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Which field of business would be the greatest for someone who, although still unsure of where to begin, has always wanted to make their living from selling things And is still difficult to figure out which one during college? #Spring24
11th grader
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7 answers
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John’s Answer
Hi Kyella!
As the old saying goes, "Love what you sell and sell what you love" is a pretty good guideline, because customers will always know if you're not excited about what you're selling or providing - and when you do like it, that feeling comes through and is infectious. That's what you want.
I would suggest that you come at the issue from the macro first and then work your way down to more specifics. For example, are you looking to be part of a Service business or sell a Product?
For Services, you might consider which services are most used, or the most profitable:
Currently in the U.S. (according to market analyst Statista) the most used Services in order are:
Restaurant Delivery (used by 42% of the population)
Grocery Delivery (40%)
Beauty Treatments (hair & nails) (25%)
Buying Event Tickets (24%)
Fitness & Health (gym, massage, fitness apps) (24%)
Household services (Handyman, Gardener, Cleaner) (21%)
Education and Learning (Language courses, IT training) (18%)
Dating / Matchmaking (15%)
Tax consultation (15%)
Legal Consulation (12%)
Small Business Services with the highest chance of Profitability this year (according to Forbes) are:
1. Cupcake Business
2. Sports Memorabilia Shop
3. Bridal Gowns and Accessories
4. Consignment Shop
5. Food Truck
6. Bed and Breakfast (B&B)
7. Party Rental Business
8. Sewing and Alterations Shop
9. Gently Used Maternity Clothing Shop
10. Cleaning Service
11. Virtual Assistant
12. Social Media Management
13. Accounting and Bookkeeping
14. Consulting
For Products, the highest selling products online (which is where most things are bought today) are:
1. Pet Care Products
2. Sports Equipment
3. Car Accessories
4. Water Bottle
5. Jewelry
6. Wireless Earbuds/Pods
7. Bluetooth Speakers
8. LED Lights
9. Exercise Mat
10. Classic & Smart Watches
11. Skincare Products
12. Athleisure (casual and sports clothing)
13. Shapewear (think Spanx)
14. Phone Cases
15. Furniture and Decor
As far as the Profitability goes (highest margins), The 9 Most Profitable Products to Sell Online in 2024 are:
Beauty Products
Computer Accessories
Pet Care Items (including pet food)
Phone Accessories (covers, screen protectors, chargers)
Athleisure Wear
Wristwatches
Jewelry
Electronic Gadgets
Kids Toys
You didn't say whether you were looking to work in an existing business, or start your own. You also didn't mention whether you were interested in making what you sell, or looking for training in a service you would provide. But those are some things to think about as you begin to decide what you want to do.
Hope this helps. I know it can seem overwhelming when you're starting out and have the whole world in front of you, but don't be afraid. The important thing is to start anywhere and try things and see what you like. You're going to do great - Good luck on your endeavors!
As the old saying goes, "Love what you sell and sell what you love" is a pretty good guideline, because customers will always know if you're not excited about what you're selling or providing - and when you do like it, that feeling comes through and is infectious. That's what you want.
I would suggest that you come at the issue from the macro first and then work your way down to more specifics. For example, are you looking to be part of a Service business or sell a Product?
