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/biz/ how do I find out what a certain country is in desperate

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Thread replies: 19
Thread images: 3

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/biz/ how do I find out what a certain country is in desperate need for, what is extremely expensive in said country because there is such a great need for it and sell it to those people?

I have a great deal of need for money, I will be visiting that country and that is how I intend to survive while I am over there.

What is the right questions I should be asking? What should I research. I know it could be really obvious but I don't quite know how to go about this step.
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>>2101147
bump desu ne
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>>2101180
thanks dude. perhaps another bump.
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>>2101207
have one bro. i dont know how many times i can bump
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>>2101216
perhaps you can help me? do you have any idea where to start?
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>>2101147
Is this a first world country?
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>>2101220
i guess tell us what country you're going to for starters
i probably cant help but I am interested
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>>2101222
No. I do not believe so. It is in Latvia.

>>2101233
Sorry man. Latvia.
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As someone who makes a living from importing and reselling foreign goods I do not think you will be able to find an opportunity for straight arbitrage in a European country (but I could be wrong)

Any commodity product that is not contraband will be so competitive you can't make a profit. It's very unlikely there will be a shortage of anything.

What you need to do is find a problem and import a product that can solve it. You don't want people phoning you to buy 100 widgets, you want them phoning you because they have a problem and your website popped up when they googled the problem.

So it doesn't really matter what the product is, what you need to do is identify a problem in Latvia that needs solving

Hope that makes sense
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>>2101273
That makes perfect sense. You have definitly given me the starting point I am looking for.

I believe I am smart enough and capable enough to pull this off, I also have a reasonable grasp on finance and business but for some reason when it came to this, I think I overwhelmed myself with question and possibility.

If you don't mind me asking, what do you do for a living?

(Also thank you very much for your reply)
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>>2101147
Try asking boards with flags.
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>>2101295
Did that, they were to interested in porn I am thinking.
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>>2101273
Sorry, I re-read. I know what you do. Can I ask how long you have been doing it?
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>>2101286

>If you don't mind me asking, what do you do for a living?

I intentionally omitted that because it is an extremely good niche for me and I want to keep it that way. I am consistently making 60-70% profit on the products I am selling which is phenomenal and ripe for competition. Obscurity is protecting my margins.

But it's not because there is a shortage of these products, anyone can buy them on alibaba for cheap just like me, they just don't know what products they need while I do.

Suffice to say I am importing some extremely obscure commercial equipment

>>2101313

I have been running my business for 5 years now
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>>2101318
What country are you in, if you dont mind me asking?

Perhaps we could be of use to each other in one way or another?
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>>2101326

I am in Australia
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>>2101328
Me too, for the minute.
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>>2101342

well good luck friend

you could even start just by poking around alibaba and looking for something unusual but useful. something you've never heard of before.
>>
>>2101365
Thank you sir. I will. You have made my entire month.
Thread posts: 19
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