Wednesday, July 1, 2009

Business Trends for generating Business Ideas

1. Cocooning – As the name implies, Cocoon. Home is where the heart is. A number of people (now) want to earn from home. Why stay at home? Well, less expenses maybe, or tired of working for somebody else that an everyday routine is sickening them.

Opportunities can be found here. Your target Market would be of course the people who want to stay at home. Some Business could be Online Movies, Food to be delivered onto their doorstep or other similar products.

2. Fantasy Adventure – Everyone has a dream. The rise of dream shows like American Idol or Dream Academy and even big brother are some of the ideas that could be made from this trend.

3. Ego-Statements – Differentiation. Individuality. Young Adults prefer to stand out from the crowd. (This could be rooted to our replication value)

Eccentric products are the opportunities I see here. From shirts with intriguing designs, to other products that offer sophistication. Eye catching

4. Cashing out – Earn Big and fast, then retire. People are hungry for a simple lifestyle. Sometimes what we want is to just experience things. Sad to say that money is a means for achieving them.

For business opportunities, game shows could be good. However maybe you just don’t have enough capital for that so… You could try a school that teaches techniques how to earn cash fast.

Make solutions and sell it.

5. Down Aging – Age is a limiting belief. Adults want to stay young. And the young don’t want to be adults. (This could be rooted to our replication value too.lol)

Cosmetics! Cosmetics are a god example for this. Cosmetics are not really the products that the costumer wants, what they want is the hope to be young and good looking again.

6. Staying Alive – Here in The Philippines a number of health products rose from the market. From liver herbs to supplements for the heart etc. Many are now becoming concerned about their health.

You could try a gym business. You could also venture into health products or gym products.

A lot of MLM here in the Philippines has health products as their offering.

7. Too Many things to do in a short span of time – People are really becoming tired. Is it because of the unstoppable nature of development?

Entrepreneurs want more profit that is why they hire more people to do more work. So what happens is that this people will ran out of time for themselves. Even companies will have a limited supply of time.

What we can do here is to outsource services. Students pay others to do their research works. Businesses hire manufacturers to do their products etc.

You could try food services, like sandwich for those people who eat while travelling. lol You could try being a middleman too.

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