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Which New Or Existing Business Will Boom After The Covid 19 Is Over. - Business - Nairaland

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Which New Or Existing Business Will Boom After The Covid 19 Is Over. by slenjaman(m): 9:01am On Apr 26, 2020
What sort of business do you think will grow so fast after the coronavirus pandemic.
Re: Which New Or Existing Business Will Boom After The Covid 19 Is Over. by youngest85(m): 9:02am On Apr 26, 2020
Food

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Re: Which New Or Existing Business Will Boom After The Covid 19 Is Over. by walkwithgod(m): 9:23am On Apr 26, 2020
Agriculture business is the new liquid gold in Nigeria since the price of oil has dipped.

Farmers are going to cashout like never before due to demand and supply dynamic.

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Re: Which New Or Existing Business Will Boom After The Covid 19 Is Over. by frugal(m): 10:07am On Apr 26, 2020
walkwithgod:
Agriculture business is the new liquid gold in Nigeria since the price of oil has dipped.

Farmers are going to cashout like never before due to demand and supply dynamic.

Why do you think farmers would earn more than they are earning before? What will change? Will people eat more food after the crisis or will there be a price increase?

You also mentioned supply and demand. If people are losing jobs and businesses closing, would there be more demand for food or less? Also if more people go into farming, won't that cause an increase in supply? And if there's an increase in supply and less demand due to job loses, shouldn't price be coming down instead?

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Re: Which New Or Existing Business Will Boom After The Covid 19 Is Over. by hungryboy(m): 10:26am On Apr 26, 2020
Begging business.

Because so many people are going to lose their jobs, so many projects that could employed thousands has already been cancelled or postponed till further notice, People who sell clothes, Tvs and other household electronics will struggle because people are only using the little the have to buy food.
After the lockdown is lifted, many people level go reduce, plenty go move from self con to one room, some go port back to their villages, nigerian used cars for sale go plenty, many children were dey private school go port enter public school.
Re: Which New Or Existing Business Will Boom After The Covid 19 Is Over. by sexylassie2(f): 10:51am On Apr 26, 2020
Delivery business and online businesses
Re: Which New Or Existing Business Will Boom After The Covid 19 Is Over. by SeunWedsLinda(m): 11:52am On Apr 26, 2020
hungryboy:
Begging business.

Because so many people are going to lose their jobs, so many projects that could employed thousands has already been cancelled or postponed till further notice, People who sell clothes, Tvs and other household electronics will struggle because people are only using the little the have to buy food.
After the lockdown is lifted, many people level go reduce, plenty go move from self con to one room, some go port back to their villages, nigerian used cars for sale go plenty, many children were dey private school go port enter public school.

there's a reason why clothing is among the basic needs of man. With or without recession, food, shelter and clothes will always sell
Re: Which New Or Existing Business Will Boom After The Covid 19 Is Over. by Emmaxy9(m): 11:53am On Apr 26, 2020
Its going to be online business, no doubt. No matter how broke people are, they'll still come online.

And just a reminder, dollar is 390 naira rn. Bloggers and the rest who earn in dollars will cash out big.

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Re: Which New Or Existing Business Will Boom After The Covid 19 Is Over. by slenjaman(m): 1:11pm On Apr 26, 2020
You are right food items will always sell with or without the pandemic.
youngest85:
Food
Re: Which New Or Existing Business Will Boom After The Covid 19 Is Over. by slenjaman(m): 1:13pm On Apr 26, 2020
Can you be specific about the sort of online business.
Emmaxy9:
Its going to be online business, no doubt. No matter how broke people are, they'll still come online.

And just a reminder, dollar is 390 naira rn. Bloggers and the rest who earn in dollars will cash out big.
Re: Which New Or Existing Business Will Boom After The Covid 19 Is Over. by neutralmind: 1:33pm On Apr 26, 2020
It appears this is the time to invest in food or any item that will end up on a dining table.

The demand for food may not increase but it will also not reduce.

Don't forget we still import some food items here in Nigeria.

Delivery/ distribution of food items is also good in my opinion.

Transportation of agric commodities.

Food storage and processing.

Just be creative and focus on the untapped opportunities
Re: Which New Or Existing Business Will Boom After The Covid 19 Is Over. by Princewill1(m): 1:57pm On Apr 26, 2020
Loan/Credit related businesses
Re: Which New Or Existing Business Will Boom After The Covid 19 Is Over. by tonjeola(m): 4:00pm On Apr 26, 2020
Online Businesses

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