By rbhamil on Feb 5, 2011 in Management | 0 Comments
In fact those who own a dollar store must take steps to maximize profits while facing the growing threat from these major players. One strategy to address this threat is to add the right $1 plus merchandise to the mix in your store.
By rbhamil on Feb 1, 2011 in Management | 0 Comments
Just as the old five and dime stores went by the wayside, there will likely come a time when the 99 cent store or $1 only store format will become a dinosaur and parish. For those with an interest in the world dollar stores, there remains hope. Read on as I present the time is right to plan ahead for future changes.
By rbhamil on Dec 24, 2010 in Management, Merchandise, Suppliers | 0 Comments
When opening a dollar store, you must be a bargain hunter to find those extra savings that will make you extra profit margins. In this article I reveal some of the best sources to help reduce your cost of goods for the dollar store items you carry for resale.
By rbhamil on Oct 19, 2010 in Management | 0 Comments
While dollar stores in the past may have had a reputation for selling inferior goods, these days the products they sell are different. Frequently they include wholesale remainders; this makes them equal in quality to those sold in many drugstores and supermarkets.
By rbhamil on Oct 1, 2010 in Suppliers | 0 Comments
Where are these acceptable suppliers that will help achieve success with dollar stores to be found? Read on for help getting started in your search.
By rbhamil on Sep 30, 2010 in Customer Service, Management | 0 Comments
In this article I present 4 steps resulting in customers coming back time after time. Each of these steps has a place in your overall program to generate new customers and to keep those you have coming back for more.
By rbhamil on Sep 29, 2010 in Management | 0 Comments
When you specifically look at the small amount of space required to install a small gumball machine, toy bouncing balls vending, and machines offering mystery prizes of all types, you must ask if this might be a very good addition to the mix in your store. In this article I we examine vending machines in more detail.
By rbhamil on Sep 27, 2010 in Management | 0 Comments
For those who start a dollar store there is a need to know the nitty-gritty essentials associated with the inventory and inventory management of the dollar store items they sell. In this article I focus on one of the most challenging questions. That question is how much back stock to maintain when your start a dollar store.
By rbhamil on Sep 27, 2010 in Management | 0 Comments
There are some real pros and cons to making lay-away services available to your shoppers when you start a dollar store. In this article I cover some of the biggest pros and cons to consider before making your decision.
By rbhamil on Sep 27, 2010 in Management | 0 Comments
In this article I present some of the actions for you to take to ensure you have the right inventory of dollar store items to support your current sales levels. After all product inventory levels do require adjustment as sales move up or down if you are to achieve success with dollar stores.
