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/biz/ - Business & Finance


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2913869 No.2913869 [Reply] [Original]

What happened to making money from it? /biz/ was full of people cashing out and making mad dosh from the normies, but now its just 24/7 muh crypto threads
Anyone still making money on facebook/instagram here?Lets talk about actual money making instead of online betting on the next meme coin

>> No.2913875

>>2913869
get lost nocoiner

shouldn't you be watching game of normies right now

>> No.2913880

saturated market

>> No.2913902
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2913902

>>2913869
I'm in e-commerce making about $6k a month off of social media marketing. Stable returns compared to cryptocurrency. Can eventually sell the brand for around $250k in the next year or two. I want to get into launching a capital fund with a combination of stocks and maybe a very small percentage in cryptocurrency. Or launch a media company. Not really sure. Just need to get out of uni rn.

>> No.2913920

>>2913880
>muh saturated market
You dumb shmuck. Amazon launched competing in a very saturated market of book sales. Find a market and offer an edge over competitors.

>> No.2913956

>>2913902
based
any advises?

>> No.2913965

>>2913920
>Amazon launched competing in a very saturated market of book sales.
Not really. It had a massive edge because it wasn't a brick and mortar dinosaur, so its niche wasn't saturated at all because it wasn't like any other bookseller.

How the fuck are you supposed to offer anything different as a fucking affiliate marketer? Competing with millions of other scrubs. Not worth it.

>> No.2913976

>>2913869
What the fuck is wrong with that snakeo?

>> No.2913984

>>2913976
Ticks. Either deer, or wood.

>> No.2913988

>>2913976
It has a tick infestation

>> No.2914003
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2914003

>>2913988
Jesus fucking Christ.

>> No.2914012

>>2913965
If you know the market and spend money and ads, you have an edge. It's not a big edge, it's not a interesting edge, but it's still a much bigger edge then not being in business. There's risk of course, but that's part of what you're doing.
An anon who made a decent amount selling golf gear said that he buys and resells from china, he specifically buys only the items he can get the highest profit from and sells with no return policy. He said that a majority of the industry has trouble with constant returns, so all he does is lure people into buying shitty merchandise and he makes out well.
There's no shortage of ways to get other companies to handle whatever part of the business you want handled, for a cut of the profits of course.

>> No.2914016
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2914016

>>2913965
That mentality is why you should never launch a real business. Think before you post.

I'm going to be nice and spell this out for you. Local coffee shops still exist even though they compete directly with Starbucks. Why? Think about it.

>> No.2914035
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2914035

>>2914016
I already own my own business. The reality is that as time goes on consumers care less about niche services and more about getting whatever it is they want as cheap as possible or with status associated with a known brand. Your "offer something the other guys don't" advice grows increasingly meaningless day by day. I've got a few years on you so you can drop the smartest guy in the room act.

>> No.2914130
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2914130

>>2914035
Have fun making your 15% profit as an eBay seller. Or whatever lawn cutting service you 'run'. I don't give two shits how many years someone has on me. Someone who brings that up instantly loses all credibility. Cutting edge businesses are built with offering something high demand, but low supply. Stay poor you edgy shmuck.

>> No.2914141

>>2913869
Poor snek :(
Did it get better?

>> No.2914180
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2914180

>>2914130
Hahaha you sound like a teenager that read The Art of the Deal once and thinks he knows everything. Good luck with your $72k Facebook clickbait ad business.