We should understand what season is, statistician use is to makes use of what they call time series. Time series is a group or sequence of values of a variable recorded in a CHRONOLOGICAL order as the observation are made at specified often regular interval of time.
Types of time series
1. The trend.
2. Seasonal variation.
3. Cyclical variation.
4. Irregular variation
The most important things here is to understand how to make money with seasonal variation.
◈ Seasonal variation: these are the identical pattern which a time series appears to follow during a successive corresponding months (or quarters) of successive years. These movements re-occur regularly during specific periods of the year, depending on the seasons of the year, e.g.
Some recurring events like
• Christmas ( sales of poultry product like chicken, turkey, etc. and sales of greeting cards during festivals)
• Air tickets
• The supply of fresh maize.
• Fruits.
• Yams festival.
• And other agricultural products follow seasonal patterns.
Following basic procedure, to make fast living and be self employ is accepted by examples listed. People makes more money by selling greeting cards but, I choose it as addition because is not everybody that will purchase, but no one can avoid food.
At Christmas, Easter and at some festival occasions, chicken, turkey was the main item on the menu. And the preference was for live, home-slaughtered chicken.
In order to take full advantage of this peculiar preference of the market, poultry farmers timed their production schedules to coincide with the festive season’s peak demand.
If you went around the food markets in the days preceding Christmas or Easter, you would see busy customers at the chicken vendor’s makeshift stands, bargaining and carrying the prized bird’s home.
The high sales of chicken and turkey come every Christmas or Easter.
Ways to make money with chickens, turkey in every festival
If you own poultry and if you don’t own poultry you can make bulk sales of chicken or turkey and sell in your own price.
1. Many office workers would be busy, or want to avoid the market hustle, you can create awareness on how to make order and deliver at their work places.
2. Makeshift chicken stands at the front of your house or rent a piece of land, because is not everybody that will visit the market to buy. They will surely patronize you, when they found you are selling and when what you sell satisfied them.
Conclusion: Taking advantage of season to make money, but to think about business is the best. Thanks for reading.
