What are pop-up shops? Pop up shops are temporary spaces that are used by brands to launch a new product, test a targeted audience, test a new retail area and even experimental marketing.
When you hear the term, “sharing economy,” business model like Uber and Airbnb come to your mind. However, your businesses can also participate in economic sharing.
Commercial space landlords in India have both cut costs in the related way recent college graduates cut costs when they move to the big town and get a low-paying job. They’ve moved in together when expanding to a new location. Retail space sharing is similar to this, it has enabled both businesses, to respectively have an independent business in a new location at a lower cost. You can own a big place in a prime location that usually has upscale pricing and then rent out the remaining space at Myrsa to someone who is in need of it. Another way to think about small business sharing is Co-Retailing or Co-Eatery, whatever you want to call shared retail space.
Related post: What Are Pop-up Shops
How co-retailing helps popup shops?
A business owner can let out a part of his/her current space, or a group of hopeful company owners can seek out and rent out a single space for temporary renting. In some instances, the companies share everything, from a door to the utility bills; while in other cases, the companies are able to secure more liberation with separate entrances and individual utility meters.
This type of spaces is suitable for pop-up shop owners since popup shops aim for temporary spaces on rent. Your commercial spaces can be rented out on a temporary basis on Myrsa which can be used by pop-up shops. Sharing a similar entrance and sometimes even the same customers will be very beneficial for popup shop owners.
Pop up shop owners are everywhere! People trying out a new product, digital startups who need to test out their products, and even seasonal products are sold. So the demand for temporary spaces is more. They are searching for small spaces in various destinations on a temporary basis with low prices.
Give your extra commercial space for pop-up shops as finding them is an easy task. You don’t have to wait for the perfect brand to get in contact with you and lease your property for years. Popup shops are flexible and rent out your spaces for weeks or months as long as you need them. Having different brands everytime will also help you improve your contacts and have a new perspective on your business.
The benefits of co-retailing, beyond the savings, would be a chance to expand a business while minimizing risk. And also the ability to share customers in some cases.
You can start your own co-retailing space for pop-up shops on rent and it’s as easy as booking a hotel or a flight
Related post: Your space is your leverage!
We at Myrsa help you with this process. Myrsa lets business owners post their sublet opportunities and connects them with other popup owners looking to share space. List your spaces at Myrsa and start your co-retailing spaces now. It provides short-term space opportunities for startups and pop-up businesses to rent.