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Question for small business owners of retail spaces

Posted on 12/6/17 at 3:52 pm
Posted by Will Cover
St. Louis, MO
Member since Mar 2007
38511 posts
Posted on 12/6/17 at 3:52 pm
I'm in the process of selecting my initial product mix and will figure out quantities as I move a little further down the road.

My question is centered around planograms and if it is even feasible to hire a visual merchandising specialist (consultant)? A quick Google search for my area doesn't reveal too much.

Planogram software, from the research that I have done, can be pricey -- so my thought is if I hiring a visual merchandising specialist to help with shelf layout may be cost effective if by the hour?

I know that I want my store's layout to be simplified. Store must be organized, with strategic displays and clear departments with signs clearly labeled to show customer where product is. I want the window areas to be merchandised with high margin items and accessories so that I have an opportunity to appeal to anyone that walks by. And lastly, I know I want to lay out my store so that I can send the customers in the direction that is most profitable for me.

Getting proper displays and signage is a must as well as bringing in graphics to surround my store so people will know what kind of store they are in.

Saying all this, for those of you with more experience at this that I have right now, is it worth pursing a visual merchandising specialist?
Posted by Lou
Modesto, CA
Member since Aug 2005
8282 posts
Posted on 12/6/17 at 4:19 pm to
Have you looked at SmartDraw ? LINK

Posted by Will Cover
St. Louis, MO
Member since Mar 2007
38511 posts
Posted on 12/6/17 at 4:30 pm to
Before your post, no.

After your post, yes!
Posted by lnomm34
Louisiana
Member since Oct 2009
12604 posts
Posted on 12/6/17 at 5:20 pm to
Whatcha selling, brochacho?
Posted by oklahogjr
Gold Membership
Member since Jan 2010
36748 posts
Posted on 12/6/17 at 5:27 pm to
I wouldn't, if use Google sketchy to layout the building. identify signage locations and then place the appropriate space there for signs to see how it would look. also you could stand in middle of empty space and take pictures using an olio board and snipping tool to have mockups done for free of signage. shelf spacing can go in sketchup
Posted by Will Cover
St. Louis, MO
Member since Mar 2007
38511 posts
Posted on 12/6/17 at 6:48 pm to
Is an Olioboard similar to freelancers such as Fiverr? Haven't done any research on this, but I appreciate the suggestions for Google Sketchup and Olioboard.
Posted by StealthCalais11
Lurker since 2007
Member since Aug 2011
12447 posts
Posted on 12/6/17 at 8:01 pm to
How large of a retail space we talking here?
Posted by GFunk
Denham Springs
Member since Feb 2011
14966 posts
Posted on 12/6/17 at 8:59 pm to
Had a buddy that did it for awhile before getting in on some bigger better deals. Have another one doing it now still. Interesting stuff.
Posted by Will Cover
St. Louis, MO
Member since Mar 2007
38511 posts
Posted on 12/7/17 at 8:09 am to
Not fairly large.

This will be more of a complementary service to the rest of my business, i.e. approximately 15 to 20 percent of total revenue, but has the potential for growth if positioned and marketed right. This is one of 5 revenue streams that I am looking to do.



Posted by Will Cover
St. Louis, MO
Member since Mar 2007
38511 posts
Posted on 12/7/17 at 8:10 am to
With regard to your buddy/buddies, I would love to hear what lessons he/they learned going from the first one to the second.

I'm trying to talk to as many people as possible to learn as much as I can before making mistakes on my own.

This post was edited on 12/7/17 at 8:12 am
Posted by SLafourche07
Member since Feb 2008
9928 posts
Posted on 12/7/17 at 8:53 am to
quote:

This is one of 5 revenue streams that I am looking to do.



Gas
Propane
Chips/Drinks/Candy
Hot Meals
Bad "souvenir" items


Did I nail it?
Posted by Will Cover
St. Louis, MO
Member since Mar 2007
38511 posts
Posted on 12/7/17 at 9:54 am to
quote:

Bad "souvenir" items


We call this impulse buys or "high margin items!"
Posted by GFunk
Denham Springs
Member since Feb 2011
14966 posts
Posted on 12/7/17 at 4:35 pm to
Do you have a TD e-mail? I don't have one tbh so if you don't mind sharing I can try to coordinate a convo between y'all.
Posted by Will Cover
St. Louis, MO
Member since Mar 2007
38511 posts
Posted on 12/8/17 at 2:43 pm to
will.cover@

Any personal information that you share with me through e-mail will NEVER be revealed by me to anyone.

This post was edited on 12/10/17 at 8:17 am
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
25455 posts
Posted on 12/8/17 at 2:52 pm to
Hang on, so you've been posting for a year about the business you are going to open with all these questions/concern and it's been a gas station the whole time? I'm all for doing things right and being prepared, but come on.
Posted by Will Cover
St. Louis, MO
Member since Mar 2007
38511 posts
Posted on 12/8/17 at 3:54 pm to
As long as it a legitimate, viable business that provides for my family and me, what difference does it make if it is a gas station convenient store?
Posted by Jjdoc
Cali
Member since Mar 2016
53435 posts
Posted on 12/8/17 at 3:58 pm to
Hmmm.... When are you opening or are you open?


Have some cool contacts for you.
Posted by hiltacular
NYC
Member since Jan 2011
19665 posts
Posted on 12/8/17 at 4:15 pm to
dabigfella is our resident gas station expert
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