How to Start a Toy Store: A Proper Guideline with WooCommerce

“The global toy manufacturing industry stats show growth of $13.2 billion over a decade’s time (2008–2018), and the global toy market size is expected to reach over $120 billion by 2023.”

That is the main discussion of our article today. We will show you how to start a toy store using WooCommerce.

Yes WooCommerce is the best eCommerce plugin in WordPress right now. With over 5 million active installations, it has all the features you need to start your toy shop. If you want, you can start your online store for free. 

So, lets’ get started, shall we?

How to Start a Toy Store Using WooCommerce

We are going to show you how to start your store with WooCommerce. So that if you want, you can create a different store for different items. 

Step 1: Install WooCommerce & Complete the Setup Wizard

Installing WooCommerce is as easy as installing any other WordPress plugin. Just go to WP-Admin→ Plugins→ Add New. There, type WooCommerce, install, and activate the plugin. 

As soon you activate the  WooCommerce plugin, it will start with a setup wizard that walks you through all the basics of setting up your store.

You need to answer questions about your location, industry, and products. It will help the system provide recommendations specific to your needs. 

If you want, you can install extensions that provide additional functionality for things like marketing and unique types of products. 

Step 2: Install a Theme

Next, you need to install a theme. The theme controls the design and layout of your site. However, if you already have a theme installed on your WordPress site and it is compatible, don’t skip this step. 

But if you’re starting from scratch, select a theme that best fits the needs of your store and brand. There are a lot of toy shop themes that will help you build your store nicely.

Step 3: Enable Shipping & Taxes

Then, you can enable WooCommerce Shipping and WooCommerce Tax. 

While these free extensions are optional, they give many incredible advantages that improve your life as a storekeeper. You will see that WooCommerce transporting offers limits on USPS and DHL delivering names and the capacity to print names straightforwardly from your dashboard.

The most exciting thing is that WooCommerce tax is calculated based on your location. So you don’t have to worry about it. 

Step 4: Add products

Go to Add Products→ Products. There, you can upload your products. There, you can add an attractive product title, a detailed description, and an analog with a photo with all the information about pricing, shipping, and more. 

Or, if you want, you can import your products directly from any CSV file. 

You’ll also need to set a product type. You will find a variety of product types, but the most common are simple and variable.  Like a book, simple products don’t have choices or decisions. Variable products have choices that clients can browse, similar to a shirt with various sizes and shadings.

Step 5: Set up Payments, Taxes

In the setup wizard, you already found the options to set up your payments. But you can do that from the dashboard as well. 

To do so, go to WooCommerce → Settings → Payments. You can enable cash payments, check payments, or direct bank transfers there, charge customers online, and set up a payment gateway.

“A payment gateway securely accepts your customers’ credit card information, validates it, and then transfers the money to your bank account. There are various options — common gateways include PayPal and Stripe.”

Set up tax

You will find the options to set up your taxes in the setup wizard. 

You can also go to WooCommerce → Settings → Tax. You can choose to enter costs for things with or without charge, select the area you should assemble obligation calculations concerning, and set your appraisal rates, notwithstanding different things.

However, we suggest you do some tax research and get professionals’ help to do it properly. 

Step 6: Personalize Your Store & Shipping

If you click Personalize My Store, you can immediately set up a landing page, transfer a logo, and set up a store notice, which will show across all pages on your site. You can definitely relax; you can generally change these later.

Set up shipping

From the setup wizard, you can confirm your storage area and set delivery costs for your country and the remainder of the world. This deals with essential delivery settings, however, for more explicit arrangements, navigate to WooCommerce → Settings → Shipping. You can set up shipping zones (areas where products are delivered) and options like free shipping there.

Finally, publish your store and enjoy the profits. This is how to start a toy store using WooCommerce. You can also edit your WooCommerce store page using Elementor.

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FAQ(s)

Are toy stores profitable?

Toy stores do make a profit and give customers value for their money. This line of business is constantly evolving. According to a study, the total revenue of the global toy market from the year 2007 to 2019 has been booming. In fact, toy companies have generated revenue of 6.6 billion US dollars annually. 

How do you become a toy retailer?

Start a toy store by following these steps:

1. Form your Toy Store into a Legal Entity.
2. Register your Toy Store for Taxes.
3. Open a Business Bank Account & Credit Card.
4. Set up Accounting for your Toy Store.
5. Get the Necessary Permits & Licenses for your Toy Store.
6. Get Toy Store Insurance.

Is WooCommerce storefront free?

Yes, it is a free theme. But if you want to use some incredible features to make your online store more beautiful then you may need to spend money.

What is the profit margin on toys?

The average profit margin is 23.3% to 25.9% per item. The manufacturer usually doubles the cost of a product to wholesale it to retail. If a product costs $5 to make, it is sold for $10 to the retailer who would sell it for $15-$20.

Is the toy business profitable in India?

The toy industry in India is very lucrative. It offers different opportunities for entrepreneurs. Furthermore, a toy makes education enjoyable for the children. In addition, growing numbers of playschools have added fuels to the industry.

Start Your Own Toy Store Now!

So, now you know how to start a toy store. We have given you all the details on how to start a store using WooCmmerce. All you have to do is upload your toys, set their prices, and start selling. 

Remember, be careful with the pricing. Otherwise, you will get behind your competitors.