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Setting up Shop: Things to Consider As a New Retailer

August 1, 2018 by BPM Team

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Come on in we're awesome sign Setting up Shop Things to Consider As a New RetailerIt’s no secret that we’re living in a world saturated with online businesses, and it’s becoming a rare occurrence to take your business into physical premises and set up shop. However, if your business isn’t just to sell products; but you offer a service, then it’s a necessity, and it’s vital you have everything in place before you open the doors on your new venture. There are plenty of customers out there who prefer to walk around, see, and touch the products they’re buying, before purchase. Therefore, the following are some tips and ideas for those who are venturing into the world of retail, for business success.

What You Need And Where You Need It

When you’ve planned your layout; you’ll want to source all your key equipment before you start to buy furniture or interior decorations. You’ll need to make the items that are imperative to your service a priority; therefore, investing in them is a smart choice. If you need an industrial fridge for your culinary creations, or perhaps you’re running a repair shop and need machinery; it’s always worth researching into reputable manufacturers and being able to view their products before you buy. Get on top of any software, services, or tech that’s going to make your life as a shop owner as straightforward as possible. Whether you need merchant processing services or an old fashioned till; ensure they’re set up and ready to work hard for your business before you open the doors.

It’s worth walking into your shop space as a customer would; this will help you plan out where items should go, and where is best for a specific area. By carefully designing the store’s layout; you’ll be able to think about the customer experience, and also make every process, activity, and transaction as easy for yourself as possible. It’s important to walk through and decide where visitors can sit and how they can best appreciate whatever service you’re provided them with. If you’re planning to run a beauty salon, you don’t want a patron who’s having a treatment to be sat next to the front door, where they’ll constantly be interrupted and disturbed. For small retail interior design inspiration, have a look here and get some great ideas.

Building Relationships With Your Customers

Aside from being simple to get through your front doors; you need to think about the opening hours of your business, and how accessible this makes you to your target customer. Very often people tend to squeeze the treat of a service, like a manicure or a coffee and cake, into their evenings and weekends; so be mindful of when’s best to open to the public. If you deal in bike or car repairs, a couple of late night or early morning opening hours would be of great use to those who need their mode of transport back as soon as possible to get to work. If your store offers excellent service, is a joy to be in, and has the ideal opening hours; then you’re already onto a winner.

However, it’s important to focus on building and maintaining relationships with customers and the surrounding community of shops. By getting to know who and what is available just outside the doors of your shop, you’ll be able to offer more help to people than just what you’re selling. In return, you’ll have loyal patrons, and other stores will be sending new ones your way.

You may also like: Smooth Beginnings: 4 Tips for Lowering Your Expenses When Starting a Brick and Mortar Store

Filed Under: Featured Posts, Relationships Tagged With: Customer Service, relationships, retail, startup

Trackbacks

  1. No Restaurant Is An Island: A Definitive Guide to Working With Other Companies - Business Partner Magazine says:
    August 16, 2018 at 12:54 pm

    […] some businesses, forging decent relationships with larger companies is essential for success. A new retailer, for instance, will focus on gaining places in other people’s stores. In this field, the more […]

  2. 5 Factors that May be Responsible for Your Low Retail Sales - Business Partner Magazine says:
    May 6, 2019 at 12:51 pm

    […] You may also like: Setting up Shop: Things to Consider As a New Retailer […]

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