3 Simple Dollar Store Secrets to Always Remember

Feb 29
14:29

2012

Bob B. Hamilton

Bob B. Hamilton

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If you are trying to start a dollar store, then you should know it is not exactly easy. Therefore, it is best for you to know a few important things so you can position your store for the best chance of succeeding. Here are three simple dollar store secrets every aspiring owner should know.

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If you are trying to start a dollar store,3 Simple Dollar Store Secrets to Always Remember Articles then you should know it is not exactly easy.  Therefore, it is best for you to know a few important things so you can position your store for the best chance of succeeding.  Here are three simple dollar store secrets every aspiring owner should know.

Core consumables are absolutely vital for your business.  Your customers will constantly come in your store seeking to buy items such as paper towels, bath tissue, household cleaners, and toothpaste.  Make sure you never, ever run out of these products.

Before you even open the doors to your new dollar store, you need to make a replenishment order for these core consumables.  If you advertise well enough, then people will come in and leave the shelves almost empty.  You certainly do not want to run out soon after you open for the first time since it will likely cause many people not to return in the future.

One of the next simple secrets for those who start a dollar store is you must always keep an eye on your merchandise.  Products which sell particularly well will need your attention the most.  Try to avoid running out of popular items since they are selling so well.

Also, give some consideration to changing up your product offerings a bit.  You can mix in closeout and liquidation merchandise with your typical dollar store products.  Everything you sell does not have to be dollar merchandise even if your name suggests so.  Using a dollar plus format may be a good idea for you.

If you do decide to offer slightly more expensive merchandise, then offer customers plenty of one-time deals.  This will definitely prompt them to return more frequently and give you more business in the future.

One of the most important dollar store secrets is you need to provide great customer service.  The better shopping environment you provide for your customers, the happier they will be.  As those who start a dollar store soon discover, happy customers translate into buying customers in most cases.

Make sure all of your employees are trained really well.  They should greet customers as soon as they come in the door.  Also, if they have trouble finding merchandise on their own, your employees should be there to assist them.  You should even think about getting feedback from your customers so you can further improve future customers' shopping experiences.

There will likely be many challenges awaiting you after you start a dollar store.  Keep these dollar store secrets in mind to help minimize your problems.