What to think of when running your own store

July 1, 2020 2:51 pm

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If running your own store is a dream of yours you may be looking at the ways in which you can manage this. There are a number of important factors that you need to consider when running a shop of one description of another.

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Suppliers – In order to be able to sell items you need the products in the first place. One of the decisions that you need to make is whether you are going to be making your own items or whether you are going to use existing suppliers. In both cases you will need to think about setting up wholesale accounts with relevant companies that work in the industry that you are interested in selling products in.

Security – Are you going to have any high priced items? If so you will want to think about security measures such as using a Security Seal on those products and also store wide security such as CCTV and a physical presence of a security guard.

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Marketing – Getting people to your store is the difference between having a successful business and an extremely expensive hobby. Marketing is the best way to achieve this and there are a number of different ways that you can do this including Google Ads, newsletters, print based adverts, social media and SEO.