How to Earn ₹10 Lakh by Selling Just 200 Lehengas
How to Earn ₹10 Lakh by Selling Just 200 Lehengas:Starting your own lehenga-selling business can be both profitable and rewarding. With the right strategy, you can achieve significant earnings by selling high-quality lehengas that appeal to your target audience. Let’s break down how selling just 200 lehengas priced at ₹15,000 each with a margin of ₹5000 per piece can help you earn ₹10 lakh in profit.
Step 1: Understand the Math
- Selling Price per Lehenga: ₹15,000
- Profit Margin per Lehenga: ₹5000
- Target Profit: ₹10,00,000
To calculate the number of lehengas you need to sell:
₹10,00,000 / ₹5000 = 200 lehengas
This means you need to sell 200 lehengas to achieve your profit goal.
Step 2: Choose Your Niche
The lehenga market is vast, and selecting a specific niche can help you stand out. Some popular niches include:
- Bridal Lehengas: Premium, heavily embroidered, and luxurious designs.
- Party Wear Lehengas: Trendy and stylish designs for events.
- Lightweight Lehengas: Affordable and comfortable options for casual functions.
- Designer Lehengas: Collaborate with local designers to offer exclusive collections.
Step 3: Source High-Quality Products
Partner with manufacturers, wholesalers, or artisans to procure lehengas at competitive prices. Some options include:
- Textile Hubs: Visit cities like Surat, Jaipur, and Varanasi to source unique and high-quality lehengas.
- Online Wholesale Platforms: Websites like TradeIndia, IndiaMart, or Alibaba can connect you with suppliers.
- Local Artisans: Collaborate with artisans for handcrafted and unique lehengas.
Step 4: Build Your Sales Channels
Online Channels:
- E-commerce Websites: Set up your store on platforms like Shopify, Amazon, or Flipkart.
- Social Media: Use Instagram, Facebook, and Pinterest to showcase your lehengas with high-quality images and videos.
- WhatsApp Business: Share catalogs and offers directly with your network.
Offline Channels:
- Open a small boutique in a high-footfall area.
- Partner with bridal stores or wedding planners to display your lehengas.
Step 5: Market Effectively
Targeted Advertising:
- Run social media ads targeting women aged 18-35 who are likely to attend weddings or festive events.
- Use Google Ads for location-based searches, such as “lehenga shops near me.”
Influencer Collaborations:
- Partner with fashion influencers to promote your lehengas.
- Offer them free products in exchange for reviews and social media posts.
Seasonal Promotions:
- Launch special discounts during wedding and festive seasons.
- Offer combo deals, such as a lehenga paired with accessories.
Step 6: Deliver an Excellent Customer Experience
- Provide detailed product descriptions and sizing guides.
- Offer customization options for size, color, or embroidery.
- Ensure timely delivery and provide excellent after-sales support.
Step 7: Scale Your Business
Once you’ve achieved your target of selling 200 lehengas, reinvest the profits to:
- Expand your product range to include sarees, gowns, or suits.
- Open more outlets or improve your online presence.
- Enhance marketing efforts to reach a broader audience.
Conclusion
Selling lehengas can be a lucrative business if you plan strategically and focus on quality and customer satisfaction. By selling just 200 lehengas with a margin of ₹5000 each, you can earn ₹10 lakh while establishing a brand that customers trust. Start small, stay consistent, and watch your business grow!
Rohit Rana – A Versatile Professional in Business, Finance, and Digital Marketing
With over 7 years of entrepreneurial experience, Rohit Rana has successfully navigated the dynamic world of business, driving growth and innovation. His 5 years of expertise in finance have honed his analytical and strategic decision-making skills, enabling him to excel in complex financial landscapes.
Additionally, Rohit brings 7+ years of digital marketing proficiency, specializing in crafting impactful strategies, leveraging SEO, and optimizing online presence to deliver measurable results. A visionary leader with a multifaceted skill set, Rohit continues to inspire through his dedication to excellence and passion for continuous growth.