From Filentrep - Tips on operating a tiangge
Here is a tip on how to run a bazar, or a flea market store or a tiangge. They can set you back by P2t to P7t per day or maybe up to P12t on a week end (2 days and maybe this is a bargain.
Here is the complete excerpt:
Tiangge,
flea market or
Bazaars can be seen everywhere we go. They sprouted in malls, unused
parking lots, churches or side walks. We patronize them because they
sell cheaper items compared to supermarkets or malls. Sometimes they
became a nuisance to pedestrians and motorist that causes heavy traffic
because they occupy most of the side walks. Anyway if are just
responsible and follow rules and guidelines like for example setting up
in a place with heavy foot traffic but away from sidewalks to avoid
causing heavy traffic on motorist and of course punishment from MMDA.
So
without much ado, here are some tips that might be helpful to you if
you want to venture on selling your commodities in tiangge or bazaars :
Prepare some investment – joining a bazaar to
sell
your wares requires a little more investment because stall rentals
range from 2,500 to 7,000 pesos a day. Other bazaars can set you back
12,000 pesos a weekend. But you can get package rates if you sign up all
the tiangge dates available. Bazaars in hotels and venues like the
Manila
Polo Club are usually more expensive, while a church tiangge can be cheaper if it’s open air.
Keep the traffic in mind. -
When choosing a booth, try to get one where everybody will be sure to
pass. Right near the entrance is the best place, so try to reserve your
booth space as early as possible. Make your booth attractive to shoppes
by using materials like mirrors and spotlights for sure visibility. For
more display space, get a wall booth.
Save on cost
– Sharing a booth with someone else so you can share the rental. Its is
also good to man your own booth, because customers like tit when they
get to chat with the owner.
Know how low you can go
– Haggling is part of the tiangge tradition, so you have to know your
cost and up to how much you are willing to compromise the price. Twenty
percent of your
sale price is a
fair discount. As an alternative to giving discounts, you can offer
promos, like a special price if the customer gets two items or a
small gift that comes with the purchase. Be a little creative.
Mix your merchandise – When thinking of
items to sell
in your booth, remember that people come to bazaars because they want
to see things that they won’t find in malls. Combining consigned items
with things that you yourself made so you can easily get your money
back.
Think ahead – Be ready with
calling cards
to give out to customers. That way they can get in touch with you the
rest of the year. Who knows, this might be an opportunity for a bigger
market like for example export or a supplier of a big company.
[tag]tiangge,bazzar,
Filipino entrepreneur[/tag]
