Hey I am on Medial • 11m
Every business is profitable if managed properly. And when it comes to smaller industries (as you mentioned) We must consider the fact that most of the population in India is lower income group, so such businesses have a very vast market to play. But keep in mind who are your competitors because here the game is all about bulk and not about margins. (You might even get as low margin as 0.5% sometimes).
I like software and ... • 1y
Met an electronic appliance dealer today Interestingly, they earn higher margins(%) on smaller appliances like mixers and electric cookers compared to ACs and fridges Why? People research and inquire more about bigger appliances. Companies often off
See MoreHey I am on Medial • 25d
Hey everyone! Does anyone here have experience in the retail plumbing and electrical materials industry? Or has anyone worked in this space before? I’m curious to understand what the market is like — how’s the demand, what kind of margins do retail
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