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Finance Questions, Loans, Insurance & Investment Advice Latest Questions

Inem
InemKnowledge Seeker
Asked: September 16, 20232023-09-16T19:07:27+00:00 2023-09-16T19:07:27+00:00In: Money & Business

Why do hawkers make more sales than shop owners?

I have a friend who has a shop in the market but she also hawks her goods to sell in the same market. She makes more cells when she hawks than when she sits in the shop.

Why do hawkers make more sales with the same products than shop owners?

hawkingshop business
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3 Answers

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  1. Ramolak19
    Ramolak19 Knowledge Seeker
    2023-09-16T22:19:24+00:00Added an answer on September 16, 2023 at 10:19 pm

    Due to a number of circumstances, hawkers frequently outsell shop owners in terms of sales. Since clients can locate them in numerous places, they provide convenience. Buyers are drawn in by the individual care and price negotiating skills. Hawkers can charge competitive prices because of lower overRead more

    Due to a number of circumstances, hawkers frequently outsell shop owners in terms of sales. Since clients can locate them in numerous places, they provide convenience. Buyers are drawn in by the individual care and price negotiating skills. Hawkers can charge competitive prices because of lower overhead expenses. Additionally, clients seeking novelty and diversity are frequently drawn to the distinctive and varied selection of goods sold by hawkers.

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  2. Mika
    Mika Expert Mind
    2023-09-17T05:26:11+00:00Added an answer on September 17, 2023 at 5:26 am

    Hawkes use aggressive marketing techniques, they are so persuasive that the passerby cannot deny their offer. THis is one of the reasons why they seem to generate more sales than the shops. Another reason why I think they make more sales ie because they have low running costs, they do not have to paRead more

    Hawkes use aggressive marketing techniques, they are so persuasive that the passerby cannot deny their offer. THis is one of the reasons why they seem to generate more sales than the shops. Another reason why I think they make more sales ie because they have low running costs, they do not have to pay high rents, they they can sell for cheaper prices, hence they have higher profit margins than the shopkeepers. They also lure passerby with interesting products

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  3. eldavis
    eldavis Enlightened Mentor Graphic designer
    2023-09-17T06:08:11+00:00Added an answer on September 17, 2023 at 6:08 am

    I think the major reason for this is due to the fact that hawkers are movers, shop owners remain in a single spot, in a situation where their shop is in a place where they do not have access to their target audience, it would be difficult to generate sales. Then there are cases where they might actuRead more

    I think the major reason for this is due to the fact that hawkers are movers, shop owners remain in a single spot, in a situation where their shop is in a place where they do not have access to their target audience, it would be difficult to generate sales. Then there are cases where they might actually be in a location where they can easily find access to their target audience, but it does not mean their target audience would want to buy on a daily basis. The hawkers on the other hand they tend to move from one favourable place to another, hence instead of their target audience coming to them, they go to their target audience. This makes it less stressful for their target audience but more stressful for them.

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