Leasing retail space is expensive so before rushing out to sign a commercial lease it’s important that you prove that your products will sell. This applies to anyone wanting to open a retail business including health spas, restaurants, hair salons or any store that sells merchandise. Do people want to buy your products at a price that you can profit from? If you don’t know you need to determine if their is an active market before doing anything. Ways to Sell Products Without Leasing Retail Space1. Flea MarketsConsider renting a booth at a local flea market. There are a great way to test the market with your products. You can rent on a daily or weekly basis. You can find flea markets that are outdoors, indoors, upscale, or downscale. Just ask a lot of questions about each one and what type of customers typically visit each. Then pick the one that more closely relates to your target audience 2. Sell Retail Products OnlineAmazon is huge right now. Looking into selling on Amazon whether you ship or if you use FBA. You can also test the marketability of your products on Ebay and Craigslist. 3. Wholesale Products to Local RetailersTalk to existing retail shops who sell products that could potentially compliment yours. Do your homework to determine which ones sell to your target customer. Try to make distribution deals with these existing retailers. This might require that you discount your products and potentially not make much or any profit however it will help you figure out which of your products will sell………..and…………..at what price. 4. Home & Office Product PartiesTalk to a bunch of women and find out what types of products similar to yours that that interest them. Then organize small parties or meetups for groups of women who are interested in buying your type of products. You could also invite a few other retailers. This would be a low pressure atmosphere. 5. Restaurant RetailingVisit a few restaurants and ask them if they would let you model your accessories. You could go from table to table showing off your products. Offer to give the restaurants commissions on any sales generated. Benefits of Selling Products Before Leasing Retail SpaceIf you are able to try selling your products at different venues you will gain a lot of valuable information about your target audience and how to position your product to sell the best. Below are a few benefits:
By not leasing retail space and first testing your ideas and sales via person to person, home based parties, etc if gives you the opportunity to fine tune your products and marketing. Once you determine that your products will sell at a price that you can profit from then you are ready to find and lease retail space. If you need help finding Austin retail space for lease give us a call at (512) 861-0525 via Blogger Before Leasing Retail Space Try These Alternatives First
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Leasing retail space is expensive so before rushing out to sign a commercial lease it’s important that you prove that your products will sell. This applies to anyone wanting to open a retail business including health spas, restaurants, hair salons or any store that sells merchandise. Do people want to buy your products at a price that you can profit from? If you don’t know you need to determine if their is an active market before doing anything. Ways to Sell Products Without Leasing Retail Space1. Flea MarketsConsider renting a booth at a local flea market. There are a great way to test the market with your products. You can rent on a daily or weekly basis. You can find flea markets that are outdoors, indoors, upscale, or downscale. Just ask a lot of questions about each one and what type of customers typically visit each. Then pick the one that more closely relates to your target audience 2. Sell Retail Products OnlineAmazon is huge right now. Looking into selling on Amazon whether you ship or if you use FBA. You can also test the marketability of your products on Ebay and Craigslist. 3. Wholesale Products to Local RetailersTalk to existing retail shops who sell products that could potentially compliment yours. Do your homework to determine which ones sell to your target customer. Try to make distribution deals with these existing retailers. This might require that you discount your products and potentially not make much or any profit however it will help you figure out which of your products will sell………..and…………..at what price. 4. Home & Office Product PartiesTalk to a bunch of women and find out what types of products similar to yours that that interest them. Then organize small parties or meetups for groups of women who are interested in buying your type of products. You could also invite a few other retailers. This would be a low pressure atmosphere. 5. Restaurant RetailingVisit a few restaurants and ask them if they would let you model your accessories. You could go from table to table showing off your products. Offer to give the restaurants commissions on any sales generated. Benefits of Selling Products Before Leasing Retail SpaceIf you are able to try selling your products at different venues you will gain a lot of valuable information about your target audience and how to position your product to sell the best. Below are a few benefits:
