If you are looking for some business ideas to earn a high profit, you can try different trading businesses based on your interest and preferences.
Trading business doesn’t require much prerequisite skill set. You can start a trading business as an absolute beginner. Besides this, it will also help you learn how to deal with suppliers, customers, and much more.
So in this post, we will share some of the best trading business ideas you can start with low investment.
Let’s get started.
The trading business model works on purchasing bulk products from manufacturers or wholesalers and selling them to consumers or retailers at the market price to make profits.
The demand for automobiles is increasing day by day as people want to upgrade their lifestyles. Simultaneously, the need for mounts, engines, tires, tubes, gears and spare parts is also increasing as people always look to improve their automobile performance.
So if you have an interest in automobiles, you can start an automobile accessory trading business to earn a lot of profit from this growing industry.
FMCG stands for fast-moving consumer goods that include daily household items such as cosmetics, beverages, prepared meals, packaged food, etc. Indian FMCG market is expected to increase at a CAGR of 14.9% to reach $220 billion by 2025
FMCG traders store their goods and supply them in bulk to retail stores or Kirana stores. It will be great to sell essential items to fulfill people’s needs.
While creating your business plan, make sure you include management and logistics strategies to target your customers effectively to make more profit.
Dropshipping is a selling technique that allows you to sell physical products to the customer online without keeping stock on hand. You can generate an automated message for manufacturers to deliver the product directly to customers whenever they order any product from your website or online store.
Dropshipping will be a great business idea, to begin with. To start a dropshipping business, you need to do market research and find high-demand products. After that, create an online store and start targeting your audience to sell products.
Garment trading is an easy-to-start business. You need to find a reliable wholesaler who can provide fashionable and trendy clothes that sell well according to the season.
This business requires capital, marketing, labor, and storage. You can choose a niche like kids, infant wear, business suits, men’s ethnic outfits, women’s wedding, trousers, etc. Due to the highly competitive market, you must design a top-notch marketing strategy to acquire new customers for your clothing business.
The stock exchange is also an easy business idea you can start anywhere. You can invest money in intraday or long-term trading based on your expertise and knowledge of the market. You need a Demat account and a stock broker app to start stock marketing.
A complete understanding of the stock market and the ability to make good investment decisions will allow you to gain high profits in the long term with low risk.
Students require books all around the year for different subjects and semesters. So there is a high customer base to target.
Students, working professionals, entrepreneurs, and parents are always looking for books to improve their knowledge and wisdom. Because of this high demand, even in this digital world, you can easily make a profit by buying books from publishers and selling them to stationery shops near schools and colleges.
Hardware and sanitary are one of the best trading ideas. It requires high investment but has a high-profit margin. Everyone needs hardware and sanitary items for numerous construction projects, repairing, flooring, whitewash, plumbing, etc. A wide variety of these products will allow you to capture most of the customers around your locality.
Grocery trading is an evergreen business idea. You can act as a distributor / middle man, buying grocery items from a manufacturer, stocking them at a warehouse, and then selling them directly to other grocery retailers, hotels, restaurants, etc. The grocery trading business idea involves lower risk and high-profit margins
Due to the increase in health-conscious people worldwide, the demand for green tea is growing at 17% per year. If you are looking for a high-profit market with lots of growth potential, you can go with green tea trading.
Mobiles are the most common electronic device. Everyone has one in their pocket to communicate with their peers. Everyone needs mobile covers and tempered glasses to protect their phones from accidental damage. Moreover, the most widely used products are earphones, earpods, headphones, power banks, selfie sticks, USB, Data, and OTG cables. So there is a huge scope for making a high profit in mobile accessories trading.
Global warming is increasing daily because of the increased use of natural resources for electricity generation. On the other hand, solar energy is a reliable, renewable, and clean source to generate electricity. Therefore, the requirement for solar products and equipment is increasing day by day. This business requires high investment as the solar products are costly, but you can easily make a handsome profit from the solar products trading business.
Carpets are the most common household item. Everyone likes to have designer carpets in their house, offices, halls, etc. India is a leading handmade carpet producer, capturing around 35% of the global market. You can buy them from Agra, Banaras, and Jaipur, known for high-quality carpet manufacturing cities in India.
To start a carpet trading business, you must have an export license; you can easily apply for the Import Export Code (IEC) certificate to become a member of the carpet export promotion council (CEPC).
India is also known as a land of spices because of the wide range of spices availability. Indian spices market size reached 142,569.3 Crores Rs in 2021 with a projected CAGR of 11.15% during 2022-2027. So trading Indian spices such as cumin, black pepper, garam masala, turmeric, coriander, chili, etc., will let you earn a high profit at a low investment cost.
Starting a successful trading business requires initial investments, time, money, and effort. We have disclosed some popular trading business ideas that can help you earn a high profit. Hope this post helps you find the best business ideas for yourself. If you have any suggestions, you can comment down below.
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