Business is meant to serve the demand or interest of the marketplace. Not the market serving your interest or supply.
If you must make good money from the marketplace, you must play by the rule of the marketplace demand and supply not otherwise.
We have different audience/customers in the market place and this can be categorized into the following categories base on their demand.
You only supply to the demand of the market then you made good money.
1. Necessity business category
– Health care
– Telecommunication(i.e. airtime, SMS, internet data, cable, TV and other subscription services)
– Make money and business
2. Addiction business category
– Gambling (i.e. football betting, Lotto, Lottery etc)
– Telecommunication (i.e. Internet data, Airtime etc)
3. Looking good & beauty business category
– Skin care
– Hair care/treatment
4.Convenience & life made easy Such as (House, kitchen, automobile, office,
phone and computer accessories)
5. Feel good & satisfaction business categories
– Sexual enhancement/satisfaction
– Keep fitted and weight loss
You can create or sell products/services around any of the business categories mentioned above because it really revealed to us reason and why people buy in the marketplace.
When you know reason/why people buy, you will know what to sell and how to sell to them.
You can create or sell physical/digital product from the above business categories mentioned,
we can come up with the following online business models offering product and service to them and this includes:
- Affiliate marketing
- Information marketing
- Niche Blogging
- Website design/development
- Subscription services i.e. Airtime, SMS, Internet data, cable TV subscription
- Beauty & fitness center
- And lot more… the business list is endless.
Knowing your market audience will help you a great deal to know the product that will appeal to them and sell.
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