Today I want to discuss with you a wholesale business idea. If you want to wholesale, I want to discuss with you what products you can trade.
What is a wholesale business?
Wholesale is the wholesale process of buying goods from manufacturers and selling them to retailers. This business is very profitable.
Why wholesale? You can easily make a lot of money in a short time in wholesaling, and there are many more advantages to the wholesaling business.
1. Rice business
There is a huge demand for rice in Bangladesh. The reason is that rice is made from these rice grains.
You can buy rice and sell it as a wholesale business idea. For this you can go to different village markets to buy rice and sell it to different big companies.
There is a lot of profit in this business. Now, many villagers have started this business which brings in a lot of profit.
2. Wholesale of rice
There is a huge demand for rice in our country. Because we cannot eat anything but rice.
So you can exchange the rice. For this, you have many farmers from whom you can buy paddy.
You can then break it down, turn it into the rice and sell it to various shop owners. You can also sell if you want. You can earn a lot by starting this business.
3. Wholesale of vegetables
A vegetable wholesale business is a very profitable wholesale business idea. You can often see on TV and in newspapers that the prices of vegetables in the markets of Dhaka or other cities are almost double that of vegetables bought from farmers.
Sometimes it will be 3 or 4 times. This means that if you buy vegetables from farmers at Tk 10 per kg, they can be sold at Tk 20 if you go to the city market.
But if you buy directly from the farmer, your costs will be much lower. But if you buy your vegetables from other wholesalers, your cost will be much higher, and shipping cost will be much less.
The wholesale markets for vegetables and fruits in Dhaka are Karwan Bazar and Shyam Bazar in different parts of the country, including Bogra in North Bengal, but there are actually wholesale markets for vegetables as well. You need a minimum capital of Rs 5 lakh to start this business.
4. Finnish wholesale business
If you want to do this wholesale business, you can do it, but your investment will be very high. But if your business starts well right away, you will earn a lot from this business.
You can contact the manufacturer for wholesale prices. If you give this bag to a store in any area, you better calculate the profit you will make. The quality of the bag must be checked; only then it can continue to be sold on the market.
5. T-shirt wholesale business
It can be started with relatively small capital. Our neighboring country Bangladesh has many t-shirt factories producing world-class t-shirts at low cost.
With the right license, you can sell them locally after bringing the t-shirts from there at wholesale prices. If you can work properly, you can earn a decent income from this business.
6. See wholesale
If you want to get into wholesale, you can do it in two ways: branded watch wholesale and unbranded watch wholesale.
If you want to make designer luxury watches, you need a business, but it actually requires a lot of capital. You need a registered company and a well-written business plan to sign a contract with an expensive brand watch manufacturer.
You can prepare and contact these companies directly or build relationships with them. Then you can contact different watch shops and negotiate with the watch shops before ordering the watch.
Running an unbranded watch wholesale business requires a small amount of capital, but in this case, you need to have some understanding of the watch wholesale market. If you buy a watch from a manufacturing company, you will earn more; you need to understand which watch sells well or which watch has the potential to create a market.
7. Mustard shop
In Bangladesh, the demand for mustard rice is relatively high. This mustard can be used in several ways, starting with eating it.
Therefore, it is in high demand. You can easily buy mustard from various farmers or hat markets.
Then you can go to big companies and sell them wholesale, or if you want, you can split the mustard and sell the oil retail or wholesale. But this business has many advantages.
8. Corn business
Corn business is also a very profitable business. If you want, you can buy corn on the market and sell it wholesale to different companies. But there is a huge demand for corn in my country.
The reason is that many things are made from this corn. So it is very demanding. You can start this wholesale business if you want.
9. Sales of cosmetics
All products containing cosmetics are in high demand. Because today’s girls prefer cosmetics. There is a lot of profit in this business.
But if you want, you can start this business as a wholesaler. In other words, you can buy cosmetics from large companies and sell them wholesale to different villages or retailers.
10. Shirt pants business
But there is much more to this business. There are millions of people who have been successful in this business. The reason is that everyone actually needs shirts and pants.
From this, you can see that the demand is very high. So if you want, you can start wholesale shirts and pants.
That is, you have to buy shirts and pants from different companies, and then you have to sell them to different retailers out there.
If you want, you can make your own and then sell it to someone who does retail.
Our last words
So today, in this article, we are discussing with you 10 wholesale business ideas. Hopefully, these 10 ideas will help you create any business you like.