Find out how
Thus, taking into account the above criteria, both new business ideas and those that have already proven themselves in the past will be relevant in 2024. Here are some examples of the most profitable startups:
Household chemicals
Of course, not all products in this niche meet the parameters we have formulated. However, there are good prospects in the production of detergents, stain removers, antistatic agents, and mixtures for cleaning pipes, since the technology for producing such substances is simple, and the necessary ingredients are always available for sale.
Most recipes involve simply mixing engineer database the components (usually 3-5 pcs.) without any heating or creating additional environmental conditions. Such a product, at a relatively low price, is in demand and its stocks are periodically replenished by consumers. At the same time, by combining the same ingredients (with slight variations), it is possible to obtain substances with different properties.
In addition, the room for maneuver is quite wide - you can experiment, producing products of different price categories from economy versions to samples with the status of "luxury". If you develop a competent marketing strategy, then the marginality of such a business can be very high. And this is despite the fact that production does not require impressive capital investments at the start.
Household chemicals
Source: shutterstock.com
If you have decided to master the production of household chemicals, then you should pay great attention to the packaging of the product. An effective advertising campaign will help increase sales. It is necessary to remember that competitors are also not asleep, so use all available opportunities to highlight your product, emphasizing its advantages. Work with the client base is of great importance. The larger it is, the higher the sales volumes.
Important! If you produce a low-quality product, then even with a brilliant advertising campaign you will not be able to sell it at a high price. In the best case, only initial sales are possible, after which customers will leave you and the business will go bankrupt.
Household chemicals are a mixture of different substances, so if even one ingredient is changed or the proportions are not observed during production, the product may acquire new properties. Therefore, when selling, for example, toilet soap, you should not save on surfactants (surface-active substances). Thus, in 2024, the production of detergents is an excellent business idea for people with analytical skills and strategic thinking.
Cosmetics
This niche is similar to the previous market segment in many ways, it is subject to similar patterns. The range of such products is very diverse, and the demand for them is traditionally high. It would seem that the cosmetics market is already saturated to the limit. There are many different products: all kinds of creams and lotions; scrubs; shampoos and miraculous ointments and balms. But every year is marked by the appearance of new products, because women's desire to look beautiful and young is ineradicable. Therefore, the cosmetics market is very promising.