Abstract: With the rapid development of society and the pressure of life, many people choose to start a business. For entrepreneurs, depending on the investment in the industry, the success rate of starting a business will be significantly improved. So, what are the most profitable businesses? This article will take stock of the top ten most profitable businesses, including catering business, clothing business, cosmetics business, baby products business, opening a fried chicken shop, funeral services, medicine and health care products business, opening a personalized car sticker shop, camera rental, 1 catering Business. Here are the details. Let's take a look.
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1. Catering business
Food is the most important thing for the people, and 1.4 billion Chinese people "will go hungry if they don't eat for a day." Therefore, the catering industry is still the most promising and profitable industry in China. Breakfast shops and casual drink shops have low costs, high profits and quick recovery. The average investment cost is 20,000-100,000 yuan, and the average net profit is 25%-35%. Generally, investment can be recovered from June to September, so it is the first choice that many entrepreneurs should consider.
2. Clothing business
"Buddha relies on golden clothes, and people rely on clothes." Today, Chinese people "have a love for beauty." Therefore, clothing in cities across the country There are huge business opportunities in every industry. Clothing and textiles are a pillar industry that provide China with more than 9% of its GDP and more than 25% of its foreign exchange earnings every year. China's textile and apparel exports account for 1/5 of the world's total textile and apparel exports. Take the children's clothing market as an example. According to statistics, there are currently 380 million children aged 0 to 16 in my country, and the annual consumption demand for children's clothing is approximately 800 million pieces. In the next few years, China's children's clothing market will continue to grow at an annual rate of about 8%, becoming one of the fastest growing markets in China.
3. Cosmetics business
The cosmetics here mainly refer to imported high-end products. According to industry insiders, the bottled eye cream, which is known as the world's top cosmetics, retails for more than 900 yuan/50ml in mainland China and about 600 yuan in Hong Kong, but its manufacturing and research and development costs are only 20 to 30 yuan. Eye creams and lipsticks costing several hundred yuan are even cheaper. As for those hundreds or thousands of perfumes. It costs almost the price of a perfume bottle.
4. Baby products business
How big is the market for baby products in the form of specialty stores? There are 16 million babies born in mainland China every year, and there are about 69 million babies aged 0-3 years old. Among them, there are more than 10 million babies aged 0-3 years old in cities, which is equivalent to the total population of Australia. From the analysis of market data, it can be seen that the average monthly household consumption of newborn products in cities across the country has reached 900 yuan. Adding the consumption of infants and young children in rural areas, the market size of infant and young children products in mainland China will exceed 100 billion yuan every year.
5. Open a fried chicken restaurant
Nowadays, the streets are full of delicious fried chicken, and every fried chicken restaurant’s business is extremely booming. Opening a fried chicken restaurant has become a target for investors. Fried chicken is delicious and inexpensive, suitable for mass consumption. Moreover, fried chicken is easy to operate and quick to use. It is sold in the form of packaging and does not require a large storefront. 10 square meters is enough. Fried chicken restaurants have small investment and high profits. The cost of a fried chicken is about 2-3 yuan, and the selling price is about 10-15 yuan, making a considerable profit.
6. Funeral services
The monopoly and feudal funeral concepts in the funeral industry have encouraged the industry's habit of charging sky-high prices. According to statistics from the Ministry of Civil Affairs, my country's annual funeral expenses amount to tens of billions of yuan. According to the survey, the cost of a funeral is staggering, including cremation fees, plastic surgery fees, body transportation fees, farewell hall rental, wreath rental, etc. Shrouds and urns that cost dozens of yuan often cost thousands of yuan. The cost of buying a cemetery pagoda is even more expensive, reaching tens of thousands of dollars in good locations.
7. Medicine and health care products business
According to insiders, a drug with an ex-factory price of 12 yuan is sold for 40 yuan. So if the price difference is 28 yuan, the circulation cost is about It ranges from 7 yuan to 15 yuan, and the so-called "circulation costs" are mostly rebates, which means that rebates account for 30% to 40% of the drug price. Amid condemnation of high drug prices, some low-cost pharmacies have sprouted across the country. Some affordable pharmacies sell products at an average price that is “45% lower than the approved retail price.” However, even if the price is reduced by 45%, it is still profitable. One can imagine the huge profits in the pharmaceutical retail industry. In addition, as Chinese people’s knowledge and spending levels improve, they are increasingly paying attention to health. In recent years, the health care product market has shown great potential, especially during the holidays, when sales of health care products surge.
8. Open a personalized car sticker shop
As car owners become younger and younger, how to beautify and decorate their cars has become a hot topic among car owners. Car wraps are one of the most intuitive, eye-catching, and affordable ways to decorate your exterior. In the car sticker library of a car sticker shop, there are more than 10,000 sets of car sticker patterns that can be produced. With arrangement and composition, there are many more options that can be changed. In addition, car owners can also provide the patterns they want, or express their ideas and let the store discuss the design and production.
Generally speaking, the price of a single partial car sticker is between 30-50 yuan, and the price of a car sticker designed for the entire car is between 300-500 yuan.
9. Camera rental
With the arrival of various holidays, citizens are planning travel routes and preparing travel packages. In order to create beautiful memories, a camera has become an essential part of travel. Camera consumption has changed in 2019, and online camera rental is becoming a new consumption model and quietly emerging. A company has rented out 329 yuan in 30 days. It is understood that the market price of a professional diving camera is 2,400 yuan, and it only costs 30 yuan to rent it for a day, which is quite cost-effective. The search index for "camera rental" in the last seven days has increased by 36.0% month-on-month and 139.9% year-on-year; the transaction index of "camera rental" in the last 30 days has increased by 74350.0% month-on-month.
10. Open a coffee shop
At present, Chinese people’s coffee consumption is still small, but the growth momentum is very impressive. The annual growth rate of China’s coffee consumption is 15%, while the world’s coffee consumption is The growth rate is only 2%. As an imported product, coffee consumption has also experienced rapid development in China in recent years. Data shows that coffee consumption in the South China market is soaring at a double-digit rate every year, and even exceeds 100% in some areas. With the rapid development of China's market economy, coffee has gradually integrated into people's lives, forming a huge potential consumer market.