During Ramadan, small business owners and hawkers struggle to make ends meet because there's too much competition and not enough profit. With everyone trying to sell similar things, it's hard to stand out. Plus, many customers are fasting, so they're not buying as much. This makes it tough for these entrepreneurs to earn enough money to get by. They need support and clever ideas to keep going during this challenging time.
FOR AVOID THIS SITUATUION , DONT START THIS BUSINESS
Nuggets Pav Stall & Snacks
The nugget pav business is no longer profitable. Despite its initial popularity, changing consumer preferences and increased competition have led to declining sales and shrinking profit margins. Customers are now seeking healthier alternatives or more diverse options, making it difficult for nugget pav sellers to attract enough business. Without sufficient demand and profitability, many entrepreneurs in this industry are finding it unsustainable to continue operating. You will Find Stall in every 100m from road in Any street In Mumbra.
Normal Range Kurtis (Under 350rs)
The normal range kurti business is facing a tough time as it struggles to remain profitable. The lack of variety in designs and styles has made it challenging to attract customers seeking more diverse options. Moreover, the slim profit margins and intense competition in the market have compounded the difficulties for entrepreneurs in this industry. With numerous sellers offering similar products, it's hard for businesses to distinguish themselves and establish a loyal customer base. As a result, the normal range kurti business is grappling with a triple challenge of limited variety, minimal margins, and fierce competition, prompting many entrepreneurs to reassess their strategies or explore alternative avenues for sustainable success.
Burkha / Abaya
The Burkha/abaya industry faces hurdles with limited variety, slim profits, and intense competition, making it tough for entrepreneurs to thrive. Many struggle to stand out in a saturated market, prompting the need for innovative strategies to sustain their businesses.
Cosmetic Products
You can start this , but people don't trust easily , whoever selling in discounted price , & Mumbra women's have unrealistic price expectation regarding cosmetic product . They always say
(Itna mehanga lena hai to mall se na lelu)
this field has great margin , but competition with hawkers are ruining this sector also...
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