What kind of business would thrive in a students dominated location?
- Thread starter IB D
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You are on point on this part. I do agree that affordable meals can bring happiness to these students and can gain profit from them. It is a win-win situation for both parties.
Yeah, most students do not have the time to cook their own meals. So offering this kind of service can be a win-win situation just like you have stated.
A cafeteria is very important for students. If a business person can secure a space to run it on campus, it would be very lucrative. Fast food business would also boom in students environment..
These are millinneal students who tend to be overspending with their allowances. During my time, we tend to be more practical by cooking for ourselves and save the money for other things.
That's true, things are really changing very fast. I also try as much as possible to cook my own meals as a student because it saves me a lot of money.
Most students don't have time to cook for themselves.
It also happens here and people who are into food business makes a whole lot of money from it.
I think a grocery shop would do well in this kind of location. Selling cooked food and also selling foodstuff would work. Providing research services would work and also selling science equipment.
There are good number of people who deals on grocery products here and they make a lot of profit. In students' area such businesses are always very profitable.
Especially building blocks of hostels with good facilities like stable electricity supply , stable water supply and the likes which student can afford , fast food is also another because students feel tired to Cook after a long day's work.
This is something that a lot of female students will always be interested in buying because from my experience with ladies they always like upgrading their fashion.
Selling bags and shoes would always surely work in an area dominated by students. The strategy to use here is competitive pricing. When it is a bit cheaper than what they can get outside, they would surely buy.
Well first of all you need to know what kind of students attend a certain area. In fact they can be: elementary school, middle school, high school or university students. It is obvious that each group of questions has different requests. However I believe stationery would be something common for everyone.