition and the strengths and weaknesses therein
Operations: Hierarchal structure of the company and what it will take to run the business on the day-to-day
Leadership Team: Detailing roles and responsibilities of each manager based on their specific skill-set
Financial Analysis Understanding of all expenses, operating budgets, and projections for the future.

Learn more about how to write a business plan here

Determine Which Business Bank Account You Need

There are hundreds of banks out there, and it can be overwhelming to find one that's right for your business.

Here are some factors you may want to consider:

Location - Is your bank close enough that you can easily make deposits or get cash?
Low Fees - Make sure to understand any and all fees associated with setting up and maintaining your bank account. Ask for a list - banks usually try to keep this hidden and in the fine print.
Online Banking Services - Make sure you can easily navigate through your online portal and you have easy access to everything you need.
Line of Credit - What do your options look like (even if you don't need this now, you may need this down the road).
Every bank has something that differentiates them from the rest, so make sure whatever that is applied to your needs and values.

Check out this list of the 13 Best Banks for Small Business in 2020 and what makes them so unique.

Setting Up Your Adult Toys Business (Formation and Legal)

When it comes to setting up your business, you may find yourself in a place where you have to make some financial and legal decisions.

The first thing you'll want to decide on is whether you want to be an LLC, S-Corp, or C-Corp.

These three options are found to be the most common when starting a small business, and all serve to protect your personal assets and also provide you with certain tax benefits.

LLC: All income and expenses from the business are reported on the LLC personal income tax return.
S corp: Owners pay themselves salaries + receive dividends from profits.
C Corp: C Corps are separately taxable entities that file a corporate tax return (Form 1120). No income tax is paid at the corporate level and any tax due is paid at the owners individual expense.

Depending on where you're conducting business, you'll also want to consider securing the proper permits, licenses and liability insurance.

Learn more about securing the right permits and licenses ➜

Need to start an LLC? Create an LLC in minutes with ZenBusiness.

How Do I Pay Myself As A Small Business Owner?

Most entrepreneurs start a business to do something they love- but at the end of the day, you still have bills to pay (maybe now more than ever).

But it's important to strike the right balance - if you pay yourself too much, you could be putting your business at risk.

There are two common ways to pay yourself as a business owner:

1. Owner's Draw

Many entrepreneurs pay themselves through an owner's draw. This means that you are technically sean as "self-employed" through the eyes of the IRS and are not paid through regular wages.

At the point that you collect money from the draw, taxes typically are not taken out - so make sure you are prepared to pay these taxes once you file your individual return.

As an owner who takes a draw, you can legally take out as much as you want from your equity.

This type of compensation is suited for Sole props, LLCs, and partnerships. If you’re an S corp, you can pay yourself through both a salary and draw if you choose.

2. Salary

If you decide to pay yourself a salary, you will receive a set and recurring amount. This will be taxed by the federal government and the state you reside in.

The reality is that it can be really complicated to set your own salary, so we have some tips for you to consider:

Take out a reasonable amount that allows you to live comfortably but also sets your business up for success
Consider the number of hours you are working weekly + the type of duties you are performing.
Set your salary based on your industry-standard, location, and profits (or projected profits)
Look at your P&L statement: Deduct your own pay from that amount. This is important so you can first tackle important business expenses, and then pay yourself from the amount leftover.
Pick a payroll schedule (and stick to it)! In the US, it's most common to pay yourself and employees twice a month.

https://media.giphy.com/media/xT0xeLTRncS90ptpfi/giphy.gif

To learn more about how to pay yourself and what is a reasonable amount, check out this article.

How To Price Your Adult Toys

One of the most challenging aspects to starting an adult toys business is determining how much to charge for your adult toys.

When businesses under-price their product, this can be extremely detrimental to their bottom line and reputation.

Often times, businesses under-price their products to drive demand and volume, but that last thing you want is for customers to view your product/service as "cheap." Additionally, this can have a big impact on the type of customer you attract, which can be difficult to recover from.

On the other hand, when businesses over-price, this tends to be just as damaging to the business.

When customers buy, it's likely that they will explore the internet and look at other competitors to ensure they're getting the best value + deal. This is why it's so important that you research your competition and understand where you land in the marketplace.

