Notice: Payments for answers will end 4/10/2017. Click for more info.
You have new items in your feed. Click to view.
Question and answer
Q: Briefly describe the five key factors in selecting a good location for a "brick-and-mortar" retail store. Which of these factors do you believe is most important? Why?
A: 1. Distance from a similar store or a competitor. 2. Population density and average income of the area. Are you selling something that you expect people can afford and are willing to buy? 3. Parking, ease of entrance/exit to and from the store. [ People are a lot less likely to stop at a place that is hard to get to, doesn't have adequate parking, or they have to wait through multiple stop
lights just to get in and out of. 4. Laws governing the height, dimensions, and lighting of signage. 5. Taxes. Sales, property, income, and payroll for the particular area. 6. Surrounding businesses. Are they complementary (will people who shop there be likely to visit your store)? Other outlets where consumers can stop without driving somewhere else and having to go through the hassle of parking again. It makes shopping that much more convenient and any time you can save your customers time, you're ahead of the competition. 7. Number of people who will see the store. Is it near busy streets and highways where a lot of people will drive by? Is there foot traffic? 8. Cost of the real estate, construction, and insurance. Is there existing infrastructure? 9. Zoning laws. Are they compatible with what you want to do or do you have to secure a variance? 10. Do you have adequate storage and room to unload supplies? How far are you from your primary vendors and how much is shipping? ]
Expert answered|newbre|Points 40|
Question
Asked 11/27/2012 9:41:15 PM
0 Answers/Comments
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
26,827,449 questions answered
Popular Conversations
What is the double jeopardy principle
Weegy: Principle is a law or rule that has to be, or usually is to be followed, or can be desirably followed, or is an ...
4/19/2018 6:55:12 PM| 3 Answers
How many amino acids are there? A. Three B. Seven C. ...
Weegy: Amino acids are organic compounds that combine to form proteins.
4/20/2018 7:55:39 AM| 3 Answers
Solve 7(x - 3) = -70.
Weegy: Step 1. 5x-10-3x+12=10 Step 2. 2x+2=10 Step 3. 2x=8 ...
4/20/2018 11:45:54 AM| 3 Answers
Between what two numbers would 9 be located on a number line?
Weegy: The number 9 would be located between 8 and 10 on a number line. User: Estimate the sum of 202 and 57.
4/26/2018 5:50:25 PM| 2 Answers
The technique of using words with the same vowel sound is ...
Weegy: User: The technique of using words with the same vowel sound is A. rhyme. B. assonance. ...
4/24/2018 9:16:03 AM| 2 Answers
Binary star
Weegy: Binary means composed of two pieces or two parts. User: Constellations
4/24/2018 12:12:08 PM| 2 Answers
S
P
L
P
P
P
P
Points 246 [Total 672] Ratings 0 Comments 246 Invitations 0 Offline
S
R
L
R
Points 234 [Total 372] Ratings 0 Comments 34 Invitations 20 Offline
S
1
L
L
P
R
P
L
P
P
R
P
R
P
R
Points 233 [Total 13036] Ratings 0 Comments 223 Invitations 1 Offline
S
L
Points 97 [Total 97] Ratings 1 Comments 57 Invitations 3 Offline
S
Points 71 [Total 71] Ratings 0 Comments 21 Invitations 5 Offline
S
Points 50 [Total 50] Ratings 0 Comments 0 Invitations 5 Offline
S
P
L
Points 35 [Total 126] Ratings 0 Comments 35 Invitations 0 Offline
S
Points 30 [Total 35] Ratings 3 Comments 0 Invitations 0 Offline
S
P
Points 25 [Total 69] Ratings 0 Comments 25 Invitations 0 Offline
S
Points 20 [Total 20] Ratings 1 Comments 0 Invitations 1 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.