What is the going rate for a shop rental with 100 prims?
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Rokku Carlton
Registered User
Join date: 22 Oct 2006
Posts: 19
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04-18-2007 06:49
Hi there, Silly question, but I am new to renting out shops to people and have trouble finding out the answer to my question (search needs to be taken out back and shot indeed!). What is the going rate for a large shop with 100 prims? I have 14 units on 8192 land and am currently charging L$200 for 100 prims, which people seem to be happy with. However this is not enough to even break even, I would need to charge at least 300 to have some profit. Would people go for that? Would they laugh at me if I tried charging L$400 for 100 prims? R  |
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Mandy Carbenell
Recent Item
Join date: 27 Dec 2006
Posts: 847
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04-18-2007 06:53
From: Rokku Carlton Hi there, Silly question, but I am new to renting out shops to people and have trouble finding out the answer to my question (search needs to be taken out back and shot indeed!). What is the going rate for a large shop with 100 prims? I have 14 units on 8192 land and am currently charging L$200 for 100 prims, which people seem to be happy with. However this is not enough to even break even, I would need to charge at least 300 to have some profit. Would people go for that? Would they laugh at me if I tried charging L$400 for 100 prims? R I've seen shops charging 500 per week for 100 prims, so I guess you could. However, I'd inform your current shopkeepers befor you do so. Mandy C
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Never argue with an idiot, they drag you down to their level. 
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Meni Kaiousei
knowledgebase junkie
Join date: 6 Nov 2006
Posts: 162
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04-18-2007 06:56
Hi,
You can ask 5 linden per prim per week, if you provide a nice shop with some traffic. L$ 400 per week for 100 prims sounds good to me.
Meni.
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Rokku Carlton
Registered User
Join date: 22 Oct 2006
Posts: 19
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04-18-2007 07:01
Thanx for the advice folks. Yeah its a new mall (a week or so) so traffic is only 2700 or so at the minute, all but one shop is rented out, so I would wait until traffic improves before asking for more money. I have taken out a 4000 advert to get people to come by, did that yesterday so not sure if its gonna work or not. Anyone got any advice on how much you should spend on an advert for a mall? More importantly what I should write in it etc? Obviously I would give fair warning to my residents about any changes in prim/rent amounts. R |
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poopmaster Oh
The Best Person On Earth
Join date: 9 Mar 2007
Posts: 917
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04-18-2007 09:17
you will get a TON more traffic with 80 50L ad's then one ad for 4000 trust me on this a TON! if you want help writing copy or help with marketing IM me in world, im IMS ARE CAPPED if im offline so drop me a notecard also if im offline n u wanna chatz
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InSL u find every kind of no-life retard you could possibly imagine as well as a few even Tim Burton couldnt imagine u find 12yr-olds claiming to be 40 men claiming 2 be women, women claiming 2 make sense and every1 claiming 2 have ideas that are actually worth a damn if only someone would just listen to their unique innovative and exceptionally important idea
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Phoenix Psaltery
Ninja Wizard
Join date: 25 Feb 2005
Posts: 2,599
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04-18-2007 10:38
Shameless self promotion mode here... The Metaverse Messenger is an excellent place to advertise as well. A number of our clients have report sales increases of 40% or more after beginning to advertise in the M2. Information is available at http://advertising.metaversemessenger.com. Thanks, P2 |
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Rokku Carlton
Registered User
Join date: 22 Oct 2006
Posts: 19
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05-11-2007 05:05
per cent eh? I will give it a try. I still have a couple of rental shops left at CARLTON ROAD (plug plug IM me for details as I can never remember how to spell my region name lol. I think its Dhau... nah can't remember!) R |
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Avalon Paderborn
Registered User
Join date: 19 Nov 2006
Posts: 19
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05-11-2007 06:03
Ask your merchants to donate items and place a Lucky Chair in your mall. Use the phrase Lucky Chair in your ad = it will bring people in!
Oh and a Pick of the mall to your profile - I just looked at your profile to TP there and there was no identifying information allowing me to search for it.
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Nina Stepford
was lied to by LL
Join date: 26 Mar 2007
Posts: 3,373
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05-11-2007 07:25
ill pay $200/wk for a lot with 100 prims.
i also pay $600/wk for a spot on the wall for a vendor or two.
the price isnt only about prims, its also about location. i will pay heaps more to be in the company of pro merchants, and will pay very little for a place in a campzone.
so if you create a campzone to rort the traffic system people will likely want to spend even less.
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Rokku Carlton
Registered User
Join date: 22 Oct 2006
Posts: 19
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05-14-2007 05:30
There is now a link in my profile to Carlton Road. There is one unit left. R |
