Etini
Valued Contributor
Most giffen product bought anywhere needs to be packaged either by the manufacturer or the retailer in cellophane bags. That opens an awesome opportunity for a new business Idea in selling cellophane bags. The business is very lucrative because packaging materials are always in demand. So how do you get to start selling this packaging material?
All you need is mobility and a coverage area. Find a catchment area that is mainly residential with lots of shops dealing with daily supplies. Pitch your supply of cellophane bags to them offering a slight reduction on the prevalent price. A 10 cent reduction in price for a bunch is enough for you to sway away those shops in that catchment area while you steadily expand into other catchments.
All you need is mobility and a coverage area. Find a catchment area that is mainly residential with lots of shops dealing with daily supplies. Pitch your supply of cellophane bags to them offering a slight reduction on the prevalent price. A 10 cent reduction in price for a bunch is enough for you to sway away those shops in that catchment area while you steadily expand into other catchments.