There are different ways to offer what you want to sell to your potential clients, the decision will depend on the style of business you want to create and its objectives.
In general terms, we can highlight 5 other types of businesses that generate profitability :
1. Artisanal production
This type of business is one of the oldest in existence. It consists of the transformation of raw materials into products made 100% by hand, sometimes with the help of simple tools.
These items are made one by one, which is costa rica phone data why it is said that none of them is the same: they are unique pieces from start to finish and bear the author's stamp. In general, artisanal production is carried out in small quantities and is aimed at a small audience due to the level of demand and time involved in the production itself.
For example, the online store created with Tiendanube, Soy Oaxaca , sells products made by Mexican artisans, such as this typical huipil with San Antonio embroidery:
Example of a profitable business idea I am from Oaxaca.
And it is responsible for telling the story of each artisan and explaining the process of making each of the pieces:
Tiendanube I am Oaxaca, a profitable business idea.
However, there are cases of brands that generate artisanal products but have a large production team that can often support large quantities of orders, although this is not the most common.
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More than 30 entrepreneurship ideas for 2024
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2. Series production
Unlike artisanal production, mass production involves the manufacture of homogeneous products, that is, with the same characteristics, on a large scale and with the intervention of industrial machines.
In this way, the production of articles is much faster and less laborious in physical terms. In addition, times are considerably optimized and this allows for meeting greater demand within the market.
This type of business is run by the Truppi online store , a candy e-commerce that continues to grow and was also created with Tiendanube:
In order to be more competitive, it is advisable that the serial product has some differential, some characteristic that makes it stand out from the rest so that it does not get lost in the sea of available products.
This type of mass production is often found in the fashion industry, especially in so-called fast fashion, where clothing and shoes take the lead.
It is worth noting that, in recent years, various fashion brands have joined the slow fashion movement , which, in contrast to the previous one, involves the manufacture of garments made from environmentally friendly materials, respecting production times and based on fair trade.
Finally, it is important to mention that there are cases in which businesses that manufacture their own products (both artisanally and industrially) and sell directly to the end consumer, generate a higher profit margin than other types of businesses, often being more profitable than the rest.
3. Buying and selling
Buying and selling products is a good option for those brands that want to market items, but not manufacture them.
Production, both artisanal and industrial, requires investments such as labor, special work spaces, machinery and a series of other characteristics that, in the buying and selling business, are already resolved. In this way, the brand only has to focus on how to sell those products.