4 Tips to Building Dollar Plus Store Sales
4 Tips to Building Dollar Plus Store Sales
Building dollar store sale levels is a constant challenge all that start a dollar store face. It doesn't matter whether you sell at the dollar price point or if you have an over $1 dollar store, you must develop and implement strategies to grow your business. Yet for those selling over the dollar price point the challenge seems to be more difficult. How do you inspire shoppers to come back more frequently? How do you motivate shoppers to purchase more during each visit they make to your store? In this article I present 4 tips for building sale levels for those with a dollar plus store.
Tip #1) Invest time and effort to develop strategies to create new traffic and to build the average sale size in your store. Building sale levels must become one of your main focus areas. You need to look for low-cost yet effective techniques. While it might be a sale or other event, don't stop there. Look for every opportunity to create a little excitement in your dollar store. One week it might be a barbeque and sidewalk sale. The next week might be a celebration of your store anniversary. The list is almost endless.
Tip #2) Try rolling back your dollar store prices.
Don't just hold dollar store sales and events in your store - create focused marketing that includes returning to the days of the dollar price point store. With all the great wholesale buying opportunities available in today's economy it is easy to locate merchandise to sell for only $1 and still make a profit. Mix it up by moving from one department to the next with $1 specials.
Tip #3) Buy dollar store merchandise specifically for sales and promotions.
While the last thing on many dollar plus store owners minds is looking for purchasing sale merchandise that is exactly what you should do. You must create an exciting and ever-changing store to build sales and to keep shoppers coming back. Make a focused effort to locate wholesale merchandise for the next event you plan to hold.
Tip #4) Spread special prices and one-time purchases throughout your store.
Your goal is to spread specials across the store. You need to make every effort to keep shoppers in your store for as long as possible so they see everything and make extra purchases. Those extra purchases add up to growing sales and profits for your business.
Tip #5) Give dollar store merchandise bundling a try.
Never ignore the power of bundling merchandise. This strategy can be us
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