It is safe and profitable to start a dealership business with less capital. Today we will discuss what is the business of dealership, what needs to be done if you want to be a dealer, how to take dealership, rules of dealership business. Here are some dealership business ideas that you can start with less money.
What is dealership business?
Taking over the dealership of a company means taking all the responsibility of marketing and distribution of the products of that company in a specific area. For example, Parle Company will hire a dealer in your area. If you want to take over that dealership then according to the contract you have to take all the responsibility of Parle in that area. Everything from product marketing to consumer benefits will be given through you.
Rules of dealership business
To do dealership business one has to enter into an agreement with the concerned company. That means signing a dealership contract. This agreement details all the terms of the business.
Every dealership business has certain requirements that are specified by the company. This may include marketing team, cover van, warehouse, etc. First of all, the representatives of the company will make sure that you have the necessary infrastructure for your business. If they think everything is appropriate then the company will sign a contract with you. Some companies may also ask for a bank guarantee.
The company can then send you the rest of the goods as per the agreement, or you may have to buy with cash. In most cases, companies pay a commission on the sale. Understand the terms and conditions of the contract with the company so that there are no problems after starting the business.
How to take dealership?
To start a dealership business, you first need to identify specific companies and products. Whether there is enough demand for that product in the area where you will be working, whether buyers will be interested in buying that product. You need to keep in mind that the price at which the company is selling things is appropriate for your area.
Then you need to know if the company is interested in hiring a dealer in your area. Otherwise you can communicate spontaneously. If the company agrees, you can start your dealership business by signing a dealership agreement.
13 Profitable Dealership Business Ideas
1. Dealership of fertilizers, pesticides etc. required in agriculture
Dealership of fertilizers, pesticides etc. can be a very lucrative business. If there is a demand for all these products in your area then consider this business. Of course there is no future for this business in urban areas but it is possible to earn from this business in rural or suburban areas.
2. Agricultural machinery dealership
Even if you sell all the machinery used in agriculture, you can make a good profit. There is a huge demand for agricultural machinery in India. The demand for small hand operated machines is quite high. Contact the company concerned to start this business.
3. Car parts dealership
The use of cars is increasing and as a result the demand for car repairs and various parts of cars is also increasing. There is also a good demand for car decoration elements. This business is a profitable dealership business idea.
4. Cosmetics dealership
From the village to the city, the demand for cosmetics is everywhere. Which brand or product will be in high demand depends on the socio-economic conditions of that particular region. If you can take the dealership of a suitable company then there will be profit. As well as building good relationships with retailers so that they put extra effort into selling your product.
5. Dealership of Building and Construction Materials
Another profitable dealership business idea is the business of building and construction materials. The demand for bricks, sand, cement and iron will never be met. Especially if you do business in an area where new multi-storey buildings are being built then the business will continue to thrive. It is advisable to have good relationship with promoters and contractors if you take dealership of this business, you can also get business from their source.
6. Book dealership
The book business is a lucrative business. You can take dealership on contract basis with various big publishing companies. It would be a good business to take the dealership of school college textbooks. Be aware of the fact that it is possible to make more profit if you have a contract with a company. You can understand the market by surveying the initial market. In addition to books, you can also take CD-DVD and letter dealership.
7. Dealership of FMCG
The business of FMCG i.e. Fast Moving Consumer Good is a highly profitable dealership business idea. Each of the leading FMGC manufacturers employs a large number of dealers to distribute their products. Since all these products are in daily use, it is possible to make a quick profit in this business. Just be careful when choosing products and companies, choose products that can be sold quickly and have a reputation in the market.
8. Drug dealership
The dealership of a pharmaceutical company is also a lucrative business. In India, it is a lucrative business. It is very important to know which drug dealership of which company. Work with companies that have good marketing and marketing.
9. Leather product dealership
You can do business with dealerships from leather goods manufacturers. In this case, you need to know the details of this business. Find out where to get the goods, what is the potential market for the goods, etc. Verify market value.
10. Furniture dealership
At present, various large furniture companies do business through local dealers. You can take dealership of various types of furniture like plastic, rotten iron, steel, wood etc. Which furniture dealership you will take or what kind of furniture you will trade depends on which part of the market you want to capture.
11. Dealership of herbal and ayurvedic products
The demand for herbal and ayurvedic products is increasing. Manufacturers of Ayurvedic products like Patanjali, Dabur are hiring a large number of dealers in different areas to deliver their products to the buyers. This is a profitable dealership business idea.
12. Mineral Water Dealership
The mineral water business largely depends on the meaning of the water in the area where you are doing business. The socio-economic status of the residents is also an important issue here. There is now a demand for mineral water almost everywhere in cities and suburbs. But before starting a business, be sure about the demand and current supply.
13. Paper and stationery dealership
Another dealership business idea to start a business at low cost is a dealership of paper and stationery products. This is a huge case and falls into a variety of products. Some of the most profitable products are notebooks, pens, pencils, erasers, art paper, printing paper, etc. It doesn’t take much capital to start this business.
In addition to the above businesses, there are many other lucrative dealership business ideas. Only your area to the appropriate product to choose, then success can be found. Dealership of any product you can take will also depend on your capital.
You can start with less capital to start the first time and grow the business later. If necessary, you can also think of taking a business loan. Let us know if you have any further information on Business Dealership Ideas, we will assist you with the necessary information.