An entrepreneur will always look for opportunities in fresh developing areas of the economy. When we think of emerging growing markets we look to staple investments as property, banking and various ecommerce opportunities. There is a huge growing market expanding all around us that we may be oblivious of its opportunities presented towards us. This market is children.
The population of children globally is expanding. We are having more children and with an ever increasing population it is a natural consequence of society. According to Wikipedia the worlds population is 7 billion and by the end of the century it will be at 10 billion. Its apparent that the economic trend is putting more babies on our planet. How can we profit from this boom? Here are a few ideas.
After school activities are useful for all parties involved. Parents have to work longer hours and are thankful for the opportunity to keep their children in activities for longer. The schools are happy that the vocational process is increasing beyond their remit and finally the children will enjoy an activity if its something their keen on. Some popular ideas are sport or arts based classes.
Personal coaching for hobbies and educational areas is a fairly risk free business idea. This may not be the biggest cash cow of the bunch but it no doubt will be rewarding to be able to offer betterment to a child in area they require improvement with. Swimming, spelling and mathematics are common choices.
Nutrition and weight management specialists are in demand as parents don’t always know what to do if their child becomes or obese or even how to prevent this happening. Quite often they will need that guidance and the opportunity of a face to face encounter in such an important matter will always triumph over goggling the issue.
The organic food market is fast growing. With lots of positive media surrounding organic foods of late, a new demand has surged upwards. This is potentially a big market to tackle but all things have to start small. A small partnership with your local farmer could be the inlet to bigger things. Consider eco friendly packaging to compliment this and you have a much favored all round product.
Children need to be entertained especially at birthday parties. If you can provide a unique experience for this then you are on to a solid business idea. Think what are children are into and how can you provide this on a bigger more enjoyable scale. Be careful not to infringe on any copywrite however.
These are just a few of the numerous business opportunities that surround us. There is a huge untapped market for commerce with the children’s market. Parents tend to want the best for their children and are willing to pay a decent price for the product that provides this. Good luck with your venture.
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