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6 Exotic Business Ideas For 2016 - Business (3) - Nairaland

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Re: 6 Exotic Business Ideas For 2016 by mgolo(m): 9:02pm On Dec 22, 2015
Most lists of business ideas ultimately confuse aspiring entrepreneurs because they don't "own" them.
We have explored the best alternatives for arriving your own great and workable business ideas through these
basic steps.
You may glimpse at http://muyiwaosifuye.com/?p=167
Re: 6 Exotic Business Ideas For 2016 by Acidosis(m): 9:08pm On Dec 22, 2015
An0nimus:
A thread like this hits FP and spans just 2 pages. Says a lot.

Acidosis how does number 5 work? like in a business sense, service delivery and profit.

I'm still drafting a brief on number 5; as soon as I get something substantial, I'll tag your i.d.
Re: 6 Exotic Business Ideas For 2016 by An0nimus: 10:31pm On Dec 22, 2015
Acidosis:


I'm still drafting a brief on number 5; as soon as I get something substantial, I'll tag your i.d.
okey dokey boss. looking forward to it.

1 Like

Re: 6 Exotic Business Ideas For 2016 by feeekey(f): 10:57pm On Dec 22, 2015
Acidosis:


I'm still drafting a brief on number 5; as soon as I get something substantial, I'll tag your i.d.
Oga abeg post it here ni oo. I knw many others will be interested just like me. Thanks in anticipation
Re: 6 Exotic Business Ideas For 2016 by rodeo0070(m): 4:49am On Dec 23, 2015
Thank God I'm a Researcher. We rock!
Re: 6 Exotic Business Ideas For 2016 by rodeo0070(m): 4:51am On Dec 23, 2015
HooxJnr:
Explain 5 & 6 more
if you need more info on Market research, PM me...
Re: 6 Exotic Business Ideas For 2016 by rodeo0070(m): 4:53am On Dec 23, 2015
Acidosis:
Do I still have to dabble into the numerous damnable prophetic and economic predictions for 2016? It has been said times without number that Nigerians must brace up to face economic and business hardships in 2016 (in the areas of job satisfaction, competitions, customer loyalty, business continuity, fuel scarcity/increased pump price, increase electricity charges, just to mention a few).

Amidst these challenges, some have realized the need to launch new businesses to meet up with the accompanying expenses in the coming year. On the other hand, some want to start a new business for the sake of flexibility, while some are just fed up with stiff competitions, copy-cats and the regulars.

All are potent reasons which can be tackled with the following less-competitive ideas in the coming year:

1. She-Taxi

Unlike countries like Egypt and India, a She-taxi service is practically strange in Nigeria. She Taxi is simply a fleet of taxicabs owned and operated by ladies ONLY, and for transporting women commuters EXCLUSIVELY.

You don't need to worry about profitability or patronage. It is common knowledge that majority of taxi commuters in a city like Lagos are WOMEN. Now imagine an offering without the fear of RAPE, KIDNAP or ASSAULT?


2. Watershop Vendor

Times are hard, not everyone can afford bottled water, majority of homes in the towns/cities do not have dispensers. With well branded jerrycans, you can deliver safe DRINKING water to families. I personally won't drink from the jerrycan the regular vendors sell with their rusty carts in Lagos, but I'll surely pay extra to get a well branded and sealed jerrycan of potable water from a well-dressed & certified vendor.

This idea is practically different from a pure water factory.



3. Restauranteering
(Updated)
I'm sure many have read and heard about APC agenda to feed school children. Now the question of whether the gesture would be extended to private school children is an issue many are yet to discuss.

I personally do not think all school children would be fed! Even if they try, it certainly won't be sustainable.

As a private investor or entrepreneur, take a bold step and approach PRIVATE school owners in a street or more streets populated with private schools. Make them realize you can provide daily meals to their pupils at affordable costs. This can be done termly or yearly.

