The business of selling wrist watches is a lucrative business to do as it also has the potential of a high growth rate especially when expanding the business.
The business involves buying wrist watches and selling to customers and getting a profit. This is a business that is sure to be successful as people like wearing and using wrist watches.
This is a business that can be done by almost every body and can be success provided you plan and manage it well.
This is a good venture for people who are interested in having their own business as well as those who are looking for jobs or have lost their jobs.
HOW TO GET STARTED IN WRIST WATCH BUSINESS
1. GET A GOOD LOCATION
You can start from home and start selling to people around you as well as your friend’s family members and introduce them to the business you are doing.
If you are not comfortable starting from home, you can choose to build a show glass where you can place and display your watches for people to see.
You can also rent a shop and place your watches there to sell to people. Whatever you choose make sure you get a place that is busy having a lot of activities going on with a lot of people around.
2. CONSTRUCT A SHOWCASE
Next is to Construct a showcase , or you purchase One from the market.
3. PURCHASE AT WHOLESALE
Have a Trusted source of supply.
Only sell Original Watches, Avoid Fake ones…
4. MARKET YOUR WATCH
Now that you have gotten your watch, The next step is to display them in your show case for people to see them and begin to patronize you.
REQUIREMENTS/ITEMS FOR STARTING A WRIST WATCH BUSINESS
2. Proper Knowledge About The Business.
3. Nice Location
5. Source Of Supply
REASONS WHY YOU NEED TO START A WRIST WATCH BUSINESS IN Ghana…
1. VERY HIGH IN DEMAND
Most people like wearing and using watches which makes the demand high.
Over the years the prices of watches has become less expensive as manufacturers now cater to the various needs of people. It can be afford by Majority of people.
3. IT IS A VERY LUCRATIVE BUSINESS
4. IT HAS MANY OPTIONS
This is a business that can be started on a small scale and grow over time. The business of wrist watches caters to a lot of categories of people, providing a lot of options for anyone entering or starting the business.
You can decide to sell watches for either men, women or children or you can also decide to deal with low end and less expensive watches and cater to those who do not have a lot of money to buy quality and original watches or you can deal in high end and luxury watches for people who can afford quality and original watches.
One thing you should note is that you should be honest when doing the business.
Try not to present a replica as an original as you can lose your customers when they find out you have deceived them.
Also have a good customer relation to keep customers patronizing the business.