Goods that are always high in demand.

capri

Somewhat Known
Member
Jun 12, 2023
745
28
Dex
$0.000
Raw Dex
$0.010
You are right. Products and services that serve humanity's basic needs provide highly attractive business opportunities.
This is the reason why many business persons in urban areas are obtaining income from ramshackle structures that they rent out to people needing shelter.
 
AgoraForo - Digital Marketplace & Freelancer Forum

Niyi Briggs

Well Known
Member
Nov 27, 2022
7,825
318
Dex
$0.000
Raw Dex
$0.100
You are right. Products and services that serve humanity's basic needs provide highly attractive business opportunities.
This is the reason why many business persons in urban areas are obtaining income from ramshackle structures that they rent out to people needing shelter.
Accommodation is one thing too that would command a demand if it is sited in a populated area. Food on the other hand has no condition as it is always high in demand whether in rural or urban settlements especially the staple foods.
 

hastral45

Notable
Member
Sep 16, 2022
3,808
323
Dex
$0.000
Raw Dex
$0.000
Staples food remains one vof the highly demanded commodities because of its essential. Food is inevitable in our lives for survival. There are some goods that may not be bought in a year but food cannot experience this. Those that are in food selling business could bear witness to this fact.
 

Stardom22

Very Familiar
Member
Sep 1, 2022
13,247
565
Dex
$4.300
Raw Dex
$0.517
Essential products are those that people need to survive and maintain their quality of life. Examples include food, clothing, shelter, healthcare, and personal hygiene items. These products are in high demand, making them easy to sell, even during economic downturns.
Yes for sure. Entrepreneurs that engage themselves on the businesses of the essential and basic goods are actually likely to thrive since they doesn't face downtime.
 

Abdul01

Unfamiliar
Member
May 25, 2023
312
13
Dex
$0.000
Raw Dex
$0.000
Accommodation is one thing too that would command a demand if it is sited in a populated area. Food on the other hand has no condition as it is always high in demand whether in rural or urban settlements especially the staple foods.
You are right, everyone needs a better accommodation, this could be more profitable when built as an hostel near college or university areas as students are always in need of accommodation.
 

Etini Willie

Notable
Member
Nov 22, 2022
3,421
93
Dex
$0.000
Raw Dex
$0.501
Staples food remains one vof the highly demanded commodities because of its essential. Food is inevitable in our lives for survival. There are some goods that may not be bought in a year but food cannot experience this. Those that are in food selling business could bear witness to this fact.
Are you even talking abut a year? Let's look at it like this. If you are selling a staple food like rice that majority of people consume. And there are 100 people living in your street, there is no way you won't get twenty people in a week buying rice from you at an average and that is even with fierce competition.
 

Niyi Briggs

Well Known
Member
Nov 27, 2022
7,825
318
Dex
$0.000
Raw Dex
$0.100
I think that food items shall always remain in demand no matter what. However, this depends on the kind of country and the economy. Not all the people would prefer fast food.
What do you even mean by saying that food is not profitable in all countries? Those countries' citizens survive on oxygen alone? Food business would always be in demand in all countries across the world.
 

Abdul01

Unfamiliar
Member
May 25, 2023
312
13
Dex
$0.000
Raw Dex
$0.000
I think that food items shall always remain in demand no matter what. However, this depends on the kind of country and the economy. Not all the people would prefer fast food.
It's true that not everyone likes fsst food, but it's actually not about fast foods in this case but raw foods since people can't do without food for even a single day.
 

capri

Somewhat Known
Member
Jun 12, 2023
745
28
Dex
$0.000
Raw Dex
$0.010
I wouldn't say that clothes are always in high demand because there are some people who can go a complete year without purchasing any clothes for themselves.
Yes. Clothes are not necessarily in high demand at all times in every segment of a market.
A businessperson can however successfully generate demand for a product by carefully applying certain marketing skills. This is the reason why people sometimes find themselves purchasing unnecessary items.
 

Starmix

Popular
Member
Sep 2, 2022
30,172
3,698
Dex
$4.100
Raw Dex
$1.052
Food is the basic need of mankind and that is what people are doing this time in their own capacity to do business through selling cooked foods to satisfy the hunger of the community. It is also a very profitable business. There is give and take .
 

hastral45

Notable
Member
Sep 16, 2022
3,808
323
Dex
$0.000
Raw Dex
$0.000
There are major products that commands high demands based von their essentiality and the quality of such products. There are products that are essential and do not have close substitutes. Those kind of goods and services have high demands.
 

Heatman

Team Lead
Member
Jun 14, 2022
5,831
301
Dex
$0.000
Raw Dex
$0.020
Staples food remains one vof the highly demanded commodities because of its essential. Food is inevitable in our lives for survival. There are some goods that may not be bought in a year but food cannot experience this. Those that are in food selling business could bear witness to this fact.

No matter what is happening in our country and the economy, food is always going to be in high demand as long as people are still alive because they will definitely eat.
 
Back
Top