How To Make Money Selling Tumblers in 2023 (Complete Guide)
If you’ve ever wondered how to make money selling tumblers, this article will tell you exactly how to get started. In this article, we’ll cover how to create a business plan, identify your target market, and create a website to promote your products.
You’ll also learn about how to design a marketing strategy that will keep you ahead of the competition. And, if you’re feeling really ambitious, we’ll even show you how to start a tumbler business for free!
What Is a Tumbler?
I get the question; what is a tumbler alot and I don’t blame people for asking because there is a grey area between tumblers, traveler mugs etc. A tumbler is a versatile piece of drinkware that is suitable for both hot and cold beverages. It’s a type of cup or glass that is often filled with cold drinks, but it’s also ideal for keeping hot drinks warm. Tumblers can be made from plastic, glass, or stainless steel, with the latter being the most popular option due to its durability and insulation properties.
Double-walled stainless steel tumblers are known for their ability to keep drinks at their desired temperature for longer, whether it be hot coffee or cold lemonade. The double-walled design works to insulate the beverage and prevent any heat or cold from escaping. The tumbler also comes with a lid and straw for easy sipping and to prevent spills, and is designed to be handle-less for added convenience.
Another advantage of tumblers is their wide opening, which makes it easy to add ice cubes to your drink or to clean the inside of the tumbler. The versatility and practicality of tumblers have made them a popular choice for people on-the-go, for outdoor activities like camping and hiking, and for daily use at home or the office.
I hope this answered your question, what is a tumbler?
But I also want to make it a little more complicated by talking about the difference between tumblers and travel mugs so keep on reading!
What Is The Difference Between a Tumbler vs. Travel Mug?
It can be tricky to tell the difference between a travel mug and tumbler, especially since the looks and usage are similar. But as a general rule, a big plastic cup with a straw is a tumbler and a metal mug with a flip press button lid lock is a travel mug.
If you want to go deeper there are also some smaller futures that separate the two.
- The handle, a travel mug may or may not have a handle, while a tumbler never will.
- The shape, most if not all travel mugs are made to fit into the car drink holder.
- The lid, a travel mug, has a lip press button lid lock.
- The insulation, most travel mugs are made to keep hot liquid and usually are made out of stainless steel and are better at keeping temperatures.
But don’t worry if you mix them up, it’s really hard to tell the difference and both the tumbler and travel mug are similar in usage so go with the ones you like the most.
Can You Make Money Selling Tumblers?
Yes! There is a lot of money to be made in this industry and if you can find a unique product and way to market you will certainly make money! The global Tumbler market size is estimated to be worth USD 2983.1 million in 2022 and the estimated market value by 2028 is 5549.5 million USD.
How Much Money Can You Make Selling Tumblers
Selling tumblers is not a new business idea and people have been doing it for ages. It is incredibly profitable if you do it right. A customized tumbler can sell for as much as $35-$40 and the cost to make one is only around $11-$15.
Here is a Tumbler that costs 4,75 each on Amazon that you can add stickers to or some custom paint to sell for $35-40 USD.
That means you can profit $20-$26 for every tumbler sold. That means if you sell only around 100 tumblers a month, you are looking at a profit of around $2000 to $2600.
The global Tumbler market is estimated to be worth $2983.1 million in 2022 and expected to reach $5549.5 million by 2028, which further emphasizes the potential for success in this industry. It’s important to note that, despite the profitability, competition is high and finding a unique product and way to market is crucial.
Let’s assume you want to sell 100 customized tumblers per month and the average cost to make one tumbler is $13 and you are selling each tumbler for $35.
Profit per tumbler = Selling Price – Cost Price = $35 – $13 = $22
Total profit from selling 100 tumblers per month = 100 x $22 = $2200
As you can see from this example, even selling a relatively small number of tumblers each month can result in a significant profit. It’s important to note that, competition is high and finding a unique product and way to market is crucial to be successful in this industry.
How To Make Money Selling Tumblers
So lets talk about how to make money selling tumblers and what you need to do to earn them sweet cash! There actually are a few things you have to keep in mind if you want to make money selling tumblers. You need a business plan, a target market, creating a website, marketing strategy, a unique product and a good price.
- You need to find and buy tumblers in bulk to get a low price.
- Glitter glue and brite tone to get a good finish on the product.
- Images for your designs.
So what are the best places to make money selling your tumblers?
