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What are businesses that can cater to ofws?


What are businesses that can cater to ofws?

If OFW means Overseas Filipino Workers, then ask yourself what do they need.

Often they need:

- a way to cheaply and easily send remittances to their relatives and family back in the Philippines
- an inexpensive and safe way to send those packages (balikbayan boxes)
- an inexpensive way to contact their families in the Philippines (e.g. inexpensive phone cards, free texting services, etc)
- a service that will allow them to communicate with their families -- think videoconferencing service for example

But the above are markets where most businesses catering to OFWs go, which means the market is a little crowded and very competitive.

So you need to think of other services needed but not currently addressed, or niched areas that the big companies haven't bothered to get into.

One example may be a social networking site for Filipino workers in a particular country such as Hongkong. One of the questions when an OFW leaves to go to a particular country is often "Who do I know who is already in Dubai/Hongkong/Taiwan, etc?" They would love to connect with other Filipinos in the area -- hence you have Filipino maids in Hongkong gathering in parks on Sundays in their dayoffs. Even in the US, you go to an area such as Bangor, Maine for example and ask around if there are other Filipinos in the area.

If you can create a service such as this, this is one area that I think are most needed by OFWs. Think of a more adult and mature Friendster, this time for OFWs

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