Why trade profitably

Trade is one of the pillars of the economy and the most popular activities in private enterprise. It is often difficult for novice businessmen to decide what exactly to sell in order to get the maximum profit without risk.

There are a huge number of positions and directions in which you can develop a trading network. Some of them are attractive for their large turnover, others for their high interest margins, others for a one-time profit, and others for their relative stability. Many sellers fail to get the maximum profit without taking into account other significant factors. Meanwhile, it is necessary to take into account not only the figures of net profit from the sale, but also the requirements for the storage of goods, customer demand, seasonality. In addition, a lot depends on the starting capital, which you can spend on the purchase of the first lots of goods.

Which store to open?

It is not always necessary to chase the possibility of a high margin. For example, in retail chains selling food products, the retail margin rarely exceeds 10%, but due to the fact that the products are always well bought, even such a margin is quite profitable. Naturally, when planning the trade in products, we must not forget that this is a perishable product that requires storage conditions. Therefore, you must take care of the storage facilities and get rid of surplus goods at the warehouse on time. To some extent, this also applies to household chemicals, although the shelf life here is much longer.

Hygiene items and household chemicals also belong to goods that are always in demand, but competition in this area is very high.

Unlike food products, clothes and shoes provide the seller with a high profit due to the possibility of a significant (up to 200%) margin relative to the purchase price. Here, it is worth focusing on the average buyer, because elite clothing brands, although they provide a larger one-time income, are sold much more difficult. In addition, the starting capital needed to purchase clothes of the middle price segment in the right range is much less than if you work with the premium segment. The undoubted advantage of the clothing trade is the lack of expiration dates, however, seasonality has to be paid for this. Particular attention should be paid to children's things: it is profitable to trade them, and buyers will come again and again, as their children grow.

As for the low one-time profit, you should not be afraid of it if your product is popular enough to be bought in large volumes. For example, a package in a supermarket rarely costs more than one or two rubles, but given that its wholesale price does not exceed 20 kopecks, it turns out that the margin is up to a thousand percent. The main thing is to provide the necessary demand.

Please note that certain activities are subject to mandatory licensing. In addition, you may need certificates for this or that product.