Remove Expansion Remove Hobbies Remove Planning Remove Social Media
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How To Set Up A Retail Business

Retail Focus

The restrictions imposed during the coronavirus pandemic resulted in many people learning new skills or returning to hobbies that had previously fallen by the wayside. Creating a business plan. Writing a business plan outlines what your business does and the goals you want to achieve. What are the products you’ll stock?

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Achieving Business Goals: Marketing Targeting

Retailing Insight

I f you’re planning to expand your business into new markets or launch new products, you need to find your target markets to maximize your success. Do they have any hobbies? PSYCHOGRAPHICS – What is their lifestyle and perceived social status? GEOGRAPHICS – Do they live in a city, suburb or rural area?