Our products include aesthetic dot mandala wall hangings, mirrors, photo frames, keychains, coasters and fridge magnets.
There have been several orders received for evil eye using mandala art not only from immediate relatives and friends but a wider group who shared our ideas. Moreover, party planners recently contacted us and liked our products and are willing to purchase some of our products for party decorations in upcoming months. We are using social media platforms like instagram and have collaborated with Flipkart till now to reach a wider audience.
Out of ₹12000 of our seed money we have used ₹4000 till now and from that we have earned ₹7500 from the sale and we are having a profit of ₹3500.The cost of one unit is around ₹300 and we get ₹1500 on its sale we are able to make a profit of Rs 1200 which is a huge margin considering the nascent stage of the project .
We have collaborated with Flipkart till now, we also want to collaborate with Amazon so that out range will increase so for that we want some investment. Also we need to make a website so that we can work efficiently on instagram as well. Lastly we want to make about 100 artworks in advance so that we can share our products on Amazon, Flipkart and Instagram and for that we want raw material and also pay for labour, packaging costs. We have already talked to the delivery services for the same.