Thursday, September 9, 2010

Retail used to mean brick and mortar

July 18, 2009 by admin  
Filed under Choosing the Right Business

But brick and mortar gets to be expensive.

In today’s technological world it’s easy to create a “retail store” and sell online… through eBay. In fact, you could set up an eBay store within a few days. You need a source for product and a place to store things. That’s about it.

And don’t forget Flea Markets.

I knew a business owner here in New York many years ago that imported handbags and leather tote bags from Korea. He sold these to retail stores throughout the country who marked them uleather totep to full retail.

But on the weekends, he and his partner went to area flea markets within 100 miles of New York City. He once confided in me that they made more money on the weekends at the flea markets than they did as a distributor for their leather tote bags.

For people with a propensity for retail, our world presents numerous opportunities for creative thinkers.

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