By not leasing retail space and first testing your ideas and sales via person to person, home based parties, etc if gives you the opportunity to fine tune your products and marketing. Once you determine that your products will sell at a price that you can profit from then you are ready to find and lease retail space. If you need help finding Austin retail space for lease give us a call at (512) 861-0525 via Tumblr Before Leasing Retail Space Try These Alternatives First The Bank of America Center is a class A office building located in the heart of downtown Austin at 515 Congress Ave Austin Tx 78701. If you want to be at the center of it all, and within walking distance of the Warehouse & 6th street entertainment districts, the Texas State Capital, Austin Convention Center, and Lady Bird Lake this is the perfect class A office building for you. If you are interested in leasing downtown Austin office space and would like help finding the options that best suit your needs call (512) 861-0525. Building Size – 263,058 SF Building Height – 26 Floors Typical Floor Plate – 14,000 SF Parking – Building has a parking garage with 340 spaces. Parking ratio of 1 per 770 sf at $195 per space per month. Access – 7:00 a.m. – 7:00 p.m Monday thru Friday. 8:00 a.m. – 1:00 p.m. Saturday Security – Landlord provides on-site 24 hour access control (both manned and card key), 7 days per week. Card key access is required after hours for entrance and exit doors, & the elevators. Amenities – Bike storage room, Jimmy John’s Deli, Coffee bar, Cava Grill. Also a 4,300 sf for profit fitness center with showers and locker rooms in lower level of project. Asking Base Rental Rate – $39 (as of 1/1/2019) Estimated Operating Expenses – $23.31 (as of 1/1/2019) For information about available space at 515 Congress Avenue or other class A office buildings in downtown Austin give us a call. We will help you find great space and negotiate the best deal possible. via Tumblr 515 Congress Ave Austin Tx 78701 – Bank of America Center The Bank of America Center is a class A office building located in the heart of downtown Austin at 515 Congress Ave Austin Tx 78701. If you want to be at the center of it all, and within walking distance of the Warehouse & 6th street entertainment districts, the Texas State Capital, Austin Convention Center, and Lady Bird Lake this is the perfect class A office building for you. If you are interested in leasing downtown Austin office space and would like help finding the options that best suit your needs call (512) 861-0525. Building Size – 263,058 SF Building Height – 26 Floors Typical Floor Plate – 14,000 SF Parking – Building has a parking garage with 340 spaces. Parking ratio of 1 per 770 sf at $195 per space per month. Access – 7:00 a.m. – 7:00 p.m Monday thru Friday. 8:00 a.m. – 1:00 p.m. Saturday Security – Landlord provides on-site 24 hour access control (both manned and card key), 7 days per week. Card key access is required after hours for entrance and exit doors, & the elevators. Amenities – Bike storage room, Jimmy John’s Deli, Coffee bar, Cava Grill. Also a 4,300 sf for profit fitness center with showers and locker rooms in lower level of project. Asking Base Rental Rate – $39 (as of 1/1/2019) Estimated Operating Expenses – $23.31 (as of 1/1/2019) For information about available space at 515 Congress Avenue or other class A office buildings in downtown Austin give us a call. We will help you find great space and negotiate the best deal possible. via Blogger 515 Congress Ave Austin Tx 78701 – Bank of America Center
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AuthorThe experienced commercial realtors at Austin Tenant Advisors specialize in representing the best interests of buyers and tenants in the Search, Selection, Negotiation, and Occupancy of Office, Retail, Industrial & Warehouse Space for lease, rent, or sale in and around Travis, Williamson, Hays, Bastrop, & Burnet Counties, which are the 5 largest counties in Central Texas. We serve the surrounding cities such as Pflugerville, Round Rock, Georgetown, Leander, Cedar Park, Lakeway, Bee Cave, Sunset Valley, Dripping Springs, Buda, Kyle, San Marcos, Burnet, Marble Falls, and more. Archives
November 2020
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