Thursday, December 4, 2008

RETAIL



Retail is the sale of goods or commodities in small quantities directly to consumers.



Food and drinks top the list of products Filipinos would buy on a regular basis. Other products such as clothing and electronic gadgets are no longer seen as important by Filipinos.



Location is an important aspect of a business. In the retail business for instance, where a store is located is an important aspect which will define its success or failure. Being situated in SM Megamall in Mandaluyong or the Glorietta Mall in Makati will define the business as a success. However, to register for entry would mean waiting for a long time because these malls are so popular that the list is so long.



It is better to start with other less popular malls such as the Festival Mall in Alabang or Robinsons Galleria in Ortigas.

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