#006 – The 5 things people are willing to spend money on
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In this episode, I'm discussing the 5 things people are willing to spend money on. There are 5 core “niches” that people spend money on. These are:
- Admiration
- Security
- Time
- Money
- Pleasure
When considering your business or product idea, look for how it fits into one of these 5 categories. These are proven markets that have thousands for new online businesses. In the episode we are talking about examples and specific ideas under each of these categories.
MUSIC:
Adventures by A Himitsu | https://soundcloud.com/a-himitsu
Released by Argofox
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