I am trying to save the value of my money by convert it into goods that I can sell, the money value is decrease but the product value is not. but it is so hard to create successful business, now I am still trying to analyze the market so I can optimize any resources that I have for that business. the risk is influence my life so I need to be extra careful.
The goods that you would be purchasing would have a long expiry date unless it is something like clothes or goods that don't expire. This is a good strategy, but it will take time to sell them, and sometimes they won't. I've been into the clothing business before, but there are really times that I haven't sold items, and when I've closed it down, those items are still here with me even if I post them on social media for sale. You find a good product that most people will buy and make sure it is quality because you can't save the value of your money if you can't sell it.
I have been wondering about this, where do the products that take long to expire go when they are not able to sell? With your explanation, I now understand that it stays with the sellers for as long as they cannot sell it. I'm surprised that even good deals and sales cannot get rid of those products but also understand that because the trend of some designs expires with the interest of consumers some products just remain will the seller for a long time or sometimes even for good. With your response and shared experience, it is emphasized just how important choosing your products is due to the outcome it may receive.
You've seen how risky it is to assume the wrong things about what customers desire because unsold goods remain on the market for a long period. The stockrooms of merchants frequently turn into cemeteries for unwanted and obsolete items. These outdated products serve as a sharp reminder of errors, poor judgment, and the final demise of trends
Cultures that did not evolve or make an effort to predict what would happen frequently perished. The effects of a stagnating economy will always be felt by companies that don't understand what their customers want or don't have a good strategy for their products. The true cost includes not just the cost of the unsold goods but also the time, money, and resources that are wasted