China has become one of the countries with the fastest growing output of pet products in the world.
Among all the beverages, the profit of non-carbonated fruit juice drinks is the highest. The market retail price of a few bucks for a fruit juice drink has a cost of only one-tenth of its retail price. The cost of canned beverages is not much different from this. To put it plainly, the cost of some beverages is almost the same as that of perfume, which is practically just the cost of the bottle. Of course, if we strictly calculate the cost of beverages, logistics costs must also be considered. But regardless, the profit margin of beverages is extremely high.
In 2012, the most profitable industries were as follows:
1. Cosmetics
Everyone knows about the exorbitant profits of pharmaceuticals. In the eyes of ordinary people, the profit margin of medicines seems to be the highest. However, the reality is not so. Compared with the above-mentioned industries, the equipment, factory, and R&D costs of pharmaceuticals are much higher. The R&D cost of imported medicines is even higher due to high wages and other reasons. Although the active ingredients in medicines do not cost much, after going through three or five hands, the price of medicines skyrockets like Sun Wukong flipping over.
4. Baijiu (Chinese白酒)
3. Beverages
6. Pharmaceuticals
7. Agricultural product processing with high profit
8. Pet-related business with wide money prospects
What sells best in online stores? The editor of Online Store summarized the most profitable industries in 2012, hoping to provide inspiration and help to those who run online stores.
Among common daily-use chemicals, personal cleansing products have the largest profit margins. Take toothpaste as an example; the cost of a 120-gram tube of toothpaste is only 50 cents, regardless of whether it sells for several dollars or more. Crown Shop. The profit margin of shampoos that we consume frequently is even greater and absolutely no less than that of toothpaste. Just think about the shampoo advertisements flooding television. As for harm, how to open an online store, it's necessary to mention the deception of ordinary cleaning products being hyped up as having health supplement functions. Isn't this a kind of insult to our intelligence?
5. Health supplements
We Chinese are already familiar with health supplements. In reality, no health supplement can truly achieve the miraculous effects claimed by manufacturers. Due to fierce industry competition, the profits of health supplements are not as high as before but still belong to a typical high-profit industry. A certain product heavily advertised on TV claims to use an American formula, but despite its sale price of less than $30, compared to its cost of just a few dollars per box, the profit is obviously still substantial. Unlike medicines, health supplements have relatively lower R&D and production costs and do not need to be responsible for their effects, as long as they don't cause any problems when consumed, they can continue to be sold. Because of the high profit, manufacturers can accumulate considerable wealth in a short time. It's easy to imagine that health supplements have made a lot of real money in recent years.
The high profit margin of baijiu can be indirectly witnessed. In previous years, CCTV's advertising bid king was almost monopolized by alcoholic beverage companies every year. One year, Qinchihou wine shocked the nation during the bidding for the prime-time advertising slot because of an exaggerated claim. Without sufficient profit, no company would dare to make such a big investment.
2. Daily chemical products
The emergence of urban DINK families (Double Income No Kids) and the increase in elderly empty-nest phenomena have made pet ownership a consumer fashion. According to estimates, Chinese citizens spend billions annually on pets. Since the 1990s, China has become one of the fastest-growing countries in the world for pet product production. The demand for various pet needs grows at a rate of 15% annually. This brings a huge market for pet investors and operators.
China is an agricultural powerhouse, but it lags behind in the deep processing of agricultural products. Deeply processed agricultural products account for less than 12% of the total agricultural output. Taking corn as an example, in the United States, deeply processed corn accounts for more than 20% of the corn processed volume, with over 2,000 varieties. In China, the amount of deeply processed corn is less than 9% of the total corn production, with only around 100 varieties.
The above are the most profitable and high-margin industries in 2012. Have you realized the business opportunities hidden within them? Take action immediately and strive to become a leader in the industry while earning your own wealth.
Here, cosmetics mainly refer to imported high-end products. According to insiders, the top-ranked high-end cosmetics have an eye cream retailing for about $140/50ml in mainland China, priced around $80 in Hong Kong, while the manufacturing and R&D cost is merely RMB 20-30. For certain high-end cosmetics, the cost of those eye creams and lipsticks selling for hundreds of dollars is even lower. As for perfumes costing hundreds or even thousands of dollars, their cost is practically just the price of the perfume bottle. These astonishingly profitable high-end cosmetics are not as gentle on consumers as the beauties in the advertisements.
