Don’t get confused about the oil business. No doubt! Starting an online business can be both challenging and profitable. However, due to the rising standard of living, the demand for edible oils is also rising day by day. That’s why it is the ideal time to enter the market and gain the customer’s attention.
Whatever your plan or business model, this blog post will guide you on how you can get your wholesale cooking oil business right now.
Market Value of Different Oils in Pakistan
Before starting the oil business, it is crucial to understand the demand and the cost. Look at the price comparison mentioned below on on-demand edible oils in Pakistan:
Rank | Oil Type | Price (PKR) |
1 | Canola Oil | 2600 5L |
3 | Sunflower Oil | 2600 5L |
4 | Soybean Oil | 2750 5L |
5 | Mustard Oil | 800 5L |
6 | Olive Oil | 2645 (500 ml)
4,850 (1000 ml) Premise 1,600 (500 ml) 7,500 (3 Liter Tin) |
7 | Coconut Oil | 2,400 1L |
Different Steps to Start an Oil Business in Pakistan
When it comes to starting a small business, the essential steps lie in choosing the model, planning the operations, and reaching the targeted audience. Here are the key steps explained:
-
Start with White Labeling
White labelling is an excellent option, especially if you have limited or no resources for manufacturing. You don’t need to do any extra, just find the companies that offer the bulk white label option. Create a compelling brand name, logo, and design, choose quality packaging, and you are good to go.
This brings you the benefit of a branded product without dealing with raw material sourcing and processing. So the advantage is clear:
- Lower investment
- Fast time delivery
- Less complexity in product and quality control
-
Buy Wholesale from Alahdeen and Sell at Retail Price
No more manufacturing, packaging, and branding! Buying wholesale oil and reselling it at retail price is the most profitable method. Well, there are lots of platforms, but Alahdeen B2B Marketplace holds expertise in connecting the buyers directly with trusted wholesalers across Pakistan. Where you can browse multiple suppliers, compare prices, and place bulk orders with ease. This model is ideal for a small startup or anyone who avoids the complexities of manufacturing.
What is the actual process?
- Identify the wholesale distributor by contacting the Sufi, Dalda, and Habib.
- Ask for negotiation to gain competitive wholesale prices.
- Secure a well-cleaned, ventilated area for your inventory.
- Sell through local kirana stores, small supermarkets, or even via social media.
3. Open a Local Oil Distribution Setup
The distribution network is ideal for serving the businesses. In this model, you are a middleman between the manufacturer and the local retailer, restaurants, and bakeries. You can easily get higher profits and direct brand relationship by including the simple steps, such as in-depth market research, partnership with an oil manufacturer, investing in a warehouse, delivery vehicle, or the development of efficient logistics.
4. Launch an Online Oil Store
For launching an online store, you have to create the website or even use a platform like WhatsApp Business, Facebook, or Instagram that helps in selling the product to consumers across Pakistan. You can provide different brands, packaging sizes, prices, and delivery in your oil store. For convenience, offer cash-on-delivery and other payment methods. This strategy is good if you don’t want a store or want to reach more customers across cities.
The primary benefit is that targeted adverts and promotions in digital marketing attract the correct people. List your store on Alahdeen to attract wholesale and regular customers.
-
Packaging and Branding
Packaging is important whether you’re reselling or selling under your own brand. Make sure to package the bottle, container, or pouches by mentioning the manufacturing date, expiry, or the nutritional details. Regardless of your chosen business model, Branding makes you different? Use a consistent color theme and typography for better sales.
Final Tips Before You Start
- First, try out your product: If you’re utilizing white labeling, give a small group samples before you launch to acquire their thoughts on the quality of the oil.
- Begin with a small amount: Start with only one or two kinds of oil to keep costs down and see how much demand there is in the market before adding more.
- Know who you’re talking to: Find out if your target customers are homes, restaurants, or stores, since each group has different needs when it comes to price and quantity.
- Make sure you are connected with the right suppliers: Use written contracts and work with trustworthy suppliers to avoid price changes and delays in getting supplies.
Conclusion
To end up this blog, starting the oil business in Pakistan is a profitable as well as interesting business. Undoubtedly, this guide is enough to give a complete overview of how to start, the essential and final tips. So, don’t waste your time and shop all of these from the affordable platform at a cheap price.