Just opened my own shoe shop?

i am happy been open 5 weeks covering all expenses but abit worried on not havin money to buy more stock any advice


thanks

Just opened my own shoe shop?
Do special offers .. as a shoe lover i am drawn to getting a bargain . .even if it is only £5 of the price ..





you could do 2 pairs for x amount





you could give a free gift





I am assuming you are doing it on line . .if you are try a loyalty scheme for valued customers .. IE free postage or £10% off next purchase ..





You need to keep your customers intrested and it is always good to let them know via advertising what is coming next and you must keep up with the trends





I am happy to shop where i get a good service and feel as if i am being treated special





The first year in business is tough it is make or break and you will never make any money for yourself in the first year . .whatever you make pay your over heads and then put back into the shop as you need new stock in order to maintain intrest





good luck
Reply:If you get a second income you could buy more stock with money you have made in your spare time, go to wwww.more4yourlife.co.uk for more information call 0191 3504973 leave your details and i will contact you and let you know how to start thanks for reading this.hope to hear from you soon Karen.
Reply:The short and sweet version of my answer is that you are probably a. taking too much of a salary. b. charging too little for your merchandise. c. paying too much for your merchandise. some combination or all of the above. End result, you are losing money and failing to recognize it.
Reply:i cant realy give any advice, but a little suggestion. im a lady who takes a size 9 shoe and for over 15 years i have had to travel, as all the local shoe shops only go up to a size 8. im not saying buy loads of bigger sizes, but going up a couple may increase your profits - and customers. all the best
Reply:Can you not get stock that is basically on loan by the manufacturer and if it doesn't sell you send it back - only if the stock (or part of it) sells do you need to pay the manufacturer. You may not make as much profit but at least you would have stock on display and if you build a rapport with several manufacturers they will rotate the stock you have and make sure you have all the new lines and fashions.



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