Retailers Forum Magazine AUG 2014 | Page 114

FORUM WORKSHOP Forum Workshop 1 1 ONE LAST STORY T TOR 4 • Essence Perfumeryʼs founder, Herb Davis, spent a great deal of time and money to deterA mine how to make and market his product – U G copies of designer perfumes. His first retail outU let was a kiosk in a downtown mall. Later, the S company opened a storefront location in a subT urban mall. For all that time and effort, the kiosk 2 closed about two years later. After an initial 0 splash of advertising and publicity, the com1 4 pany retreated into invisibility. want to sell? If so, what would you pay for it; and where would you go to find it; or would you listen if a salesperson called? Credit & Collection No matter how careful you are, how much research you do, there is no absolute way to determine what the public will buy or how much they will pay for it. So the final question you should ask yourself is: Would you buy what you IF YOU DONʼT LIKE TO ASK FOR MONEY, DONʼT GO INTO BUSINESS. continued.. Powering Over 15,000 Successful Online Stores. Sell on Facebook and Ebay, get found on Google, sell on iPhones and send automated emails easily. Does your shopping cart do that? The last e-commerce platform you’ll ever need! DESiGn • OPtimizatiOn • hOStinG • mObilE •cOmmErcE F O R U M FrEE Y a 15-D al tri www.e-storesites.com