Alvintanto
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- Joined
- Aug 9, 2019
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Hi all, excuse me if this is the wrong place to ask. Move/delete/warn if found so.
I'm starting a business in the chemical industry, a very niche one.
I don't think you are into details, but what I do is make liquid chemical products by mixing them (not vape/ejuice) for the manufacturing industry.
I live in Indonesia and I'm aware of the market scarcity here for my product. That's why I'm thinking of selling it abroad (Canada/Australia/Japan/India/Sweden).
The ingredients are imported from China, and some are found locally in Indonesia.
My competitors in the field (globally) are in the dozens, offering pretty much the same thing, but with more established brand names.
I can make a Value Skew in a lot of areas, but the product itself is more or less static. I can add unique colors/packaging/extras, but nothing radically different, just fresh.
Following the CENTS Commandment, I've compiled my own CENTS list.
However I still need to answer a question :
Is my CENTS proposal good enough to justify going into this business? What do I need to answer this? Is this question even relevant?
Or Am I missing a chapter or two from the books? @MJ DeMarco
Attached is a photo of what my chemical is used for. You can PM/mail me for answers.
Alvin
I'm starting a business in the chemical industry, a very niche one.
I don't think you are into details, but what I do is make liquid chemical products by mixing them (not vape/ejuice) for the manufacturing industry.
I live in Indonesia and I'm aware of the market scarcity here for my product. That's why I'm thinking of selling it abroad (Canada/Australia/Japan/India/Sweden).
The ingredients are imported from China, and some are found locally in Indonesia.
My competitors in the field (globally) are in the dozens, offering pretty much the same thing, but with more established brand names.
I can make a Value Skew in a lot of areas, but the product itself is more or less static. I can add unique colors/packaging/extras, but nothing radically different, just fresh.
Following the CENTS Commandment, I've compiled my own CENTS list.
However I still need to answer a question :
Is my CENTS proposal good enough to justify going into this business? What do I need to answer this? Is this question even relevant?
Or Am I missing a chapter or two from the books? @MJ DeMarco
Attached is a photo of what my chemical is used for. You can PM/mail me for answers.
Alvin
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