marky care to share more ?

Yup, I agree with Jerry.

The prices of board games at PI are been marked up to very high.
Hopefully, there will be a new kid on the block in this monopoly
board game retailer market in Singapore. This would really spice
up the competition on board game sales and the consumers can
benefit from the price war.

Do u guys think it would be feasible to open another board game
cafe in Singapore? There are already Settlers, Minds, Pit Stop,
Decoder in the market. Do we need another new player?

Setting up a cafe which will involve sourcing for an ideal
physical venue with a good location. There are also the rental,
electricity bills, manpower, renovation costs, furnitures,
costs of purchasing and laminating new games, cost to run the
cafe (the food, drinks) and the list goes on........

I welcome the suggestion of someone entering the market as a new
board game retailer. Anyone interested?

xia0dingdang wrote:Yup, I agree with Jerry.

The prices of board games at PI are been marked up to very high.
Hopefully, there will be a new kid on the block in this monopoly
board game retailer market in Singapore. This would really spice
up the competition on board game sales and the consumers can
benefit from the price war.

Do u guys think it would be feasible to open another board game
cafe in Singapore? There are already Settlers, Minds, Pit Stop,
Decoder in the market. Do we need another new player?

Setting up a cafe which will involve sourcing for an ideal
physical venue with a good location. There are also the rental,
electricity bills, manpower, renovation costs, furnitures,
costs of purchasing and laminating new games, cost to run the
cafe (the food, drinks) and the list goes on........

I welcome the suggestion of someone entering the market as a new
board game retailer. Anyone interested?

Mich you interested in it? I am too. But honestly, i feel its more profitable to do retail like PI. Too much work involved in running a cafe.

so does fighting with Pi too...
jus a piece of my mind...

garfield86 wrote:so does fighting with Pi too...
jus a piece of my mind...

meow, cafe is like a school, teach and entertain.
how many schools are there?
how many book stores are there?

The difficulties and challenges are different.

Entering the market as a new retailer like PI is better.
I prefer the retailing idea.

But online board game retailing is more feasible cos lesser
overheard costs eg. rental, utilities, furnitures, staff salaries etc

Lesser competition.

xia0dingdang wrote:Entering the market as a new retailer like PI is better.
I prefer the retailing idea.

But online board game retailing is more feasible cos lesser
overheard costs eg. rental, utilities, furnitures, staff salaries etc

Lesser competition.

It's true that overhead costs're lower but competition's definitely stiffer over the Internet.

Consumers've the power and ease of checking out game prices offered by competitors, thus, products online're very price-sensitive unless unique services're offered.

redevil13 wrote:

xia0dingdang wrote:Entering the market as a new retailer like PI is better.
I prefer the retailing idea.

But online board game retailing is more feasible cos lesser
overheard costs eg. rental, utilities, furnitures, staff salaries etc

Lesser competition.

It's true that overhead costs're lower but competition's definitely stiffer over the Internet.

Consumers've the power and ease of checking out game prices offered by competitors, thus, products online're very price-sensitive unless unique services're offered.

True, it depends on wat the biz's direction, but i always tot its good to be to be involved in both retail and internet at the same time, to reach out to more consumers and to even out the fierce competition in dealing in one arena.

Just my tots.

guess now e-business is quite e way during recession...

either way is stil tough to maintain a business...

garfield86 wrote:guess now e-business is quite e way during recession...

Good pt, in times of reccession even the cafe biz is affected, or so i heard from javen.