Updated on: Oct 21st, 2022
5 min read
Trading means buying and selling goods, products or services for money. A trading business means purchasing goods from various manufacturers or wholesalers and selling them to retailers or customers. A trading business can be started as a small business, but it offers entrepreneurs the opportunity to make profits. The success of the business depends upon one’s skills. The top five low-investment trading business ideas in India are listed below.
Furniture trading is a profitable business in India. The furniture market is expected to grow at a CAGR of 11.62% during 2018-2022 in India. To start a furniture trading business, you must have an office space or shop and some furniture. You can buy new or used furniture from wholesalers or manufacturers. When you sell furniture to your customers, it is essential to provide them with good customer service. It includes delivering the furniture on time and providing a guarantee or warranty on the products. You can run a successful furniture trading business in India with hard work and dedication.
FMCG products are products which have a short shelf life and sell fast. They can be bottled drinks, cookies, ready-to-eat meals, cheese products, baking soda, detergents, etc. FMCG business ranks fourth amongst the contributors to the Indian economy. You can become a distributor of FMCG brands. You can stock the products of a brand and supply them in bulk to retail or Kirana stores. You need to decide on the type of product you want to stock. Try to choose products that are essential for daily life. It is an exciting and profitable business venture. Ensure that your business plan includes the management strategies, target customers and logistics.
Jewellery always has demand and never goes out of style. It can be gold, diamond or even artificial jewellery. You can start a jewellery business at home as it requires less space. You can buy jewellery at wholesale rates and sell it to retailers. However, look for the best wholesalers or manufacturers in the market and verify the quality of the jewellery. Jewellery is expensive; thus, you need to make a huge investment to buy the stock. You need to call the jewellery retail store owners to market your jewellery and inform them about the products. Artificial jewellery trading has an extensive demand. You can buy artificial jewellery from the manufacturers and sell them at malls and stores or put up your store for retail. The revenue margin is also high in jewellery trading business ideas.
In the garment trading business, you must choose one variety of garments to start your business. You need to focus on a niche like ethnic wear, formal wear, party wear, etc. It is also essential that you know about the fashion trends of the niche you choose. You will need to find a good supplier. You require a capital and marketing office with a warehouse to stock products in a wholesale cloth market. The major garment markets in India are Surat, Kolkata, Delhi and Mumbai. The fastest-growing segment is kidswear.
The grocery wholesale business has a high stock turnover with low margins. In this business, you can buy food items from manufacturers in bulk and sell them to retailers. You can also sell them in bulk to restaurants and hotels at wholesale prices. You require a warehouse to store food products in large bags. However, if you deal in perishable items like milk, fruits or cheese, you must invest in coolers or freezers. You can even offer delivery facilities to the grocery stores that order a minimum amount.
Each of the trading business ideas has the potential to be profitable, however, do your research and plan carefully before starting a business since they also come with a certain amount of risk. Thus, research your competitors, market and demand before starting any business. The money required to start a trading business in India depends on the business type you want to start.
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