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Merits And Demerits Of Oak Park Boutique

By Nelda Powers


Oak Park boutique presents with a wide range of merits especially for the owners side considering their high revenues among other big benefits. However, there are also innumerable demerits that discourage some of the business men and the consumers. Some of them are discussed below.

A boutique refers to a shopping mall outlet that mainly specializes in fashionable and elite items for instance clothing and jewelry especially for the women. It may also refer to a specialized firm for instance a boutique investment bank or law firm hence conveys the idea that the operations are elite and highly specialized. They mainly operate on a specific line of products.

They are easily accessible to the buyers. Most boutiques in this village are located in within the small market centers and shopping malls hence can be easily accessed by the different shoppers in the markets and shopping malls. This has given it an advantage over some of the wholesalers who may be located probably at just one point.

Running a boutique in Oak Park is simpler considering the easy accessibility of the goods from major suppliers like the manufacturing companies in Chicago. The close proximity and the established road network have enabled easy and cheaper transport of these products from Chicago to update the stock in Oak Park.

Most of these concessions produce their own products after extensive research especially on the consumer demand and the various tastes of people preferences. They equally do research on the ever changing trends in various aspects of life in the modern world. This has enabled them to produce and supply products that a major percentage of the consumer base appreciates.

They present with latest fashion of clothing and jewelry hence keeping the consumers updated. These outlets usually have the immediate sources in terms of suppliers, both locally and internationally who are able to supply them with the latest designs in the world. Consumers who love using the latest fashions usually tend to flock in these outlets often to be the first to acquire them.

A higher cost of production and operations may be a major setback for this kind of business. A very high quality product is very expensive to produce and the high rental costs may be a big consequence on accessibility of a niche market. Most importantly, this business may also incur significantly high research and testing costs mainly allocated to monitor the ever changing trends in the modern world and the customer demands and tastes respectively.

Oak Park boutique is a business which has really attracted many entrepreneurs and investor considering its very high profit outcomes. It also has a very large consumer base since most women know them for holding the latest clothing and jewelry fashions hence check in regularly. This has highly increased the customer base and the definitely, the profits made.




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