15 Tips to Start Bedsheets Retail Business

Starting Bedsheets retail Business : thriving and profitable retailing business that is less competitive in Nigeria.

Never give up. Great things take time. You can request publication of your article for publication by sending it to us via our Email below. businesshabblog@gmail.com or SMS/WhatsApp) or call +2347034920650.  Click here to start business now with businesshab.com

businesshabblog@gmail.com

That an entrepreneur can consider starting is to open a store where stuff like bed sheets, duvets, pillows and throw pillows are retailed.

It is a good and easy business to start; besides it is a profitable business venture.

Starting Bed sheets retail Business in Nigeria is easy.

Starting Bedsheets retail Business

1. Get a Capital:

Get your capital which could be as low as 30,000 and have a good marketing skill.

A lot of women venture into this business because it’s easy and profitable.
Though you can start the business with a small amount, but packaging and marketing of the bed sheets is key.

Household items like that are in high demand always hence you will always get patronage.

Read also: Top 50 Celebrity Wardrobe Business Ideas in Nigeria

2. Skills Needed:

You n eed good skills and knowledge of buying good designs and high quality at minimum cost to make profit too.

Also, have relevant sewing skills to be able to hem the bedding so you don’t have to employ or get tailors to do the jobs for you always.

This will save cost in the long run.

Starting Bedsheets retail Business

3. Bedsheets retail  Business: Purchasing Skills:

Also, get a place to source the materials at low prices.
The cost of making a bed sheet be about N3,000 and a profit margin on each bed sheet could be about 2,000 if you sell at 5000.

So if you sell five bed sheets in a day, you are sure of getting about N10,000.

So why don’t you give it a try.
You could start bedding from home or a dedicated shop. Wholesale stores are very popular and attract lots of patronage.

This is because of a whole lot of items associated to bedding.

To succeed you need quality and stylish items in your store.

Starting Bedsheets retail Business

4. Values:

The prices should be competitive and sales outlet visible.

Other requirements are networking with reputable mattress/furniture companies.

Start by writing a business plan and conduct a survey, Secure franchise deal or network with manufacturers.

Approach any commercial bank for loans and find a good location.

5. Get other Bedding Set: 

Related post; Hotel Business Analysis in Nigeria

You have a full range of items to add in your store.

This will increase profit while offering your customers variety.

Bedding set involves all items used to cover or is on a mattress.

They include the bed sheet, duvet, quilt and blanket.

Technically we can add the pillow case, comforter, bolster and sham.

Others are the flat sheet, fitted sheet, feather bed and continental pillow.

More candidates are the mattress protector, pillow sham and neck roll.

Read on:6 Tips for Bodyguard Business in Nigeria

• Bed sheet
• Duvet
• Quilt
• Blanket
• Pillow case
• Comforter
• Bolster
• Sham
• Flat sheet
• Fitted sheet
• Feather bed
• Continental pillow
• Mattress protector
• Pillow sham
• Neck roll

Starting Bedsheets retail Business

6. Get a Good Location:

To succeed you need to choose a good location.

Bedding business is about visibility and quality products.

The best locations are commercial areas with huge pedestrian traffic.

Make sure your store comes equipped with storage facility or warehouse.

The location should be easily accessible with adequate parking and loading area.

See also: 10 Challenges to Starting Computer Assembling Company

Starting Bedsheets retail Business

7. Rent a Shop

Make sure your shop is in a good location.

The shop location depends on the type of bedding and clientele.

Middle or highbrow locations work better than low income areas.

Your shop should have a large storage space or warehouse.

Use an interior decorator to arrange and beautify your shop.

Use signboards to attract passerby and include a glass display window.

8. Get Bedding Materials

Must see; Top 20 Hotel Franchise Business in Nigeria

Bedding materials depends on the product and manufacturer.

Common materials used include flannel cotton, satin, silk or weave material.

Others are polyester, synthetic fabrics, quilt or cotton/polyester mix.

More are microfibers, knitted wool, acrylic and duck down feathers.

Read on: 20 Successful Idea for Mid-year Business in Nigeria

• Flannel cotton
• Satin
• Silk
• Weave material
• Polyester
• Synthetic fabrics
• Quilt
• cotton/polyester
• Microfibers
• Knitted wool
• Acrylic
• Duck down feathers

Starting Bedsheets retail Business

9. Know the Bedding Sizes

Bedding sizes depends on the beds dimensions and the country’s standardization.

They are categorized by different standards in United Kingdom, European, Australian or New Zealand.

Other countries with their own requirements are North America and Japan.

The standards are based entirely on bed measurements.

Common types are single bed, semi-double and double.

Other specifications are king long, king, queen and wide double.

Read also: 6 Must Have Tips to Start a Boxing Club Business

10. Know the Bed Types

• Single bed
• Semi-double
• Double
• king long
• king
• Queen
• Wide double.

11. Bedding Franchise Opportunity

You can start a wholesale bedding company through franchising.

Dealers could leverage on a franchise agreement to sell top quality products.

The franchise you choose should offer customer service, quality products and competitive pricing.

Entrepreneur with good management skill and communication skill can consider dealership option.

Advantages to a dealership deal includes above average income, flexible schedule and support.

The franchise owner should provide logistics, merchandising opportunities, effective marketing strategy and a unique business model.

It is important that they offer basic training, seminars, field visits and dealer conferences.

Advantages of Bedding Franchise Dealership

• Provides Above earning income
• Lower startup costs
• Flexible schedule
• Customer service
• Regular training and support
• Leverage on a successful business model
• Effective Marketing strategy
• Quality products
• Team work

12. Franchise Cost

See also, Hotel Feasibility Study, Step 1 when Planning a New Hotel or Resort

The amount of money you need to become a franchise dealer depends on terms. Minimum startup costs for franchising dealership range from #7000-#10,000.

You need to schedule an interview and provide proof of capacity.

The interview focuses on communication skill, management skill and team spirit.

Other criteria are good location and understanding of the business model.

See also: 15 Tips to Start Computer Upgrading Service in Nigeria

13. Marketing the Bedding

Major markets are hotels, motels, rest houses and hostels.

You also sell to individuals resident in your locality.

Other clients are boarding schools, property developers and interior decorators.

Use newspaper advertisement and local publications.

Create a website and include pictures of your product, description, location and price.

Include a shopping cart, discounts and online shipment.

Drive traffic through paid online advertisement, yellow pages and classified bookings.

See also: 10 Challenges to Starting Computer Assembling Company

14. Know the Major Bedding Customers

• Hotels
• Motels
• Rest houses
• Hostels
• Hospitals
• Health centers
• Clinics
• Boarding schools
• Property developers
• Interior decorators.

Read also: 8 Things to Consider while Starting Home Painting Business

15. Licensing

A franchise deal will provide a franchise certificate.

You need a trade license, insurance and employer tax identification number.

The product could attract value added tax and don’t forget to incorporate the business.