If you will put up a new store you will need these five things.
1. Capital – This refers to the amount of money to be spent in order to put up the store. The amount needed depends on how big the store is. The smaller the store, the smaller the capital needed.
2. Goods or commodities to sell – Goods or commodities are the different things that you put in your store for sale. One good characteristics of a store owner is that he/she knows his/her customers need.
3. Equipment and facilities – In order to operate a store effectively, cabinets, tables, chairs, benches and shelves are needed.
4. Site - This is where the store is to be located. It is always good to put up a store in very strategic places like an intersection of two streets. Some small retail stores, though, are located in the homes of the owners. The backyard or a part of the house nearest to the street which people can easily reach is used.
5. Pleasing personality – One needs a pleasing character in order to run a retail store. A successful store owner is one who is patient, honest, friendly and knows how to relate with people who buy in his/her store.
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Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts
Saturday, December 31, 2011
Basic Store Layout
So I was going through my college notes today, I remember having to memorize this basic kinds of Store Layout.
1. U-shaped store layout – This layout gives the customers a good view of the goods on display and a chance to freely choose the goods they need. This kind of layout requires only a few people to attend to the needs of the customers/buyers.
2. Closed Store layout – This layout requires more people to manage the store and attend to the needs of the customers. Only the store personnel are inside the store while the customers wait to be served outside.
3. Parallel shelves Store layout – The goods are arranged parallel to each other. They are classified and arranged according to kind by shelf. This arrangement is advantageous to the customers or buyers. It will save them time and energy locating the things that they need.
4. Combination store layout – This combines the U-shaped and parallel shelves layout. The customers can have a good view of the products on display which are already arranged according to type of merchandise.
For those who are opening a new store I hope this helps. For students who are looking for more notes this can be a good help too. You can also check my works with compilation of iPhone 4s cases that are best for cool people like you!
1. U-shaped store layout – This layout gives the customers a good view of the goods on display and a chance to freely choose the goods they need. This kind of layout requires only a few people to attend to the needs of the customers/buyers.
2. Closed Store layout – This layout requires more people to manage the store and attend to the needs of the customers. Only the store personnel are inside the store while the customers wait to be served outside.
3. Parallel shelves Store layout – The goods are arranged parallel to each other. They are classified and arranged according to kind by shelf. This arrangement is advantageous to the customers or buyers. It will save them time and energy locating the things that they need.
4. Combination store layout – This combines the U-shaped and parallel shelves layout. The customers can have a good view of the products on display which are already arranged according to type of merchandise.
For those who are opening a new store I hope this helps. For students who are looking for more notes this can be a good help too. You can also check my works with compilation of iPhone 4s cases that are best for cool people like you!
Sunday, November 20, 2011
Six Important Factors of Store Layout
Ideal Retail Store Layout |
When planning to put up a business in-store or online
business store, one of the things that should be given careful thinking is your
store layout. It should be attractive and impressive enough to win customers or
buyers. This is done by arranging the goods inside the store or on your webpage
or website attractively. The focus of this document will be more a physical
store establishment rather than of an online store.
If you have Retail Store, Factory Outlet, or any store establishment
you need to think of your inside arrangement which will refers to the display
area, the counter, the furniture and other equipment, the shelves, etc.
Convenience of
The store layout is influenced by several factors:
1.
The Type
of Customers – Will the store cater to a specific age group, race and
gender, or national, international or will it be for general patronage?
2.
The Type
of Merchandise Sold– What type of merchandise will the store be selling?
Dry goods? Wet goods? Schools Supplies? Office Supplies? Electronics? Services?
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Ideal Convenience Store Layout |
3.
The
Space/ Area Limitation of the Store – Does your store have big space? Small
space? The area or space allotted for the store will affect the arrangement of
goods, pieces of furniture, equipment, etc.
4.
The
Furniture and Equipment of the Store – Is there a need for the big pieces
of furniture and equipment? These things should be limited only to the
essentials. Those that are not important in the efficient management of the
should not be included. It will only obstruct smooth flow of movement of both
the customer and the seller.
5.
Manpower
– This refers to the person who will be managing the store. A bigger store
would require more people to attend to the customer’s needs.
Further Reading:
To know more about how to start and plan your selling
activities read my article on: Five Simple Ways to Sell Your Products.
Saturday, November 19, 2011
5 Simple Ways To Sell Your Products
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5 Ways to Sell Your Products online or in-store |
So here are 5 simple ways or methods on how to sell your products.
Friday, November 18, 2011
Plastic Canada Dollar : Secure, Innovative, Durable
Canada's New Plastic Currency, Packed with high-tech security features |
Canada is ready to dump paper money because this month the new batch of polymer plastic currency for Canada will be released. This new Canadian dollar will make counterfeiter mostly impossible. Here are the qualities and some security features which are embodied in this Canada's new polymer bank notes.
- Durable Money Bills- This plastic money from Bank of Canada are made from polymer plastic designed to be long lasting compared to old paper bills. It's water proof and more resilient to wear and tear from everyday use. It is estimated that it will have double life span compared to paper money. This will also decrease the money spent by government printing money over long period of time.
- Innovative - This is very first currency in the world that will be made from single piece of polymer plastic. It will have two transparent windows giving it a more futuristic effect.
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