Here are some factors to consider when pricing your product:

Understand your customer

It's important that out of the gates, you identify the type of customer you want to attract and how much they're willing to pay for your service. One great way to do this is by surveying your customers. Here are some important items you'll want to takeaway:

Customer demographic: Age, gender, location, etc.
Buying habits of your customer: What they buy + when they buy
Level of price sensitivity with your customer

All of these segments will help you identify the type of customer you're attracting and how to price your product accordingly.

Understand your costs

When pricing your adult toys, it's critical that you first identify all of your costs and consequently mark up your adult toys so you can factor in a profit.

The actual cost of your adult toys may include things like:

The actual cost to make the product (ie. raw materials, supplies, manufacturer).
Shipping + overhead fees
Rent
Operating costs to run your business

You may want to consider creating a spreadsheet with every single expense involved in operating/owning your business. This will give you an idea as to what you need to generate in order to at the very least, break-even and will help you price your products to factor in a profit.

Create revenue goals

When determining the price of your adult toys, you'll want to create goals for revenue + how much profit you want your adult toys business to make.

This process is simpler than you may think:

Think about your breakeven cost (by completing the above step).
Create a revenue goal based on your break-even cost
Evaluate the # of items you plan to sell in a given period (make sure this is a realistic number)
Divide your revenue goal by the number of items you plan to sell

This figure will help determine your estimated price per product in order to meet your revenue goals.

Evaluate your competition

The last piece in determining how to price your adult toys is by simply looking at your competition.

The best way to do this is by finding like-minded businesses that offer product(s) with similar perceived value. Then, you can compare prices of the different businesses and determine where your adult toys fits best in the marketplace.

All of these factors play an equal part in pricing your adult toys, so it's important you evaluate each one individually to come up with an accurate price that will help optimize your business from the start.

Case Study

Understanding Your Costs

Example from Ishan, founder of Ugly Duckling

First objective: profitability

Our profitability is OK at this point but definitely not where it should be yet. To this day I have not paid myself a regular salary yet...and it’s been 4 years!

The problem is not the cost of goods which are well under 20% of sales, which is good by any standard. The problem is fulfillment costs. In 2018 we transitioned from our first fulfillment company to a much bigger company. We did this because we wanted to provide faster shipment speeds and a better quality of packaging. In hindsight, we chose a company which would have been more suitable for a larger company with bigger volumes. We ended up being tied in with some pretty large minimum monthly payments. So currently fulfillment costs are currently around 45% of sales...way too high.

We are now looking to transit to another fulfillment center. Our target is to get our fulfillment costs down to around 30% of sales which I believe from what I have researched, is possible.

Just to be clear, when I say fulfillment that includes transportation costs also - FedEx, USPS, etc. Not just storage, picking, and packing. I am pretty sure that it is possible to get fulfillment costs down even lower, and I suspect that some large pro sellers on amazon.com work with around 20-25% of sales.

So our target P+L for 2020 looks something like this:

Cost of goods, including inbound freight and clearance - around 22% of sales.
Fulfillment - around 30% of sales.
Digital Advertising & Promotion - around 15% of sales.
Other marketing and office costs, including salary costs - around 10% of sales.
That would leave us around 23% of sales - enough to pay me a liveable salary and for the company to make a profit and finance future growth.

That's the first objective for 2020: to right-size the P+L so that we are profitable at our current sales level

Ishan Dutta, on starting Ugly Duckling ($60,000/month) full story ➜

Gross Margin Calculator: How to Calculate The Gross Margin For Your Adult Toys

Our calculator is designed to be simple and easy to use.

The goal is to help you set realistic expectations and understand what is considered a healthy gross margin for your adult toys business.

Calculate your gross margin and profit margin here.

Design A Prototype

Turning your idea into a reality can feel like a daunting task - but it's critical that you have an idea of what your product will look like (even if it's just a sketch) prior to finding a manufacturer.

Here are some common ways you can design your prototype:

Draw Your Initial Design on Paper
Form pieces of fabric together
Consider Taking A Generic Product And Putting Your Own Brand On It
Try Making the Product Yourself
Consider Building A Prototype With A 3D Printer

To learn more about how to design and prototype a product, check out our latest guide here.

Montoya Walton, founder of Behind Chocolate Eyes, LLC. dives deep into the process of designing and prototyping their product:

Case Study

Like I mentioned before, I did a little research on the adult industry before it was an actual hands-on type of business. So, I knew the bare minimum of what I could & couldn’t do in the state of Texas. At this point, I was just stepping out on faith & going for it!

