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xoxoxo 20-05-2012 06:00 PM

The Retail Market is Super Quiet or What?
 
Am I the only one experiencing this unusual quietness? The retail market seems pretty quiet. There are plenty of window-shoppers and website browsers but seems like not many are buying.

I am trying to think of some of the possible reasons. :coffee:

- Economy is weak? Not enough money in circulation?
- Too many shopping malls? Too many online shops?
- GSS i.e. shoppers been waiting for GSS since 2months ago so minimal spending post CNY???
- Cheap airfares sending shoppers overseas every other month?
- Too many of the same products? Shoppers do not need to go to your shop or your website, they can easily find the same product next door??

What other possible reasons are there? :confused2:

To survive, some shops engage in price wars. This unfortunately send prices nose-diving to the detriment of other sellers. Those who cannot survive eventually close down and clear their stores sending prices even lower.

It's survival of the fittest...

u there...hang on!

meinteel 20-05-2012 08:37 PM

Re: The Retail Market is Super Quiet or What?
 
Where are you retailing? Ever since CNY went by, the retail market has been pretty weak.

This period march-june period has always been relatively weak all along but the weak economy made it worst. Besides that, many malls have sprang up over the past year which make competitive extremely intensive.

Time for retailers to tighten our belts and prepare to cut costs.

babebe 06-06-2012 06:41 PM

Re: The Retail Market is Super Quiet or What?
 
This year is tough....worst compared to last 2 yrs:roll:
But rental is still going up, while sales is diving down:confused:

Quote:

Originally Posted by xoxoxo (Post 30390)
Am I the only one experiencing this unusual quietness? The retail market seems pretty quiet. There are plenty of window-shoppers and website browsers but seems like not many are buying.

I am trying to think of some of the possible reasons. :coffee:

- Economy is weak? Not enough money in circulation?
- Too many shopping malls? Too many online shops?
- GSS i.e. shoppers been waiting for GSS since 2months ago so minimal spending post CNY???
- Cheap airfares sending shoppers overseas every other month?
- Too many of the same products? Shoppers do not need to go to your shop or your website, they can easily find the same product next door??

What other possible reasons are there? :confused2:

To survive, some shops engage in price wars. This unfortunately send prices nose-diving to the detriment of other sellers. Those who cannot survive eventually close down and clear their stores sending prices even lower.

It's survival of the fittest...

u there...hang on!


xoxoxo 07-06-2012 01:03 PM

Re: The Retail Market is Super Quiet or What?
 
Quote:

Originally Posted by babebe (Post 30613)
This year is tough....worst compared to last 2 yrs:roll:
But rental is still going up, while sales is diving down:confused:

Agree with you babebe. And everywhere is having sales even when it's outside the GSS period. :( The retail pie is just that big in SG :juggle:

meinteel 07-06-2012 03:32 PM

Re: The Retail Market is Super Quiet or What?
 
Agreed. Even big names are closing off. I believe the influx of new malls in the many towns didn't help to lower rental. Many shops are opening and then closing. Looks like everyone just have to tighten our belts meanwhile.

XavieraLin 08-06-2012 12:21 AM

Re: The Retail Market is Super Quiet or What?
 
Things must be attractive or else ppl wont buy..

prettydress 08-06-2012 09:52 AM

Re: The Retail Market is Super Quiet or What?
 
Usually the month of June and July are very quiet,everybody bring their children for holiday plus shoppng.


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