How to make money with a local store?

gap · Sep 12, 2020

Hello,
I'm living in a little city (<10.000 people) with higher GDP in europe, we have store fronts which are used by other people because we don't know what to do with it or how we can monetize customers that are not in the online space.

Are there any unique ideas you saw people are making money with space that isn't used?
Things that aren't possible: restaurant(food), travel agency, hardware store

More "passive" ideas are prefered. Slot machines aren't allowed.

Cheers

Life 101 · Sep 12, 2020

Just out of curiosity, where do you live ?
If you don't mind answer, ofc.

TomTheCat · Sep 12, 2020

Why would you want to struggle with a business when you get $$$ by renting the spaces? Search for small towns like yours on Google Street View and see what businesses are there.

gap · Sep 12, 2020

TomTheCat said:
Why would you want to struggle with a business when you get $$$ by renting the spaces? Search for small towns like yours on Google Street View and see what businesses are there.

Yes, but maybe there are some unique ideas.

TomTheCat · Sep 12, 2020

gap said:
Yes, but maybe there are some unique ideas.

Unique ideas should be related to what you can do without hiring staff, or should function with 1-2 persons, so you can reduce business costs. Also, what works in another town, won't work in yours. What will work on another street, won't work on yours. If your town is visited by tourists for example, you can have a store with handmade products. Either made there so tourists can see and share images on social networks, or either buy them from other places.

MrDenz · Sep 12, 2020

gap said:
Jews don't make holidays here.

Yes, but maybe there are some unique ideas.

Unique idea costs.

You have to do your own "look here and there" thing.

https://www.blackhatworld.com/seo/how-can-i-make-xxx-per-day-month-year.1040777/

BassTrackerBoats · Sep 12, 2020

Fixed stupid title.

gap · Sep 12, 2020

TomTheCat said:
Unique ideas should be related to what you can do without hiring staff, or should function with 1-2 persons, so you can reduce business costs. Also, what works in another town, won't work in yours. What will work on another street, won't work on yours. If your town is visited by tourists for example, you can have a store with handmade products. Either made there so tourists can see and share images on social networks, or either buy them from other places.

Yep, that's why something related to food is not really profitable. Actually this is a very tourist based area, but there is no huge attraction or mountain 20 meters away, it would be very hard to make money with these handmade products.

MrDenz said:
Unique idea costs.

You have to do your own "look here and there" thing.

https://www.blackhatworld.com/seo/how-can-i-make-xxx-per-day-month-year.1040777/

I wouldn't ask this question if I can just find it everywhere, lol.

BassTrackerBoats said:
Fixed stupid title.

Thanks

reuse · Sep 13, 2020

What's the daily foot traffic/drive-through traffic?

If it is a place frequented mainly by tourists, having a souvenir shop (with upselling and cross-selling set up) is a solid idea.

Souvenirs in front to attract, local high margin products likely to be popular among tourists inside.
Cross-sell tours, travel & accommodation, and other local attractions.
You can sit there all day and browse BHW. Hire a guy if you want to make it totally passive.

To make it truly unique, have unique souvenirs representative of your region.

DunderMannen · Sep 13, 2020

A bar by night and a coffee-shop by day.

Also; have table games available to everyone, and offer to hire out poker sets.

This way, you target both teens out for coffee, young adults out for a bar session, and even older adults looking to play poker/table games

You're welcome!

gap · Sep 13, 2020

reuse said:
What's the daily foot traffic/drive-through traffic?

If it is a place frequented mainly by tourists, having a souvenir shop (with upselling and cross-selling set up) is a solid idea.

Souvenirs in front to attract, local high margin products likely to be popular among tourists inside.
Cross-sell tours, travel & accommodation, and other local attractions.
You can sit there all day and browse BHW. Hire a guy if you want to make it totally passive.

To make it truly unique, have unique souvenirs representative of your region.

Great input, thank you! However I think it wouldn't work in this area because not that many people are walking by. There is an area a few km(miles) away where tourists with good money are literally living, haha. These souvenir stores are making pretty good money.

DunderMannen said:
A bar by night and a coffee-shop by day.

Also; have table games available to everyone, and offer to hire out poker sets.

This way, you target both teens out for coffee, young adults out for a bar session, and even older adults looking to play poker/table games

You're welcome!

I think this is a great idea, the only one that should work. Going to research this in my area and suggest that to my people. <3

Likri · Sep 13, 2020

watch / Sunglasses shop

How to make money with a local store?

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