You can ask for an interactive session in PTA meetings. Get your survey and ask what parents would like their kids to eat. I always 'pity' my neighbour as she's always trying to prepare either rice or indomie every morning before going to work just to see that her child does not beg friends in school for food. As little as N5,000-N10,000, I'm certain many parents would want to be relieved of the early morning stress.

On the one hand, this idea can relatively reduce stress and expenses parents undergo in the course of cooking, and on the other hand, put significant cash-flow on the table of an investor and of course the participating schools. It is a win-win approach for ALL.

NB: This is beyond a one-man business. No school will risk tarnishing its image because of food, so one has to be genuine, trustworthy, duly registered and established.


4. Freelance Home Cleaning




5. Anti-Corruption NGO/Crusader/Campaigner




6. Market Research Company
(Updated)
6 is a bit technical and only those with specialised interest can delve into it.

Basically, organisations and investors need to gather certain information before launching new products or service into a marketplace. These sets of information, otherwise called customer information comprising customer segmentation, purchasing power, income, age, sex, occupation and other demographic characteristics help shed some light as to whether a product or service will be duly received in Oshodi or Surulere.

As a market researcher, the objective is to provide your clients a snapshot view of a particular market, thereby reducing the risk of financial waste. It can also help them come up with an acceptable pricing, a firm business plan, overview of customers, among others.

Post-product launch, a market research company can also help organisations conduct customer satisfaction surveys. These days when organisations are willing to outsource anything and everything, a market research company will certainly thrive.

Traditionally, market researchers mostly use questionnaires. For those who can afford Big Data Analytics, it will definitely make the job easier.

These are basically the statutory roles of Marketers (its a shame we've reduced these lots to road side sellers and hawkers in Nigeria).

Thank God I'm a Market Researcher. We rock!

Managers need information in order to introduce products and services that create value in the mind of the customer. But the perception of value is a subjective one, and what customers value this year may be quite different from what they value next year. As such, the attributes that create value cannot simply be deduced from common knowledge. Rather, data must be collected and analyzed. The goal of marketing research is to provide the facts and direction that managers need to make their more important marketing decisions.

To maximize the benefit of marketing research, those who use it need to understand the research process and its limitations.

Marketing Research vs. Market Research

These terms often are used interchangeably, but technically there is a difference. Market research deals specifically with the gathering of
information about a market's size and trends. Marketing research covers a wider range of activities. While it may involve market research, marketing research is a more general systematic process that can be applied to a variety of marketing problems. Marketing research seeks to set about its task in a systematic and objective fashion. This means that a detailed and carefully designed research plan is developed in which each stage of the research is specified. Such a research plan is only considered adequate if it specifies: the research problem in concise and precise terms, the information necessary to address the problem, the methods to be employed in gathering the information and the analytical techniques to be used to interpret it.

Basically, we are more or less like a Native Doctor people consult for solutions. We are king-makers in the business world...

1 Like

Re: 6 Exotic Business Ideas For 2016 by Acidosis(m): 8:59am On Dec 23, 2015
@rodeo0070 , interesting write-up there


feeekey:

Oga abeg post it here ni oo. I knw many others will be interested just like me. Thanks in anticipation
Okay ma, I will
Re: 6 Exotic Business Ideas For 2016 by rodeo0070(m): 9:22am On Dec 23, 2015
Acidosis:
@rodeo0070 , interesting write-up there

Yeah, Its a very broad field which most Managers, firms, politicians, political institutes, NGOs etc. are not maximising here in Nigeria.

Most research companies here in Nigeria are structured around specific areas of marketing:Brand & Communication; Innovation & Product

Development; Retail & Shopper; Customer Experience; Employee Engagement; Qualitative; Automotive; and Political & Social.


There is also Locational (geospatial computing for marketing analysis), customer and business analytics aspect too. Sentiment analysis/social

media analytics too can be done on social media (facebook, Twitter, Blogs, etc) to gauge people's perception or comments about a particular

brand, personality etc.


