Ladies handbag company is profitable, low-cost, and suitable for today’s world
Starting a business in Kenya takes at least Ksh.10,000.
It is no longer a secret that the business of selling ladies handbags in Kenya is booming. When full-time employees use this business as a side hustle, it becomes even more profitable.
I’ve spoken with numerous ladies who are involved in this business, either part-time or full-time, and they’ve told me that while it’s difficult to get started, once you have referrals and a large customer base, becoming wealthy will become a reality rather than a theory. What you need to know is where to buy cheaply and maximize profits by maintaining a large profit margin.
To be on the safer side, ensure you have a good Facebook Page and a vibrant Instagram account. You can promote your page or tell your friends to like it and share with their friends. Facebook and Instagram have become the largest single source of customers for handbag sellers in the country.
The capital required for women handbag business vary depending on the location and where you intend to conduct the business.
If you have Ksh.10,000, you can comfortably start the business. However, you will be moving around selling to your friends since a physical location might be expensive. I encourage anyone to start the business from home and monitor its performance before deciding to operate from a stall.
The best place to buy women handbags is either Gikomba or Eastleigh, Nairobi. If you are outside Nairobi, please don’t allow those brokers in your town to make extra ordinary profits from you. What they normally do is to buy from Gikomba or Eastleigh and come to sell for you at exorbitant prices.
Buying in bulk at Eastleigh will enable those guys to reduce the price significantly for you, thus allowing you to make good cash from sales.
A single bag normally ranges from Sh.500 to Sh.1,800 and you can sell it between Sh.2,000 to Sh.3,500. This will make you double profit.
Once you’ve acquired your bags, take clear images and publish them on your Facebook Page and Instagram account, along with the price tag, but make sure to highlight NEGOTIABLE.
Alternatively, you can take some to friends or family members to look at and then buy if they like them.
As we always tell you, there’s no marathon race that has ever been won by those who did not start the race.Therefore, if you like the idea discussed above and you have what it takes to actualize it, then don’t wait to start! just do it.
