hi chix, where r u taking courses for mani/pedi?chixchix wrote:suree will.. In fact I am going for courses to learn my mani/pedi to open up my own biz. As long as there are malls sprouting in proitable locations, it iwll definitely work out. But of cos, you have to do some marketing on your part as well.
ya i agree it seems manicure is getting common and u have to put in extra effort in marketing it.. but i guess it still boils down if u have enough capital to make it bigsundaymorningstaple wrote:Actually, the odds of it working out for a long period of time is rather small. Unless you are offering other services as well or are part of a large chain of operations where costs can be defrayed.
ksl could give you more info here as I am not really into marketing but a good example of a good thing gone sour here in singapore was the bubbletea fad. Everybody and his brother opened up bubbletea shops in every centre in singapore even next door to one another. Eventually, 90% went belly up due to too much competition. Even if you are in a high traffic area, if there are other there then you need to divide the traffic flow by the number of shops selling the same product in order to get a realistic traffic flow possibility. Only then can you project whether you can make enough money to cover ALL of your costs AND pay your salary at the same time.
Up to now, on the thread, I've not seen enough that would convince me of anyones survival chances, I see one's aim is shopping malls that are opening up, in profitable locations. I don't wish to limit your scope, by saying, that you may well be blinded, by your own vision!chixchix wrote:suree will.. In fact I am going for courses to learn my mani/pedi to open up my own biz. As long as there are malls sprouting in proitable locations, it iwll definitely work out. But of cos, you have to do some marketing on your part as well.
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