Managing local business

Starmix

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It seems good to manage a local business to mean selling products locally made. However, as per observation and face to face interview I've made to some people in the nearest community, people tend to prioritize imported products because the local products are expensive than the local products. There are only few imported products like shampoo, toothpaste displayed most of the displays are from local. When I conducted a brief survey in the other community, majority prefer local products because of safety measures.
 
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timewo

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Local businesses can be extremely profitable in densely populated metro and large cities. However in smaller cities and towns there are comparatively fewer customers, so the revenues of local businesses are usually lower.
 

Starmix

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It is good to try to try to manage a local business to get the real thing if profitable or not. Let us start with a small one and expand it once ee the business there is booming.
 

Stardom22

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For me l found it very simple to do the management of the local businesses offline than it is online. That's because we have some ready market with us for the people we live in the surroundings.
 

Starmix

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It is best to manage local products because we know well how they are processed and handled. Those who will harm the products will be investigated and if found guilty, the jail is ready for that person, unlike the imported products. They are like virtual products.
 

Springtime

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In my place, the situation is a bit different. We have many imported products. Their quality is good and the price is reasonable. It appears that imported products have a competitive advantage here.
 

nomad

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Chinese products are cheap, therefore, a lot of people especially a low income people tend to favor Chinese products. However, European and American products are expensive and low income people avoid these products.
 

eldavis

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In my place, the situation is a bit different. We have many imported products. Their quality is good and the price is reasonable. It appears that imported products have a competitive advantage here.
Yes over here, we still have similar issue. Most of our products are usually imported, I think we rely too much on importation rather than our own local products and it seems people now trust these imported products more than our local ones.
 

Starmix

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Should you plan to manage local products make sure your target customers will be impressed the way you serve with them. Serve only authentic products or else you get lose of them.
 

Shavkat

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It is best to purchase local products. In this manner, we can help the locals gain some profit and live a normal life. However, it was not that easy. There are so many popular products that outshine them because of what they are well-known for. We need to be vigilant when purchasing certain products, either locally or internationally.
 

Starmix

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Managing a local business is not bad, it gains the business owner. What to do is maintain a good plan and good camaraderie with the people in your community. They are the assets.
 

SHAHID987

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My general store business is in middle class locality. So I don't keep imported items because customers can't afford that items. Like local soap is of $0.25 while imported is $1.
 

Starmix

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Let us always prioritise our local products. Let's support our local business operators. They give people work and easy life because they can run to your business near them too.
 

Starmix

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People need people and not all people are capable of doing a business even small because of some factors like poverty, however, they have their personal needs that can't be neglected, so they will be your customers in your local business, Love them and offer to them your honest services.
 

Kera

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Most tlmes, local products are even more authentic than all of these imported products. Shoes is one classic example in my country. Locally made shoes are far better than imported shoes.
 
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