Reading this guide, you will learn how to start Mitumba Business in Kenya, and also know the factors you must consider to start your business.
Mitumba business in Kenya is one of the most profitable businesses in Kenya. Those people facing unemployment in Kenya have resulted in starting mitumba business and earning themselves a living.
You can start a mitumba business from as low as Ksh 1000 and make your profit. A mitumba business is very easy to start and maintain.
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How Much Does It Cost To Start A Mitumba Business In Kenya
Mitumba bales range from Ksh 8000 to Ksh 50,000.
The price of Mitumba bale is determined by the wholesale profit margin, the items on the bale, and the quantity of the bale.
All of this determines the cost of a bale.
How To Make Your Mitumba Business In Kenya Successful
The following major factors need to be put into place for you to have a successful Mitumba business;
The amount to be invested in the Mitumba business depends on the size of the mitumba business you are setting up.
This includes if you have to pay rent and pay for other bills.
The capital must be enough to accommodate the bills.
If you start a mitumba business and you decide to hawk, there are fewer bills. The size of your mitumba business will determine how much you will require.
2. Identify A Good Supplier
You have to identify the best supplier if you want your mitumba business to be successful.
If you specialize in selling mitumba jackets, then your supplier should be a shoe supplier.
3. Identify Your Target Audience
Identifying a target market is very important. Identify the available market gap and think of something.
Ask people around what they would lie. Look at factors like weather.
This will help you know what to sell in a mitumba business.
The pricing depends on the grade of mitumba you are dealing with.
Some grades provide good quality. For instance, grade one is usually slightly expensive because the clothes are usually in new condition.
The location you set up your mitumba business is very important.
For instance, if you deal in selling jackets, you cannot locate your business in areas like the coast. The coast is warm.
Things You Can Sell In Mitumba Business
Below are the things you can sell in Mitumba Business in Kenya:
- Men and ladies trousers
Categories In Mitumba Business In Kenya
Grade A – deals with second-hand clothes that are new in condition. They are usually expensive because of their quality.
Grade B – deals with second-hand clothes that are slightly used but still in good condition
Grade C – deals with second-hand clothes that have minor defects that can be done before selling
Grade D – deals with second-hand clothes that have a major defect. They are sold at the cheapest price.
Is Mitumba Business In Kenya Profitable
Yes, Mitumba Business is one of the most profitable businesses in Kenya. Given the kind of things you can sell, the demand is very high, and you can easily establish it anywhere in Kenya.
That is all you must know on how to start Mitumba Business in Kenya.