The world has created so much miracles in the filed of technology and the electronics machines, gadgets and equipment are the best example for it. There is abundance availability of the products of electronics in the market having different specifications, size, shape, colour, brand, price, etc. If you demand in doing electronic business or open electronic store then you have to be particular to your choice because variety is available in this field, as what type of electronic shop want to open? Which brand you are promoting or selling? Are this brand in demand or having profitable? What are the other products that brand sold?
The answers to this question solve your problem, for example you have decided to open mobile shop, the decided to sell Samsung mobile and then you have to choose which other products are available of Samsung. The answer is headphones, chargers, power banks, air pods, speakers etc.
Increasing demands of electronics products made this business profitable. Also, reduction in the sales of electrical gadgets causes more usage of electronics tools. Thus business is on the growth.
the case studies for the electronic store is as below:
i) Strength
ii) Weakness
iii) Opportunities
iv) Threats
While starting any business this are the things you need to plan and keep o n working it:
This is the most crucial step towards starting any business especially an electronic one. Make a survey identifying what people demand for , which brand they prefer , what pricing they are comfortable with , what are the other products they do purchase with that , do they bargain, etc. Do the survey of mostly youths as they are the one who prefer the most usage of technology and keeps on buying and selling it.
After the survey is completed, you need to find the perfect location for your store to open, that should be full of chaos of people but not of competitors . the location is one major factor which affects your business badly or better.
Once the location is set out ,start planning for the interiors . your interiors must be unique as to attract more crowd and it should not be suffocating and clumsy.
Then after the interiors get ready its time to order the goods for yoirstore , in which you have to choose sharply, that which brand to promote and which type of store you are going to open. Once you order products that they not replace nor exchange.
In this electronic store, there are fellow staff that handle according to sections, that is one is maintenance department , one from cleaning ,other from demo ,extra and they all have one manager who supervise them all.
The marketing should be done adversely and promote your store so that maximum people gets to know about it. All print banners, hoarding all your corners of your city, do advertisement in newspapers.
As always every businessman does, make sure about your customer satisfaction and also trained you employees too. They must be enough trained to understand customer needs and act accordingly.
Once you starts earning profit and have confidence about steady state of your business, then move step ahead and think on expanding your business.
As per the Indian Norms :