Retail Reset: Out With The Old In With The New Running a retail business can make you feel like a dinosaur sometimes. Well don’t be so downbeat just yet because recent consumer studies have expressed there is a long life ahead for the retail store yet. It’s true, […]
If you are running a photo retail store, I don’t have to tell you 2016 was a difficult year for photo retailers. If natural disasters killing camera production and supply wasn’t bad enough, we had Amazon adding same-day delivery to major markets—trying to compete directly with the instant gratification one gets from buying locally.
In Profit from Education II, I address the steps, tricks and techniques a photo retailer should take to build an effective and winning education curriculum.
In 2006 I realized our photo distribution business at Unique Photo was in serious jeopardy. The conventional model of selling film, paper, chemistry and photographic accessories to photo retailers was no longer working. The future for us was bleak.
Operating a photo retail store is hard. It’s hard work with long hours. It’s hard to make sales. It’s hard to find good employees. It’s hard to keep expenses down.. it’s just damn hard to make a profit—which if you could, would make everything else less hard.