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Topic created : 14 December 2011, 01:31

beechy

K.B. International

Hey im new to this and i seem to be spending a lot of money on stock and some sells and some don't.
can anyone tell me why?

I also would like to know if when i find a supplier will they automatically keep supplying me with goods each day or do i have to keep ordering more? (which i think i've been doing?)

if there is anything else you feel i should know other than this subject feel free to post but if anyone could help me that would be great!

Oh one more thing should i close down my mill? it keeps making a loss and the flour i produce is too expensive and no one buy's it.. i can't buy it from my self because i wont be making no money on it at all just a loss?

Help Please Well

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14 December 2011, 02:02

Last time edited : 14 December 2011, 02:08

VLLord

Golden Empire

Because of incorrect retail strategy. Use 1 store = 1 department and your sales will go up significantly. Also pay your attention to price/quality of goods: try to order quality a bit higher than average and retail it at average price.

The answer to the second question: supply is automatic.

Is the loss relatively big comparing to your day profit? If no, just let it stay as this mill induces your qualification in production to grow.

Consulting Services. Improve your business today!

14 December 2011, 02:22

Last time edited : 14 December 2011, 02:25

beechy

K.B. International

so what your saying is i should sell a lot of different things in one store? i should sell the same product?
and well my mill is using up to like 15k daily loss and i would prefer if it wasn't making a loss at all.. i have moved all my grain to a warehouse that i just opened up so that i can try to sell that? and then i can close down the mill with out loosing all that it has in stock? Correct?

+ i should open up a lot more stores to sell different products? even though i sell the products in one store and people still buy them? doesn't that mean i have to use more staff in which case more funds? also the rent of the building?

and one more question.. does the size of the store make much of a difference? enough to cover the more expensive rent?

14 December 2011, 12:46

illuvatarm

illuv inc.

Oberyn enterprises

VLLord is sayiong that in a single store you should stick to products in a single category. Like for example 1 store for "Foodstuff" products , 1 store for "Jewelry" products. Since you need higher manager level if you have a store wich sells for example both "foodstuff" & "Jewelry" products

As for multiple shops it will cost you more in rent & personel , but the important thing is you should do some market research before openeing a shop. Cause you must see that at least you can supply your store with producta you can sell.
There are some tips in the Newbie's Guide in the FAQ section of the forum http://virtonomics.com/mary/forum/forum_new/13/topic/101622/view

As for the size of the store the bigger the store the more weekly visitors/shoppers you will have at your shop (for the same level of store reputation)

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