According to data released by the Hangzhou Municipal Real Estate Information Center, the pre-sale of new commercial housing approved by Hangzhou in the first half of the year was 3.447 million square meters, of which 2,703,500 square meters were residential properties, which would drive at least RMB 1-2 billion in decorating hardware market capacity. Estimates for the whole year can be close to 400 million yuan, plus the second-hand housing decoration market, the amount of decoration hardware will be even greater. Currently there are about 2,000 decorating hardware stores in Hangzhou. According to the average level, the amount of each house can reach 200,000 yuan.
The general discount for hardware products in hardware stores can basically reach 4-5 fold, but after deducting rent, freight, taxes, and staff salaries, their profits are basically maintained at around 15%-20%, so now a lot of business Households open several stores at the same time in the market and increase their volume, otherwise they do not generate much profit.
To open a hardware store to do business, we must consider the risks in three areas.
The first is the market rent and the group. When the store is selected, if the market is lacking in popularity and the rent is not cheap, then even if the business has another level, it will certainly lose money.
Secondly, professional knowledge is also an important link. If you have not previously engaged in the hardware industry, you are not professional in the selection of varieties and quality assessment, and the price trend is even more unclear, because suppliers will slightly increase the supply price. As a result, they have reduced their profits, so it is recommended not to engage in this industry.
Third, do not have a certain strength and do not rush to open hardware and building materials stores, because now the variety of decorative hardware, specifications, and seasonal is also very strong, outdated style can easily be backlog, each purchase needs to be close to 100,000 yuan In case of pressure, the risk is great.
There are two types of hardware stores available: Wenzhou and Luqiao or Guangzhou. Relatively speaking, the prices of hardware products in Wenzhou and Luqiao are lower, and discounts are also relatively favorable, but the quality and quality are worse than in Guangzhou, so they basically do not purchase from Wenzhou.
The general discount for hardware products in hardware stores can basically reach 4-5 fold, but after deducting rent, freight, taxes, and staff salaries, their profits are basically maintained at around 15%-20%, so now a lot of business Households open several stores at the same time in the market and increase their volume, otherwise they do not generate much profit.
To open a hardware store to do business, we must consider the risks in three areas.
The first is the market rent and the group. When the store is selected, if the market is lacking in popularity and the rent is not cheap, then even if the business has another level, it will certainly lose money.
Secondly, professional knowledge is also an important link. If you have not previously engaged in the hardware industry, you are not professional in the selection of varieties and quality assessment, and the price trend is even more unclear, because suppliers will slightly increase the supply price. As a result, they have reduced their profits, so it is recommended not to engage in this industry.
Third, do not have a certain strength and do not rush to open hardware and building materials stores, because now the variety of decorative hardware, specifications, and seasonal is also very strong, outdated style can easily be backlog, each purchase needs to be close to 100,000 yuan In case of pressure, the risk is great.
There are two types of hardware stores available: Wenzhou and Luqiao or Guangzhou. Relatively speaking, the prices of hardware products in Wenzhou and Luqiao are lower, and discounts are also relatively favorable, but the quality and quality are worse than in Guangzhou, so they basically do not purchase from Wenzhou.