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Saturday, June 23, 2007
I have many things to blog but I have forgotten most of it. Haha... Never had the time to blog when I wanted to and when I have the time I don't know what to blog. Haha... Life has been tiring due to work. Haha... Perhaps I am just dumb to accept such a job that no undergrads will want to do. But on the brighter side, doing retail sales really help you understand how important the sales force is to a retail business. Experience in this area is a good one because if you can't do and don't know what the bottom people are doing, how then can you lead and demand respect from them? Many a times, people on the bottom of the heirarchy of the company do not respect the people on the top because they feel that they haven't and do not know how hard it is to work at the bottom or the frontline. However, they fear the latter because they have the power to make them lose their jobs. Hence, people on the bottom tend to give the people at the top a kind of fake respect to keep their ricebowls safe. The point I am trying to articulate is that, if the person at the top came from the bottom then things will be different. So... It is a good experience. Who knows maybe next time I will own a retail business. Haha... (Although I specialise in banking and finance + accountancy) Talking about owning a business, I think one of the better businesses to start is a female shoes retail outlet. Why? Because women will never have enough shoes. They will just keep buying buying and buying. I have seen customers coming back 3, 4 times a week to buy shoes. I have also realised that in Singapore, the female shoes scene is all concentrated on the mid range onwards... Charles and Kieth, DMK, Pretty Fit, URS all have shoes prices ranging from 20 plus to about 40 plus. Why nobody open one that is like budget shoes for those teenagers who want ten thousand nice shoes but got no money? Open one that ranges from 9.90 to 19.90 lahz... Haha... Of course the standard cannot be like Bata. The cost of producing the shoes are actually quite cheap according to my manager who says that Aldo shoes are manufactured in the same factory as Charles and Keith. So plus the right positioning, a budget females shoes retail store might be successful. Positioning must be like hip, style, fashionable, lively, bubbly and everything that describes a teenager. Haha... Those specialising in marketing one... C'mon submit your marketing plan to me... Haha... We shall find some rich people to invest in our business... Hahahahahaha...
10:09 AM
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