CROCS BUSINESS
a basic plan for starting a crocs manufacturing business, focusing on affordability and efficiency. Let's refine and correct some aspects for a clearer understanding:
Equipment and Materials:
- Purchasing a chappal-making machine for around 38,000 INR from platforms like IndiaMart seems like a good starting point for keeping costs down.
- Sourcing plastic granules at approximately 200 INR per kg from IndiaMart is feasible for production.
Production:
- With 1 kg of plastic granules, you estimate you can produce around 23-30 crocs daily using the machine.
Pricing and Sales:
- Selling each croc for 300-400 INR sounds reasonable, given the production costs and market demand.
- Targeting wholesalers and local chappal sellers to distribute your product in bulk is a smart strategy to scale up quickly.
Revenue Projection:
- Estimated revenue of over 5 lakhs per month seems plausible, given the production capacity and potential sales volume. However, it's essential to factor in other expenses like marketing, transportation, and overhead costs for a more accurate financial forecast.
Overall, your plan seems straightforward and focused on cost-effectiveness, which can be advantageous for a startup. As you move forward, make sure to refine your strategies, consider market dynamics, and adapt as needed to ensure sustainable growth and profitability.
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