There are several ways and places to make money selling tumblers, including:
- Online marketplaces – Selling tumblers on online platforms such as Amazon, Etsy, and Ebay can be a great way to reach a large audience because these marketplaces have a built-in customer base, and it’s easy to set up a shop and start selling.
- Social media Selling your tumblers using social media platforms such as Instagram, Facebook, and TikTok to promote your tumblers is a great way to reach a targeted audience and building a strong online presence and engaging with your followers can help drive sales.
- Wholesale – Selling tumblers in bulk to retailers such as gift shops, coffee shops, or other small businesses can be a profitable way to reach a wider audience and opens up the possiblity for you to sell large quantities of tumblers at once.
- Customization – Offering customization options such as custom designs or personalization can be a great way to increase the value of your tumblers and set your business apart from competitors.
- Pop-up shops and events – Setting up a booth at local events, fairs, or festivals, or renting a pop-up shop space can be a great way to reach a new audience and increase sales.
- Direct sales – Setting up a website and selling tumblers directly to customers through online orders can be a great way to make money and it allows you to control the pricing and branding of your products.
- Branding – Building a strong brand and creating a consistent image can help you stand out and increase customer loyalty.
Now with this info I bet that you have questions like “What do I need to get started making tumblers”, “How much does it cost to start making tumblers”, “How can I customize my own tumblers at home” or “Where can I get tumbler images?”
I am going to talk about all aspects that you need to think about before starting your own business if you keep reading.
How To Start a Tumbler Business
So your thoughts is all about how to make money selling tumblers right? You have to start with a plan, and not any plan you need to have a business plan containing your target, finding your niche, pricing your product, how to market yourself and have your goals set.
The first step to start a tumbler business is to brand your product. This will help set you apart from the competition and make a name for yourself. Next, you must set a price and a plan on how many units you are going to produce. The price you set for your products should be competitive enough to attract customers and first time buyers. You can also use social media to spread word-of-mouth marketing which is a free and great way to start out.. But remember that you must ensure that you’re selling tumblers at a profit.
The first step in getting into the tumbler business is to learn as much as possible about the product you are selling. Tumblers are very popular items these days because most people don’t want to use plastic anymore when it’s bad for the environment. That’s why this is a very thoughtful gift to give and receive. You should also know that the search volume for tumblers is typically high during big holidays, so take advantage of this fact when you are choosing a design to make the most out of the holidays.
Identifying target market
When you decide on which type of tumbler you want to sell, you need to identify your target market. Tervis.com offers great tumblers that have a broad market appeal, and you can target customers of all income levels. But to reach this market, you need to understand what your customers want, like their ethnicity, lifestyle, and cultural values. Once you have identified the target market and your customers, you can start developing a product and marketing mix that will fill your customers needs.
If you want to find out more about your target market by conducting market research. There are numerous online sources you can dive into, like articles written by your target market. You can also find forums and blogs that provide insights into how they started their business. You can also conduct different kinds of surveys or get feedback from current customers. The best way to determine your target market is to know what your product offers for the customer.
Creating a website
You should create a website! There are many benefits to creating a website to sell your tumblers, but this is actually one of the most important things you can do. With a website you can sell your tumblers without a middle man and you get all the profit yourself. It’s important that your site matches with your brand and your goals. There are also many ways to promote your business like posting on social media, promoting your products on your website or selling them on markets.
One of the first steps in building a successful custom tumbler business is to identify your target market. This is really important because a poorly targeted market can cost you a lot of time and money. To choose the right target market, you need to consider a few things like attractiveness, size, costs, stability, and relative ability. The former two factors relate to how likely you are to succeed with your business. The later two factors are a key component of market segmentation.
Once you have identified your market, it is time to focus on your product’s features and looks. You can for example customize your tumblers to be a fashion accessoar, or a smart product for home offices. Since tumblers are expensive, it is essential to keep costs to a minimum so you can generate substantial profits over time. For instance the raw materials for tumblers are kinda expensive. By using cheaper materials, you can sell tumblers at lower prices or with a high price but low making cost.
When you are looking to price your tumblers you first need to find the product you want to buy.
There actually are a few different places where you can look for tumblers and bulk tumblers.
You should look into buying tumblers in bulk orders to make the costs lower and the profit higher.
Pricing tumblers to make money selling requires knowledge of your target market and the reasons people buy them. Using Google Trends to understand what people are looking for and ongoing trends is essential. During big holidays, the search volume for tumblers will increase. So knowing your target customer base and their buying needs is essential for succeeding. A good niche market for tumblers could be worth billions of dollars so do your research.
