balser Advertising:
You should always continue to advertise. However, you should look for a sustainable rate for each store because as you have more stores it will become more time-consuming to adjust for each store. By sustainable, I mean make sure your store is still profitable after advertising.
If I were you I would:
Open a new store (or several). Build stores in places where prices are high (usually taxes are also high). These places will give you better margins because your suppliers charge one price internationally while stores can sell at local prices. As far as employees go, always keep just enough or a little more than enough. Having too much does nothing for you and may actually hurt you as customers may be bothered by their constant presence.
Starting out, all your stores should probably be at the outskirts of town instead of the residential area. The more expensive areas are generally used when you have very high quality stock for sale.
False. The expensive areas care more about quality than the cheaper areas, but you can still do well selling only q1 goods. The expensive areas also get more visitors which means more sales.
I agree with opening more stores, especially in new regions as your top manager efficiency is already reduced. |
