Gauging the Success of In-line Stores
November 29, 2007 at 4:24 pm | In Business Ideas | Comments | Get this via emailI just received this email from a subscriber:
I am a first-time retailer with a Fanmats cart in Tennessee (thanks in large part to information from your publication!) and I am looking to expand into a small in-line with some fairly specialized types of sports gear.
Any resources you might be able to get to help me in "assessing" the possibility of moving to an in-line store would be greatly appreciated. Specifically, do you know of a resource that gives typical or average sales numbers for small inlines?
I don't have any stats on the average sales of inline stores. This number would vary greatly based on types of products sold, merchandise and geographical region. I suggest you go to some of the local malls in your area and network with some of the store owners to get a feel for how they're doing. You can explain you're considering opening a store, and see if you can ask them a few basic questions.
Here are a few you might consider posing to them:
- How long have you been a retailer in this mall?
- Have you been happy with your store sales?
- Do you have additional locations outside of this mall, if so, how do your sales there to compare to this location?
- Are you staying in '08?
Good luck in your venture! Please keep me posted!
Comments
Pinnacle Publishing Group | 195 Hanover Street, Hanover, MA 02889
© 2007-2010 Patricia Norins, All Rights Reserved.
Entries and comments RSS feeds.
The Specialty Retail Expert, Patricia is the leading authority in the industry and the founder and publisher of