Business Ideas Which one is preferable between local and town market?

[sunnystar]

As we know that someone needs to research before investing in a business so I want to know as a fresh graduate which market to go for for my selling of male and female wears. First of, Market is a place where buyers and sellers are in contact with one another to sell goods and services such as local markets which are markets for local people and situated in villages while town market is an urban market which is situated in town and strategic places. However which of local and town market could make large sales as we know everybody loves new clothes?

 

[moonchild]

You don't have to sell to none, sell your stuffs online and save the rent money or invest them in ads to drive sales, as a graduate, be smart and avoid doing things the old way, there are guys on Shopify banging out a lot of dollars selling stuffs online without having to meet the customer.

If people are tech savvy where you live you'll be able to make bank that way, unless otherwise then shop might be an option, selling online is damn easy, you can get a store up and running in an evening and get your first sale in the morning.

 

[Etini]

Determining between selling in a local market or a city market depends on the specifics about the clothes you have on offer for sales. And I think the major determinant is the price of the clothes you have on offer. If they are designer wears, they are expected to be more than the range that a typical rural dweller can afford, that automatically means you would target the urban dwellers. If it is foreign uses and clothes, you can target the rural dwellers.

 

[King bell]

Factors such as target audience, business model, offerings provided on the market and growth objectives are often taken into account to make a choice between a local market and a town market. Determine which one is most suitable based on your audience’s demographics and preferences. Think about whether there are any other opportunities for expansion in both markets. It is important to take into consideration the customers’ convenience, accessibility as well as operating costs. Therefore local markets would have lower costs while economies of scale might be gained from town markets. Also consider how much room for flexibility and adaptability you will have under either business model before deciding on what is best for your company.