It took me just a few hours to find a wholesale sex toy distributor, that I could trust. Another reason why I know this business is for me is that everything just flows so smoothly. The company actually offered Starter kits! How lucky could a girl get? I ordered two, which were $100 each & shipping was $100. The total was $300 for my first products ever. Delivery would take 5-7 business days, so in the meantime, I worked on my website. Which was up and running by March 14, 2021, 6 days after I received all my legal documents to actually have a business.

1st version of our website

I thought about ordering products from Amazon, but I couldn’t find wholesale prices there. I’ve read other reviews and blog posts about how selling adult toys is illegal on Amazon, so it never crossed my mind to even sell on there as well, even though I’m not really sure if that's true or not. I always see adult toys posted there.

I went through a 3rd party company to file my legal documents because there was no way I could do it on my own, I didn’t know where to start. The 3rd party company is called Incfile. They charged about $600, but I received all my documents in 2-3weeks, so well worth every penny I spent. I went through GoDaddy to help me design my website! Which is really cool & easy to navigate, my 90yr old great-grandma could do it!

Some People start their business in their basement or at the kitchen table, I started on my bedroom floor

Montoya Walton, on starting Behind Chocolate Eyes, LLC. ($500/month) full story ➜

How To Find A Supplier For Your Adult Toys Business

Here are the steps to consider when finding a supplier/manufacturer:

Know your design

One very critical step to finding the right supplier is having an initial idea of what your design/product will look like.

Sketching is one of the most simple ways to get started in the design phase.

What's great about sketching is that you can practically do this anytime, anywhere - even on the back of a napkin.

To get started, all you need to do is pick up a pen and paper and start drawing - or if you are working on a virtual/software product this can be a diagram that outlines the user interface or experience.

Decide your supplier type

You'll want to identify the type of supplier you are looking for.

Here are some questions you may want to ask yourself prior to searching for a supplier

Are you looking for a manufacturer to produce your product idea?
Do you want to find a supplier that can simply purchase existing products for you?
Do you want a drop-shipper to supply and fulfill orders?
Do you want a domestic supplier or an overseas supplier? Read more about the pros and cons of each here

Where to start your search

Once you have an understanding of what type of manufacturer/supplier will be best to bring your idea to life, there are several areas you can start your search:

Domestic Suppliers

Overseas Suppliers

Manufacturing Your Product In House

It's also very common to manufacture your adult toys on your own - either from your home or in a commercial space.

In order to get the product right, you may want to consider experimenting with different designs and recipes until you find the perfect one.

Some founders choose to manufacture their product in-house so that they can control quality, manage costs, and easily handle production/logistics.

Down the road, you can always choose to outsource your adult toys.

Case Study

Leslie Eisen, founder of AlmondClear discusses how to manufacture products in house

If you want to start a line of unique products, then you have two basic options: you can make them yourself, or you can find a manufacturer to work with that creates custom formulations for their clients.

I knew that I was trying to build a larger-scale business and that the home-made model wasn’t right for me, so I had to find the right manufacturing partner. It took a lot of research, phone calls, and emails before I found the laboratory that met my needs.

I wanted to create unique products (as opposed to private label), so I worked with the manufacturer’s chemist who specializes in skin care formulations. This process takes some time!

First, you have to tell the chemist what kind of product you’re looking for, the ingredients that you want to include or leave out, and what you want the final product to look like/feel like/smell like, etc.

Then, the manufacturer sends you the first sample, you try it out or give it to others to try, and then provide feedback for revisions. In my case, the first two products came together fairly easily because I only needed to make small changes to stock formulations.

There are many, many rules and regulations around cosmetics and skin care products. If you want to sell products that contain FDA regulated ingredients then you have to register and get a permit.

My products aren’t FDA regulated, so I didn’t have to go through this step, but I did have to be aware of the many guidelines and standards around labeling and safety warnings. Some people hire a lawyer to help them through this process, but my manufacturer was able to guide me through the regulatory process.

The entire process, from researching labs to work with to having the first finished products shipped out to me, took around six months.

Leslie Eisen, on starting AlmondClear ($15,000/month) full story ➜

Purchasing Inventory For Your Adult Toys Business

When first starting out, it's important to start small with your overhead to get a gauge for what people want.

