One of the most important actions those who start a dollar store can take is to keep shopper excitement levels running high.
While several factors such as a clean, well-stocked and properly merchandised store contribute to achieving this goal, there are other powerful actions to consider.
For example, keep the displays of your store full of the core products your shoppers must purchase.
This is fairly easily managed when you have reliable wholesale dollar product suppliers.
Offering a broad assortment of these products sets the stage for even more shopper purchases and frequent return visits to your store.
However there is another step which can create even more excitement with shoppers when you start a dollar store.
That step is to add periodic one-time purchases from your normal wholesale dollar product suppliers, or others.
These products need to be new and different.
Your goal is for shoppers to see these items as quality values for super-low prices.
Whenever possible tie the one-time deals to shopper requests you have received.
Look to your current wholesale dollar product suppliers first.
Ask about specials and closeouts you can purchase for lower than normal prices.
When you first start a dollar store many potential new wholesale dollar product suppliers will begin to emerge.
Yet for your routine purchases you don't need an added supplier, so you make no purchases.
If your current vendors don't have the right answer to your need for unique one-time deals, look to these competitors for possible solutions to fill this need.
Once again high-quality, coupled with low pricing is the formula.
Yet for a one-time deal, many of the different categories of these items can be the perfect solution.
When you first start a dollar store you may keep your purchasing strictly focused on dollar store general merchandise and specialty vendors only.
There is another group of suppliers to consider as your startup is finalized and you begin to look for ways to cut cost while adding new and different products to the mix.
When you are ready, investigate the many merchandise liquidation and closeout companies.
These companies offer a variety of items at unbelievably low prices.
Just make sure you know the nature of the merchandise.
Many handle everything from items which have been involved in fires, floods or other major problems to over-stocks, package changes, shelf pulls, customer returns, and more.
Each of these categories comes with its own set of challenges.
Be sure you know the exact nature of the product before you make the purchase.