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

[King Belieal]

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?

 

[eLdavis]

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.

 

[Springtime]

Having a high population does not guarantee you can make good sales. You have to reach your target audience to sell your goods.

 

[King Belieal]

You can have a high population of people who are not interested in your products. And that doesn't make any sense about the high population.

 

[Augusta]

Yeah right if the population are your target audience then you might have just struck a goldmine but if not, it's nothing

 

[King Belieal]

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.

 

[Augusta]

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.

 

[Xtynehappy]

In most cases, businesses works well in the most populated areas because of the ready market that is available over there.

 

[Fidelia]

There might be a huge population in a place but the market for your business niche is not there. Business success in a location is not a function of high population alone.

 

[Suba]

A high population in a place does not automatically mean that business will run smoothly there, there are other factors that need to be considered, the average income in that location, if there are too many poor people then there is no potential for establishing a business.