- Great earning opportunity in Diwali!
- Start this business with just 10 thousand rupees
- There is a huge demand in the market
Low Investment Diwali Business : The festival of Diwali brings joy everywhere. There are colorful decorations everywhere and a bright atmosphere everywhere. The demand for decorative items also increases in the market during festivals. This period brings a great opportunity for those who are thinking of starting a business. You can start a business during Diwali with less investment. (Low Investment Diwali Business)
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If you too are thinking of starting a business with low investment then candle making business can be a great option. The main thing is that you can start this business from home. Initially this business can be started with an investment of 10000 to 15000. But your earnings also depend on how many items you sell and how much it costs to make them.
Huge demand for candles during Diwali
Diwali is the festival of light. So people buy different types of candles to decorate their homes, shops and offices. Many types of colorful, designer and scented candles are popular in the market. But the demand for these candles is not limited to Diwali only. They are used for different celebrations. Be it birthday parties, weddings or religious ceremonies, these candles are also used for gift giving.
Small businesses can also sell their candles in local markets during the festive season. If the product design and packaging is good, they can also be made as gifts.
Start such a business in 10000?
There is no need for expensive machines in the beginning for this business. On a small scale, candles can be made by hand using molds.
To get started, you'll need the following:
Wax: Raw material used to make candles.
Wicks and Thread: Wicks used in candles.
Moulds: For making candles of various shapes and designs.
Color and Scent: For making decorative and scented candles.
Packaging: To sell the finished product safely and attractively
How to do marketing?
Keep buying goods from local market or online. Initially, it is always better to produce a limited number of designs in small quantities to get an idea of the market's consumer preferences. One of the most important tasks after starting a business is reaching out to customers. For this, you can sell to local shops, wholesalers or through social media. Additionally, you can create a collection of scented, colored and decorative candles along with regular candles. Their prices can be decided based on the design, size, brochure and packaging.
How much profit?
There is no fixed figure for candle business income. To calculate the profit, you have to take into account raw material, packaging, weight, transportation, sales and overhead costs of production. For example, if the total cost of producing and selling one batch is ₹ 5,000 and the third batch is sold for ₹ 8,000, then after deducting the costs you will be left with ₹ 3,000. This means you will get a profit of ₹ 3,000. Using a different marketing strategy to sell during monsoons can increase sales. It can also increase your earnings.
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