In business, especially when you buy things in bulk and resale.
A lot of things happen and should be considered, in other to make profits fast.
In every business the main thing or end product is profit and gain, when this is not seen then I believe it's not a business.
In every business there is channel to profit and gain, it depends on when you get it.
Some earn theirs early, while some earn late or it takes a while.
My business strategy is always focused on cashing out real quick, except when the system or nature delays it.
But with my will power I fight to make gain quick, get new products and continue the process.
To others it doesn't matter when they sell especially when they are dealing with non perishable or quick to expire goods.
To me makes sales quick remains my ultimate goal, because I buy goods for people to buy not to store them.
No matter what, I go for the best, and any product I am not too sure about I get few of it.
I get it plenty when it moves quick with people purchasing it.
Another strategy I use to make quick sales is checking the market, if the product is surplus in the market and everybody seems to be selling the same price.
I will reduce my own price as long as I am still making my gains, sell it real quick and purchase another pack of the product and continue selling.
But if there is no much gain from the product, I will still reduce my own price from others.
Sell it real quick, cross my leg to not buying the product until when people start asking for it.
Then I will sell the same price as others.
Because most products doesn't boom long in the market phase.
For example there is this nighties that everybody is now selling.
You will have to reduce your price to sell, some has refused to reduce price and sell theirs.
When a lot of people purchase it, there will be very few that will love to own it.
Some will see it as abused wears, because everybody seems to owe it.
Then those that refused to sell theirs when will they sell?
Strategies are also applied in other to grow a coin or tokens.
If it's not done....... you know how the story end.
Same with growing a community here on hive.
These are just few opinions of mine.
I will be using this post for my participation in today's @alivechat's topic.
I will go to wearealiveand.social and promote this post.
This is called alive burning contest, making the token stand out.
If I win I will be rewarded with either alive tokens and ecency points, or HP delegation and ecency points.
Let's go go...... burn! burn!!
Thanks for reading.