One good thing about the recession is it’s forcing businesses to come up with smarter and more creative ways of better servicing customers. On that note, I recently learned of a salon owner who uses clever shopping to stock shelves with discounted sandals she then sells as last-second retail purchases.
Faith Glionna, owner of Cuticles in Indialantic, Fla., buys sandals at the local stores on clearance for about $0.75, then sells them for $2. “We watch them go just about as quickly as we get them,” Glionna says. “I got 10 pairs and they were gone in a month.” Glionna also sells the pedicure socks for $8 for clients who want to keep their feet warm after pedicures. Glionna bought 10 pairs of these zebra sandals at $0.75 a piece, and sold them all in one month. Has the recession pulled some clever ideas out of your head? Leave a comment about it in Feedback.