Those niche market lucrative businesses you didn't expect!
We all know that the speed of information circulation is so fast that it is dizzying. However, in this vast sea of information, information gap still exists, becoming a gold mine for those who are interested to make profits. So, how to use this information gap to make money?
Let's first look at the four modes of making money: resource gap, information gap, ability gap and understanding gap. Resource gap means that you have resources that others don't have; information gap means that you have information that others don't know; ability gap means that you have skills that others have not yet mastered; and understanding gap means that your understanding of something is deeper than others. All four modes can use information gap to make profits.
For example, some people will make money through a drop shipping source tool. They use software to grab Alibaba's drop shipping products and then sell this software at a high price. This is the use of information gap. For another example, some people are good at seizing the time difference of new activities or markets and using the first-mover advantage to make more profits. This is also the use of information gap. Some people will find and enter niche markets, such as specializing in writing business plans. As the market matures, these small businesses can also grow into large markets.
Each project will go through a process from huge profits to professional competition and then to stable returns. In the early stage, due to the existence of information gap, huge profits may be achieved. Subsequently, in order to maintain competitiveness, professional capabilities may be required. Eventually, the market will reach a stable stage, and only professionals can get reasonable returns.
The use of channel information gap is also a common strategy. Some people will use the price differences between different platforms to make profits, such as the prices of goods on Taobao and other shopping channels may be different. Others will seize the bonus period of new traffic channels, such as Pinduoduo attracted a large number of users in the early stage
Although the information gap brings opportunities to make money, it is also a challenge that we need to actively respond to. We need to constantly learn new knowledge and improve our abilities so that we can win in the world of information gap. Only in this way can we truly make good use of the information gap instead of being exploited by it.