How Much Does It Cost To Start a Tumbler Business
Starting a tumbler business will cost some money so don’t let anyone fool you it is free. The basic level tumbler business startup cost around $800 to $1200. But you also need supplies like images, glitters, vinyl, glue, and care instructions for your tumbler. For marketing you can calculate to spend around $300-500. But if you want to go really cheap in the beginning you can buy stuff as you go. If you don’t mind a little hard work, the tumbler business is one of the best businesses to start and grow.
What Do I Need To Get Started Making Tumblers
So whatt equipment do you need when making your first tumblers, there are actually quite a few and if you want to make custom-made ones you need to have a few of these things, and selling custom made tumblers is the best way to get sales and learning how to make money selling tumblers.
- First you need tumblers, try to focus on tumblers made of stainless steel. You could use glass as well, but I highly recommend stainless steel because it is more durable and lasts longer.
- You need glitter glue and brite tone. The glitter glue is used to apply and seal your glitter, followed up with several coats of brite tone to achieve that shiny, long lasting finish.
- Don’t forget that you need glitter in high quality. You want good quality so it shines brightly and does not dull or bleed.
- You definitely need a waterslide and tattoo paper. Why? The thing with waterslide and tattoo paper so that they can be printed directly from your computer onto a special sheet of paper! But you also need a good printer if you are going to print your own images!
- Vinyl is the most used material for customized tumblers. Did you know that most tumbler business owners actually run just a vinyl tumbler business? This is ideal because you can save money on the production cost of images. And you could expand your business making vinyl for other niches.
- You need paintbrushes, popsicle sticks, mixing cups and more.
Best Place To Buy Tumblers in Bulk
- Makerflo Crafts.
- The Stainless Depot.
- Dancing Bear Tumblers, LLC.
- RTIC Brand Tumblers.
Where Can I Get Tumblers Images
You can get images from any of the thousands of image sites online.Here are my recommendations.
Where To Sell Tumblers
Depending on the way you are going to market your business there are a few places you want to consider like Amazon, facebook marketplace or your own homepage. But remember that no market is better than the other, you have to find what works for you and stick to it. Getting your brand out there and getting sales takes time so don’t give up.
Best Place To Sell Tumblers
- Your Homepage
- Facebook Marketplace
Pros And Cons Selling Tumblers
Pros of selling tumblers:
- High profit margin: As mentioned in the previous calculation, the profit margin on tumblers can be quite high.
- Low startup costs: The costs associated with starting a tumbler business are relatively low compared to other businesses, making it an attractive option for entrepreneurs.
- Customizable product: Tumblers can be customized to meet the specific needs and tastes of different customers, which can help to increase sales.
- Growing market: The global tumbler market is expected to grow in the coming years, which presents an opportunity for businesses to capitalize on this trend.
- Easy to ship: Tumblers are lightweight and easy to ship, which makes it convenient for business owners to sell them online.
Cons of selling tumblers:
- High competition: As the tumbler market is growing, competition is also increasing, which makes it harder to stand out and attract customers.
- Seasonal fluctuations: The sales of tumblers may fluctuate depending on the season, which can make it difficult to predict and plan for sales.
- Dependence on external factors: Tumbler business heavily depends on external factors like material price, shipping, taxes and market trends
- Quality control: Ensuring the quality of the tumblers is important to maintain customer satisfaction, and to do so, you need to have a good supply chain management and quality control process.
- Limited target audience: Tumblers may only appeal to a specific audience, which can limit the potential customer base for the business.
What Is The Average Cost To Make a Tumbler?
Between $12-18, but it can be more expensive if you don’t do anything yourself.
Is a Tumbler Business Worth It?
Yes, but with everything in life you have to be dedicated and motivated. A tumbler business isn’t the only way to make money so it has to be for you.
How Much Do People Make Making Tumblers?
I have seen people make around $1000 a week.
How to make resin tumblers
There are quite a few steps, check this youtube video out.
How much to charge for epoxy tumblers
A minimum of $25 for your epoxy tumbler.
I hope this answered your question on how to make money selling tumblers. There is no easy way to earn money and side hustles like this are not something you can simply start and make money. There are so many people today that are trying to make money so if you want to do it you have to put in the work and do more than most of the other people trying to make money.
But if you are ready to put in the work, anyone can succeed, good luck!
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