Dont know what to sell!!

RealMagic SG · 2008-04-14T13:11:32+00:00

If I were you, TS, I would go find other ways to get income, and not "destroy" this source of passive income. x2It's easier to collect rent than to run your...

RealMagic SG

My dad have a small shop at chinatown area. Currently its being rented out. But my family couldnt totally depend on the $ from the rent for a living. Thought of getting back the shop and not renting out to others. But doesnt know what business should i do nex time. Food/drinks stuffs are not allowed to be sold.

Can anyone recommend what should i sell? i thought of opening a CD shop, but sharing music thru msn is such a common practice now so opening a CD shop might not be a good idea. And usually teenagers would frequent bugis rather than chinatown. So selling stuffs for just teenagers age type might not be profitable..

gunner77 SG

massage palour, sure got business

Maith SG

massage palour, sure got business

and other 'extra' service..

toyota-corolla SG

Instruments.

Maith SG

jamming studio! We need more of those!!

elementalangel SG

sell sex toys.. sure alot of tiko go buy de

dibilo SG

sell sex toys.. sure alot of tiko go buy de

There is already a sex shop at lucky Chinatown... that place is also full of souvenir shops so opening another one is not a good idea. Chinatown not much entertainment area... maybe open lan shop bah... tourist can go email, kids can go pa lan games.

Alternatively, no one says u need to totally depend on rental fees. Why not find an easy job to earn a little and use the rent as supplement?

FireIce SG

u need to do ur survey at the area
who are the ppl .... wat age group... when the peak hours...
wats oredi selling there....

wat can be ur niche? do u want to be special or just go with the trend and fight for the same pie as others?
wat kind of stock u think u can get cheap and easily available supply?
wat marketing and sales strategies u going to adopt?

eagle SG

increase the rent

and find other sources income

Should continue renting it out since it is a form of passive income.... An income-generating asset.

wonderamazement SG

Apparels?

xiaoxui SG

If you are not sure what to sell, better continue renting it out as doing biz is not easy today.

RealMagic SG

1st floor is all the shops. Most are selling clothes, shoes and there's a few CD shops already. Most are selling souvenir stuffs like keychains, masks, or those statues. Then 2nd floor is hawker center. Alot ppl go eat 1. Its very big and damn crowded. Esp at night. Ren shan ren hai..

Xcert SG

so?

if ur interest is not doing business...shui xie bu tong also no use to U...

Hello Kitty SG

there oly got msian, prc & old ppl.

maskedangel SG

open macdonald

小白脸 SG

snooker centre

maskedangel SG

lan shop

dibilo SG

LOL u sure its a shop or is it a stall? from what u are describing, it seems like its one of those market stalls leh. if its market stalls then forget it... if u dun have lobang. Those cd shops there already selling damn cheap le. There are also lots of shops selling clothes le

RealMagic SG

is shop. but cannot sell food/drinks stuff on 1st floor

Lorry` SG

CD shop is out....

Apparels is ok, but you have to think what makes your shop unique that attracts people to patronise your shop. Nice and cheap clothes/accessories? Where can you get the goods?

What are the stuffs people are sellin in that area near ur shop? ok you say CD clothes food souvenir.. do you want to sell the same stuffs as em? if yes what would you do to make sure customers to flock to ur shop instead of others?

Who are the people that hang around there? Caucasians/foreigners? Who are your target market?

personally i think just continue renting the shop.... and find other things to do

just some suggestions....