The Profitability of Producing Stamps

Tom Jackson has over 40 years of experience in the rubber stamp/marking device industry. He works as general manager of Jackson Marking Products in Mount Vernon, Illinois.

The profit margin provided by sales of hand stamps or self-inking stamps should cause any awards and engraving retailer to consider the addition of the product. Regardless of the method used to make the stamp, the material cost of a hand stamp is seldom more than $1. The retail price for a three-line name and address stamp ranges from $8 to $12 depending on the local market. Self-inking stamps cost $5 to $7 in materials and retail from $16 to $25. Offering wholesale stamp services with a 35 or 40% discount to area printers and office supply dealers can quickly increase the volume of stamps sold. While the margin per stamp sold is smaller, overall profitability will be higher.

—Tom Jackson, Jackson Marking Products 

Discover more benefits of selling stamps in an awards shop.