Permit me to share some of what my colleague and I did:

Predictive Analytics: Nigeria 2015 Election using Sentiment Analysis

https://www./predictive-analytics-nigeria-2015-election-using-analysis-odeneye?trk=prof-post
Re: 6 Exotic Business Ideas For 2016 by Acidosis(m): 9:27am On Dec 23, 2015
rodeo0070:


Yeah, Its a very broad field which most Managers, firms, politicians, political institutes, NGOs etc. are not maximising here in Nigeria. There is Locational (geospatial computing), customer and business analytics aspect too. Sentiment analysis/social media analytics too can be done on social media (facebook, Twitter, Blogs, etc) to gauge people's perception or comments about a particular brand, personality etc.

Permit me to share some of what my colleague and I did:

Predictive Analytics: Nigeria 2015 Election using Sentiment Analysis

https://www./predictive-analytics-nigeria-2015-election-using-analysis-odeneye?trk=prof-post



You work at TNS in Ojodu?

Please sir, I'll need you to share your contact with me. I have a project coming up in Jan 2016 on sentiment analysis. I can't afford to miss your contact.

God bless you.
Re: 6 Exotic Business Ideas For 2016 by rodeo0070(m): 9:37am On Dec 23, 2015
Acidosis:




You work at TNS in Ojodu?

Please sir, I'll need you to share your contact with me. I have a project coming up in Jan 2016 on sentiment analysis. I can't afford to miss your contact.

God bless you.

No, But I work with the best.

Let's talk offline...*winks*

Re: 6 Exotic Business Ideas For 2016 by internetpope(m): 10:09am On Dec 23, 2015
Acidosis:
Do I still have to dabble into the numerous damnable prophetic and economic predictions for 2016? It has been said times without number that Nigerians must brace up to face economic and business hardships in 2016 (in the areas of job satisfaction, competitions, customer loyalty, business continuity, fuel scarcity/increased pump price, increase electricity charges, just to mention a few).

Amidst these challenges, some have realized the need to launch new businesses to meet up with the accompanying expenses in the coming year. On the other hand, some want to start a new business for the sake of flexibility, while some are just fed up with stiff competitions, copy-cats and the regulars.

All are potent reasons which can be tackled with the following less-competitive ideas in the coming year:

1. She-Taxi

Unlike countries like Egypt and India, a She-taxi service is practically strange in Nigeria. She Taxi is simply a fleet of taxicabs owned and operated by ladies ONLY, and for transporting women commuters EXCLUSIVELY.

You don't need to worry about profitability or patronage. It is common knowledge that majority of taxi commuters in a city like Lagos are WOMEN. Now imagine an offering without the fear of RAPE, KIDNAP or ASSAULT?


2. Watershop Vendor

Times are hard, not everyone can afford bottled water, majority of homes in the towns/cities do not have dispensers. With well branded jerrycans, you can deliver safe DRINKING water to families. I personally won't drink from the jerrycan the regular vendors sell with their rusty carts in Lagos, but I'll surely pay extra to get a well branded and sealed jerrycan of potable water from a well-dressed & certified vendor.

This idea is practically different from a pure water factory.



3. Restauranteering
(Updated)
I'm sure many have read and heard about APC agenda to feed school children. Now the question of whether the gesture would be extended to private school children is an issue many are yet to discuss.

I personally do not think all school children would be fed! Even if they try, it certainly won't be sustainable.

As a private investor or entrepreneur, take a bold step and approach PRIVATE school owners in a street or more streets populated with private schools. Make them realize you can provide daily meals to their pupils at affordable costs. This can be done termly or yearly.

You can ask for an interactive session in PTA meetings. Get your survey and ask what parents would like their kids to eat. I always 'pity' my neighbour as she's always trying to prepare either rice or indomie every morning before going to work just to see that her child does not beg friends in school for food. As little as N5,000-N10,000, I'm certain many parents would want to be relieved of the early morning stress.

