By rbhamil on Feb 3, 2011 in Merchandise | 0 Comments
For those who own a dollar store there are times when it seems like everything costs more. Read on for 7 proven methods to reduce cost-of-goods-sold in your store.
By rbhamil on Dec 29, 2010 in Cost Reduction, Merchandise, Sales/Profits | 0 Comments
Those seeking success with dollar stores who have been a little creative have even been able to negotiate and buy-out the inventory of closing businesses. Yet one step many overlook is actually the simplest.
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 Dec 21, 2010 in Merchandise, Sales/Profits | 0 Comments
As you prepare and then start a dollar store be ready to face the challenge of building your dollar store sale levels ever higher. This is a challenge that will become a major focus from the moment you open a dollar store and hold your grand opening event onward. You must devise strategies to continually build dollar store sales for your business. If your actions require extra cash, then the funding must also be available. No matter what the actions, measure how they are doing, and never lose sight of the need for dollar store sales to move continually upward.
By rbhamil on Oct 2, 2010 in Merchandise | 0 Comments
When you have a dollar store, the reality is that there will be some dollar store merchandise items that sell slowly or not at all. And while it will probably be only a few, there will be some that just seem to sit and collect dust. It is these super-slow and non-selling products that should be of concern.
By rbhamil on Sep 15, 2010 in Merchandise | 0 Comments
If you are seeking success with dollar stores you must offer the high priced consumable products to your shoppers. In this article I present actions to help offset the high prices with added sales of more profitable dollar store items.
By rbhamil on Sep 14, 2010 in Merchandise | 0 Comments
When you are seeking success on dollar stores, one of the important steps is to always maintain a good supply of the most in-need consumable dollar store items on the shelves. In this article I example actions that will allow you to reduce you cost per item as well as total investment in these items, and yet maintain a supply for your shoppers.
By rbhamil on Sep 13, 2010 in Merchandise | 0 Comments
With the money sitting on the shelf, you can’t buy the best selling dollar store items that quickly turn back into cash. In this article I present 4 steps to take non-sellers out of your vocabulary. Make each of these a part of your standard operating methods.
By rbhamil on Sep 11, 2010 in Merchandise | 0 Comments
If you have not previously owned or managed a dollar store, you would be wise to seek expert help. Whether it is a for-hire dollar store expert, a training program, a recently released book, current dollar store owners, or some other knowledgeable source, you need to make sure all of the dollar store items you purchase will sell.
By rbhamil on Aug 13, 2010 in Merchandise | 0 Comments
One of the biggest and highest leverage cost reduction opportunities is associated with the products you carry in your store. In this article I present 4 merchandise strategy actions when starting a dollar store.
