th images menu user export search eye clock list list2 arrow-left untitled twitter facebook googleplus instagram cross photos

Author Topic: Repacking Cooking oil  (Read 2947 times)

hunny8eez

  • Novice
  • *
  • Posts: 30
  • Gender: Female
  • Entrepreneur reader
Repacking Cooking oil
« on: July 05, 2008, 06:55:54 PM »
Anyone repacking cooking oil here? how much profit can you make in a big can?  how much and where can i buy cooking oil in big cans? pls need help.  thanks!

bianca.detovilla

  • Part-time entrepreneur
  • **
  • Posts: 238
Re: Repacking Cooking oil
« Reply #1 on: September 25, 2008, 03:54:33 AM »
Try checking "Cooking Oil" in the yellow pages (Commercial Industrial) then start calling the companies. Some will refer you to their bigger distributors form whom you can source your wholesale size cans.

Repacking is good business because the profit is in "tingi":

Example: sell one kilo of product with 20%margin
vs. sell 10 pcs of 100grams (1 kilo divided by twelve)  with X amount of profit.
You get much much more than the 20% if you sell the one kilo only.
Tip: go to the nearest wetmarket and have small talk with the vendors/owners (of cooking oil) and ask questions.

hunny8eez

  • Novice
  • *
  • Posts: 30
  • Gender: Female
  • Entrepreneur reader
Re: Repacking Cooking oil
« Reply #2 on: September 27, 2008, 08:24:39 PM »
thanks for the input.  i asked a friend who works in an oil factory.  fluctuating daw ang price.  medyo magulo so i opt to sort for other biz.  thanks anyway :)

 

See yourself as the champion you want to be. Read more

NEWSLETTER

Subscribe to our email newsletter for useful tips and valuable resources.

Document

Columns

How much risk should you tolerate when taking significant investments?