Friday’s blog
Gold/Gemstone Prospectors Store
CONCEPT: A specialized store for amateur/semiprofessional gold or gem prospectors. Many individuals enjoy this pastime as an outdoor hobby and are willing to spend considerable sums on getting the right equipment – dredges, metal detectors, sluices etc. One variation is to set up the business as an online store, possibly within eBay, even as a stepping stone to a ‘real world’ store.
How I understand it like gold-rush in America 19 century. Equipment for this hobby is really expensive and how much gold you find not comparing with expenses. Not a lot of people want to do that. It’s a small gap in the market. You can’t have a big profit. Plus it’s just a season market!
Diseconomies of scale
7 years ago
1 comment:
1. Seasonal market!
2. Picture?
3. Wesite?
4. Strengths/weaknesses?
5. Competition?
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