The self stores have given a new definition to the business
. The scope in this field is high for the ones who want to make it as their career. The prospects are quite high in this field and make you the boss of yourself. In addition to it the business also gives you an opportunity to employ other people as well.
Earlier there were only one or two players in this field now realizing the tremendous growth prospective in this area the number of stores has grown to plenty of them. It is estimated that by the end of 2010 there will be 100,000 stores. The tremendous increase in number of players led to the necessity of differentiation among the players. For this purpose price war started among the players. Self stores are making the discount.
The stores concentrate on the turnover of merchandise placed with them and try to stock only the moving goods. They focus on the profit margins and broaden them up by keeping the expenses low. The main area where they cut down the prices are decorations and salary of sales force team. A proper trade off is maintained between the prices and quality of the products. The customers can expect to have a great deal in their shopping experience if they buy in bulk.
The stores are usually away from the haphazard life of the cities and thus there arises the need for the customers to drive to them for probably a moderate distance. a well-planned shopping can add to the charm of the shopping experience. The stores are devoid of the Acs and other frills which help in cutting down the shopping expenses. The stores offer climatic controlled rooms to keep the merchandise safe and some good stores also offer magnetic coding which helps in checking the cases of shoplifting.
Most of the self-service stores provide for parking facility with a watchman guarding over your vehicle providing a safe and sound parking for the customers. This further adds to the convenience to the shopping experience. The stores eliminates the need of bargaining for the customers as they have the same price for all of the customers and this prevents the customers from being cheated. The botheration of bargaining and interruption of the salesperson in making the buying decisions is eliminated in such stores.