On the one hand, this idea can relatively reduce stress and expenses parents undergo in the course of cooking, and on the other hand, put significant cash-flow on the table of an investor and of course the participating schools. It is a win-win approach for ALL.

NB: This is beyond a one-man business. No school will risk tarnishing its image because of food, so one has to be genuine, trustworthy, duly registered and established.


6. Market Research Company
(Updated)

Basically, organisations and investors need to gather certain information before launching new products or service into a marketplace. These sets of information, otherwise called customer information comprising customer segmentation, purchasing power, income, age, sex, occupation and other demographic characteristics help shed some light as to whether a product or service will be duly received in Oshodi or Surulere.

As a market researcher, the objective is to provide your clients a snapshot view of a particular market, thereby reducing the risk of financial waste. It can also help them come up with an acceptable pricing, a firm business plan, overview of customers, among others.

Post-product launch, a market research company can also help organisations conduct customer satisfaction surveys. These days when organisations are willing to outsource anything and everything, a market research company will certainly thrive.

Traditionally, market researchers mostly use questionnaires. For those who can afford Big Data Analytics, it will definitely make the job easier.

These are basically the statutory roles of Marketers (its a shame we've reduced these lots to road side sellers and hawkers in Nigeria).

Nice ideas. Love it. allow me to quote this on my blog. And reference this your post here.
Love it.
Re: 6 Exotic Business Ideas For 2016 by Acidosis(m): 10:21am On Dec 23, 2015
internetpope:



Nice ideas. Love it. allow me to quote this on my blog. And reference this your post here.
Love it.
I sent a PM
Re: 6 Exotic Business Ideas For 2016 by 400billionman: 2:16pm On Dec 23, 2015
1. Cement Dealership.

2. Barbing Saloon.

3. Transportation.

4. Laundry and Dry cleaning.

Very sharp businesses 1, 2, and 4 not requiring more than N500,000 each.

Barbing saloon sharp die. Location wise..

1 Like

Re: 6 Exotic Business Ideas For 2016 by 400billionman: 2:18pm On Dec 23, 2015
Acidosis:

cheesy


Actually, its one of the most lucrative untapped opportunity in Nigeria. We only need to leverage on Buhari's agenda.



These ideas can be described comprehensively in a business plan only for interested persons.

That watershop is capital intensive o.
Re: 6 Exotic Business Ideas For 2016 by 400billionman: 2:21pm On Dec 23, 2015
mrsage:
I love number 1. I'm into transportation business. Very nice concept

Transportation is very wide.

Which area please ?
Re: 6 Exotic Business Ideas For 2016 by Acidosis(m): 2:50pm On Dec 23, 2015
400billionman:


That watershop is capital intensive o.

Yep, millions

Before licence can be given, one must have secured some machinery similar to bottled water companies'.

Borehole
Purification System, Reverse Osmosis Machine
and of course, land/rent, labour, electricity, as well as massive funding on marketing.
Re: 6 Exotic Business Ideas For 2016 by mrsage(m): 5:58pm On Dec 23, 2015
400billionman:


Transportation is very wide.

Which area please ?

Car Hire and bus hire. Coaster and Toyota hiace buses..
Re: 6 Exotic Business Ideas For 2016 by Joyfreak: 10:02pm On Dec 24, 2015
Acidosis:

cheesy


Actually, its one of the most lucrative untapped opportunity in Nigeria. We only need to leverage on Buhari's agenda.



These ideas can be described comprehensively in a business plan only for interested persons.

I am interested. Can you prepare and email to me or pm. Thanks in advance.
Re: 6 Exotic Business Ideas For 2016 by edwife(f): 4:54pm On Dec 26, 2015
taryour:
Hmmmm. Number 2 though.... Good concept

Tayour how are you?

Are we quarrelling i didn't know?
Re: 6 Exotic Business Ideas For 2016 by taryour(f): 5:07pm On Dec 26, 2015
edwife:


Tayour how are you?

