Friday, September 10, 2010

"Let's change everything today!"

I haven't been doing customer counts. I wish I were. Maybe I should start doing them now.

But it's hard to be accurate, and the more employees I have, the harder it gets. Since I have three part-timers, right now, the counts would probably be all over the place. Ultimately, it probably really doesn't matter, except to satisfy my curiosity.

Anyway, it's hard to gauge whether I'm getting, say, 50 people a day, or 60 people a day, and that's a whomping 17% difference right there.

My sense is, that foot traffic was probably down, especially early in the summer, but that it didn't account for the fullness of the drop in sales.


Coming to work, today, another measure really leaped out at me. A cash register full of 1.00's, 5.00's and 10.00's.

Sure, that's great and all. But I'd much rather have a cash register full of 20.00's, 50.00's and 100's, you know?

It says to me that the heart is willing, but the flesh is weak. 5.00 sales are what people do when they want to 'shop' but they really don't want to 'spend.'

Sort of like my 'Empty Parking Spaces in Front of My Store' gauge, it's pretty hard to measure. It's easy to fool oneself, to confirm one's own biases. Still....sometimes, that's all you got.

Of course, the ultimate measure is money in the bank.


Meanwhile, going forward with the makeover. Went to Staples and bought the 3 more new bookcases I need, for a total of six 4' tall shelves, and five 6' tall shelves. Those, plus turning my manga shelves over to fiction, will make more of a bookstore statement. The more I look at the store, the more I realize that it is past time to retire old toys and cards that simply haven't been selling. I'm hoping that I can restrain my impulse to fill every inch so that some of the new bookshelves can display my books better.

It's hard to know until I do it, but I think this change will make the store look more streamlined and less cluttered. Sometimes I put everything in place and realize it doesn't work, and I have to make secondary changes. Giving myself time to ruminate helps avoid that.

I just sit on my stepstool and stare at the walls and try to visualize and stare some more and try to visualize alternative looks and then stare some more.

The best way to do a makeover is all at once. Stressful, but you get the business killing chaos out of the way. The worst way to do a makeover is slowly, which customers seem to instinctively recoil from.

So which am I doing? You got it. The latter; mostly because I just don't want that kind of stress level, and I'm just hoping that I can get away with doing it in stages. I don't really want to stay until midnight for a couple of days; but instead would like to do most of it during store hours.
My youthful -- "Let's change everything today!" days are over, I guess.

Of course, once I actually get going, I tend to accelerate. So, hopefully, I'll be done within a week or so. Just in time to order more books.

6 comments:

Anonymous said...

"Went to Staples and bought the 3 more new bookcases I need"

Good for you Duncan. An increase in small business investment is a sure sign that the economy is back on track.

Anonymous said...

Recession? What recession?

Things are booming here in Singapore.

Best time to NOT be in Bend in 20+ years. :)

Anonymous said...

Dunc why do you continue to do this to yourself? Spend money.

You should get rid of your employees and cut expense, you ain't seen nuttin yet, 2010-2012 is going to be horrible in Bend.

If anything you don't want to be appearing rich or too successful or you will become a target.

Bend is going to get ugly, very ugly. I would act like a pauper if I were you, but then that's why I chose to ride this economic storm out offshore.

You guy's tell me when RE falls to $50k for a nice west-side house, and maybe I'll come visit and buy 1/2 dozen just for the fuck of it.

IHateToBurstYourBubble said...

"An increase in small business investment is a sure sign that the economy is back on track."

Now THAT'S funny! Even more Good News proving Everything Is OK In Bend, Oregon:

Bend, Redmond home prices plunge

Published: September 11. 2010 4:00AM PST

The median sales prices of single-family homes in Bend and Redmond plunged to their lowest monthly levels in at least 5½ years last month, settling at $175,000 in Bend and $102,000 in Redmond, according to data released Friday by Bratton Appraisal Group. Those prices were 16.6 and 27.1 percent lower, respectively, than in July, and 20.5 and 28.7 percent lower, respectively, than in August 2009.

The August medians are the lowest since at least April 2005, the latest month available on Bratton’s report.

From Bend’s peak median sales price of $396,000 in May to August 2007, prices have fallen 55.8 percent. From Redmond’s housing price peak of $289,000 in November 2006 to August, prices have fallen 64.7 percent.

The data do not include condominiums, townhomes, manufactured homes or acreage.

In Bend, the median sales price per square foot, considered a better measure of value by many in the industry, was $99 in August, down from $113 in July and $118 in August 2009. The median sales price per square foot in Redmond was $70 in August, down from $76 in July and $86 a year ago.


I hope KTVZ, the Bully, or someone gets a REAL ESTATE EXPERT (RE Broker shooting smack) who can tell me ALL IS WELL, and that this is actually GOOD NEWS.

I mean, Wow. $99/sf MEDIANS! WTF!

Duncan McGeary said...

"I mean, Wow. $99/sf MEDIANS! WTF!"

Desperate people desperately trying to sell their house before winter?

Duncan McGeary said...

I like the way they keep saying the lowest prices since "at least" 2005, without making it clear that it could be much, much worse than that.

That's just how far back the records go....