Jugg
Crypto Builder/Trader/Investor
LEGACY MEMBER
Read Rat-Race Escape!
Read Fastlane!
Read Unscripted!
Summit Attendee
Speedway Pass
Register now
You must login or register for fastlane membership to view hidden content on this page.
Now retailing isn't what you would really call fastlane I guess, so I'm just going to make it as hands-off as I could.
We currently have 2 showrooms in the country, operating like any other brick and mortar at the moment. We are targeting the mid-high end market, so volume is going to be manageable but margins would be thick enough to afford advertising and marketing. Also definitely going to be using my web dev and marketing chops to build customer lists for follow-up marketing and to encourage referrals.
The business is currently doing well, but does require quite abit of manual intervention which is the first thing that's going to change!
Recently hired a sales guy who's supposed to be really good so hopefully that helps. I have a ton of work for him to do so hopefully when all's said and done we would be able to have a really strong presence in the country and start considering expanding across the border.
Update: I forgot to mention that this is a retail business selling furniture. We started off selling just outdoor furniture but are now doing wooden furniture too.
We currently have 2 showrooms in the country, operating like any other brick and mortar at the moment. We are targeting the mid-high end market, so volume is going to be manageable but margins would be thick enough to afford advertising and marketing. Also definitely going to be using my web dev and marketing chops to build customer lists for follow-up marketing and to encourage referrals.
The business is currently doing well, but does require quite abit of manual intervention which is the first thing that's going to change!
Recently hired a sales guy who's supposed to be really good so hopefully that helps. I have a ton of work for him to do so hopefully when all's said and done we would be able to have a really strong presence in the country and start considering expanding across the border.
Update: I forgot to mention that this is a retail business selling furniture. We started off selling just outdoor furniture but are now doing wooden furniture too.
Dislike ads? Remove them and support the forum:
Subscribe to Fastlane Insiders.