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Thursday, 5 July 2012

Is Setting Up A Perfume Shop Profitable

By Shannon L Smith


Women have been using perfumes since ages and it has been found that men also like to wear perfumes. Setting up a perfume shop might sound quite lucrative and a profitable venture, but it's not as easy as it may seem to be. You need to choose the location of the perfume shop quite carefully. You should ensure that there is no competitor in your area.

Setting up a perfume shop also depends on the location. It has to look alluring and attractive and should be located where there are a number of women, like in a shopping mall or a market. A perfume store can only be profitable if it carries the entire range of perfumes. Men also like to buy perfumes for women they love, but they have a hard time deciding which perfume to buy. They need help in making a decision and this is where good salesmanship is needed. You need to know the perfumes and the fact that which perfume will suit a certain type of woman.

Perfumes are worn by women according to the season. They may have a different set of perfumes for the winter and a different set for summers. At times, a new perfume comes in the market and is heavily advertised by the makers. You may have a lot of women demanding to try it. Your collection of perfumes has to be up to date. You cannot just specialize in perfumes, you must also carry deodorants, colognes etc. The perfume shop must be a shop that caters for everything that women may demand.

Yes, perfume makers want to make sales, as they want to maximize your sales. But, they want to know that your business is legitimate and that you are serious about setting up an online perfume shop. You need to work out the economics of the venture that you are getting involved in. Buying and delivering third party products can be quite hairy. Therefore, you need to be very serious about setting up an online perfume shop. The competition is going to be enormous and you need to retain your edge in that. You can only achieve this by maintaining this edge. This means that you have to maintain your honesty. A website that advertises all the perfumes but cannot deliver on customers' demands will go out of business very soon.

You must know which the popular perfumes are and you must have them in stock. You will learn how to stock perfumes as you gain experience in the business. You might stock few pricy perfumes and stock more daily wear perfumes that are more in demand. Running a perfume shop is all about giving personal attention to your customers. Some customers will sail in, ask for a particular perfume, purchase it and leave. On the other hand, you will have women who will test various perfumes before reaching a decision. You will need to be patient in handling such clients. They can get you more business and that's exactly what you want. To run a successful perfume shop, you will need to develop a clientele. This will require very savvy and courteous salesmanship.




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