Does a high population in a place automatically mean business would work there?

King Belieal

Veteran Member
Bronze Supporter
Literary Virtuoso
Registered Member
Joined
Oct 1, 2023
Reaction score
284
Trophy Points
0
Location
Nigeria
D Bucks
💵0.226705
Referral Credit
0
When people talk about locating a business right, they often say that to mean that you should locate the business in a place where there is a high population density.

Does it mean that just because a place is densely populated that business would automatically do well there?
 
Having a high population in a place does not mean the business would generate profit, unless they are your target audience. It's going to sell meat in a place filled with vegetarians.
 
Yeah right if the population are your target audience then you might have just struck a goldmine but if not, it's nothing
Like my own business, customers have to come from very far distances to patronize whereas the place I am operating in has a high population but not much patronage.
 
Like my own business, customers have to come from very far distances to patronize whereas the place I am operating in has a high population but not much patronage.
That's is a typical experience. This is why it is not all about a population dense area but where your target market are.
 
16,369Threads
119,159Messages
368Members
SamarkhanLatest member
Top