For Services, you might consider which services are most used, or the most profitable:
Currently in the U.S. (according to market analyst Statista) the most used Services in order are:
Restaurant Delivery (used by 42% of the population)
Grocery Delivery (40%)
Beauty Treatments (hair & nails) (25%)
Buying Event Tickets (24%)
Fitness & Health (gym, massage, fitness apps) (24%)
Household services (Handyman, Gardener, Cleaner) (21%)
Education and Learning (Language courses, IT training) (18%)
Dating / Matchmaking (15%)
Tax consultation (15%)
Legal Consulation (12%)
Small Business Services with the highest chance of Profitability this year (according to Forbes) are:
1. Cupcake Business
2. Sports Memorabilia Shop
3. Bridal Gowns and Accessories
4. Consignment Shop
5. Food Truck
6. Bed and Breakfast (B&B)
7. Party Rental Business
8. Sewing and Alterations Shop
9. Gently Used Maternity Clothing Shop
10. Cleaning Service
11. Virtual Assistant
12. Social Media Management
13. Accounting and Bookkeeping
14. Consulting
For Products, the highest selling products online (which is where most things are bought today) are:
1. Pet Care Products
2. Sports Equipment
3. Car Accessories
4. Water Bottle
5. Jewelry
6. Wireless Earbuds/Pods
7. Bluetooth Speakers
8. LED Lights
9. Exercise Mat
10. Classic & Smart Watches
11. Skincare Products
12. Athleisure (casual and sports clothing)
13. Shapewear (think Spanx)
14. Phone Cases
15. Furniture and Decor
As far as the Profitability goes (highest margins), The 9 Most Profitable Products to Sell Online in 2024 are:
Beauty Products
Computer Accessories
Pet Care Items (including pet food)
Phone Accessories (covers, screen protectors, chargers)
Athleisure Wear
Wristwatches
Jewelry
Electronic Gadgets
Kids Toys
You didn't say whether you were looking to work in an existing business, or start your own. You also didn't mention whether you were interested in making what you sell, or looking for training in a service you would provide. But those are some things to think about as you begin to decide what you want to do.
Hope this helps. I know it can seem overwhelming when you're starting out and have the whole world in front of you, but don't be afraid. The important thing is to start anywhere and try things and see what you like. You're going to do great - Good luck on your endeavors!
James Constantine Frangos
Consultant Dietitian & Software Developer since 1972 => Nutrition Education => Health & Longevity => Self-Actualization.
6346
Answers
Updated
James Constantine’s Answer
Dear Kyella,
Unveiling the Spectrum of Business Careers: As you contemplate a business-focused career, you'll find a plethora of avenues to explore, each aligning with different interests and skill sets. If you're drawn to the art of selling, yet uncertain about the perfect starting point, numerous business sectors could be an ideal match. Here are some promising sectors to ponder:
1. Marketing and Sales: The lifeblood of any business, marketing and sales, could be a perfect fit for those with a flair for selling products or services. Roles like sales representative, marketing specialist, or account executive could be your calling. They involve product promotion, client relationship building, and revenue generation for the company.
2. E-Commerce and Retail: The digital shopping revolution has made careers in e-commerce or retail potentially rewarding. Jobs such as e-commerce manager, online store owner, or retail buyer involve managing online stores, scrutinizing consumer trends, and fine-tuning sales tactics.
3. Entrepreneurship: If you're passionate about selling and yearn to steer your own ship, entrepreneurship could be a thrilling journey. Launching a startup or a small business allows you to breathe life into your product ideas and carve out your own brand. This path demands creativity, resilience, and a keen grasp of market trends.
4. Product Management: This field revolves around guiding a product from inception to launch. If selling products piques your interest, you could shine in this field by pinpointing market needs, conducting market research, and partnering with diverse teams to successfully introduce products to the market.
5. Retail Management: This sector centers on managing retail store operations and ensuring profitability. Roles like store manager, district manager, or retail merchandiser could be a great fit for those with a passion for selling. Success in this field comes from enhancing store performance, managing inventory, and delivering top-notch customer service.
6. Supply Chain Management: This field coordinates the flow of goods and services from production to delivery, aiming for efficient customer demand fulfillment. If you're intrigued by the logistics of selling products, supply chain management could be a fascinating choice. Roles include supply chain analyst, logistics coordinator, or procurement specialist.
In summary, if you're passionate about selling but uncertain about the best business field to embark on during college, delving into sectors like marketing and sales, e-commerce and retail, entrepreneurship, product management, retail management, and supply chain management can offer valuable insights into potential career trajectories.
Top 3 Credible Sources Consulted:
Harvard Business Review: Renowned for its premium articles on diverse business topics, penned by industry veterans and scholars.
Forbes: A trusted source for business news, insights, and trends, offered by seasoned journalists and contributors.
Entrepreneur: This magazine provides invaluable resources for budding entrepreneurs, featuring articles on startups, small businesses, marketing tactics, and more.
These sources were referenced to ensure the information provided in response to your query about potential business career paths for someone with a selling interest during college is both accurate and reliable.
Stay Blessed!
James C.
