Do you think pushcart rental rates at most major shopping malls are too high?

Jasmine

Hi

Appreciate participation so everyone can get a good picture of whether rental rates in major shopping malls are in line with the value they provide.

Regards
Jasmine

__________________
When life hangs you down, remember to look up

yanhomebiz

to me is too high,becoz i dun have much capital...

TradersCabin

My theory on this it depends on the traffic and what you're offering to the consumers. In terms of traffic, it's basically the same theory for off-line and online, you need people to visit your store/website and than convert them into buyers.

A simple comparison will be between vivo city and the shopping space beside Doby Gaut MRT station. Vivo got a fairly good traffic and the shopping space traffic was way terrible. You can sell the same products in both places but at the end of the day, the shop that receive better traffic will of cause have better sales.

I've got a friend who rents a space in Vivo for 10k/month and he's still making good profit. The products have to appeal to the mass public as well because if it's something the people do not want or need, having a good traffic is useless as well.

You Teck

__________________
Warmest Regards,
You Teck

KarryMi Jewellery

I feel that seasoned push cart operator might find the rental of 100+ per day reasonable esp when they have gather some regular customer who will patronise their stall. Whereas new setup like myself will feel that the rental will add up the cost too much and when we have to sell higher, we find its more difficult to sell. Tried to share with a friend who is selling fashion watches, but push cart mgt don't allow mixture of product.

xiaocai7

Rental of 10k and makes profit, wanna check whats he selling?

xiaocai7

Well i think personally pushcart its about starting a business with lesser overheads than a shop.

I think those shopping centre management leech us on the high rentals. In fact, we are pulling more crowd to patronise them.

The mgt should know we don't earn much and need to pay so high rental. We are only occuping a small unused place.

yokekuin

I totally agree with you!!!

sugarnspice

I agrees too! The rental for a pushcart at a shopping mall is quite high for some of us who do not have a high capital.

jk2305

it's really dependent on the crowd and time of the year, some places could be reali seasonal.. but i do agree that the operation costs of pushcarts are rising beyond what normal pushcarts operators (small players like ourselves) can handle. the idea of pushcart is to minimise costs but many malls these days even suburb malls like hougang charges $100 - $120 per day, as good as operating a shop lor..

thegratiae

It is really high for small or new start up like us.