Startups and Entrepreneurs never fail to recognize their potential business field in any given circumstances, be it during happy moments or while tackling disasters.
Now that wedding season has already arrived, and all one can hear is wedding drum rolls and crackling of crackers but only a business mind can hear the sound of opportunity and money.
Currently, the Indian wedding industry is over Rs 100,000 crore and is growing at 25 to 30 per cent annually. The estimated cost of a wedding with no expenses spared could be between Rs 5 lakh to Rs 5 crore, in India.
It is one of the most flourishing businesses, which will never see a dark day in India, where people tend to spend one-fifth of their lifetime income.
Here are the most promising and profitable business ideas for startups that can lighten up the Indian wedding industry with little investments:
1. Wedding Planner:
India wedding planner industry has seen significant growth over the past five years. It has been anticipated to grow to INR 1.6 trillion by FY’2020 thereby displaying a CAGR of over 10% during FY’2016-FY’2020.
These days no wedding is possible without wedding planner, because they are the ones who are well equipped to make the wedding ceremony go smooth, look colorful, along with taking care of every guest individually.
The best part is the wedding planner has to arrange people and execute things as per plan and the budget is being taken care of by the respective family.
2. Make-up Artistry:
If you know how to blend the contours or to draw perfect wings, then you cannot run this business, you need to blend the artist in you with the business mind. Make-up artistry is all about knowing the fine techniques of makeup and cosmetics, to add heavenly touch into the beauty of the brides and grooms.
There are zillion of DIY tutorials available online, but the mastery of art belongs to some, that is where the business takes place.
All brides and grooms look forward to look the best on their special day and they are ready to pay anything asked for, to the authentic make-up artists.
3. Wedding Photographer:
Pre-wedding shoots, after-wedding pictures and ceremonial videos with perfect brushings and niche editing are in fashion right now. Earlier, people used to paint their dreamy wedding pictures in their mind while admiring the actors and actresses on screen, now they want it to happen in real life, which is why the sudden rise in demand of wedding photography took place.
All you want is professional cameras, professional team and professional studio and you are sorted for life. You can earn well, eat good food for free and have the extreme fun, which takes place in weddings, what more can you ask for, for a living.
4. Wedding DJ and Dance Choreographers:
How can a wedding take place without music and songs added to it, well that gives another opportunity to start a business as wedding DJ. Almost all the ceremonies especially in India, where weddings are affair of a good fortnight long, and every day a new ceremony follows up with new songs, dance moves and fun.
If you think you have a hidden DJ in you and who can deal with loud music for most times of his/her life, then this business will surely bring success on you way.
Talk aboput dance performances of kids, youngsters, bride shenanigans and grooms shenanigans along with older people, all want to sway with the tunes, leaving a huge podium of opportunity for wedding dance choreographers.
This wedding season just tune in with the DJ and choreographer and rock the wedding seasons by giving business to those who deserve.