Those who know how to open a dollar store understand one of the biggest challenges facing every new store is continually building sale levels.
While sales seem to be on autopilot initially, they soon level off.
In most cases the first plateau doesn't achieve projected sales.
It falls far short of desired sales and even levels required to generate profits for the business.
It is important to never allow sales to slow or even drop.
Actions must be taken during the start up and after to keep customer numbers growing.
Actions must be taken to continually grow the sale size for shoppers.
Actions must be focused on growing sales to ever-higher levels.
In this article I present 3 actions to help you achieve the sales goals for your store.
Action #1) Properly place dollar store merchandise The final location you select to display the merchandise within the store has a significant influence on sales you will achieve.
Really examine your decisions before simply placing items in the next available slot.
Consider where similar and complementary items are placed in your store.
Action #2) Add key merchandise Many items are sure sellers for your business.
For example those who know how to open a dollar store recognize reading glasses, sunglasses, barbeque lighters, cotton swabs, and many other often overlooked items warrant being added to their offerings and appropriately displayed in their stores.
Stay connected to continually gain insight regarding the latest hot sellers as well as the items that have fallen out of favor with shoppers.
Action #3) Conduct Special Events Those who know how to start and manage a successful dollar store realize special events can add significantly to the annual sales for your business.
Select special events, as well as promotions focused on specific holidays and seasons throughout the year.
Be sure to add appropriate merchandise to cover for extra sales.
To your success as you discover how to open a dollar store!
While sales seem to be on autopilot initially, they soon level off.
In most cases the first plateau doesn't achieve projected sales.
It falls far short of desired sales and even levels required to generate profits for the business.
It is important to never allow sales to slow or even drop.
Actions must be taken during the start up and after to keep customer numbers growing.
Actions must be taken to continually grow the sale size for shoppers.
Actions must be focused on growing sales to ever-higher levels.
In this article I present 3 actions to help you achieve the sales goals for your store.
Action #1) Properly place dollar store merchandise The final location you select to display the merchandise within the store has a significant influence on sales you will achieve.
Really examine your decisions before simply placing items in the next available slot.
Consider where similar and complementary items are placed in your store.
Action #2) Add key merchandise Many items are sure sellers for your business.
For example those who know how to open a dollar store recognize reading glasses, sunglasses, barbeque lighters, cotton swabs, and many other often overlooked items warrant being added to their offerings and appropriately displayed in their stores.
Stay connected to continually gain insight regarding the latest hot sellers as well as the items that have fallen out of favor with shoppers.
Action #3) Conduct Special Events Those who know how to start and manage a successful dollar store realize special events can add significantly to the annual sales for your business.
Select special events, as well as promotions focused on specific holidays and seasons throughout the year.
Be sure to add appropriate merchandise to cover for extra sales.
To your success as you discover how to open a dollar store!