Toys have steady demand from families and gifting, with growing interest in Indian-made toys. A clear model and safe, quality stock decide success. Here is how to start.
Decide whether to retail toys, wholesale to shops, or make them. Retail needs a shop and variety; wholesale needs volume and retail buyers; manufacturing needs moulds, material and compliance.
Toys must meet safety norms, so buy from reliable manufacturers with the required BIS certification. Safe, quality toys protect children and your reputation, and avoid legal trouble.
Register for GST and bill toys at the correct rate. Price for a fair margin, with better rates for bulk, and factor in fast-changing trends when planning stock.
Sell through a shop, online marketplaces, or wholesale to retailers. Toys follow trends and seasons, so track what sells, keep fast movers stocked, and avoid over-ordering fading fads.
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