I like to write about Kenyan Prices; this is because i believe that if you are in business you do need to know about prices. I mean without price then there is no sale and thus no profits; you might as well not be in business.
For me, I use the prevailing prices to determine where there is a Market gap and if there actually is a business opportunity. For instance I have been to Naivas and discovered some disturbing trend. Quencher, Highland and Pep something juices all go for relatively the same price; Clearly these juices arent the same and the companies selling them are making sure there is no price differentiation rather only quality differentiation.
Today i noticed that a corgette goes for a tenner. I am not saying that this is expensive or cheap all am saying there is a great market opportunity here. A typical corgette plant would produce on average 10 corgettes a week - the plant doesnt require fertelisers etc as it is a vine. Anyway agriculture is clearly the way forward as long as you are creative enough to know where to sell your products. If you can cut out the middle man then even more profits for you.
The butcher down the road accidentally told us of his margins the other day. He buys a kilo of meat at 210 shillings and sells it for 320 shillings. He is making more than the farmer which i just think is wrong.
Next week i blog about a business idea on how to go about it, so keep tuned for it! Ps the business is seasonal but can give you some good money if well planned.
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