Succesful Businesses, Why And How?

[infinity11]

There is a newish bar near the corner of soi chiapoon and boi cow and where soi excite meets. They happen to look quite successful and popular and have since they opened. Why and what makes them so successful? I see a few old and new businesses here like that while others are dead or empty. So what are the reasons for their success? How do these places bring the people in and keep them coming? Luck? Networking? Good deals? Word of mouth? Advertising? Others?

[rgs2001uk]

Havent been in the bar you talk of, but off the top of my head, cold beer, reasonable prices and most importantly, no pushy girls with a my shit dont stink attitude pestering patrons for overpriced lady drinks.

[advancebooking]

I think that position of your business is everything. Good staff are worth their weight in gold- especially ones that don't steel from you

[Spalpeen]

It's easy to make a new business look successful if you spend enough money on it. The really successful businesses are the ones that are still around after ten years.

[infinity11]

Take a look at the triangle bar.

It sure seems to be making quite a splash.

Not that I am interested in a bar, just what is it that makes it so darn popular?

[BlackPuddingBertha]

  On 1/25/2013 at 1:54 PM, infinity11 said:

Take a look at the triangle bar.

Isn't that the one the OP is talking about?

[pattayadingo]

Triangle bar... isn't that a BOGOF (buy one get one free) bar before 10 p.m. or something?

One dying bar on beach road seems to have made a comeback in the last couple of months. I had a beer in there last night and was pleasantly surprised to note the beers were 50 Baht each where before they were either 70 or 75 Baht. Often it is hard to see many spare seats now. With bars nearby costing 75 Baht a beer it seems the pricing is making a big difference.

Seems some people have realised there is a price conscious community out there.

[jbrain]

  On 1/25/2013 at 4:46 PM, pattayadingo said:

Triangle bar... isn't that a BOGOF (buy one get one free) bar before 10 p.m. or something?

One dying bar on beach road seems to have made a comeback in the last couple of months. I had a beer in there last night and was pleasantly surprised to note the beers were 50 Baht each where before they were either 70 or 75 Baht. Often it is hard to see many spare seats now. With bars nearby costing 75 Baht a beer it seems the pricing is making a big difference.

Seems some people have realised there is a price conscious community out there.

For sure pricing makes the difference, the difference of making a profit or not.

If 7/11 would place tables outside it's outlets, I'm sure they would always fully occupied by " price conscious " quality tourists that don't taste the difference between a beer and horse piss as long as it is cheap.

[jimmybkk]

  On 1/25/2013 at 4:02 PM, BlackPuddingBertha said:

  On 1/25/2013 at 1:54 PM, infinity11 said:

Take a look at the triangle bar.

Isn't that the one the OP is talking about?

Isn't he the OP?

[smokie36]

  On 1/25/2013 at 4:53 PM, jbrain said:

  On 1/25/2013 at 4:46 PM, pattayadingo said:

Triangle bar... isn't that a BOGOF (buy one get one free) bar before 10 p.m. or something?

One dying bar on beach road seems to have made a comeback in the last couple of months. I had a beer in there last night and was pleasantly surprised to note the beers were 50 Baht each where before they were either 70 or 75 Baht. Often it is hard to see many spare seats now. With bars nearby costing 75 Baht a beer it seems the pricing is making a big difference.

Seems some people have realised there is a price conscious community out there.

For sure pricing makes the difference, the difference of making a profit or not.

If 7/11 would place tables outside it's outlets, I'm sure they would always fully occupied by " price conscious " quality tourists that don't taste the difference between a beer and horse piss as long as it is cheap.

Some sit outside regardless.

[BlackPuddingBertha]

  On 1/25/2013 at 6:11 PM, jimmybkk said:

  On 1/25/2013 at 4:02 PM, BlackPuddingBertha said:

  On 1/25/2013 at 1:54 PM, infinity11 said:

Take a look at the triangle bar.

Isn't that the one the OP is talking about?

Isn't he the OP?

So he is. I hope he's enjoying his conversation.

[Rimmer]

Off topic post removed

[I Like Thai]

Can you not just go into the bar, then you can tell us why it is successful.

[scotto]

I beleive any business is hard in thai espescially bars

as there is so much competition so find a edge over your

competitors that is not easily copied and you should be o.k

for a while anyway?

[barmatt]

Cheap beer always brings me into a bar and if there's talent about then all the better

[OMGImInPattaya]

Where is soi boi cow ?

[lemoncake]

  On 1/25/2013 at 1:54 PM, infinity11 said:

Take a look at the triangle bar.

It sure seems to be making quite a splash.

