Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Are those massage chairs worth investing in as a business?

0
Posted

Are those massage chairs worth investing in as a business?

0

I have never run a business, but I have shared some of the responsibility of running of a business from startup to success and know a bit about profitable ideas. The massage chairs to which you refer are manufactured by hundreds of companies around the world, but only a few have significant market share. 80% of the chairs are created by 10% of the manufacturers, so a business in manufacturing massage chairs would likely fail. Wholesale distribution is in a similar situation. Each company distributes it’s chairs to a select few wholesalers, who then distribute to thousands of retailers. So a wholesaling business in massage chairs would also likely fail. The Market is flooded with an excess of competition of retailers fighting for prime real estate in both the real world and cyber world, with big brands even struggling to provide any decent kind of range and supply of products. I see only 2 options for you. 1) Start a small business in being the retailer that can offer the widest range o

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123