Originally Posted by
JohnTRourke
Ok
here's the problem
In retail (esp in the wal mart nation we have today)
price is everything. if it's the same stuff that everyone has, then price is the only consideration for people. (easily 90%+ of the population, and gun people are just as guilty or more)
so, you make your profit when you buy, because the price is set by the market.
Unless you are buying in big quantities to get a good discount, your price is going to be too high.
Imagine people coming to your store, whipping out their phone, going online to check the price of whatever you have. (and remember, shipping is always hidden, so nobody takes that into account)
You have to do something different.
Everyone has cheap POS knives from china for $10
One guy has made in america knives for $150
yeah, he probably sells 1 for every 10 the other guy sells, but he makes more money.
You have to make people come to you for specific stuff they can't get anywhere else.
JMHO as a small businessman.
BTW, retail sucks.