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How to open a household chemistry department

How to open a household chemistry department

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The household chemistry department is one of the most promising options for starting your own business. With the proper organization of business and minimal advertising costs, you will receive a stable income due to high turnover.

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You will need

  • - start-up capital;

  • - room.

Instruction manual

1

Start by choosing a location. It is unlikely that a small department should rent or buy a separate room. The market of household chemicals is oversaturated today, so buyers prefer to take such products "along the way." Open a department in a small shopping center or store selling stationery, accessories, souvenirs, food, books. Do not neglect the markets, since patency on them is quite large.

2

Buy trade equipment. If the department is small, it should be transparent display cases, where one sample of each product is displayed. Out of sight of the buyer, install racks and boxes from which the seller will deliver the selected funds.

3

If the area allows, make a self-service department in which customers can choose products themselves. Sales in a store of this format will be higher because customers very often sniff funds, read compositions, and only then make a purchasing decision.

4

After registering your own company, enter into contracts with suppliers. If transport facilities allow, make purchases yourself, so you can save costs. Since the margin on household goods is relatively fixed, you should bet on large volumes of sales. That is why the logistics system with suppliers must be clearly debugged. Make pre-orders, analyze demand, monitor commodity balances. Ensure that all products are always in stock.

5

Decide how to differentiate your department from the rest in terms of marketing. For example, enter an exclusive product category that your nearest competitors do not have. It can be environmentally friendly cleaning products or a rare brand of diapers. Inform potential buyers. Arriving at the store specifically for these goods, customers will surely buy the remaining necessary funds of running brands.

note

Fakes in the household chemicals market can make up to 40% of the goods. Check all supporting documentation and certificates from the supplier to deal exclusively with quality products.

Useful advice

Carefully monitor the level of prices for the goods. The priority pricing method in the household chemicals sector is focusing on competitors. The main brands are quite memorable and often bought, so many buyers compare prices in different stores very well.

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