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Why Do Some Retail Shop Make It More then 1 Year and Some Don't?

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What makes a Retail shop successful and survive for more then 1 year? I've seen many shop open and close ...

View Poll Results: What important factors makes a Retail Shop successful?
Location (Proximity and accessibilty to Public Transport/Carparks) 21 65.63%
Price of Products 15 46.88%
Service Quality 9 28.13%
Knowledge of Shop keeper 7 21.88%
Uniqueness (E.g. Japanese/Korean shop, Cosplay shop, Animal themed shop etc.) 15 46.88%
Size of shop 3 9.38%
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Old 14-04-2011, 10:50 AM   #1
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Default Why Do Some Retail Shop Make It More then 1 Year and Some Don't?

What makes a Retail shop successful and survive for more then 1 year? I've seen many shop open and close over the past few months and some have only been open for less then 2 months.

What do customers see in a shop? What do we as entrepreneurs and biz owners think customers want in a shop and how to make it more then 1 year?


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