Retailers Forum Magazine AUG 2014 | Page 106

FORUM WORKSHOP Forum Workshop The cute storefront on a side street near the 1 0 major shopping center downtown may offer 6 cheap rent. But the mall sells high foot traffic. • Ask yourself: Is what Iʼm selling so unusual or so needed that people will seek me out no matA ter where I locate; U or am I offering a G U product or service S similar to (though T better than) the oth2 ers so that high ex0 posure will be of 1 greater value? Walk 4 through the shopping malls and look at what is there: clothing, shoes, jewelry, and lots of food. Why are they all there? Because thatʼs how the public has learned to shop for those items. They want to look at what every store has to offer, then select their favorite, or the best buy. Consider the businesses on Main Street or in neighborhood strip malls and storefronts. Some have been there since Main Street was built; theyʼve employed three generations and own the building. Overhead is now zero, customers are regular, and they are dedicated to downtownʼs Main Street. They donʼt count. Look at the others: photocopy shops, one-of-akind gift and specialty clothing stores, and more food places. Consider how a Main Street location, a block or two away from the cityʼs two shopping malls housing some 200 stores, works for these businesses. continued.. www.SoaringRC.com Airsoft Guns • RC Cars, Boats, Helicopters F O R U M Weekly SpecialS • clearance itemS www.SoaringRC.com • Everything FUN!