Practicing Success
Ramdas was a small time trader and used to sell goods of daily needs from a small shop in a B grade town of India. After his death his son,Gopal, took over the business and gradually started making changes in the way goods were sold. The first change that was brought was to deliver goods to customers' homes at no extra charge. This small step brought a big change in the customer base of the small shop now owned by Gopal. Gopal used_______ idea field. |
Market driven or demand driven ideas Service sector ideas Natural resources Trading related. |
Trading related. |
Trading these days is not limited to ordinary grocer or distributor outlets. With increasing consumerism, the scope and nature of trade has enlarged; local trade, import and export, e-commerce are all making trading a very wide area of enterprise. Trade, in simple terms, is buying goods and services and selling them to consumers at a profit. One big advantage that trading has over other types of businesses is that, it is easier to launch and less risky. |