Today, more and more people are taking interest in business. For many, business has become their only form of income. Prices are soaring, and household expenses are increasing. It is then becoming difficult to cover everything on a salary alone, which is why people are starting to earn extra income on top of their jobs via business.
If you want to earn extra money, it is not possible through only a job. However, if you develop a plan and remain determined, there can be opportunities available where you can achieve exemplary success in a business venture. Once you have established a new business plan, it is likely you can retain vested benefits for generations.
In this report today, we will talk about a business opportunity that has much potential for profitability to multiply your potential return to support your time, by investing a minimal amount of money.
There are people making money of ₹50,000 to ₹1 lakh every month from a tiny incense stick business. This is a business you can start cheaply with a big profit.
How to Start This Business
You can buy an agarbatti (incense stick) packet from the market for ₹35-₹40 and sell it either in retail or online for ₹120-₹150. Hence, you can take out an average profit of ₹80-₹100 every packet, Thus, if you sell about 20 packets every day, you will take out ₹60,000 easily in a month. That’s why this small business opportunity is regarded as a big business opportunity.
To run this business, you do not need heavy machines or large investment. You only need bamboo sticks, fragrance powder, empty packets, and basic packaging materials. This is available in local markets or online.
If you do not want to make the incense sticks yourself, you can buy them from wholesale markets, pack them to your brand and sell them. You will find many small traders are covering reliable income.
Where and How to Sell
Incense sticks have a consistent market for pujas, festivals, and everyday use. You can sell your brand in local shops around temples, kirana stores, stationery shops, and online on platforms such as Meesho, Amazon, and Flipkart.
Appealing packaging and branding will help you scale your business quickly. You can also create a logo and tagline to differentiate your brand in the market.
Profit Calculation
Cost per packet: ₹40 (incense) + ₹10 (packaging & fragrance) = ₹50
Selling price: ₹150
Profit per packet: ₹100
If you sell twenty packets a day, you will earn ₹2,000 a day, or ₹60,000/month. Many of these small entrepreneurs are building their own “fragrance business” brands with revenues in the lakhs.