Lunar New Year, a significant holiday in Vietnam, is a time for families to gather, enjoy the festivities, and prepare delicious meals and gifts for their loved ones and friends. It is also an opportune moment for businesses to generate income by offering products and services that align with the traditional Tet atmosphere. In this article, we will explore the popular and potentially profitable items to consider for your Lunar New Year business endeavors.
What to Sell for Tet? Popular Business Products during the Lunar New Year
1. Lunar New Year Food
Running a Lunar New Year food business is a popular and lucrative field during the Tet holiday season, as people often seek traditional products for the festivities. Sticky rice cakes, candied fruits, cashews, lotus seeds, spices, and ingredients for traditional dishes are great choices. Additionally, packaged food products, Tet gift boxes, and pre-cooked meals also have a market.
2. Cosmetics
Cosmetics, skincare, and new fragrances are always the top choice for women during the Lunar New Year. Sisters often prepare for the new year by indulging in their favorite beauty products. A beloved bottle of perfume can also be a well-deserved self-gift for everyone after a year of hard work.
3. Fashion
Today, we can shop year-round, with fashion being updated every day and every month. However, everyone wants to wear a new outfit during the spring days to visit relatives and friends during the Tet holiday. Furthermore, Tet features distinctive fashion items like traditional áo dài and trendy footwear that follow the hottest trends each year. Grasping this year's fashion trends can be a great business opportunity.
4. Flowers and Tet Ornamental Plants
Spring is the season when flowers bloom abundantly. Ornamental plants and fresh flowers are symbols of freshness in the new year. Running a business involving Tet flowers and ornamental plants has significant profit potential. In particular, flowers like apricot blossoms, peach blossoms, and kumquat trees, which are traditional Tet symbols, are always in high demand.
Additionally, each year, flower enthusiasts seek a new trend to decorate and embellish their homes. Renting ornamental plants in sets of apricot, peach, and kumquat trees is also a popular service as it allows buyers to reduce costs while sellers don't need to invest further capital in the following years.
5. Tet Gifts
Gifts are an essential part of the Tet holiday. Running a Tet gift business is a highly promising field, as during Tet, people often seek meaningful gifts for their loved ones and friends.
Entrepreneurs can sell traditional gift sets like Chung cakes, Tet candied fruits, cashews, wine, and more. In addition to this, to increase profits, business owners can offer gift wrapping services for Tet presents. This service includes selecting gifts and creating elegant packaging. For those less crafty, there are many suppliers offering pre-packaged gift sets that can be easily customized according to the customers' requests.
6. Art and Handicrafts
Stuffed animals, hairpins, bags, decorative items, cards, bracelets, jewelry, and more at handmade stalls always catch the eye of many passersby. In particular, the jewelry line is the bestseller because many customers come here not only to buy unique photo accessories but also to get new jewelry for Tet.
7. Jewelry
Similar to clothing and footwear, jewelry is an item that people increasingly prefer to purchase for the new year. There are more and more suppliers offering a diverse range of designs to meet consumers' demands.
Above is Part 1 of the article What goods should you import for Tet 2024 business? See also Part 2: What to sell for a lot of money during Tet? Some items bring big profits during Tet and things to note when doing business during Tet to earn huge profits!
