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What to Consider When Starting a Business in 2025 Occupy vacant niches Natalia Prokazova

Posted: Mon Jan 20, 2025 4:06 am
by md.a.z.i.z.ulha.kim4
CEO of the foreign trade technologies agency Weconn: “Many international companies that worked in various segments, from educational courses and clothing brands to construction, manufacturing, the chemical industry, etc., have left the market. Today, these niches are empty. Of course, existing companies can capture some of the free market share, but this does not make these areas more studied. There is an unplowed field of opportunity here. A huge amount of products are not produced in Russia, but there is demand in the country.

Accordingly, everything that has left the market must be replenished. Here, of course, we are talking about large projects: construction of factories, software replacement, etc. Financing of business projects is currently developing, the state has developed support measures. You can use the options and integrate into the chosen niche." Don't compete with mastodons cambodia whatsapp number data Roman Gorban , CEO of the company "Corporate Games", entrepreneur in the Event sector: "It makes no sense to go into overcrowded industries, the so-called "red oceans" (note by TexTerra - terminology from the book "Blue Ocean Strategy" by K. Chan and R. Mauborgne. "Blue ocean" is a new market, unoccupied niches, where there are practically no competitors.


"Red ocean" is a low-profit market, where there are many competitors). There is serious competition there without you. For example, if you don’t have large sums to start, then you don’t need to open a plastic window production facility, where large players have long built their relationships. The market is now clearing up and there are a decent number of sectors and industries that are completely free and ready for new players. Think critically when starting a business, especially in a highly competitive niche.