Vietnam is an agricultural country, so the demand for seeds for cultivation is very large. In addition, the movement to use clean products is very popular. Many urban families also take advantage of rooftops to grow green vegetables for their families. With just these two reasons, we can see the good development potential of the seed business sector in the future.
The "old" business sector but with much development potential
Seedlings, seeds are indispensable inputs of the cultivation industry. In recent years, the seed market has received a "new breeze" from ornamental seeds, unique and strange flowers. Based on the average double-digit growth rate of the entire industry, it is forecasted that by 2020, the scale of the plant seed market in Vietnam could reach 1.7 billion USD. The demand for commercial seeds is estimated to increase more than double, accounting for about 70% of the cultivation area within the next 5 years.
This is exactly the fertile field for investment and development in the future. Besides that, the "green" living trend is receiving positive support from many people, an important stepping stone helping agricultural products such as seeds have the opportunity to develop strongly.
How to start a seed business with low capital?
To save costs on premises and investment capital, focus on developing the brand and online business in the first 5 – 6 months. When the store already has a stable customer base and is widely known, investing in developing a "real" store will be easier.
However, since the current market already has quite a few agents and stores specializing in plant seeds, if you want to successfully start a business in this field, you need to equip yourself with the necessary knowledge. Start paying attention to plant care techniques, learn from the internet, books, or experienced people. Sharing planting and cultivation care experiences regularly on the store's fanpage helps you build trust with customers and expand a larger buyer network.
The most important factor to build the store's reputation is seed quality, ensuring a high germination rate of about 80%. This depends heavily on the quality of the supply source. Therefore, you must carefully consider and check the quality of the seeds imported. Build a reasonable return policy to create trust with customers. In addition, a warm attitude towards customers, diverse seed varieties, etc., are also important factors contributing to making the business more attractive.
Steps to prepare to open a seed business store
Although it is considered a good business field with much potential nowadays, successfully doing seed business is not simple. Seeds include many different types of plants, different selling prices, and very diverse sources, etc. Therefore, you need to identify the store's main product to use the initial small capital well.
Some wholesale seed suppliers you can refer to include: Nha Ho Plant Seed Joint Stock Company (Ninh Thuan), Southern Plant Seed Joint Stock Company (Ho Chi Minh City), Viet A Agricultural Development Co., Ltd. (Hanoi), Lam Tai Vegetable Seed Production Co., Ltd. (Lam Dong), Tan Dat Agricultural Production Service Cooperative (Vinh Long), etc.
Popular seed types that attract great customer interest are various vegetable seeds, sprout seeds, spice seeds, fruit tree seeds, flower seeds, medicinal plant seeds. The current seed market is extremely diverse, offering many choices for customers. Besides selling seeds, it is advisable to combine selling supporting products such as organic soil, foam boxes, planting tools. Thus, customers can buy all necessary items without having to spend time going to many different stores.
In addition to the traditional store model, online business is a popular choice nowadays. You can reach customers through various channels such as Facebook, Zalo, Instagram. This method is both economical and quickly expands the customer network. Traditional stores also have their own advantages, such as buyers being able to directly check products and tools, so they can make purchase decisions more easily.