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Home✈️Aircraft🚁HelicopterHelicopter Main Discussion › Opening a new hobby shop?
09-16-2009 04:10 PM  11 years ago
shawmcky

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Isle of Wight,United Kingdom

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You can add this problem to anyone who is trying to retail anything now
not just hobby shops,the internet is wondrous for the buyer and a curse for home grown retail.If you have no employees and no overhead costs you might succeed,but dont hold your breath.
Team- unbiased opinion.K.I.S.S principle upheld here
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09-16-2009 04:19 PM  11 years ago
GScott

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Lewis Center, OH

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To be successful I would think you would need to do the following:

1.) Sell online as well as in store. You will also need to keep prices near their online equivalents.

2.) Stock everything. That means not just carrying one gyro, one governor, etc... You will need to stock everything for all hobbies because everyone will have their own preference.

3.) Onsite track or flying field. This to me would be the most important. This way your are not only a store but a destination. I would also be very involved in the local RC community and possibly have a presence at all local funflies and events with a booth to sell parts.

That's just off the top of my head. But as you can see it will be a mjor time commitment and leave little time for enjoying RC yourself. We only have a 1 or 2 good store left in Columbus which is a pretty big market so it must be a tough business.
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09-16-2009 04:46 PM  11 years ago
Sticky

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Frederick MD

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Gscott has it right. Our local Hobby Town has an indoor race track and I believe this is what keeps the lights on. The R/C car guys are what keeps the store open for the fliers.
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09-16-2009 05:09 PM  11 years ago
GyroFreak

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Sanford Florida ...28N 81W

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We have a hobby shop here in Orlando called 'Graves Hobbies' and it is an incredible place. Planes, helis boats, he has it all and the staff is knowledgeable, each is in his own section be it cars, or helis. You can't see the ceiling because of all the models hanging. His store is always crowded, he has been in business longer than I can remember so he figured out something right.
Yet another hobby shop started here in Sanford, was very organized and the owner was a helicopter nut so the store was mostly heli stuff and cars. Slowly died of cash flow starvation.
The case against politicians simply is that when they legislate for all men, they always omit themselves
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09-16-2009 05:38 PM  11 years ago
Simko

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Erie, PA - USA

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To be successful I would think you would need to do the following:

1.) Sell online as well as in store. You will also need to keep prices near their online equivalents.

2.) Stock everything. That means not just carrying one gyro, one governor, etc... You will need to stock everything for all hobbies because everyone will have their own preference.

3.) Onsite track or flying field. This to me would be the most important. This way your are not only a store but a destination. I would also be very involved in the local RC community and possibly have a presence at all local funflies and events with a booth to sell parts.
Your three points were all a part of my thinking. The shop in Jamestown, NY does get very involved with different events, matches Tower Hobbies prices, but does not have a track, and does not have a very developed online channel.

I thought I could improve upon his already 'successful' model for the Erie market by adding an indoor track and a better online presence.

Having some of my wife's friends work a booth at races and fun flys in a bikini probably wouldn't hurt business either...
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09-16-2009 06:05 PM  11 years ago
bstock

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Easton, MD.

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Having some of my wife's friends work a booth at races and fun flys in a bikini probably wouldn't hurt business either.
Now your talking May need to drive out and get some parts

kidding aside... the suggestion to make it a "destination" was really solid advise!! That was good thinking!!

An online presence is a good one... but if you are thinking a shopping cart based website, it can get expensive in order to build a good one (around $10k for as large of one a hobby shop needs). I would put the money first into inventory... and build up into that. Because most people now use the Net as their YellowPages... you do want a clean well done simple website, so you have a nice presence/ presentation.

If you let customers know you will price match (put it also on the website)... they will buy from you if they like you and are getting personal service.

Couple of golden rules in business:

Quality "Always" Sells (this could mean service, selection, support, etc.)

Trust & Respect... if you have that with customers, it brings them back, and their friends too.
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