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Round cotton wick and Long cotton wick business
Description: India is a religious country and the use of cotton for diyas have been done since decades. Now that Diwali is around the corner, demand for cotton wicks have increased rapidly. Manufacturer’s Guide Team has brought to you two business ideas with which you can cash in on the increasing demand from the comfort of your home with low investment cost and no special skills.
Darshan Rajput in conversation with Swati ma’am from India Enterprises.
If you invest 3-4 hours daily using one machine part time, you can earn over 15-20 thousand per month. And, if you use both the machines full time, you can earn over a lakh per month. India enterprises also offer EMI on these machines.
The first business idea we bring to you is Round cotton wick business. For this, you will require a Round cotton wick machine.
The machine works on normal electricity supply and is very portable. It is easy to use with no special skill required.
Procedure: Switch the machine on. Insert the raw material in the hole above. The machine will eject cotton constantly and the person will divide it in two parts and put it in two slots in the front. The machine will make round cotton wicks in instants. To make the wick more attractive, liquid colour is applied to the wick ends using fingertips.
The end result is packed in a container which carries 10g wicks.
1 kg of raw material forms 14-15 thousand round cotton wicks.
The second business idea we bring to you is Round cotton wick business. For this, you will require a Long cotton wick machine.
Procedure: Switch the machine on. The belt is cleaned with water to make the process smooth and avoid any damage to the cotton raw material. Cotton is broken into 3 inch pieces and placed on the conveyor belt. The end result is a smooth long wick cotton. The machine is fast and very effective. It is easy to use with no special skill required. This machine too, works on normal electricity supply. Similar to round cotton wick, to make the product more attractive, liquid colour is applied to the entire wick using fingertips. The wicks are kept to dry for some time.
The final dried wick is packed in a container which carries 10g wicks.
1 kg of raw material makes 14-15 thousand long cotton wicks.
Now we will discuss the costing for these businesses.
The Cotton Raw Material is worth 250 rs/kg. One container has 10g wicks.
10 g end result has 2.5rs worth cotton and 3 rs of the plastic container.
After calculating labor and electricity, one package will cost about 7.7 rs.
As we are manufacturers, we will sell it to a wholesaler and not to the customer directly.
Selling Price to wholesaler: 9-10 rs.
Customer Price: 18-20 rs.
Profit: 2 rs per container.
If you get an order of 1000 boxes, our profit margin will be 2000rs/day.
If you buy both the machines, the profit margin will be 4000rs/day.
Selling price to customer through online medium: 15-10 rs per container.
As a new business is started, you will need time to market the product. Until then, you can also sell to India Enterprises for 500-700rs /kg. Marketing for this product is very easy, because cotton wicks are easily available at any wholesaler and any small shop that sells materials for religious practises. India is a country with many festivals and cultures. With Diwali fast approaching, this business is very feasible and useful in current times.
To start round and long cotton making business, please contact India Enterprises at 8826753345 ,
8527715191, 6309546140, 6309546135.