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Topic created : 4 January 2012, 23:56

beechy
Winner of the Contest for Managers in the nomination The Standard of Virtonomics Winner of the Contest for Managers in the nomination Trade Turnover Winner of the Contest for Managers in the nomination Qualifying examinations for the Candidate's degree
m:
K.B. International
l:
K.B. International
 
Hey there i have been suffering from slight losses on my realms lately.. anything from 50k-2.5m.. i was wondering if i should use advertisment to try and incourage customers to my stores and purchase products from me?
if so how much would i invest into advertisement?
Also i would like to know why when you want to buy something to put in your store.. the items that you try to buy are never available? and the only ones that are, are so high that you could never make any profit from them.. also sometimes ill be selling like 2k of such item.. and then few days later im selling like 50.. even the the prices haven't increased or anything.. and then my stores are not making so much money...
 
if anyone could help me turn around my business i would appreciate the help Very we!   

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10 January 2012, 14:51

Last time edited : 10 January 2012, 14:54

redhakaw
Anniversary star  "One year with Virtonomics" Retail Elite
l:
RedHakaw Corporation
 
beechy
so i opened a new store.. i stocked it with goods and on the day that it actually brought in sales it took 800k+ profit but the feedback is "very high" so i just moved it to store size 100,000sq ft and put a bit more advertisement to it?
 
tell me that was the right thing to do.. i mean the rent on the store now is more than my profits but this will increase correct?

 
I think 100Ksqft is the highest and it won't go for Elite(well I never had it)
 
if you're at 10k, try to set your employee salary ridiculously high, if it won't get Elite, then it's time to move to larger store. but beware, 100k is very hard to manage if you have low Top mgt. 
 

10 January 2012, 15:22

JustNash
The winner in the nomination Standard of Virtonomics of the contest for presidents The winner in the nomination Storm of regions of the contest for presidents The winner in the nomination Your way to success of the contest for presidents The winner of the contest for presidents Fitness Tycoon Medicaster
Russia retail leader Winner of the Contest for Managers in the nomination Qualifying examinations for the Candidate's degree The winner in the nomination Your way to success of the contest for presidents Fitness Tycoon
m:
Premium Brands
l:
Premium Brands
By the fifth anniversary of Virtonomics
Strawberry jam
Strawberry jam
For a reliable partner!
 
it IS possible to have a 100k m² store with an elite service level. I just don't know if it is always possible :-)
 
I actually have some stores like that, and last night there was a tender where 3 of the participants had an elite service level. I just comfort myself in saying that if you have 800000 visitors a week in your store, you cannot keep everybody happy :-) 
 

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