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Ways To Grow Your Business During Diwali
Industry which trend during festive season
With the festive season comes Diwali, when people like to spend more than they usually do. If strategised well, this is a perfect time to turn business into a profitable venture.
5 Ways To Promote Your SME During Diwali
Participate In Flea Markets (Melas)
Create an Online Store
Go Social
Know Your USP
Fair Pricing
Participate In Flea Markets (Melas)Ramleela Mela
• With Dussehra and Durga Puja celebrated together, having stalls in these markets is a perfect way to get noticed and sell your handicrafts. Setting up food stalls also works out best in such markets.
• Make sure you have enough stock in case of a major demand for the products.• Keep observing the demands of the people and stock your products accordingly.
Diwali Mela• Believe it or not, people love local handcrafted products and this is a perfect time for pottery artisans to put up stalls.
Markets for diyas and home décor products are way too demanding.• People eager to spend more around this time. So offer them attractive offers on electronics, consumer durables real estate.
Community Markets• During this season, people flock to local hyper markets. If vendors place and market their products at a fair price, they are
sure to benefit a lot. • Keep an eye on the needs of the people and this could be the perfect place to set up a new market for yourself.
Create an Online Store
Some Facts To Watch Out for this DiwaliSurvey Source: Via Cashkaro/ News18/ CouponDunia
Top Market Players
Reasons to open an online store!
What’s in Demand?
Are you still thinking whether to go online or not?
Key Insights
Go Social!
Engagement Ratio: Age Group
Experience takes the centerstage
Engagement Source
Know Your USP
Reasonable pricing and the option
of bargaining
Handcrafted products with
various designs and
textures
One-the-spot quality
checkEasy Returns
Fun to shop with family
and purchase
goods as per their
demand
Variety of options
available
Fair Pricing
Keep pricing as per the market trends
Price your products competitively after
due market research
Pricing should motivate buyers for
a purchase
Few of other pointers to keep in mind to grow Small Business!
Focus On Your Brand, and More Branding
Dedicate Blocks of Time to Work on the Business
Take Care of Logistics and Timely Delivery
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Helping Small Businesses Grow