Is road side business increases sales and profit ?

[Mataracy]

Some people tend saying this but, I don't really believe in this analysis. Sometime when you want to rent a shop the road side shop use to be costly than that which is not.
Though its very good that one shop is accessible to the customers but if some measure is not put in place before starting a business reverse may be the case.
When you want to start a business good research need to be taken place.
First thing to do is to make a finding about the surroundings where you want to stage your business and make sure no body is selling the type of goods you are about to start and if there is some one selling the same goods as yours then,make sure your packaging is strong enough to out smart your counterpart.
And if your shop is not located at the road side you can still make good sale and profit just make sure you sell want the surroundings lack much.
The method you use for advertising your product is also important.
The price of your goods also matter so don't sell at higher price that is much more than that of your competitors when you just start your business .
I believe if all these is in place your sales and profit will increase. You can also add your own opinion.

 

[IamDozzy]

There is a huge potential in establishing a road side business. First of all, you would get an easy access to customers who are either moving from one place to another or came to that particular street/road for some transactions. Also it depends on the kind of business you are engaged in. If you are into the food selling business and your business premises is located on the road side then you are in for some money because you will struggle to keep up with customers. Retail outlets located on the road side also make huge profits too. Road side is a very lucrative location.

 

[Veetos12]

The possibility of making a big profit from a road business depends on the numbers of people plying the route which your business is situated.

 

[Segat]

Road side business is a very risky one even though it looks like it is profitable than having a shop because you will be pay less for space. It is very risky in the sense that no permanent abode and may sometimes be difficult for your customers to locate you because new government policy that may call for your relocation can come anytime.

 

[Planet408]

Road side business has it's advantages. You can make alot of sales because not everyone have the time to visit supermarkets or the open market to make any purchase. Moreover, you ain't really paying any rent for your business store. It is just a road side business.

 

[Nii41]

Having your business established by the roadside may actually be a good idea as you can have access to more customers and probably little or no competition, but at the same time for security reasons, I don't think it is advisable. Also in a case whereby one can't afford the cost of renting the shop by the roadside, you can always consider renting in a commercial area, the only difference is that, having your own shop in a commercial area will place you with your competitors.

 

[Tinaconcept]

Yes road side business increases profit, and it helps manufactured products to be sold as quickly as possible, but it has it's own advantage and disadvantage, even the risk of that business is very high, because is a road side business both cars and other vehicles can actually have break fault, which may lead to accident or other damages, which may lead to business collapsing.

 

[Hena101]

Yeah road businesses can increase profit and sales looking at the number of different product and services that are being done. But to make this increase and profit in sales in road businesses you must be solving problems that those on the road are in need of it for instead if the people on the road in need coll water your profit will increase if you solved that problem on the road otherwise forget about increase and profit

 

[Kingsley]

Road side business are open to better sales because they can be easily reached by their target customers and they can access any point they so desire to reach. If the can have easy contact with the customers it translates to have more sales volume with equally translate to having more profit since they have better sales.

 

[Timison]

Yes! Roadside business increase sales, and when there is an increase in sales there will also be increased in profit

 

[Samuel72]

According to my own point of view I don't believe roadside business increase sales and profits but sometimes people inflate the price of things when selling by the roadside, I believe this might make people believe roadside business increases price and profit. the only thing is that roadside business sometimes attract more customers to you and also gives you more sales. And sometimes when people have much customers the easily increased the price of their stocks

 

[Alexandoy]

Yes, is my answer about roadside vendors doing great business. Whenever we would have a trip to the rural area we never fail to stop when there is a vendor selling boiled corn, fruits and even vegetables. Their merchandise are like "eye candy" to the travelers that if you have money to buy then you will buy just to satisfy your curiosity.

 

[Abee111]

Having a road side business or esterblishing a road side business is a good idea of making profit, its profitable and it helps in many ways.when there are plenty customers, that means there is sales and profit too. Road side business attract customers from different dimention, because you product or goods is visible to everyone who is passing, people can see it.some road side trades even feed their families with it, some has become rich with their sales by the road side. So its sales increases and profit also.

 

[Setho]

The very simple logic behind this is the fact that many customers are going to buy from a shop that define that is very easily accessible. That is why businesses that to setup close to route sites that are busy have a higher chance of being more successful dandiya counterpart