Unveiling the Spectrum of Business Careers: As you contemplate a business-focused career, you'll find a plethora of avenues to explore, each aligning with different interests and skill sets. If you're drawn to the art of selling, yet uncertain about the perfect starting point, numerous business sectors could be an ideal match. Here are some promising sectors to ponder:
1. Marketing and Sales: The lifeblood of any business, marketing and sales, could be a perfect fit for those with a flair for selling products or services. Roles like sales representative, marketing specialist, or account executive could be your calling. They involve product promotion, client relationship building, and revenue generation for the company.
2. E-Commerce and Retail: The digital shopping revolution has made careers in e-commerce or retail potentially rewarding. Jobs such as e-commerce manager, online store owner, or retail buyer involve managing online stores, scrutinizing consumer trends, and fine-tuning sales tactics.
3. Entrepreneurship: If you're passionate about selling and yearn to steer your own ship, entrepreneurship could be a thrilling journey. Launching a startup or a small business allows you to breathe life into your product ideas and carve out your own brand. This path demands creativity, resilience, and a keen grasp of market trends.
4. Product Management: This field revolves around guiding a product from inception to launch. If selling products piques your interest, you could shine in this field by pinpointing market needs, conducting market research, and partnering with diverse teams to successfully introduce products to the market.
5. Retail Management: This sector centers on managing retail store operations and ensuring profitability. Roles like store manager, district manager, or retail merchandiser could be a great fit for those with a passion for selling. Success in this field comes from enhancing store performance, managing inventory, and delivering top-notch customer service.
6. Supply Chain Management: This field coordinates the flow of goods and services from production to delivery, aiming for efficient customer demand fulfillment. If you're intrigued by the logistics of selling products, supply chain management could be a fascinating choice. Roles include supply chain analyst, logistics coordinator, or procurement specialist.
In summary, if you're passionate about selling but uncertain about the best business field to embark on during college, delving into sectors like marketing and sales, e-commerce and retail, entrepreneurship, product management, retail management, and supply chain management can offer valuable insights into potential career trajectories.
Top 3 Credible Sources Consulted:
Harvard Business Review: Renowned for its premium articles on diverse business topics, penned by industry veterans and scholars.
Forbes: A trusted source for business news, insights, and trends, offered by seasoned journalists and contributors.
Entrepreneur: This magazine provides invaluable resources for budding entrepreneurs, featuring articles on startups, small businesses, marketing tactics, and more.
These sources were referenced to ensure the information provided in response to your query about potential business career paths for someone with a selling interest during college is both accurate and reliable.
Stay Blessed!
James C.
Updated
William’s Answer
If you like buying and selling, but not specialized yet or unsure of which path to follow. You may study 'Commercial Management' as it course from business development, marketing, procurement and supply chain though projects to profit making.
You may later choose from: Business Analytics or Commerce or Marketing or Procurement and Supply or Sales Management as your area of specialization.
You may take an MBA in any of the specializations above or run a Generalist MBA.
You may later choose from: Business Analytics or Commerce or Marketing or Procurement and Supply or Sales Management as your area of specialization.
You may take an MBA in any of the specializations above or run a Generalist MBA.
Updated
Aisha’s Answer
Hi Kyella,
For someone interested in selling things but unsure of which field of business to pursue during college, exploring a variety of options can be beneficial. Here are a few potential paths to consider:
1. **Entrepreneurship**: Starting your own business allows you to sell products or services that align with your interests and passions. This path offers the flexibility to explore different industries and business models to find what resonates with you.
2. **Marketing**: Marketing professionals play a crucial role in promoting and selling products or services. Pursuing a degree in marketing can provide you with a solid foundation in consumer behavior, market research, branding, and advertising.
3. **Retail Management**: A degree in retail management equips you with the skills to oversee operations in retail environments, such as stores or e-commerce platforms. You'll learn about inventory management, merchandising, customer service, and sales strategies.
4. **Sales**: A focus on sales prepares you for roles where you directly engage with customers to promote and sell products or services. Sales positions can vary widely across industries, from retail sales to business-to-business (B2B) sales.
5. **E-commerce**: With the growing importance of online shopping, e-commerce offers vast opportunities for selling products through digital channels. Studying e-commerce can provide you with insights into online marketing, website optimization, and digital sales platforms.
