Secrets to having a Successful Fashion Boutique

Sunday, May 20, 2012



There are many secrets to having a successful fashion boutique. The first thing is that the prices have to be reasonable. The prices should always be reasonable but set at the right price so you not only break even but you make a profit from it. If you have items set at an attractive price then you would reach your target market and more.    People love to wear with the celebrities are wearing. Nine times out of ten the public can’t afford it or it is not accessible. By realizing that people care about accessibility and price you can then separate people from the problem. You also have to put into consideration the location of the business. If you put the business in the right spot then you will gain your target audience. Hopefully you won’t have any other competitors in the area. In order for any business to be successful you have to invest in marketing. Then you have to purchase the right inventory for the boutique. Finally hire the right staff. Make sure you are hiring people that know a lot about fashion. It would be a plus for them to already be in the industry. Now that you know the basics to starting a successful fashion boutique now you need to know how to properly negotiate with customers. When it comes to fashion and local boutiques even though you have a set price people are going to try to negotiate the price with you. Out of the five core concerns from Roger Fisher’s book Beyond Reason you can consider using status. When applying status to a negation with a customer you have to realize that hey feel they are of certain status and you should respect them and treat them as such. Another thing you should do is invent options for mutual gain. If you become successful at this then you and you customers will be happy. 

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