How to open a small shop and do market research?

1, the location is suitable for crowded, convenient transportation or schools, residential areas, commercial pedestrian streets and other places. In short, there must be a place with a certain flow of people.

2. Take your own booth as the center, and do a survey on the market situation within your radiation range, such as how many direct competitors are there in the same industry? How much purchasing power do potential competitors and local potential customers in the same industry have and their awareness of products.

3. Cost accounting mainly includes personnel cost, rent, tax and product cost. Analyze your own risks and benefits. If you buy your own goods, you should choose the most suitable channel, which can effectively reduce your cost and increase the competitiveness of your products.

4, but also have a certain financial knowledge and marketing knowledge, so get twice the result with half the effort.