Results 1 to 10 of 10

Thread: What general business ideas?

  1. #1
    Full Member
    Join Date
    Aug 2016
    Location
    Mumbai
    Posts
    35
    Thanks
    0
    Thanked 3 Times in 3 Posts

    Post What general business ideas?

    Hi All,

    What general business ideas can we learn from retailing?


    Thanks,

  2. #2
    Diamond Member adrianh's Avatar
    Join Date
    Mar 2010
    Location
    Cape Town
    Posts
    5,065
    Thanks
    331
    Thanked 805 Times in 640 Posts
    That the customer is not always right and that the customer is sometimes a downright a-hole.
    How easily someone is offended is directly proportional to how stupid they are.
    ~GS Elevator

  3. #3
    Site Caretaker Dave A's Avatar
    Join Date
    May 2006
    Location
    Durban, South Africa
    Posts
    20,775
    Thanks
    3,026
    Thanked 2,441 Times in 2,047 Posts
    Blog Entries
    12
    It's all about your profit per square meter.
    The trouble with opportunity is it normally comes dressed up as work.

  4. Thanks given for this post:

    adrianh (07-Sep-16)

  5. #4
    Diamond Member adrianh's Avatar
    Join Date
    Mar 2010
    Location
    Cape Town
    Posts
    5,065
    Thanks
    331
    Thanked 805 Times in 640 Posts
    Quote Originally Posted by Dave A View Post
    It's all about your profit per square meter.
    I like this thought because as a manufacturer I tend to only think in terms of profit per hour.
    How easily someone is offended is directly proportional to how stupid they are.
    ~GS Elevator

  6. #5
    Site Caretaker Dave A's Avatar
    Join Date
    May 2006
    Location
    Durban, South Africa
    Posts
    20,775
    Thanks
    3,026
    Thanked 2,441 Times in 2,047 Posts
    Blog Entries
    12
    When I first came across it, that one struck me for much the same reason. Makes you rethink a few things...
    The trouble with opportunity is it normally comes dressed up as work.

  7. #6
    Diamond Member Blurock's Avatar
    Join Date
    May 2010
    Location
    Durban
    Posts
    3,374
    Thanks
    657
    Thanked 759 Times in 624 Posts
    Blog Entries
    1
    Quote Originally Posted by Sandeep Chougule View Post
    Hi All,

    What general business ideas can we learn from retailing?


    Thanks,
    The agent or reseller always makes more than the manufacturer. Good idea for the manufacturer to have shares in the retailer.
    If you're the smartest person in the room, then you're in the wrong room...

  8. #7
    Diamond Member Justloadit's Avatar
    Join Date
    Nov 2010
    Location
    Johannesburg
    Posts
    2,631
    Thanks
    87
    Thanked 533 Times in 450 Posts
    Blog Entries
    1
    With the change in the way that the market follows today, many manufacturers are shifting their position closer to the customer.
    This effectively increases the bottom line, but introduces a whole new set of operating challenges, and dealing with customers on a one to one basis. Not so easy when manufacturers may deal with a handfull of distributors.

    This is notable with the Vodacom/MTN/Cell C franchising. IN the beginning they used the existing market network, and new networks were creating because of the discounts that were offered for reselling.
    15 years back a bulk purchaser would get 25% discount. As time moved, the discount was every year reduced to where it today is a few percent, and they have slowly squeezed out the original market network that was developed and took over. What they did not anticipate was the new set of rules that comes with employees, which was well controlled by the previous market network, as they had grown into it.
    Victor - Knowledge is a blessing or a curse, your current circumstances make you decide!
    Solar and LED lighting solutions - www.microsolve.co.za

  9. #8
    Bronze Member PlatinumWealth.co.za's Avatar
    Join Date
    Sep 2016
    Location
    Cape Town
    Posts
    151
    Thanks
    1
    Thanked 5 Times in 5 Posts
    Quote Originally Posted by Sandeep Chougule View Post
    Hi All,

    What general business ideas can we learn from retailing?


    Thanks,
    Customers buy with their eyes

  10. #9
    Diamond Member adrianh's Avatar
    Join Date
    Mar 2010
    Location
    Cape Town
    Posts
    5,065
    Thanks
    331
    Thanked 805 Times in 640 Posts
    A customer is many times more likely to buy somether that they have held in their hand.
    How easily someone is offended is directly proportional to how stupid they are.
    ~GS Elevator

  11. #10
    Full Member
    Join Date
    Aug 2016
    Location
    Mumbai
    Posts
    35
    Thanks
    0
    Thanked 3 Times in 3 Posts
    thanks for the guiding me . i hope you will continue help me out in future .

Similar Threads

  1. Business Ideas 101
    By vieome in forum General Business Forum
    Replies: 93
    Last Post: 09-Sep-15, 10:22 AM
  2. Business Ideas worth exploiting
    By Peter Johns781 in forum General Business Forum
    Replies: 5
    Last Post: 06-Jan-14, 03:36 PM
  3. Business Ideas?
    By jamesk in forum General Business Forum
    Replies: 6
    Last Post: 19-Oct-12, 03:13 PM
  4. 10 small business ideas??
    By wynn in forum Entrepreneurship and Business Management Forum
    Replies: 10
    Last Post: 21-May-12, 11:58 AM

Tags for this Thread

Did you like this article? Share it with your favourite social network.

Did you like this article? Share it with your favourite social network.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •