What internet business can I start in Singapore?

Question

Everything in Singapore is expensive, rental, utilities. So, I am thinking of starting an online business selling things locally. But what can I offer that do not require a physical shop front? Some products that people do not need to feel and touch to buy e.g. mobile phones(as there are many mobile phone operators who feature concept stores for consumers to try out the phones). The key point is to minimize overhead costs, whilst maintaining return consumers.

Answer 1

Well it really depends on you - if you did your homework/reseach you can bring in a niche product that has yet to hit Singapore. Or look at what are the latest and popular products among young adults for example mobile phones or other electronic digital gizmos. It will be hard to compete against established retailers, find products that complement. For example when Apple started global dominance, people started to sell anything that complements Ipod, from earphones to speakers. Same thing now that Asus EEE sales are picking up, people are selling RAM, SSD, leather cases etc.