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Rishabh Neogi
•

WeVerve Systems • 11m

Hey everyone, Excited to join this awesome community! Quick question: What's driving China's stronghold in plush toy/soft toy market, and what's the profit margin for soft toys here in India. Looking forward to your insights! #Newbie #ToyMarket

7 replies17 likes

Replies (7)

Anonymous 1

Hey I am on Medial • 11m

It’s more than 80% is what I believe, roughly.

1 replies1 like

arun kumar

Hey I am on Medial • 11m

The average profit margin 30-45%

1 replies1 like

Phanirockzzz

If nothing goes righ... • 11m

Hello welcome to medial. I would say people in china buy toys as regularity which is a more like a needs for children. Where in india they don't care until the child cry to death. Also india does not have a perfect budget toys at all. All are either tagged as premium and their profit margin is nearly 50 to 70. Even I have seen some startups in shark tank. They are making huge after all.

0 replies1 like