If you are wondering how to behave in times of crisis, this article will be of great help. We teach you what to sell in times of crisis.
The crisis is a time for many to weep, lament, deny, and take other negative actions. For entrepreneurs, however, it is a great opportunity.
It is logical! since a crisis of a problem, a set of them, needs, etc. And what does an entrepreneur do? Recognize a need and start a business to fill it and make a profit.
But before I start I want you to identify something, because we say what’s for sale in times of crisis! But we don’t specify who is in crisis.
And we have two options:
- We are in a crisis and the rest are not: it is when you are going through a difficult situation, you have no money, you are in debt, you cannot find a way to make a living, you are unemployed, etc.
- Most of them are in a crisis: Then the country gets into a difficult situation. Here it is no longer something personal, but collective: high unemployment, scarcity (food, resources…), etc.
Now I ask you, which of the two situations are you experiencing right now? Whatever it is, in this post we will teach you what to sell in times of crisis.
What to sell in times of crisis Here is the answer!:
Because of what has been said in the previous paragraphs, we feel the need to divide this into two parts. Let’s start with the first!
#1 What should I sell at a time when my country is in crisis?
Before you start a business, you first need to see what people need to buy. So if you are wondering how to behave in times of crisis, you should analyze our suggestions and find out which one best suits the situation in your country!
In a nation where many things have become complicated and people have little money, it is difficult to dedicate yourself to something new.
For this reason, thrift stores are good business. “Maria” won’t be able to buy a new pair of shoes, but possibly used ones that are in good condition.
Two things are very important here: you sell a lot and you offer the customer a viable alternative.
Some articles that may help you:
2 rental companies:
As in the previous case, it’s a good answer to what to sell in times of crisis. When a person’s purchase gets out of hand, they have to make the choice to rent.
If you can’t buy a cell phone you have to rent it to call, if you can’t buy a house you have to pay rent, if you can’t buy an evening dress you have to rent it, do you understand me?
This article might help:
When we are in a crisis, it is not worth throwing away what we have (initially). So a repair is a good option, so we have to use it.
There are many repair services that we can offer. Such as cell phones, computers, fans, air conditioners, refrigerators…furniture, shoes, etc.
4-Buy and sell:
Although the article is about what to sell in times of crisis and what to do in times of crisis, we need to include buying too!
That’s right friend, in times of crisis people find themselves in need of many things to sell. They even do business and sell everything they don’t use in their homes at very low prices.
There we have to take advantage and buy what they sell and I’m sure there are other happier people who if they know how to buy that item, they resell it!
5-Offer “Another Alternative”:
If you look at the first 3 answers about what to sell in times of crisis, they are a second option for the customer, so a second alternative (If I can’t buy new shoes, I buy used ones if I can. If I don’t have a house I rent one, if I can’t buy a fridge I’ll fix the one I have).
However, there are other situations where we can offer other alternatives depending on the situation you live in in your country. For example:
- If there is a shortage of disinfectants or they are too expensive, make disinfectants yourself!
There are many products that you can make yourself and sell cheaper, people are sure to prefer you and save a few bucks!
In Venezuela, for example, due to the lack of corn flour, many people have chosen to take the corn, boil it, grind it and prepare the dough themselves …
…Not all people do this (for different reasons), so they prefer to buy the ready-made bulk. This means that the people who know how to make the corn dough have a good deal even in the midst of the crisis.
How do I do what and what do I sell when I’m the one in a crisis?
Here the situation changes, because in the previous segment we focused on what people need and offer it at an affordable price.
In this case we need to focus on what people need and what can cover our pockets for this business. Below are the answers to what to sell in times of crisis when I’m the one in trouble.
You need to know microentrepreneurship:
When you are in a crisis it is logical that you have no money and if someone tells you but start your own business! The first thing you will say is I don’t need to invest!
However, you don’t need to have good capital to be a micro-enterprise, you can study this concept in more detail here: What is a micro-enterprise: characteristics and much more.
But that’s fine, it’s not enough to know what micro-enterprises are, you need clear business ideas like those in the previous segment.
We also have these business ideas for you, but it’s not worth repeating them in this article because you can see them in the following link: Examples of micro businesses There are no excuses not to start a business!
These types of businesses don’t need much investment, even some don’t even need your investment. So if you’re wondering what to sell in times of crisis, this article has the answer!
So how to proceed in times of crisis?
“Crises help you succeed because they take you out of your comfort zone!”
Easy friend, first try to control your nerves and your fear. Well, both things lead us to do crazy things.
You don’t gain anything by whining, be thankful that there are ways to get ahead even in this situation, you have to concentrate and work!
Study each of the ideas we’ve shared and analyze to see which one is the most convenient. There is a lot of content on our blog that can help you. In summary:
- Control nerves and anxiety Calm down!
- Analyze each of the ideas.
- Choose the most convenient.
- Check out our blog for tips to consider when starting a business.
- Go ahead and fight for what you want.
Later I’ll be happy to see you on our brother blog, which is no longer intended for entrepreneurs but for business friends like you: «Easily manage»
What are you going to do now?
I hope that this article has been of great help to you and that the ideas we have shared can be put into practice. Remember, times of crisis are an opportunity to harness our greatest talents.
If you have any questions or concerns… please send us an e-mail or leave us a comment.
So tell us, what do you think of our article on what to sell in times of crisis and how to behave in times of crisis?
Without saying more at this point, I say goodbye. A hug! Until next time!