Editor’s Note
This article highlights a seasonal business opportunity with the potential for high returns on minimal investment. While the Rakhi market offers a short but lucrative window, readers should conduct thorough market research and financial planning before committing to any venture.
New Delhi. Seasonal businesses are indeed for a limited time, but the returns they offer are substantial. You can earn significant profits through these small-scale, low-investment, high-profit businesses. Here, we are talking about the Rakhi business idea.
This market is indeed for a limited time, but it is equally large. Its demand is currently at a high level. You don’t need to put in excessive effort for this either. Moreover, due to the high demand right now, it will ensure you earn substantial profits.
How to Start Rakhi Business: The trend of handmade items is quite popular nowadays. You won’t need many materials to make handmade Rakhis either. You can create unique designs using threads and different types of beads. Furthermore, with the help of YouTube, you can learn to make Rakhis from home. However, doing this, you also won’t be able to produce a large quantity.
You can purchase these Rakhis in bulk from the wholesale markets in your city. Alternatively, you can sell a mix of some handmade and some purchased Rakhis. In wholesale markets, you can get these Rakhis at cheaper prices.
If we talk about earnings from this business, this business, as small as it is, ensures excellent earnings. The profit generated depends on how attractive the Rakhi’s design is. Also, the packaging along with the Rakhi should be attractive.
Currently, in the market, the price of a simple Rakhi ranges from 20 to 30 rupees. The more unique the design, the more this profit will increase. In these four days, you can sell simple Rakhis for 1500 rupees. Apart from this, you can earn good profits from different types of Rakhis.
