Blank fridge magnets are used in the craft and promotional industries to make the completed fridge magnets with. The blank fridge magnet is stuck behind the item that is going on the fridge, whether it’s a trinket, emergency number or “save the date” magnet. You will basically be selling the magnetic component of the fridge magnet.
You will be buying the magnet in sheet form and cutting it down to the required size to resell. These magnets are usually sold in wholesale packs when resold.
The sheets are sold in sheets of 610x457mm and are 0.5mm thick and costs R36.77 per sheet.
The most popular sizes to sell is the following:
A4 size (210x297mm) so people can cut it down themselves. You will get 4x A4 sheets out of a 610x457mm sheet and you can easily sell a pack of 4 for R100. That works out to a profit of R62.23 for each 610x457mm sheet you buy. This is the quickest size to make but the least profit.
The next two sizes I advise is 25mm circles, which is used to stick matchbox art and related stuff to the fridge (how to use a hollow punch to make circles) and 20x40mm rectangles used for calendars and related stuff.
You can use a hollow punch to make 25mm circular magnets and a guillotine to make 20x40mm rectangular magnets.
You will get over 300 strips from the 610x457mm page which you cal sell for R150 (50c each). You will get roughly the same amount of 25mm circles as well. At a profit of R113.23 for every 610x457mm sheet you buy. This will however take more time to make than the 4x A4 sheets.
The smaller the size you sell, the more time and effort is involved but the more profit you make.
Please note these magnetic sheet does not have a self adhesive back, so people will have to use spray adhesive, craft glue, thin double-sided tape or even Pritt to stick the item to the magnet. So point this out to them and let them know how to glue the magnet to the item.
|Type||Manufacturing, Fridge Magnets|
DIY doming stickers
|Guide||How to Make Domed Fridge Magnets|
|Supplier||Falcon Signage Supplies (magnetic sheet)|
|Setup cost||R500 will be enough to get you started out on stock.|
|Sector||Arts & Crafts|