Advice

Is starting e commerce profitable?

Is starting e commerce profitable?

Is ecommerce profitable? The eCommerce industry is competitive. If you strategise right and know what the market wants, eCommerce can be very profitable. It also depends on the type of products you sell and what business model you’re running on.

What can you do with 5 lac?

Business Skills needed Break-even period
Custom-making chocolates Creativity, love for chocolates 1 week
Bus service website Knowledge of IT, bus routes 5 months
Custom-making festival gifts Sensitivity, idea of direct gift makers’ outlets 3 months
Online ads Media planning, knowledge of Net, networking 1 year

What we can do with 5 lakhs?

You can open a small gym with an investment of 5 lakh and can expand or increase the machines as more and more people join the gym. You would require a big space plus basic exercise equipment, AC, and a music system for starting the gym.

Can you start a business with 5 lakhs?

You can start it by taking a small room on rent or from your home and then gradually you can take it to a large scale business when required. Because of the low investment and great profit, it can be said to be the best business ideas with 5 lakhs investment.

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What small business can I start with 5 lakhs?

20 ventures you can start with Rs 5 lakh!

Business Skills needed Amount you need to start (Rs)
Ultra-short temping services Networking 1,000
Shoe wash Knowledge of using the chemicals involved, marketing 7,000
Food delivery Marketing and sales 15,000
Uniform making Man management 20,000

Is Ecommerce a loss?

[UPDATE] Despite Baby Steps Towards Profitability, India’s Ecommerce Giants Mired In Over INR 9.7K Cr Losses.