7 Things to know before Opening a Retail Shop

1. 7 Things to Know Before Opening a Retail Shop • www. dedon.com

2. 7 Things to Know Before Opening a Retail Shop • Unlike online shops, a traditional shop not only allows people to feel and touch products but also offers them an inviting and engaging shopping experience. Selecting the product line that gives you a reason to visit the store will ensure continuous traffic for your retail store. • Business Plan - Again, a retail consultant can help you create a solid business plan around your idea. This includes the Description of Business, Marketing, Competition, Operating Procedures, Business Insurance, Financial Data and broadly covering your 4 P's - Product, Price, Place, and Promotion. • Choosing your location is the most important step in making your dream of owning a retail store come true. Ideally, you will want to be next to non-competitive retail companies that have regular customers - the overflow of such companies will drive your traffic and bring new business to you immediately. Take your time to compare many of these available rental properties in your city before you settle. Where you choose to locate your retail business will have a big impact on everything your store does.

3. 7 Things to Know Before Opening a Retail Shop • Site planning is an extensive activity to plan your strategic floor plans, space management, including furniture, displays, fixtures, lighting, and signage. An interior designer can help you with each of the individual step and create a blueprint of the overall site plan. • Things to consider for your location: 1) Size of the building and length of the walkways accessible from the entrance and exit 2) Use of furniture and exterior space for people to gather and interact 3) Style of architecture of the retail building 4) Color of paint and choice of exterior building materials 5) Design of the physical entrance and exterior window display

4. 7 Things to Know Before Opening a Retail Shop • There are various Store Layouts which can impact foot traffic. Essential Store layout include: Forced path store layout (easy entrance and exit), Grid Store Layout (Includes repetitive patterns in designing for consistency), Straight Store Layout (Same entry and exit gate) and Geometric Store Layout (Artistic impressions for millennials and GenZ). • Integrate technology – it’s 2018 and even if you’re starting a Brick and Mortar business, use of technology just can't be ignored. From Accounting, Stock Management (SKU’s), Billing and Customer Communication, technology will help you reduce time and cost of operations and can give you an edge over your competitor in the long run.

5. Contact Us • Contact DedON today if you’re interested in receiving our special pricing for first-time clients. • Guaranteed satisfaction or your money back. • DedON reaches to where our customers are located – across North America. We have strategically located full-time Field Agents in major U.S. & Canadian cities, delivering unparalleled standards of accuracy and relevance. Address : 200 Continental Drive, Suites 401 Newark, Delaware, 19713 Contact : (877) 863- 3366 Email : info.dedon@gmail.com Website : www.dedon.com Visit Or Call us Today!