Five aspects pay attention to when choosing clothing store location

Once you decide to open a store in a certain place, you must conduct a comprehensive inspection of the chosen location to understand the traffic conditions, population density, flow of people, etc. in the area. Shop location selection is a comprehensive decision-making issue, and here is a list of some precautions for shop location selection, which may be helpful to you who are about to run a shop.
Five aspects
that should be paid attention to when choosing a shop location Shop investment is to carry out site selection, special investigation and research according to the personalized characteristics of the shop, this kind of preliminary work is just like the “pulse” in the practice of traditional Chinese medicine, through the collection of information transmitted by the “pulse”, the case analysis of the investment object, the intuitive judgment of shop investment into scientific decision-making, and the correct strategy to obtain a shop with strong production and rental capacity. There is a lot of “pulse” information in the shop, and investors can start from the following aspects to collect, analyze, summarize, and reason, and then form judgments.
1. The level of economic development of the area where the shop is located is related to the income level of the regional population, that is, the strong or weak consumption power of the regional population.
2. The local population situation, including the number, density and aging of the population, the population density is too low, it is not easy to form a commercial prosperity, and the degree of aging is too high, indicating that the quality of purchasing power is low.
3. The price of commercial housing. Commercial housing is a sign of a standard commodity, and its price reflects the spending power of the occupants.
4. The supply and demand relationship of the total number of shops in the business district where the shop is located, and the relationship between supply and demand affects the price of the shop.
5. The shop’s own conditions. The applicability of the shop’s own conditions to business is very poor, and there are many obstacles to the establishment of the store, so the use price of the shop is very low, which has a negative impact on the price of the shop and compresses the upward space of the shop value.
The above “pulses” are the main factors affecting the value of shops, which are what shop investors need to pay attention to.
Investing in shops needs to conduct technical analysis of the investment object, neither can follow the feeling, nor can it be overly speculative to play “short, flat, fast”, because shop investment is a real estate investment activity with a long cycle, must act in accordance with the law of investment, the general law of investment is: the longer the investment cycle, the greater the risk, so the investor’s final decision must stand the test of time.