Hi there, I'm new to this forum and was pretty amazed by the information shared by everyone!
I'm also interested to startup a new biz, most prob female accessories, but I need to seek your expertise on the location of Suntec's push cart. What do you think of the crowd and their interest in the carts there? I've heard feedback that the crowd mostly go there for food and beverage, what do you think?
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Suntec's Push Carts
Hi.
These is what i think.
When the location hav the market, there will be competitor
When the location hav no competitor, there maybe don hav the market.
Check up the area to see is there any current or subsitude competitor, and see how their business is doin.
If there is no competitor then there is a higer risk. (no risk no gain)
Who know, maybe you are the the one who started the first push cart sellin woman's accessories and it draw crowd to buy from your cart, Eatin the whole piece of cake in that location.
Be sure that your products are unique and are in reasonable price if there is no competitor.
Good Luck.
Anyone here can give better suggestion? I also want to know what expats here think.
These is what i think.
When the location hav the market, there will be competitor
When the location hav no competitor, there maybe don hav the market.
Check up the area to see is there any current or subsitude competitor, and see how their business is doin.
If there is no competitor then there is a higer risk. (no risk no gain)
Who know, maybe you are the the one who started the first push cart sellin woman's accessories and it draw crowd to buy from your cart, Eatin the whole piece of cake in that location.
Be sure that your products are unique and are in reasonable price if there is no competitor.
Good Luck.
Anyone here can give better suggestion? I also want to know what expats here think.
Ok, hre's an expat's opinion - don't know why you'd want it, though
Pushcarts are better off at suburban malls, simply due to the cost. Suntec charges a fortune when compared to Bukit Batok, Jurong or CCK. Do you get more traffic at Suntec? Possibly, but not necessarily the purchasing kind. Also, don't forget that you have to justify your product to the centre management and they go on criteria like:
does your product directly compete with existing shops?
does your product enhance the mall?
does your product make seasonal sense (like selling Easter bunnies now
)
So, lots to go over - give the Suntec Centre Management a call and ask them the same question: cost, availability, product type, location etc . . .

Pushcarts are better off at suburban malls, simply due to the cost. Suntec charges a fortune when compared to Bukit Batok, Jurong or CCK. Do you get more traffic at Suntec? Possibly, but not necessarily the purchasing kind. Also, don't forget that you have to justify your product to the centre management and they go on criteria like:
does your product directly compete with existing shops?
does your product enhance the mall?
does your product make seasonal sense (like selling Easter bunnies now

So, lots to go over - give the Suntec Centre Management a call and ask them the same question: cost, availability, product type, location etc . . .
......................................................
'nuff said
'nuff said

my two cents worth..
Location, location and location is the most important aspect of any retail business. My uncle run a prominent cd/vcds retailing business in spore. Human traffic is critical. He can always setup his chain stores at lower cost suburban areas, but without the traffic, he cant make any decent profit. Although town areas rental are high, the large human traffic often gives a better profit margin. Its all really balancing up thing.
Unless your products attract ppl to your store irregardless of the location, then location is not critical. For example, wine outlets at dempsey road.
Location, location and location is the most important aspect of any retail business. My uncle run a prominent cd/vcds retailing business in spore. Human traffic is critical. He can always setup his chain stores at lower cost suburban areas, but without the traffic, he cant make any decent profit. Although town areas rental are high, the large human traffic often gives a better profit margin. Its all really balancing up thing.
Unless your products attract ppl to your store irregardless of the location, then location is not critical. For example, wine outlets at dempsey road.
hm..
ya, i also agreed that should start small scale, selling things at flea markets or even pushcarts.
I saw of this link - http://www.rp.edu.sg/cie/pushcarts/form.asp
where students or even public can rent pushcarts to sell their things.
maybe you would like to check it out.
cheers!
I saw of this link - http://www.rp.edu.sg/cie/pushcarts/form.asp
where students or even public can rent pushcarts to sell their things.
maybe you would like to check it out.
cheers!
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