FMCG Businesses and Related business Ideas
Sanjay Kumar ↗?
Founder @ TelcoLearn | Telecom, Cloud, 5G | 5G Trainer | 5G Core Trainer
FMCG industry is one the fastest growing industry and least affected by even Covid-19 (with some exceptions).
In this article we are going to discuss about how this industry overall , What are the Business Ideas opportunities and what are the things you need to consider before you jump into it?
Please note that this is not an exhaustive list of Business Ideas related to FMCG and they can be hundreds more and some of the business like masks and Sanitizers are intentionally not included.
In this , we are going to talk about -
? Fast-moving consumer goods (FMCG) are products that are sold quickly and at a relatively low cost. Examples include non-durable household goods such as packaged foods, beverages, toiletries, over-the-counter drugs and other consumables
? FMCG popularly knows as consumer good and it includes all consumables which people buy very frequently
? These items are meant for frequent consumption and almost everybody buys it on daily basis
Why FMCG ?
Why FMCG Business?
FMCG business can be started with the minimum investment like couple of Lacs and can go beyond 1000s of crores and have larger market reach and better growth prospects as everybody needs these products.
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4 年Essential goods & services have less impact of any adversity.
Int'l Voice & Messaging- Sales at Sify Technologies Limited.
4 年Hi Sanjay.. You can inbox me your mobile# to discuss bsns model based on FMCG. thx Sudhir
Served Govt. of India for twenty eight years. Now aspire to contribute to the society by upscaling skills.
4 年Supply chain integration can be an issue. Supply Chain Management and Marketing Mix will remain as an uncertainty due to black swan event like COVID. Geopolitical tensions also add to the risk. My bet is for infrastructure