Just remember - if you order a line of items that don't sell, it's nearly impossible to recoup the money lost.

Buying the right inventory takes research and planning in order to get it right.

Identify your target audience: Identify the age, gender, annual income that you will be selling to. This is a defining factor in ordering the right inventory that will sell.
Research your competition: Conduct market research and identify the different types of styles, price points, and materials being used. This will help you see what's trending and ways that you can improve/stay ahead of the competition.
Create an inventory wishlist: Identify what you need for the launch of your business and create a budget that you will stay within. Remember, it's okay to start small.
Find a supplier Make sure to first compare prices and analyze different options.
Delivery timing: Schedule the inventory delivery to match with seasonality and trending buying seasons

Pro-tip: It's easy to become biased based on your own fashion preferences on what types of shoes/apparel to purchase. This is where a lot of fashion businesses go wrong. It's important to base purchase decisions on current buyer behavior, trends in the market, and specific to your niche.

Case Study

Erin Hooley, founder of Bailey's Blossoms tells us how poor inventory projections led her to lose over $2M

When we first launched Peyton Bre we did so in a social or direct sales model.

Through poor inventory projections we were forced to change models but only after losing $2 million dollars.

It was a devastating time for us and one we were not sure we could survive.

I have since become very intentional about the way that we project our inventory needs and we continue to refine that quarterly and even monthly. We have created a KPI for the cost of goods sold to help us hold ourselves accountable.

Ultimately, the better we manage our inventory the less we have need to discount and the healthier our profit margin becomes.

This is, of course, a very high-level overview of the importance of inventory control.

To see the full breakdown on how to manage inventory, check out my guide over on my blog..

Erin E Hooley, on starting Bailey's Blossoms ($750,000/month) full story ➜

🚀 How To Launch Your Adult Toys Business

Build A Website

Building a website is imperative when launching your business, and with the right tools in place, this can be a simple task to check off the list (without having to hire someone).

Pick a domain name that's easy to remember and easy to type
Choose a Web Hosting Plan (ie. Shopify, Squarespace)
Make sure you choose the right theme and design
Implement the proper page structure (ie. about page, contact page, pricing etc)

To learn more about how to build a stellar website with little stress, we give you all the details on this step-by-step guide.

Web Design

Once you have chosen the domain, web hosting, and platform, it's time to get started with the design phase.

Themes are a great way to produce the fundamental style and identity of your website - this includes everything from your font design to your blog post styles.

One of the best ways to get started is to simply explore the various themes (free or paid depending on what you're looking for) and test them on your site.

If web-design really isn't in the cards for you, you may want to consider outsourcing a web designer to help bring your vision and brand to life.

Launch Strategies For Your Adult Toys Business

There are various different ways you can launch your adult toys business successfully.

Here are a few different strategies to get customers excited about your adult toys business.

Build hype with a landing page: you can effectively do this through waiting lists, discounts, countdown timer etc
Create a teaser video: even just a 30 second video is a great way to exposure for your adult toys business, and possibly even go viral
Reach out to influencers: The right influencer for your product has the ability to reach your audience with just one post, and because of their loyal following, this could lead to a big return for you.
Get Press: Whether you plan a PR stunt or get exposure through a popular news outlet, this is a great way to attract initial customers
Launch on popular sites: A great way to get buzz about your adult toys business is to submit your launch to popular startup sites.

Here are a few popular sites to launch on:

Learn more about how to launch your business successfully ➜ here

Montoya Walton, founder of Behind Chocolate Eyes, LLC. dives deep into the process of launching the business:

Case Study

When it was time to launch my business to the world, I was a bit nervous, because I had no idea how my family & friends would accept the type of industry I was in. In reality, it really didn't matter, because this was my new journey and I was embracing it all. Good or bad.

Luckily, I had more good responses than bad! I think people that know me personally, felt like I was taking a courageous step because this industry isn’t for the weak at heart. It’s absolutely rewarding though! Once my website was ready to be published & my products were ready to be shipped out, I sent out a GRAND OPENING email (picture below) to all 5 subscribers. I have roughly around 40 today.

The anticipation was killing me because I felt this business was going to kick off as soon as I stated I was open for business! Instead, I received my first sale 4 days later & was very excited! Since March 2021, I have had an average of 37 orders. I think that’s pretty good, being open for only 4 months now.

