Strategy for Profit making

Business women at Entumbane Flea Market are making profit by differentiating their prices from those of other flea markets. Their prices are much higher than those of other markets. In this way they manage to make profit in order for them to survive.

entumbane flea market. pic by patie

The business women differentiate their prices with a difference of US $1 or more. Clothes that cost US $5 in other Flea Markets they price it to US $ 6. This is a strategy for making profit. Business becomes easy in that way.

They said they also sell China items to boost their business. This is so challenging though, as they will be selling something that is cheap in China shops.

entumbane flea market. pic by patie

This Easter holiday their prices where high as they were targeting buyers from outside to buy their staff. The business was going slow. They were expecting their business to run fast but this became the opposite.

According to business business management is not easy it needs someone who has patience and be in a position to accept any difficult situation.

The challenge faced by business women at Entumbane Flea market are the shortage of buyers. They said few customers come to buy their staff. Flea markets in Central Business District (CBD) benefit a lot than those outside CBD.

As business women aiming to make profit they try by all means to attract as many customers as they can. Business women should have a skill on how to keep customers coming to buy her staff.