Building Material Business Idea is a business that has immense potential to earn money because everyone needs bread to eat, clothes to wear and a house to live in. Whether it is a village or a city, new houses and big buildings are being built everywhere. Building material business is an evergreen business that goes on for years. Many things have been used in building construction, which is used to build a house or building.
If you want to start Building Material Supplier Business Plan then you must have good knowledge about it. In today’s post, I will tell you how to start a building material business.
What is a Building Material Business?
The shop by which different types of materials are given at the time of construction of a building or house is called building material business. Whatever materials are used while constructing the building, the housebuilder buys it from the building material shop. There are some shops that provide only Saria Cement but there are some shopkeepers who keep all the materials related to the building, those who keep all the materials, their shop is more crowded.
Required Space for Building Material Business Idea ,
Friends, if you want to start Building Material Business Idea, then for this there should be at least 5000 square feet to 10000 square feet space so that all the goods related to building material can come. Although this business can be started in less space also, if you do not have all the items related to the building material, then the chances of the customer coming will be less.
You should have such a place to open a building material shop where people come from all sides. There are many such items related to building materials that you will have to keep as a sample for the customer to see. For this, a big rack will have to be made so that the customer can easily see all the necessary things.
If you have your own land to start this business then it is very good. If you do not have your own land then you can also take it on rent. There are some items related to building materials that you have to keep in the godown like rebar, cement etc. Keep all the necessary items in your shop in advance so that if a big order comes to you, then you can give it to the customer.
Building Materials Names required to keep in the shop
The following materials to be used in building construction will have to be kept-
- Iron rods
- Water tank
Apart from this, there are many other items when you start shopping then you will know everything.
Where To Buy Building Materials
Friends, there are many types of items in building materials that you will not find in one place. First you have to make a list of all the items. You will have to buy the building materials shown in the list from different building materials suppliers. For this you can find out by going to your nearest city. You will have to establish contact with different building companies and see which company is providing the cheapest material. Apart from this, you can also find out from your nearest competitors.
How To Get Customers For Building Material Business?
There are many building material business owners who are in the pursuit of earning more profits as soon as they start a shop. This happens because their money is spent in this business, but if you give expensive goods to the customer in the beginning, then gradually the customer will distance himself from you. Today’s era is such that before buying a product, people go to many shops, find out its rate, then go and buy the goods.
So in the beginning try to deliver the goods at a lower rate than all the competitors. If you do this then your goods will be sold in more quantity and when your sales increase then it is natural that your profit will also increase.
Location for building material business
It is very important to have a good location for Building Materials Business Ideas. Your shop should be in such a place where transport facility is available for trucks and tractor trolley to and fro, because all building material comes by truck only and tractor trolley is used to send goods to customer.
How to start a business What should be the strategy?
You must have seen that Construction Material Supply Business in India is happening very fast. You have to hire a truck or tractor to get the goods from the company. In which your expenses will be more, you can contact the transport companies to get the goods from the company and send the goods to the customer’s house, this will reduce your expenses.
Building Material Business Investment
First of all, you have to see on what scale you want to start the business of building materials. If you want to start the business of building material on a small scale, then about 10 to 15 lakh rupees will have to be invested, but if you want that no customer should return from our shop, then for this building material on a large scale. The business will have to be started for which about 50 to 60 lakh rupees will be required.
Building Material Business Profit
Friends, building material business is a very profitable business. The best thing about this business is that you do not have to manufacture anything in it nor do you have to go anywhere to sell it. Once the customer knows, he himself will come to you to buy the building material. If you start this business by investing 10 to 15 lakhs, then you can earn from 25 to 40 thousand per month.
Apart from this, if you start this business by investing 50 to 60 lakh rupees, then you can earn more than 1 lakh rupees per month. There is no fixed rate in this business, sometimes the rate of ballast, sand, cement, sand, rebar keeps on decreasing, if you keep stock in advance and increase the rate of all these things, then you can also sell it at an increased price. Can earn more profit.
How To Market Building Materials?
Since this is a business related to Construction Business Ideas, you will have to provide aids for the marketing of building materials. For this, you can get it printed in the paper, put a big banner in front of your shop and write in it what kind of salmon we get here. Also, keep the visiting card of your shop prepared, the customer who comes, must give the visiting card of your shop. With this, when your customer needs a product, he will be able to call you on the number written on the visiting card and get information.
Apart from this, you can get pump plates installed in the market, square squares, villages etc. You can get hoardings installed, as well as keep offering from time to time to attract the attention of the customer so that more and more people can connect with you, apart from promoting your shop on social media.
Some things to keep in mind related to building material business
- The first point is that before starting the business of building materials, you should have complete knowledge of this business, if possible, before doing this business, you should learn to work in a big shop for 6 months, this will give you some knowledge and you will be able to run your business smoothly.
- Secondly, if you do not want to learn by staying at a big shop, then you will have to catch two or four such employees who know this work, that means they have done that work in some other shop, by doing this they will remember the name of every product and that customer. Will get the goods out immediately.
- Thirdly, whenever you come into this business, you have to make sure that your way of interacting with your customer should come. Never get angry with the customer As far as possible do not let the customer back even if you get very little margin in it, by doing this one customer will tell another customer which will increase your sales.
- Before starting the business of building materials, make sure that you will also have to send the goods to the customer’s house. In such a situation, keep the arrangement of tractor-trolley. If someone wants to carry 8 to 10 sacks of cement, then arrange a handcart or rickshaw for him so that the customer gets convenience in carrying the goods.
In this article, I have told you very well about Building Material Business Idea, but before starting this business, make a complete plan. Prepare a list of goods, contact the company, at which place you should start this business, take care of it, only then you can be successful in this business. If you liked the Building Material Business Idea, please let us know by commenting. Thank you.