Yesterday, Shlomo Chopp joined Desiree Patno on an all-new Know the Rules of the Game Podcast to discuss the ways we can revive eCommerce and help small business owners in a time of online stores and express shipping!
Here are Chopp’s Three Rules and Tip of the Day:
Rule #1: eCommerce is not a profitable venture on its own.
Rule #2: Retail space cannot only be evaluated by in-store sales, nor can it charge rent based on eCommerce.
Rule #3: Traditional methods of financing real estate is at the core of retail challenges.
Tip: To succeed, shopping center owners must do more than rent four walls.