Talking finance and launching my business, I saved approximately $1200 in one month as a startup. Like any business starting up, I didn’t know exactly how much money I needed to actually have so that was just an estimate. Which turned out to be a great start! I had enough to pay legal fees, website & products. I also worked part-time at a warehouse, so whenever I needed extra money for anything, that would come in handy.

I can say one of the biggest lessons I’ve learned so far is that business owners have to pay taxes every quarter, basically every 3 months. I had to learn the hard way because I was late with my first quarter payment. I didn’t understand how to pay it or even where to register. Luckily, I learned quickly after paying a $50 late fee, when only owing $8.50 in taxes for the first quarter. If you can afford a Bookkeeper, I would get one just to save yourself any troubles. It’s not hard, just very time-consuming.

Montoya Walton, on starting Behind Chocolate Eyes, LLC. ($500/month) full story ➜

Make Sure You Get The Package Design Right

The way you package your adult toys business is often the first impression your customer has - so it's important to get it right.

You may want to ask yourself these questions:

If my product is on a shelf next to hundreds of other similar products:

Will my adult toys business stand out?
Will the branding/packaging create a connection with my customer, and hence, lead them to buy?

There are hundreds of tools you can use to help with packaging and design:

Canva - Allows non-designers to create beautiful Instagram/Pinterest posts, flyers, business cards, etc.
Stickermule - High quality custom stickers you can include on or in your packaging.
Noissue - Custom tissue paper and compostable mailers
Rollo Label Printer - A great tool to print all shipping labels at home

Case Study

Sheets & Giggles explains the motive behind their "Premium Unboxing Experience"

I had a particular vision for our packaging centered around one goal: because we were a DTC company and wouldn’t do physical retail in year 1, we needed to focus entirely on an incredible unboxing experience that made the product feel as premium as possible.

Outside: a white box, nice wax coating, logo front and center with no other copy, easy to open, nice and sturdy.

Inside: make people smile from the get-go, have a social call-to-action, include free extra surprises (a knapsack that wraps the sheets and an eye mask), put funny copy all over the place, and add a donation bag that people could use to donate their now-defunct cotton sheets (sheets & blankets are the #2-most-requested item at shelters behind socks).

Colin McIntosh, on starting Sheets & Giggles ($200,000/month) full story ➜

🌱 How To Grow Your Adult Toys Business

Consider Selling On Amazon

In addition to selling your products directly on your site, you may want to consider selling on Amazon to reach a wider audience and attract new customers.

Here are some pros and cons of selling on amazon:

Pros

Easy and seamless process to get your product listed on Amazon
There are roughly 100 million thoroughly committed prime customers, so you're bound to tap into new business
Can help grow your business exponentially and reach new audiences

Cons

You may encounter some "copycats" and counterfeit products
Amazon owns the relationship with the customer (you lose control over product reviews + customer service)
If you already have a low-markup, amazon may not wrth your while and you could end up losing money
Commissions and listing fees are high - it's easy to lose control of your offering

Follow these instructions to get your product listed on Amazon or check out the video below on how to get started:

Case Study

Cory Stout, founder of Woodies ($250K/mo) provides us with specifics on how to rank better on amazon:

Our main product is walnut wood sunglasses that I sell for $25 on Amazon and Woodies.com.

I dedicated myself to becoming an Amazon expert. I listened to all the podcasts and read all the blog posts I could find. Shoutout EcomCrew I took the basic fundamentals that are out there and I added a couple of my own twists.

Amazon brings me, 100 brand new customers, every day for very little acquisition cost. If I tried that on my own, it would take a TON of work and it wouldn’t be nearly as effective as Amazon, so I took the easy road on this one.

Here's an article I wrote on how to rank better on amazon (30+ Tips):

5/5: ESSENTIAL

Beautiful images (minimum 5 images) especially lifestyle images I use UpgradedImages.com for product photography (hey Ken!)
Keywords in your title (but it still needs to sound human)
Competitive price (contributes to high conversion rate)
NOT having 1-star reviews
DON'T STOCKOUT: it's such a killer and if you DO stockout, definitely DON'T raise your price right before you do, if anything LOWER your price for the last 10-20 units before you stockout, each ASIN has a 'memory' for when you do get back in stock so that will help you regain ranking quickly
DON'T VIOLATE AMAZON TOS: just don't
Perform QC on your stock before you send it in (I sent in a wrong box once and I had to 'remove' over 3,000 pieces so I could sift through them and remove the 150 contaminated pieces 0/7 would not recommend

