Why establishing a lighting shop is not as easy as it seems
A lighting shop,like it’s rather plain name suggests, is a place that sells electronic lighting facilities. It can be in the form of bulbs, tubelights, lamps or fancier forms like chandeliers etc. A lighting shopscales on various sizes. Many people own huge and larger than life businesses selling various lights and other forms, since this is their main source of living. From chandeliers of various shapes and sizes, lamps and bulbs to LEDs of fancy colors. All things about lights, can be found in this kind of a lighting shop. On the other hand there also exist the kind of shops, that exist on a much smaller scale and do not offer a fraction of the former’s variety. These kind of small scale lighting shops, often specialise in selling plain everyday bulbs and repairs of broken lights.
How does one lighting shop, differ from the other?
The main purpose of any business and the main purpose of setting up one, is to earn money and make profits.Like mentioned above, a lighting shop, can be of various types. Many people, survey a particular market, inspect the need and profitability of alighting shop in a particular area and then determine whether or not setting up one, would prove to be profitable and beneficial, and if so, then at what scale.
Factors determining the type of a lighting shop to be established.
Like any other business, there are various factors that determine, whether or not a lighting shop should be established in a particular area or market, like competition, social status of people residing in nearby areas, so as to determine the product price range, that would be deemed affordable. After all thes have factors have been taken into account and it’s decided that it would be profitable to establish a lighting shop, one must determine the scale, size and hence the capital to be invested.
A small size repair shop would not require much pomp and show and can be set up in any small space with minimal investment. However if a person wishes to establish a flagship store or start his own lighting brand, he/she needs to ensure that their store has a certain level of ostentatious show, so as to attract clients and people who have disposable income to burn. When it comes to such types of stores, the outer appearance of the store matters as much as quality of goods and service provided.
While at first, a lighting shop might seem like a rather uneventful business, but if one was to peek with a deeper ehe, they would realise that this business also requires effort and attention to detail as much as any other industry.