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Advice on Opening a Game Store!
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<blockquote data-quote="ichabod" data-source="post: 1144886" data-attributes="member: 1257"><p>My advice from having run a game store in three years:</p><p></p><p>Don't undercapitalize</p><p>Advertise strong when you first open, be stingy with advertising after that (unless you periodically have new customers because you are near a college). Concentrate on cheap stuff like flyers.</p><p>Have a used section</p><p>Have a place where people can play</p><p>Organize tournaments, charge a small entry fee, and use it all for prizes (at your cost). You break even on the entry fees, and the people in the store will buy stuff.</p><p>Make it a place where kids are comfortable and more importantly where parents are comfortable letting their kids go.</p><p>If most people drive in your area, parking is important.</p><p>Have a board for gamers seeking gamers. People like it and it helps you keep track of what they're playing.</p><p>Treat it like a business, not a hobby.</p><p>Go to local conventions. You can advertise and make money at the same time.</p><p>Do special orders, but keep in mind you need to be very organized about special orders.</p><p>Don't be afraid to cut prices on junk that isn't moving.</p><p>Front list sells the back list (new items in a game line help sell the older items in a game line).</p><p>Wait until [political statement edited]</p></blockquote><p></p>
[QUOTE="ichabod, post: 1144886, member: 1257"] My advice from having run a game store in three years: Don't undercapitalize Advertise strong when you first open, be stingy with advertising after that (unless you periodically have new customers because you are near a college). Concentrate on cheap stuff like flyers. Have a used section Have a place where people can play Organize tournaments, charge a small entry fee, and use it all for prizes (at your cost). You break even on the entry fees, and the people in the store will buy stuff. Make it a place where kids are comfortable and more importantly where parents are comfortable letting their kids go. If most people drive in your area, parking is important. Have a board for gamers seeking gamers. People like it and it helps you keep track of what they're playing. Treat it like a business, not a hobby. Go to local conventions. You can advertise and make money at the same time. Do special orders, but keep in mind you need to be very organized about special orders. Don't be afraid to cut prices on junk that isn't moving. Front list sells the back list (new items in a game line help sell the older items in a game line). Wait until [political statement edited] [/QUOTE]
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