Playbook / Lessons / Expand: new markets
Cash-flow businessTest a second location with a pop-up before you sign a lease
Brown lists testing new locations among the reasons to run a pop-up store: if you have one shop and are unsure about a second permanent location, you can open a pop-up to try the spot and decide using its sales performance. She says leaping into a full-time space can be risky and cost-prohibitive, and that a pop-up also gives staff direct customer feedback.
“You can open a pop-up shop to test-drive your new location”— Britney Brown, Pop-up Shops in Retail: How to Set up for Success, Jun 2021
Do this
Find a short-term space, market stall or shared counter in the area you are considering, run it for a few days, and compare its sales with what a permanent rent would require.