selected opportunity
The opportunity is that there are a lot of fashion and design trends in the market of teenagers and young adults that do not like “mainstream” trends and want to decorate their interior or dress in a unique way. These styles are known as “retro” or “hipster” trends that want to find clothing and designing ideas that may ‘identify themselves’.
product/service
My products (that I am opening in real life) is an e-commerce based storefront on Etsy that bases of the Otavalaenian culture in Ecuador. This storefront would consist of many different revenue drivers such as:
o Hammocks
o Inca Pants
o Bags
§ Large
§ Medium
o Small Pouches
o Wine Balancers
o Tablecloths
Each product has many variations, and these products are only the beginning of my storefront launch. The artisan market of Otavalo is a huge non-sleeping market that sells the most colorful, texture-mix and gainful artisan arts and crafts in South America. This is a unique opportunity since my parents work 20 minutes away from the market of Otavalo in Ecuador and they may send these product for my storefront in Etsy. I have past experience in e-commerce such as Search Engine Optimization since I already have a buisness in Amazon and eBay.
Hey Sebastian! I think this is a really cool idea and can be profitable as you are doing this for real. There are so many trends out on the internet now and people are willing to spend a lot of money on items to get the look and aesthetic. This would also be a good way to introduce people to a new culture. Though this wouldn't be as life changing as your nicotine patch idea, this would bring people happiness and is something you can do right now and make some money with it.
ReplyDeleteThank you for providing pictures of the products. I definitely think it is very unique and would appeal to "hipsters." I definitely think that the e-commerce business plan is a great idea, as it would reach out to many customers around the nation. However, If done properly, I think open a store would be profitable. The only problem is since the market is limited so you would definitely have open the store in a location with many of the targeted consumers.
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