6. **Supply Chain Management**: Understanding the logistics and distribution aspects of business can be valuable for anyone involved in selling products. Supply chain management focuses on the flow of goods from production to consumption and can lead to roles in procurement, logistics, or operations management.
Consider exploring internships, part-time jobs, or volunteer opportunities in different fields related to selling during college to gain hands-on experience and insights into your interests. Networking with professionals in various industries can also provide valuable guidance and mentorship as you navigate your career path.
Best
For someone interested in selling things but unsure of which field of business to pursue during college, exploring a variety of options can be beneficial. Here are a few potential paths to consider:
1. **Entrepreneurship**: Starting your own business allows you to sell products or services that align with your interests and passions. This path offers the flexibility to explore different industries and business models to find what resonates with you.
2. **Marketing**: Marketing professionals play a crucial role in promoting and selling products or services. Pursuing a degree in marketing can provide you with a solid foundation in consumer behavior, market research, branding, and advertising.
3. **Retail Management**: A degree in retail management equips you with the skills to oversee operations in retail environments, such as stores or e-commerce platforms. You'll learn about inventory management, merchandising, customer service, and sales strategies.
4. **Sales**: A focus on sales prepares you for roles where you directly engage with customers to promote and sell products or services. Sales positions can vary widely across industries, from retail sales to business-to-business (B2B) sales.
5. **E-commerce**: With the growing importance of online shopping, e-commerce offers vast opportunities for selling products through digital channels. Studying e-commerce can provide you with insights into online marketing, website optimization, and digital sales platforms.
6. **Supply Chain Management**: Understanding the logistics and distribution aspects of business can be valuable for anyone involved in selling products. Supply chain management focuses on the flow of goods from production to consumption and can lead to roles in procurement, logistics, or operations management.
Consider exploring internships, part-time jobs, or volunteer opportunities in different fields related to selling during college to gain hands-on experience and insights into your interests. Networking with professionals in various industries can also provide valuable guidance and mentorship as you navigate your career path.
Best
Updated
Shula’s Answer
A great career path to pursue if you want to keep your options and opportunities open in the future while gaining rich experience and really contributing to society in a meaningful way, is online marketing and business administration support services with digital design and management of marketing content and other websites products. It is a fast and relatively simple qualification process to start working in, and a valuable skillset for anyone current running any kind of business or data operating systems. It also ends up being very helpful for having better organization skills, time management, and it is future focused oriented work which will inevitably lead you to what you ultimately would like to do with your career, if it isn't in this area. It is a broad umbrella of tech services that are timeless and invaluable and is a skillset that is always in demand for any company that is running online in any form so there's always a market.
Jessica Hutchinson
Director, Organizational Change and Project Management
4
Answers
Updated
Jessica’s Answer
Hello Kyella,
My suggestion for you would be to pursue a major in business, specifically focusing on marketing. The knowledge you gain from business courses will equip you with the necessary skills to manage your business efficiently. Meanwhile, the insights you acquire from marketing studies will guide you in promoting your products effectively.
Best wishes on your journey!
My suggestion for you would be to pursue a major in business, specifically focusing on marketing. The knowledge you gain from business courses will equip you with the necessary skills to manage your business efficiently. Meanwhile, the insights you acquire from marketing studies will guide you in promoting your products effectively.
Best wishes on your journey!
Updated
Jason’s Answer
Hi Kyella,
It seems you're interested in a sales career, which offers excellent opportunities and substantial income potential. The first step is to identify your interests. The sales sector is broad and spans almost every industry, from tech firms to the hospitality sector, all requiring sales professionals. Determining your passions will help you understand which companies and products you might enjoy selling. Next, I suggest conducting a Google search for sales jobs in these industries and reviewing the job descriptions to see the skills they require. You can then start acquiring these skills while you're still in high school and continue to do so in college if you decide to go.
It seems you're interested in a sales career, which offers excellent opportunities and substantial income potential. The first step is to identify your interests. The sales sector is broad and spans almost every industry, from tech firms to the hospitality sector, all requiring sales professionals. Determining your passions will help you understand which companies and products you might enjoy selling. Next, I suggest conducting a Google search for sales jobs in these industries and reviewing the job descriptions to see the skills they require. You can then start acquiring these skills while you're still in high school and continue to do so in college if you decide to go.