If you’re looking for a business with low investment and high earnings, the mobile accessories business could be a great opportunity.
The demand for mobile accessories is increasing due to growing digitization, and the best part is that this business isn’t limited to any season.
You can earn consistently throughout the year, and the business often grows even faster during festive seasons.
The mobile accessories market includes products like chargers, earphones, Bluetooth devices, fans, lights, various types of cables, lighting speakers, mobile stands, card readers, and soundbar speakers.
There is a high demand for these products in the market. If you start this business now, you can begin making good profits immediately.
How to Start a Mobile Accessories Business
To start a mobile accessories business, first, research which products are currently trending. It’s important not to buy too much stock at once.
Instead, offer a variety of products so customers can find what they need across different categories. This increases the chances that someone will make a purchase.
You can start by setting up a small stall in a busy public area or even by moving around to different locations.
The business can be done either part-time or full-time, depending on your availability.
Potential Earnings in the Mobile Accessories Business
The mobile accessories business offers good profit margins. You can expect to earn 2-3 times your initial investment.
For example, if you buy an item for ₹12, you can sell it for up to ₹50, and customers will still be satisfied with the price.
The great thing about this business is that you can start with as little as ₹5,000. As your income grows, you can increase your investment to expand the business further.