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What Products Or Services Enjoy Higher Patronage During A Recession? - Business - Nairaland

Nairaland ForumNairaland GeneralBusinessWhat Products Or Services Enjoy Higher Patronage During A Recession? (1060 Views)

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What Products Or Services Enjoy Higher Patronage During A Recession? by mrsage(op): 10:50pm On Aug 18, 2016
It is no longer news that the Nigerian economy is in a recession.

Nigerians are beginning to cut down on expenses. This is clearly not the time to sell luxury items etc.

However, some businesses and products are still enjoying good patronage.

What products and services do you think people will buy more during this economic recession?

Kindly share ideas. This may even give birth to a brilliant recession proof business idea.
Re: What Products Or Services Enjoy Higher Patronage During A Recession? by eph12(m): 10:53pm On Aug 18, 2016
Food
Re: What Products Or Services Enjoy Higher Patronage During A Recession? by doctorchicken: 11:01pm On Aug 18, 2016
Food!!!!!it's only agric business
Re: What Products Or Services Enjoy Higher Patronage During A Recession? by mrsage(op): 11:07pm On Aug 18, 2016
eph12:
Food
Though I agree with you I still ask what food?

raw, cooked or processed?

wholesale or retail?
Re: What Products Or Services Enjoy Higher Patronage During A Recession? by eph12(m): 11:10pm On Aug 18, 2016
mrsage:
Though I agree with you I still ask what food?

raw, cooked or processed?

wholesale or retail?
Cheapest form possible. That's what everyone wants during recession
Re: What Products Or Services Enjoy Higher Patronage During A Recession? by ndPeter(m): 9:33am On Aug 19, 2016
Education. Healthcare. Betting. Fundamentals like clothes, shoes tho they're not as high as they used to be.
Re: What Products Or Services Enjoy Higher Patronage During A Recession? by ndPeter(m): 9:34am On Aug 19, 2016
How the millennials forced manufacturers to alter their business models
http://equityfit..com/2016/08/eqtfitbusinessmodelbuild.html
Re: What Products Or Services Enjoy Higher Patronage During A Recession? by yebo36(f): 11:40am On Aug 19, 2016
I will not agree less, my husband is into supply of books but for about a year now sales have been very poor.

So, I think food business is the best for now. However, I stay in Niger state and have access cheap yams. Contact me if you are interested in supplying yams to other parts of the country.
Re: What Products Or Services Enjoy Higher Patronage During A Recession? by mrsage(op): 5:02pm On Aug 23, 2016
yebo36:
I will not agree less, my husband is into supply of books but for about a year now sales have been very poor.

So, I think food business is the best for now. However, I stay in Niger state and have access cheap yams. Contact me if you are interested in supplying yams to other parts of the country.
Good concept
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