We are going to give you some ideas and factors to be considered before starting a Sanitary ware business of your own. Sanitary ware is a good business in which you can get a good sum of profit. If you start the business in a right location where you can get many customers, by selecting a right brand and a correct variation of product, you can see a very good profit soon in this business. If you have any doubts, regarding the sanitaryware business by studying this article your doubts will be cleared. To get some ideas regarding the Sanitary ware products and Sanitary ware brands you can verify the link Top 10 Sanitary ware brands in India and Sanitaryware Manufacturer in Morbi.
Let us now look at the factors, which will guide you before staring the Sanitary ware business in a right way to get a good profit. Check out sanitaryware catalogue.
The first factor to be considered is about the selection of right brand for the sanitary ware business. In Sanitary ware industry there are a number of brands providing Sanitary ware products. If you take India there are more than 100 Sanitaryware brands. The selection of brand will decide the profit variation and varieties variation in your business. You can open a showroom containing single branded sanitary ware products or with various branded sanitary ware products, this depends upon the size of the showroom. If you are going to start a showroom initially then it is better to select single branded sanitary ware products. If you select a brand then you have to see whether that brand has all the products which you like to display. The next thing is to see how to contact that brand/company and verify how much products they will supply in whole. Some companies will supply products in the lot and some won't. So before selecting the brand go through all these and then select the right brand. I recommend getting the sanitaryware directory to contact many companies as possible to get the best offer from the company to reduce the investment of the business.
The next factor to be considered is cost of the products. First, ensure whether the area members where the showroom is located will choose for high range products, medium range products or low range products. By seeing this you can select a brand, which offers a suitable range of products. Before this, you have a random study about the cost of some of the brands, which may help you to select the suitable one easily.
Third factor to be considered is the Customer base. Observe what type of customers are situated in the area where you are going to start the showroom. Have a study about the customers and collect details about what type of products they prefer to buy. For example see whether the customers prefer High end products, medium range products, low range products, Indian pans, European closets, Table top wash basins, Wall hung, Designer wash basins, Designer closets etc. Therefore, before selecting the products the study about the customer base in the area where you are going to start the business is very important.
This is a very important factor among all the other factors when you start a showroom because the location decides the number of customers and what kind of product will move in that location. If the showroom is located, in the heart of the city, the movement of products will start from high end to low end and there will be more number of customers. Therefore, you will a good profit in business. But when the showroom is in the heart of the city the investment and expense factors should be more like additional advance for the showroom, high showroom rent, high current bill etc. If you keep, the showroom in an outer area of the city the investment and expense factors will be less but the business movement and number of customers will fall down compared to the showroom located in the heart of the city. Hence, the selection of location for your showroom is very important for the Sanitaryware business.
Product Variation :
Next, step to be decided is about what are the varieties of products to be ordered for display, for example if you take washbasins there are more than 10 models in wash basins. You can see the link Types of wash basins and you can decide what models can be selected to display in your showroom. In the same way, there are many Types of Urinals, by seeing some types you may select the models needed for your showroom. If you take toilets, there are more models of toilets so have a look at the Types of Toilets and select the models. First, you have to decide whether you are going to buy all these models or limited models and keep it stock. When you start initially, it is better to have a limited stock of products and you can add the products by seeing what model moves in your area and then you can order for more. So always, maintain a medium stock until the business develops to an extent.
Other Products :
The final factor is other products, which are going to be displayed in your showroom for example, if you are going to include Tiles in your showroom for display you have to see a supplier for tiles. Some of the products other than Sanitaryware products which can be sold are water heater, faucets etc. For these you have to see for different suppliers. Some companies offers all kinds of bathroom accessories but some offers only Sanitary ware products separately, tiles separately and faucets separately etc. One more thing is, the company offering all the bathroom accessories will have high of cost so the profit for your business may be low but the companies, which provide each product separately, will offer low cost for products so the profit factor will be high. All these factors have to be verified before you start the sanitary ware business and order for the products.
From the above study of all these factors, you would have got some ideas to start a sanitaryware business of your own.
Venkat Mani is a Ceramic Engineering Graduate from India, working in Sanitaryware production line for 10 years. He shares Meaningful content related to sanitaryware professionals that others find useful.