4/5: Pretty Friggin Important

Minimum 10 5-star reviews (do this before you do anything below this)
Well optimized PPC campaigns (could do a whole post on this, keep ACOS under 40%) here's a screenshot of some of my campaigns I use a combination of manual campaigns with exact phrases and high bids...and auto campaigns with a broad range of products and very low bids
Turning on FeedbackGenius for auto review requests (it's not as good as it used to be, but it's still worth it)
Get a trademark and get Brand Registry, this protects you from hijackers and other unscrupulous sellers
Quick response to customer messages (under 12 hours) here are my stats my mom does all my customer service "Employee of the Year" status
Drive outside traffic (amazon loves outside traffic because they don't have to spend so much to acquire customers) Facebook, Instagram, and Google Adwords are the usual suspects
Use ocean shipping to save mucho $$$ on unit costs (use flexport)

🏃🏼‍♀️ How To Run Your Adult Toys Business

How To Retain Customers For Your Adult Toys Business

Retaining customers is one of the most effective ways to grow your adult toys business.

Oftentimes, it's easy to find yourself focusing on generating new customers, vs retaining your current ones.

Look at it this way - you are 60-70% more likely to sell a new product to an existing customer than you are a new customer.

That's not to say that finding new customers and revenue streams is not important, however, the easiest (and most inexpensive) source of new revenue is right there in front of you.

Here are some ways you can retain customers for your adult toys business:

Responding to comments on social media
Send discounts (or freebies) to loyal customers
Provide valuable content, for free
Write a hand written thank you note
Provide awesome customer service and build relationships with customers

To find out more tips and tricks on retaining customers, check out this article ➜ here

Carolyn Eagle, founder of Betty's Toy Box dives deep into the process of attracting and retaining customers:

Case Study

From the start, we have always been focused on connecting with our customers through education and information. In our very unique industry, many people come to us for advice and we are often the first source of information when people are confused or in doubt.

Keep learning as you go and keep looking at others in your field for inspiration but never forget why you started in the first place.

It became apparent early on that the persona of ‘Betty’ resonated with people and let them know that there were human beings who cared at our store. From the beginning, we installed a live chat on our website so customers can come to us in real-time with their inquiries. It has built fantastic and trusting relationships with our customers over the years.

This kind of community building is critical in such a niche industry. Unfortunately, pleasure product retailers are often grouped in with pornographic sites which makes traditional marketing difficult. We have created social media platforms on Twitter, Instagram, and Facebook that focus on sexual education and wellness. Our Youtube channel has over 20k subscribers as well.

We also have a thriving affiliate program and work regularly with experts in the field of wellness and education for blog guest posts. SEO and great content marketing have helped us build in this tough advertising environment.

I would also credit great platforms like Shopify for making it easy for people like us to build a great business. Their support and plugins have allowed us to build a beautiful and functional website that is as easy to navigate as it is to maintain.

Carolyn Eagle, on starting Betty's Toy Box ($125,000/month) full story ➜

Diversify Your Product Line

Adding new products to your business is a great way to expand into new markets and grow your business.

It's important to note that adding new products and diversifying may not be in the cards for you right this moment, and that's okay. You can always consider it down the road.

Here are some reasons you may want to considering adding/diversifying your product

Meeting the needs of your customers
Establish yourself as a top provider in your industry and stay ahead of the game with competition
Resistance to downturns/trends fading
Create new revenue streams

Resources

We put together the best resources on the internet to help you start your adult toys business.

Tools

Social media tools such as Instagram, Twitter, YouTube or Pinterest
Design tools such as Canva or Inkscape
Analytics tools such as Google Analytics
Payments tools such as Paypal, Venmo or Ko-fi
Blog tools such as WordPress
Affiliate tools such as Refersion, ShareASale, GoAffPro, HasOffers or PepperJam
Stock images tools such as Unsplash
Seo tools such as Ahrefs, Yoast or Rankmath
Web hosting tools such as GoDaddy

Books

Web Resources

Videos

Case Studies

meet the author

Pat Walls

I'm Pat Walls and I created Starter Story - a website dedicated to helping people start businesses. We interview entrepreneurs from around the world about how they started and grew their businesses.

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