
Originally Posted by
akula
no, no, no, and no
stay away from retail businesses
create a very limited line of snap frozen seafood meals and build a distribution network to sell them through the country's fish and chip shops/major retailers
and compete with all the other snap frozen seafood meals you can but in the supermarkets today ? Gourmet and frozen dont go together.
be a supplier of industry; it's easier and you'll get better returns
yep i agree, just need to find the right way of doing it
the problem: fish and chips shops have a hard time retaining customers
some do some dont
the solution: you offer take home, frozen packages with the stores branding, which users can take home and come back to refill for half the price of something. call it the "variety basket". every fish'n'chip shop should have one if they want to retain customers.
do you get it? you customers should be the fish and chips shops. do jobs for them which they don't get around to doing.This is a good point, i need to find something they need. Im thinkingold school potato cakes, because they are time consuming and they are a must in a good F&C shop
get 10 customers like this and you'll be sitting on a 1million bucks in revenues
another example: design a good set of seafood recipe books to sell to fish'n'chips shops. if people read the books - they buy more fish.
good in theory but which fish and chips stors are going to buy these books ? most places are owned by oldies that dont like change. Maybe fresh seafood stores?
customer tastes are becoming a lot more sophisticated. a piece of fried cod just won't do. people want snapper marinated in a thai chilly jam, and served on a bed of some Italian thing.
i relise this, thats why i will be making goumet salads in my new store
a lot of shop keepers know this, but they can't break the inertia and update their menu. you selection of freshly deliver, gourmet seafood dishes is a great way for old school fish'n'chips shops to upgrade to new consumer tastes.
the point? be a supplier of industry
or something even easier....create a line of gourmet tartare sauce and make sure every take away shop has a box of it.This is an idea that has crossed my mind a while back, i kept stumbling when i came to the thought of competing with the people that are already doing this on a huge scale (companies that are already supplying me) They deliver a great product and very low prices.
you're gonna be like that company that invented the fish shaped soy sauce dispensers available in almost every sushi shop in the world. I don't know how many millions they're sitting on.
that would be a good business: a fine selection of condiments supplied to fish and chip retailers, so the retailers can focus on jobs other than making sauce.