This is a very good small business idea which starts small initially but due to high profit margin, you can build a big business in less time. Online demand for this product is much higher than offline demand. You can easily sell this product not only in India but also in other countries. Today we are talking about one such business idea which very few people are working on.
This is our business idea
Before developing any kind of mindset, please read this article till the end and try to understand the basics of business. The business we are talking about today is the business of making luxury bath soaps. You can start a luxury bath soap business with very little capital. The best thing about it is that you can get it for ten times its price.
Now you might be thinking that there is a lot of competition in the soap market. Yes, you are thinking right, there is a lot of competition in soap making. But LUXURY BATH SOAP is a category where competition is very low. So far, DOVE is the only company among the big brands to manufacture LUXURY BATH SOAP. And now most of the companies you are considering make TOILET SOAP, which has more competition.
Check out how to make luxury bath soap, you'll find thousands of tutorials on YouTube, but here we're telling you about the business side. There is no technical problem in this. In India, soap quality is measured by TFM by Bureau of Indian Standards (BIS). TFM is divided into three categories. Grade-1: Soap with a quality of 76% or more is high quality. Grade-2: Soap whose quality is more than 70% is of good quality. Grade-3: A soap whose quality is 60% or more comes as medium grade.
If you are making a luxury bath soap, keep these points in mind:-
1.Choose the color of the soap specifically to attract people.
2.You can make different colored soaps for different festivals and seasons.
3.Make special colored soaps for special festivals.
4. Make soaps of colors like gold and silver for wedding.
5.The scent of the soap is important. Take special care of this.
6.The soap making material should be such that it retains the moisture of the skin.
7.The most important thing is that the packaging of the soap should be strong.
There are really few people working in this shop business in our country, but now all the people doing this business are making huge profit. That is why we are saying that this business can be an excellent option for you. You can find yourself on Google. Soap manufactured here for Rs 150 is sold for more than Rs 1000.
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