RETAIL INTERMEDIARY SECTOR PROFILE
The retail sector in the U.S. had revenues of $561 billion in 2016 according to csimarket.com (http://csimarket.com/Industry/Industry_Data.php?s=1300). Online retail revenues in 2016 were $35 billion, making up 6.2% of the retail sector revenue. The largest single product & Service class sold in the retail sector was Pharmacy/Drug store Services which had revenues of $188 billion or 33.5% of the retail sector revenues. Other major products in the retail sector include Apparels, Home Improvements and vehicle spare parts.
My definition of intermediary organizations
Through-out my published content, I have labeled organizations formed by a group of individual stakeholders, to perform tasks that are better done as a group instead of individually (e.g. governments, religious organizations, etc), as well as trading entities (e.g. corporations) as “intermediary organizations”. My research shows that, historically, these organization have only been sustainable in the long term when they have the following culture;
- objective decision making processes
- are limited to specific in-demand tasks, goods and services
- operate in a decentralized competitive environment
- are not the main source of survival resources for those that own, manage and/or administer them.
An overwhelming majority of the intermediary organizations operating today fail this simple test, and are therefore not sustainable, and will fail, sooner or later.
Furthermore, my research shows that historically, societies where “collectivist” cultures are dominant within the population, it creates increased demand for intrusive intermediary institutions that intervene in increasingly more areas of an individual’s life.
Many of the intermediary institutions, today, are not in business in order to provide a better quality good or service to the individual, than they would be able to provide for themselves via a self-sustenance based economy, but because they give a small group of “elites” a wealth advantage.
Own an online store for less that $300 a year!
You can now easily set up your own online store and sell your products for a cost of less than $300 a year. The video below gives one example on how you can do this.
How to create an Amazon seller account as an international seller.
How to distribute your music online
Are you a musician trying to make money from your music? The video below shows you how to do your own distribution online.
How to copyright your music
After working so hard to produce your music, you can protect it by copyrighting it. See the video below.
How to sell your products on Amazon
Topics covered; how to search for suitable products to sell, branding techniques, marketing techniques, customer relationship management and fulfillment centers.
How to source your products from international producers via aliexpress.com and alibaba.com
Fulfillment centers for your online shop
DISCLAIMER
Ngarua Services does not review, edit or endorse the linked videos on this page. The purpose of this page is to provide current trade and self-sustenance ideas that may be of interest to those thinking of creating new streams of income or pursuing the self-sustenance option. Proceed with caution when utilizing any information provided in the linked videos. Ngarua Services provides Trade and Self-sustenance Advisory Services to individuals and organizations that want to start or expand their trade business or pursue the self-sustenance option. Ngarua Services contacts can be found on the page labeled “About Ngarua Services”.
Habari shujaa 