Not that I am interested in a bar, just what is it that makes it so darn popular?

the 2 for 1 cheap drinks. Go over there after 11pm and the place is empty

[lemoncake]

  On 1/27/2013 at 1:23 PM, OMGImInPattaya said:

Where is soi boi cow ?

next to soi girl cow

Ok, sorryyyy... OP meant soi buakhou( i think thats the spelling)

[jbrain]

  On 1/27/2013 at 1:40 PM, lemoncake said:

  On 1/25/2013 at 1:54 PM, infinity11 said:

Take a look at the triangle bar.

It sure seems to be making quite a splash.

Not that I am interested in a bar, just what is it that makes it so darn popular?

the 2 for 1 cheap drinks. Go over there after 11pm and the place is empty

You mean just at the time they were expected to start making some earnings for that day ?

[lemoncake]

In my opinion what makes business do really well in Pattaya is location and surroundings.

ie you may have the best business model but if you hard to find or away from the foot area, you will not have the business

also being a tourist zone, no matter how bad the business model is, there are enough tourists to visit it.

Long term, if one wanted to have a business, in my opinion, need to cater for 3 markets-tourists, locals and expats.

Naturally it means a combination of good location, prices and service

[lemoncake]

  On 1/27/2013 at 1:42 PM, jbrain said:

  On 1/27/2013 at 1:40 PM, lemoncake said:

  On 1/25/2013 at 1:54 PM, infinity11 said:

Take a look at the triangle bar.

It sure seems to be making quite a splash.

Not that I am interested in a bar, just what is it that makes it so darn popular?

the 2 for 1 cheap drinks. Go over there after 11pm and the place is empty

You mean just at the time they were expected to start making some earnings for that day ?

I think they do most trade during the day, night time its empty. though this place seem to have the right combo, very low overheads(no air), hardly any staff and really its somewhat a well made shed with chairs and a pool table

[marstons]

cheap booze in that particular place and the others across the road. high turn over low margin. Great way in my opinion as it also creates a bigger turnover and more jobs etc.

[jbrain]

  On 1/27/2013 at 1:49 PM, lemoncake said:

  On 1/27/2013 at 1:42 PM, jbrain said:

  On 1/27/2013 at 1:40 PM, lemoncake said:

  On 1/25/2013 at 1:54 PM, infinity11 said:

Take a look at the triangle bar.

It sure seems to be making quite a splash.

Not that I am interested in a bar, just what is it that makes it so darn popular?

the 2 for 1 cheap drinks. Go over there after 11pm and the place is empty

You mean just at the time they were expected to start making some earnings for that day ?

I think they do most trade during the day, night time its empty. though this place seem to have the right combo, very low overheads(no air), hardly any staff and really its somewhat a well made shed with chairs and a pool table

You know the anecdote about the fish seller don't you.

He sold his herrings at a cent loss each, and made a really roaring trade every day.

However he sold each piece at a loss, he still made a profit at the end of the day because he sold such a massive amount of them

[diddums]

  On 1/27/2013 at 1:53 PM, jbrain said:

  On 1/27/2013 at 1:49 PM, lemoncake said:

  On 1/27/2013 at 1:42 PM, jbrain said:

You mean just at the time they were expected to start making some earnings for that day ?

I think they do most trade during the day, night time its empty. though this place seem to have the right combo, very low overheads(no air), hardly any staff and really its somewhat a well made shed with chairs and a pool table

You know the anecdote about the fish seller don't you.

He sold his herrings at a cent loss each, and made a really roaring trade every day.

However he sold each piece at a loss, he still made a profit at the end of the day because he sold such a massive amount of them

Anyone else confused n bewildered here ?

[lemoncake]

  On 1/27/2013 at 1:53 PM, jbrain said:

You know the anecdote about the fish seller don't you.

He sold his herrings at a cent loss each, and made a really roaring trade every day.

However he sold each piece at a loss, he still made a profit at the end of the day because he sold such a massive amount of them

good point , some people make a living from the cash flow ie, there is always money in the pocket

[lemoncake]

  On 1/27/2013 at 2:08 PM, diddums said:

  On 1/27/2013 at 1:53 PM, jbrain said:

  On 1/27/2013 at 1:49 PM, lemoncake said:

  On 1/27/2013 at 1:42 PM, jbrain said:

You mean just at the time they were expected to start making some earnings for that day ?

I think they do most trade during the day, night time its empty. though this place seem to have the right combo, very low overheads(no air), hardly any staff and really its somewhat a well made shed with chairs and a pool table

You know the anecdote about the fish seller don't you.

He sold his herrings at a cent loss each, and made a really roaring trade every day.

However he sold each piece at a loss, he still made a profit at the end of the day because he sold such a massive amount of them

Anyone else confused n bewildered here ?

Nope, i have underlined the keyword in the original post, so it should clear up the the confusion

[infinity11]

  On 1/26/2013 at 12:17 PM, I Like Thai said:

Can you not just go into the bar, then you can tell us why it is successful.

My first response was 'this person has not been in thailand for a long time'

but i iwll admit it is a good idea though i probably will not do it.