June 26, 2009

How valuable is Re. 1 ?

Have you ever tried conversing with a small bakery owner about his expenses & his approximate savings at the end of the day ? If you haven't than better try it out biggrin The conversation would teach how a single rupee becomes thousand rupees at the end of the day. Though small bakeries sell cold drinks, juice, other eatables; chai[aka tea] is what yields them the maximum returns[Rs . 2 profit on a single cup of Rs. 3] which shows that it is all a QUANTITY GAME !!! The current issue of Dare contains an interesting list [shown below] of things which retail for Re. 1 or less
  1. Matches
  2. Confectionaries - Toffees, Gums ...
  3. A glass of water at roadside vendors
  4. Stationary - Erasers, Sharpners
  5. A phone call
  6. Kites
  7. Shampoo Sachets
  8. Vegetables - Coriander, Lemons etc.
  9. Candles
  10. Paper cups/ plates
  11. Stamps/Postcards
  12. Use of roadside weighing machines
  13. Photocopying
  14. Some medicines
  15. Waste paper
  16. Balloons
  17. Golguppas
  18. Bindis
  19. Stickers
  20. Greeting Cards
  21. Holograms when bought in bulk
  22. Screen printing in bulk
  23. White paper sheets
  24. One mosquito coil
  25. Loose flowers
  26. Small coconut pieces at roadside stalls
  27. Some crackers
  28. Rangoli/Holi Colors
  29. Thread
  30. Needles
  31. Marbles
  32. Chalk
  33. Nails/Screws
  34. Used bottles
  35. Some local cigarettes such as Rustam available in Patna
  36. Blades
  37. Ice
  38. Perfume samplers
  39. Loose beedis
  40. Paper Caps
  41. Digestive tablets
  42. Chewing tobacco
  43. Buttons
  44. Salt/Sugar sachets
  45. One impression of an ad
  46. Jam sachets
  47. Oil sachets
  48. Whistles
  49. Toothpicks/earbuds
  50. Use of public urinals
After going through the list, I easily could co-relate to the conversation that I have with the chaiwala in my locality ... Definitely lot's of things can help us build a bulk business with Re. 1 !!!

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4 Comments:

At Jun 29, 2009, 3:23:00 PM , Blogger Paras Shah said...

definatelty. when the Volume is higher the over all income would go up.

 
At Jul 1, 2009, 12:36:00 PM , Blogger kranthi said...

Hi himanshu.. nice post. I think you can ask your viewers to contribute their own list of things that cost less than or equal to 1 Re.

My two bits:
1. Ketchup sachets
2. mint mouth freshener (more smoking specific than confectionary)
3. paper flags (sold on independence day)
4. Visiting cards (but normally you'd buy them in bulk)
5. Filling air in automobiles


will try to send more when it hits me :)

 
At Jul 6, 2009, 11:14:00 PM , OpenID hjsblogger said...

Hey,
@Paras:
Thanks for your comment. Sometimes Re 1 can also LEAD to a huge amount :)

All the very best for your startup.

-Himanshu Sheth.

 
At Jul 6, 2009, 11:17:00 PM , OpenID hjsblogger said...

Hey,
@Kranthi:
Thanks very much for the comment and it is a pleasure to have you on my blog.I think you have given a nice idea, would update my article asking for additions from the readers.

You have also given some good examples :) Would add them as well.

-Himanshu Sheth.

 

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