- Big demand for designer Rakhi!
- Do business with an investment of 'so much' Rs
- What kind of rakhi can you make?
Designer Rakhi Business Idea : India is a country full of diversity. People of different castes and religions live here in Gunya Govinda. Festivals are as varied as the variety. These festivals are celebrated with great enthusiasm. Markets also open and flourish due to these various festivals. If you are thinking of starting a small business at low cost, the festival of Rakshabandhan is coming. Rakhi craze is going to increase in the market. Designing and selling different unique rakhis can be a great option. The specialty of this business is that it can be started from home and family members can also contribute. So let's understand in detail what exactly will be required to start this business and how much capital will be required. (Designer Rakhi Business Idea)
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During Raksha Bandhan, the demand for rakhis is also increasing rapidly. Designer, cartoon and children's rakhis are especially popular. However, this business does not require large machinery or a shop. So, you can start this business with very low cost.
How to start Rakhi business with ₹10,000?
Rakhi requires silk thread, pearls, beads, pebbles, kundan, ribbon, glue and packaging materials. The raw material can be purchased for approximately ₹5,000-₹6,000. Scissors, glue guns, needles, thread and other small items can cost approximately ₹1,000-₹2,000. The remaining amount can be used for packaging, transportation and other small expenses. But initially Rakshas can be made manually at home without a machine. In this, if your thoughts use a bit of creativity, different and beautiful designs come into the market, they can attract target customers. So your trend will be different.
What types of rakhis can you make?
If you make different designs of rakhis instead of just plain thread rakhis, you can attract more customers.
- Rakhi of cartoon characters for kids.
- Rakshas containing the image or symbol of God.
- Designer rakhis embellished with beads and stones.
- Rakshas of music and lights.
- Bracelet-style and premium rakhis.
- Customized rakhis with your brother's name or choice.
Where can you sell rakhi?
- You can sell rakhis at wholesale rates to local shops and boutiques.
- You can sell directly to customers by setting up a small stall outside your home or in the market.
- You can order through your network of family and friends.
- You can take orders through social media.
- You can also try selling products on online platforms.
How much can you earn”text-align: justify;” class=”bullet-text”>If you spend around ₹10 to make one rakhi and sell it for ₹30, you can make a total profit of ₹20 per rakhi. Likewise, more expensive designs of rakhis can cost even more. However, the profitability of this business will depend on the design, quality, cost and selling price of the rakhi.
Before starting a business, keep these things in mind:
Start small and understand the market demand.
Try to reduce costs by purchasing raw materials in bulk.
Make the design and packaging attractive.
Instead of making a single type of rakhi, make different types of rakhis.
Calculate all the costs before selling and then decide the price.
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