Starting Up Your Home-Based Adult Novelty Business

Aug 30, 2017

The adult toys market has grown into an unstoppable $15B industry and is projected to surpass $50 billion by 2020.

Adult Merchant Account Services

As one of the adult novelty business owners says, the difference between the pleasure products industry in 1976 and the pleasure products industry today is night and day. Today, adult toys are a $15 billion industry. There are hundreds of manufacturers and distributors, and thousands of retailers all over the world. The industry success is expected to continue to grow in the years and decades to come.

If you’re starting up a home-based adult novelty business and interested in the best adult merchant services, consider turning to a reputable payment processor like EMB. Emerchantbroker.com is a reliable and an experienced processor and business funding provider that specializes in the high risk sector and boasts an A+ rating with the BBB. EMB is voted the #1 high risk processor in the US and is rated A by Card Payment Options. Moreover, EMB is named one of Inc. 500’s Fastest Growing Companies of 2016.

eMerchantbroker.com can get you a secure and low-cost merchant account for adult business so that you can grow your online business and increase revenue.

Home-Based Adult Novelty Business

Adult businesses are quite lucrative, and there are lots of people who want to start up a home-based adult novelty business. If you’re one of these people, the below-mentioned steps can help you start your home-based adult novelty business without difficulty:

  1. Research companies involved in the manufacturing of adult novelty products to know what’s available on the market and figure out what to offer to customers.
  1. Try becoming a home-based distributor for companies you’ve researched. Find out all the details concerning the offered products and contract. See whether these companies require a minimum purchase.
  1. Learn about the laws concerning home-based businesses so to obtain a license and registration for your home-based business. Check the obscenity laws in your area so to be sure there is nothing illegal about selling adult products where you live.
  2. Purchase a minimum amount of adult novelties. Don’t fail to check your shipment for accuracy. Start an inventory log on paper or electronically.
  1. Organize an adult novelty party at your home to display the products and give descriptions of them.
  1. Sell your adult novelty items on your web page by listing these items, their pictures, descriptions, and cost. Choose an online payment service for accepting credit/debit card payments. Advertise your web page through search engines. Ask visitors to provide their email addresses so to offer them updates.
  1. Start a blog by reviewing your products, and representing the feature and trends in the adult novelty market.

If you’re trying to start your home-based adult novelty business, you should take the right steps to succeed. Remember that applying to a trustworthy high risk merchant services provider is crucial to your business.

 

Let us help you get a high risk merchant account today!

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Having a merchant account allows an account holder to take advantage of merchant cash advances. When a merchant is approved for an advance, the business agrees to receive a lump sum of cash in exchange for an agreed-upon percentage of future credit card sales.

Pricing varies depending the merchant’s industry, past credit card processing history, the type of business seeking the account, average ticket sales, and average transaction volumes.

Yes, EMB works with merchants who are building their credit, as well as those who have poor credit. EMB also approves merchants that have no credit card processing history and businesses that have lost their merchant accounts due to high chargebacks.

Several factors influence a merchant’s risk level. Though only one factor likely will not get a merchant classified as high risk, a combination of these may: business size, location, and industry, credit score, credit card processing history, a industry’s reputation for excessive chargebacks, a prior history of high chargeback ratios, and whether a merchant exclusively sells online.

Virtual terminals are stationed on a merchant’s website, making it easy for customers to make a payment or purchase online. Merchants or a payment processor can easily set up virtual terminals, so online businesses can accept credit and debit card and e-check transactions.

A merchant account is a business account with an acquiring bank. Without this business account, which actually works more like a line of credit, a merchant cannot accept and process credit and debit card transactions. Businesses need a merchant account to accept major credit cards via a static point-of-sale terminal, mobile card reader, or through a virtual payment gateway.

After filling out EMB’s simple online application and submitting any necessary, requested documents, many merchants get approved within 24 and 48 hours.

EMB specializes in working with high-risk merchants. EMB works with many merchants, including but not limited to businesses in these industries: gambling and gaming, adult entertainment, nutraceuticals, vaping and e-cigarettes, electronics, tech support, travel, high-end furniture, weight loss programs, calling cards, e-books and software, and telecommunications.

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