If you are about to start a dollar store, then you will need to understand all of the costs involved. It is a huge mistake to start your venture with inadequate funding. Today's business environment can be rough so you definitely do not want to get started on the wrong foot.
Hopefully, your dollar store will receive plenty of extra traffic during the major holidays. You will likely be focused on getting rid of all the holiday merchandise you have for sale. However, do not forget that people will still be buying general dollar merchandise during the holidays too. While your customers are doing their holiday shopping try to maximize sales of general merchandise.
You will sell batteries throughout the year since every household is full of electronics requiring them for operation. During the holidays however, batteries will fly off the shelves at a much faster rate than normal. Make sure you keep enough in stock so you do not run out when you need them the most.
When it comes to general dollar merchandise that sells well during the holidays toys undoubtedly come to mind. You can use the holiday season to sell off toys which have not sold really well for the preceding months. Some of them will make great stocking stuffers.
You should also try to get your holiday shoppers interested in the craft items you have for sale. Plenty of people will need items like ribbons, bows, and gift bags and wrapping paper. Some will also be interested in making their own crafts to serve as gifts.
During the holidays, people will snap photos left and right so they will have something to look back on to remember the good times they had. You should have a nice selection of disposal cameras for them to use if they do not have a more permanent design. Make sure you have plenty of film on the shelves for them to use too.
There are greeting cards made for every occasion. You will need special ones for holidays like Christmas. Although they do not always offer a great profit margin, it is vital for you to carry them.
If you are following the lead of other dollar store owners then you will have a department dedicated to snacks. They will sell especially well when people come to your store to do a little bit of holiday shopping. Have a wide variety of cookies, chips, and other snack foods on hand. Make sure you have candy bars and chewing gum near the cash registers since they are great impulse buys.
Although selling holiday merchandise is very important, do not forget your customers will still need general dollar merchandise. The holiday season is a great time to use the extra traffic to maximize their sales.
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