How to open a discount store

Organization of a business does not work without first choosing a direction of activity. Having analyzed all the pros and cons and opting for a discount store, an entrepreneur should take into account that there can always be problems that are best thought in advance. For example, opening a store in the offseason will help you pay off the fastest.

You will need

• - premises in a passageway,

• - sign

• - reliable suppliers of goods.

Instruction manual

1

To open a store, you need to choose a room that you can either rent or purchase into property. It will also require investments in lighting, equipment and store upgrades.

2

From the location of the store depends on its profitability, there should be a large cross of people. The main feature of the discount store is a large selection of goods and minimal presentation. It is worth considering that making incredible discounts is unlikely to succeed, since then the costs simply will not pay off.

3

The name of the store plays an important role; you should not hang a sign with the inscription "Discount store". It is necessary to choose a sonorous, curious, unusual and enticing name. Most people prefer stores with foreign names.

4

After this, you must select the company that supplies the product to the discount store. Well, if this company is large and has established itself in this market, then there will be no supply disruptions and other related problems.

5

When purchasing goods in bulk, an additional discount is usually provided.

6

The discount store does not need excesses, for example, in the form of mannequins arranged in a row. It should correspond to the mentality of customers and the price level of the goods sold, so that buyers are not shy about visiting the store and calmly choosing the goods.

7

Another advantage of this type of business is self-service, you do not have to hire a whole staff of people and pay them wages.

8

All goods must be prepared before they go on sale - inspection for damage and defects, after which you can set a price. The most acceptable margin on the goods sold is 100-130%, sometimes part of the stale goods will have to be sold at cost or lower.

9

Constant updating of the assortment attracts buyers; purchases should be carried out at least once every 5-7 days.

note

Over time, experience comes, it will be possible to expand and open several more stores in other areas of the city, as well as forecast demand.

Useful advice

A non-selling item should not be looking for a buyer, but rather, the buyer should be looking for the right thing. Therefore, you should save free space and display the entire range of goods.