tag:blogger.com,1999:blog-3307845010577886815.post877322883605641983..comments2021-09-21T02:43:49.688+01:00Comments on Bausteine: Development Finance: SMEs, Finance, GrowthUnknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-3307845010577886815.post-85788502559944835302010-03-19T01:22:35.517+01:002010-03-19T01:22:35.517+01:00"Why do all the TV, scooter, book etc sellers..."Why do all the TV, scooter, book etc sellers in Hyderabad group together? Couldn’t they make more money by serving customers closer to their home and raising prices for the convenience?" <br /><br />Why do so many TV shops in London congregate around Tottenham Court Road? Or fashion shops around the King's Road, and art galleries around South Kensington?<br /><br />Is it because (in Hyderabad and London) TVs and scooters are high value items, which will only be bought once or twice a decade, and are only accessible to middle class householders? <br /><br />If each customer only visits you once every five years, there's little value to be had on placing the store 'conveniently'.<br /><br />Better to be located in the neighbourhood where everyone in the city knows TVs/modern art/AC units are sold.<br /><br />LEO HShorhttps://www.blogger.com/profile/05944492478359479149noreply@blogger.com