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on July 13, 2024
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For Retail: (service or goods, including food & beverage): Critical is location, location, location. Next is engagement whilst customers, for retail is experience, discover can fundamentally be experienced through passionate retail service business. If your retail employees are not obsessed with their work, change their passion or change them! If your location is useful and the rental is high, benefit from it obtaining your customers to buy at higher dollar value, or do more 'pay first and collect goods now' sales. Like one Chinese dim sum restaurant in Tanjong Pagar (one of the busies town with expensive rental in Singapore) did, they added one take-away counter outside their restaurant and see their sales increased by 27%.
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