RE: Sam’s Hangout #131 - “IMPORTATION & LOCAL INDUSTRIES"

The fact that we are moving digitally has made importation advantageous more than its possible down sides. And because of that, I believe it has also created more opportunities for people.

People can be very busy, lazy and even ignorant about how to import goods so they will still need the help of these small vendors and businesses. I believe that there will always be people that prefer to go to the local market to get what they want rather than place an order online and that also means there are opportunities still for our local businesses.

In every way that I think about it, opportunities are limitless because we have so many people on this earth with various preferences.

If some local businesses are not doing well, it is because they lack the insight to market what they sell well. You can’t be selling something these days and say you don’t like social media, that will only mean you have lost more than half of your potential buyers.

I believe that’s why we even import things in the first place. These businesses do their publicity so well and when we see we can get better goods at even cheaper prices, we will definitely go for it.

Placement matters a lot in determining people’s preferences most times.