Other People’s Recycled News | Sept 21-27
28 Sep
Toronto’s “mink mile” remains the most expensive street in Canada for retailers, according to a Cushman & Wakefield study released yesterday, costing an average of $300 per square foot annually to set up a retail store. For a 1,000-square-foot boutique such as the Montblanc space, that could mean an average cost of $300,000 annually just for rent.
Road to retail careers paved in good training
“If someone naturally has an outgoing personality, likes interaction and working in a dynamic environment that changes minute to minute, then retail is a good choice”
‘Simple’ turns RIM’s head
“As an investor and as an entrepreneur, I like things that are new and exciting and that are at the forefront of a new technology,” Mr. Markou said. “If something doesn’t already exist, you can catch the wave right from the very beginning.”
Turn tire-kickers into customers
That brilliant marketing tactic made me wonder how many Canadian entrepreneurs are as adept as that souvenir seller at winning commitments from potential prospects. What do you do to elevate your relationship with the “just browsing” or to increase your chance of landing a sale tomorrow that you didn’t make today?
Marketing Through Customer Appreciation
If you want to hear innovative, inexpensive ideas for marketing, just talk to an entrepreneur. I was reminded of this when talking to Tom Lotrecchiano, co-founder of Canvas On Demand, a Raleigh-based company that takes the photos customers upload and prints them onto canvas, creating artwork out of personal images.
Andy Buyting has been in the retail industry since he was six years old. Today, he applies his entrepreneurial know-how to Green Village Home & Garden, one of Canada's most successful specialty garden stores. Green Village Home & Garden is currently expanding into multiple locations throughout eastern Canada.
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