Last Updated on January 1, 2023
The steps regarding how to make money selling bed sheets are straightforward. So, you only need a market and then you are good to go.
If you are searching for a business that can fetch you the money, consider setting up a bed sheets business. A typical bed sheet business is so unlike many day-to-day businesses. It gives your customers bodily comfort and can be medically important.
Meanwhile, you can also make the money through dry cleaning and perfume sales.
Is bed sheet business profitable?
Bedsheets at a local store
Bedsheet business is quite profitable, you can make a massive profit depending on the sales you make. Moreover, you can sell the bed sheet at any price you feel like, so the price is not fixed.
People buy bed sheets from different online platforms. This does not mean a brick-and-mortar store will not perform excellently. You must make sure to reach out to your buyers.
Consider yourself as a seller already. You can make prices suit your hard work but make sure not to overprice your bed sheets.
Apparently, you are after the profit which is okay but you must consider the toughness of the economy while stating your price. Use competitors’ prices as a yardstick to determine yours.
Requirements
- A reputable tailor to sew a good bed sheet.
- A suitable place where you can purchase quality bed sheets or fabric at affordable prices.
- Enough capital, not necessarily much money.
- A shop or warehouse to store fabrics or bed sheets.
- Good labeling of the bed sheets.
Why you should start a bed sheet business
- Bed sheet business is straightforward to start up.
- It is comfortable and convenient to manage.
- The startup capital is adjustable and, thus, affordable for you to start.
- Bed sheet business can be run on a part-time basis. You can even start a business and employ a manager.
- Bed sheet business can make up to $100,000 per year.
- The estimated request for bedsheets is high. For example, a survey shows 41% of older Americans will not sleep without a top sheet or bed sheet.
- Bed business does not require big stores, you can run it anywhere that is suitable, even from your home.
How to Make Money Selling Bed Sheets
There are three unique ways you can start a bed sheet business. You have to decide how you are going to start the business. You can start by selling bed sheets that are made already, selling bed sheet fabrics to people, or reselling bed sheets and bed sheet fabrics.
1. Selling bed sheets that are made already
If you must start the business using this method, employ a supplier. Your supplier does the job of buying the bed sheets, re-sewing, and packaging them.
You are only required to sell them to people and make your profit. This method is more comfortable and convenient for those who want a part-time business.
2. Selling bed sheet fabrics to people
This second method is less expensive, but the disadvantage is that it can be stressful.
However, you want to package and label the bed sheets before selling them. This improves your business-standard.
You will have to:
- Get a good tailor or sew the bed sheets yourself.
- Own a customized package for your bed sheet packaging.
- Use quality fabrics for the bed sheets.
3. Reselling bed sheets and bed sheet fabrics
This method is quite expensive to start. It involves selling bed sheets and bed sheet fabrics to people. It is advisable to get stores where you would be displaying the bed sheet and the fabric to prospective buyers.
You are to buy the bedsheet and the material in large quantities and sell. Buying in small amounts would demand from you extra money and time.
Capital for starting a bed sheet business
The capital needed to start a bed sheet business depends on your business expectancy. However, the bed sheet business is accessible and less expensive to run. Despite this, it can pose difficulties and become costly if you choose to increase standards.
If you have enough capital to lease for the business, it is advisable to go deep into it. Here are some of the things you must know and have.
- A store.
- At least one employee.
- Carefully crafted business plan.
- Wider customer base.
- In-Depth knowledge of the business. Don’t venture into what you know little about.
- Insurance as a backup in case of unexpected happenings and damages.
- Proper understanding of the business environment.
- Frequent brand and business advertisement.
Can you start a bed sheet business with no capital?
You can start a bed sheet business without capital.
Here is a little secret for those who intend to start a bedsheet business with no capital.
Find a major retailer
Since you don’t have the money to buy, you will be working directly with this retailer to help you make supplies.
With a simple agreement in place, the retailer lets access to the bed sheet for sale. This becomes some sort of affiliation you earn from affiliation.
Find clients
This is the most challenging part. I have outlined how to find clients using several digital marketing techniques (Instagram, Whatsapp, Facebook, and other social media platforms).
All these channels will help you find clients. Once you get a client who needs a bedsheet, here’s the next thing to do.
Get the bed sheet from your supplier
Contact your supplier to provide you with the materials. Remember that you only deliver to the client after paying (for those far from you). In most cases, you collect money for logistics to make deliveries to distant locations.
Remit the money and keep your commission
After the sales, you keep your commission as earlier agreed with the retailer.
With this, you make the most money to start yours.
Advertising your bed sheet business
In business, one of the ways to boost income yields is through regular adverts. Whether the bed sheet business l is low or high, you need to advertise.
There are many ways to advertise your bed sheet business:
Instagram Marketing
This is one of the best places to advertise the bed sheet business. Instagram has a very high engagement rate for businesses that require visuals.
If you can get quality sample pictures of your bedsheets, you can sell your materials faster on Instagram.
Whenever you share photos of the bed sheets, ask your followers to share them with others. This helps to increase your Instagram audience and business. The more likes and engagements you can harbor, the more visibility your page will have.
Facebook Ads
When you start a bed sheet business, use Facebook Ads effectively. With the Facebook ads, your bed sheet business takes a new turn. Paid ads are the best because Facebook will show your product to a broader audience.
There is a technique that can bolster your bed sheet business on Facebook. It is a technique that most people aren’t aware of. When you upload your business photos on Facebook, snap and post the beddings ‘Before’ and ‘After’.
After pictures show your audience the effect of having your bed sheets, they want to have theirs look the same when your followers see this.
Bedding forums
Join the bedding forums that target your location. Look for forums with good engagement, this means many users can market your bed sheet and also learn basic business strategies. At first:
- Create an account.
- Open a thread, precisely about your business but do not advertise your bed sheets so the administrators do not suspend your account.
- Make posts of beautiful pictures of your bed sheets and share some real-life tips.
- Do not post links to your bed sheet business until you enter a contract with the website owners.
- Upload testimonials from clients (if any).
- Paste the link of the thread on your various social profiles.
Flyers
Issuing flyers or handbills is another way of advertising your bed sheet business in Nigeria. Places you can share flyers include:
- Colleges
- Hospitals
- Homes
- Hotels
- Public Sit-outs
- Eateries
Other ways to advertise include:
- The radio station
- TV station
- Local newspapers and magazines
Final thought
Making money selling bed sheets is no walk in the park but ensure to keep learning always.
Of course, you will face ups and downs but your ability to bulldoze through the difficulties become your experience.
Do not overprice your products, buyers prefer honest and affordable sellers only.