I have another plan. I want to have an online business. I want to open a business niche with virtual goods and once people choose the ones they like, that's the time that I will provide them with the physical goods to be delivered direct to the door.I have to utilize time because time is gold and we are facing an extended rate of inflation. This inflation seems never end so we have to fight this inflation with our positive mindsets.
Creating a business niche
- Thread starter Starmix
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- #3
There is no tax to pay in an online business only in the offline business. That's one advantage of creating an online busines. The only thing to do is create a website for people to enter and buy the items if they like.
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I am going to display branded shoes, clothes, jackets, bags, and more. I already have a contact seller of these stuff and the owners are happy to have their items be on display. I will only earn 20 percent commission. They will take charge of the delivery and the fees.
Sounds like a good idea. Talking about business niche. It does help you to gain competitive advantage by offering something which is different from the generic products or services. The business owner needs to be creative to be successful.
Which means it is more like an online store where you post pictures of different products, when an individual sees what they like, they can place an order, then you make purchase of the product. In this way you don't have to go through the risk of buying a product and not getting sales.
With diligence, the business plan could become a reality. It is a business model that has worked well in so many other instances. All you need to do is to promote the platform you are using as much as possible.
