IndependntLogic
Senior Member
- Jul 14, 2011
- 2,997
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I was hoping to get some feedback from yoiu guys on what would be the more succesful business plan.
I was thinking of producing a certain product in mass quanities with a hope that the result would be because there is mass quantities people would just natrually buy the product.
My alternative plan was to offer a product in a test manner to see what the market wanted and what people would buy.
Which aaproach do you think will result in a more sustainable business?
While most businesses would do better with the second model, Wal-Mart became a country unto itself, by employing the first - at least as far as buying in mass. It didn't even matter if what they bought was something people wanted. When you can buy an electric ankle scratcher for 49 cents, a lot of people are going to buy it just in case their ankle itches someday. My wife recently bought a cassette organizer. When did she buy it? A few months ago? Why? Did she need it? Have we even SEEN a cassette in years? Nope. My daughter puts all her earrings in it.
Wanna throw out another super-generalized, leading question that is obviously there solely in the hope that someone will fall into your clever trap?