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- Mar 25, 2006
Originally Posted by BdeaZy
Originally Posted by roora85
i own 3 brick and mortar sneaker/clothing stores and a pretty successful online website, no I will not mention what site it is. I will stay anonymous.
my advice to anyone who wants to get in to this business; DON'T. This will become your life, if you like it then go for it but prepare to be in debt for a long time. The days when you make money from a brick and mortar store aka mom and pop shop are over. everything is debt, more debt and bills.
if you decide to do a shop, then do something related to service, and no products. the hardest part about a sneaker store is ordering merchandise. YOU WILL NEVER ORDER ONLY THE HOT STUFF THAT SELLS. Out of the 1500 pairs of sneakers i order each month, i might sell about 400-500 a month. yes that is all. you will be stuck with the other 1000 and then pray to GOD for them to sell. if you do not understand this, go to your local mall and look at macys. DO YOU SEE HOW MANY ITEMS ARE ON SALE? why do you think they are on sale? BECAUSE THEY DONT SELL. and you will be stuck in the same situation and so on.
REMEMBER THIS WILL BE YOUR LIFE. YOU WILL WORK 24/7.
I ENVY people with 9-5 jobs. weekends off, and vacation time with benefits/insurance and so on.
You picked the wrong business, and unsuccessful. There will soon be nothing in that market. Stay anonymous.
That is the dumbest thing i have ever heard people will always need shoes