Are we quarrelling i didn't know?


heeey omo Iya mi how you dey sweerie, how are you and all yours . complements of the season. haa quarrel bawo, ko joorr o no mind me jare, been busy ni o, looking for money up and down make body set well a. no, vex jare am so sorry love. lots of hugs for you dearie
Re: 6 Exotic Business Ideas For 2016 by Pidggin(f): 5:38pm On Dec 26, 2015
Acidosis:
Do I still have to dabble into the numerous damnable prophetic and economic predictions for 2016? It has been said times without number that Nigerians must brace up to face economic and business hardships in 2016 (in the areas of job satisfaction, competitions, customer loyalty, business continuity, fuel scarcity/increased pump price, increase electricity charges, just to mention a few).

Amidst these challenges, some have realized the need to launch new businesses to meet up with the accompanying expenses in the coming year. On the other hand, some want to start a new business for the sake of flexibility, while some are just fed up with stiff competitions, copy-cats and the regulars.

All are potent reasons which can be tackled with the following less-competitive ideas in the coming year:

1. She-Taxi

Unlike countries like Egypt and India, a She-taxi service is practically strange in Nigeria. She Taxi is simply a fleet of taxicabs owned and operated by ladies ONLY, and for transporting women commuters EXCLUSIVELY.

OP, this sounds good, can you explain it further, also do you have a website or more info about already established She-Taxi companies, how can one get female clients e.t.c
Re: 6 Exotic Business Ideas For 2016 by Acidosis(m): 7:06pm On Dec 26, 2015
Pidggin:


OP, this sounds good, can you explain it further, also do you have a website or more info about already established She-Taxi companies, how can one get female clients e.t.c

For more info, you can check:

http://www.shetaxi.in/

However be mindful of the fact that the specifications are tailored to the need of the people/country.

Certain requirements like GPS-enabled cars may not be wholly relevant in the case of Nigeria. Ways by which you can get your clients are some of the things you can get in a business plan. I wish I could throw more light on these ideas FOC (Free-of-Charge).

1 Like

Re: 6 Exotic Business Ideas For 2016 by internetpope(m): 2:42pm On Jan 11, 2016
Acidosis:

I sent a PM
I replied you twice. but nairaland serves kept bouncing it.
Re: 6 Exotic Business Ideas For 2016 by Acidosis(m): 2:49pm On Jan 11, 2016
internetpope:
I replied you twice. but nairaland serves kept bouncing it.
Good day sir, please check your mail
I eventually found your message in my spam box.
Re: 6 Exotic Business Ideas For 2016 by aofrantz: 4:50pm On Oct 04, 2016
If you need capital for any of these businesses, you can earn money through referral programs.
One of such good ones is the Flex Advance merchant referral - just refer any businesses to take a loan and they give you up to 2% of the loan disbursed.
Check it out here: www.flexadvance.co/refer

1 Like 1 Share

Re: 6 Exotic Business Ideas For 2016 by maryannfarrugia(f): 5:55am On Oct 28, 2016
I dont think that market research company is an exotic business idea, but i agree to some. Maybe trying this exotic business will lead you to be more successful eh?

Maryann Farrugia, CEO
http://www.axiemoffshoreoutsourcingsolutions.com/maryann-farrugia/
Re: 6 Exotic Business Ideas For 2016 by Acidosis(m): 7:27am On Oct 28, 2016
maryannfarrugia:
I dont think that market research company is an exotic business idea, but i agree to some. Maybe trying this exotic business will lead you to be more successful eh?

Maryann Farrugia, CEO
http://www.axiemoffshoreoutsourcingsolutions.com/maryann-farrugia/

Well said
Re: 6 Exotic Business Ideas For 2016 by ultrazone(m): 11:31pm On Nov 02, 2016
Re: 6 Exotic Business Ideas For 2016 by awule: 1:11pm On Dec 05, 2016
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