Want to earn a good amount of money? Then this news is for you. If you’re out of work or looking to start a side hustle while still employed, we’ve got a business idea that can help you achieve your entrepreneurial goals without breaking the bank. The best part? You can kick this off right in your neighborhood. Plus, it doesn’t require a hefty investment. Let’s dive into this lucrative business opportunity…
Low-cost, high-reward venture
We’re talking about the mobile accessories market! This is a business you can run from the streets, parks, or any busy spot. With the rise of smartphones, the demand for mobile accessories has skyrocketed, especially for items like screen protectors and phone cases.
The great thing about this business is that it operates year-round and sees a significant boost during festive seasons. You can either set up a small shop or sell your products from a street corner.
There’s a wide range of mobile accessories in demand, including chargers, earphones, phone stands, speakers, and cases. You can easily source these items at wholesale prices from larger cities and sell them locally. If you’re in Delhi or nearby, check out Gaffar Market, which is a hotspot for mobile accessories.
Profitable margins
In the mobile accessories business, you can easily make 2-3 times your investment. For instance, a product that costs you 15-20 rupees can be sold for up to 50 rupees. You can start this venture with just 5,000 to 10,000 rupees, and as your profits grow, you can reinvest more into the business.