woow..please don't come and snatch my bowl weh
How do Spectacle shop survive?
How do Spectacle shop survive?
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Nov 18 2012, 02:48 AM
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#1
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2,494 posts Joined: Feb 2009 From: Kuala Lumpur Dataran Merdeka |
woow..please don't come and snatch my bowl weh
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Nov 18 2012, 12:56 PM
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#2
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2,494 posts Joined: Feb 2009 From: Kuala Lumpur Dataran Merdeka |
QUOTE(advocado @ Nov 18 2012, 12:49 PM) 1000% profit is really crazy, i doubt there are many business out there that can do 100% profit or even 50%. Spec are in high prices , due to our costing also higher compare to others business . eg : computer refractometer might cost a around RM30k Machinery inside refraction room might cost around RM30k Machinery to cut lens might cost RM100k Rental , Optical shop have to be rent at place which is obvious , meanwhile rental sure exceed > RM8k Round-up if you want to own a optical shop . RM400k capital is a must . ** unless you running a low end optical shop . |
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Nov 18 2012, 01:07 PM
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#3
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2,494 posts Joined: Feb 2009 From: Kuala Lumpur Dataran Merdeka |
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Nov 18 2012, 01:12 PM
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#4
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2,494 posts Joined: Feb 2009 From: Kuala Lumpur Dataran Merdeka |
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Nov 18 2012, 01:21 PM
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#5
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2,494 posts Joined: Feb 2009 From: Kuala Lumpur Dataran Merdeka |
QUOTE(eXTaTine @ Nov 18 2012, 01:14 PM) Profit margin for spectacle shop is huge la...even if they sell 5 spectacles a day they should survive... haha, there's alot of high profit margin business to do . watch , dental , farmasi ,shooting ...etc my friends works as videographer , for wedding one . one time shooting * for 2 days + editing = average RM3000 ~ RM5000 cost ? a videocamera , some machinery , car , petrol , a part-timer staff & video editing software . |
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Nov 18 2012, 01:31 PM
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#6
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2,494 posts Joined: Feb 2009 From: Kuala Lumpur Dataran Merdeka |
QUOTE(advocado @ Nov 18 2012, 01:21 PM) Usually in terms of margin, the distributor would have taken a big chuck in terms of volume sales, before that still got manufacturer & brand company taking big portion of the profit, so when optical shops get the stock the cost should not be that low to allow over few hundreds or thousands % profit right? If the retail profit so high why won't distributor increase their profit margin in the end everyone still make alot. yeap , nice say , just like Rayban & Oakley , profit even lesser than 80% .If you say the glass has higher profit margin i can understand as most shops do their glasses or have special shop do that and usually normal glass cost more than normal frames. But then your numbers already gave us the insight the startupcosst & running cost, so how many glasses & frames you need to sell each month just to cover the running cost? My question is on those smaller private shops that are not located in prime areas. Maybe they rely alot on school plans etc but then there are so many competitors around also eyeing on such bulk orders, so smaller shops that takes less stock means their cost is higher than big shops in terms of stocking, so i'm wondering what they do to counter the less customer flow & higher stock price disadvantage. If you talk about those cheaper clothing shops that sells rm20 a piece, their cost is probably very cheap maybe rm5 per piece or less but that is due to lesser quality and crazy China suppliers that's selling it dirt cheap. I know some China factories actually selling their stuff close to cost price, but i guess the big bosses doesn't know about it or there's hidden reason. & there's alot of terms for branded , you can't just take 1 pcs or 2pcs , you need to take whole set in Cash on Delivery terms . That's the problem . Small private shop which not located in prime areas , same things goes to selling price & consumer buying power . People will look for mid or low range glasses & quality if your shop at hulu area ** like Package one . Meanwhile Optical shop in KLCC / Pavilion can easily sell 1 pair Spectacles around RM1000-RM2000 ** My friends who work at Optical shop Pavilion , sold 1 pair Cartier spec RM15k last weekend . |
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Nov 18 2012, 01:33 PM
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#7
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2,494 posts Joined: Feb 2009 From: Kuala Lumpur Dataran Merdeka |
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Nov 18 2012, 01:45 PM
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#8
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QUOTE(advocado @ Nov 18 2012, 01:38 PM) The thing is people need to know your shop is at ulu place and got good deal, but most of these shop i ran into, if i didn't walk pass i wouldn't have known. I don't see banners near the escalator or promotions whatsoever. yeap, as usual ,every business has it's own marketing one . You know i go shopping center try to cover all areas to check them out, normal people don't, they just jalan jalan see what they saw. optical shop is a high profit with low demand business one day 10 customer is consider very good already . meanwhile if you open restaurant , one day 100 customer also you might still rugi . even like England Optical big company also can bankrupt . |
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Nov 18 2012, 01:49 PM
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#9
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QUOTE(TSOM @ Nov 18 2012, 01:43 PM) but if you go to those stand-alone or random shop, how do you know a)b)hmm then you're wrong . a) what they sell is genuine? b) if they're good in what they do, not ceh kai qualification? c) if the shop bankrupt, where to service/claim warranty?? Focus Point Franchise shop, MOG , Bolton Optical , 100vision etc are selling fake item too . c) Right the moment only Oakley given 1 year warranty . non of others brand givin warranty . if you bought oakley from this shop and they close down , you can try contact revelstoke Malaysia sdn bhd for claim ** Authorise dealer |
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Nov 18 2012, 01:58 PM
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#10
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2,494 posts Joined: Feb 2009 From: Kuala Lumpur Dataran Merdeka |
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Nov 18 2012, 02:04 PM
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#11
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