Dollar Store Merchandise Supplier: Your Profit Partner

Dollar Store Merchandise Supplier: Your Profit Partner

There's no disputing the popularity of dollar stores. Consumers seek out these discount retailers like bees to honey, especially in hard financial periods, like a recession. Regardless of whether you're just in the planning stages of opening your dollar store or you already own it, it's critical to your success to locate a good dollar store merchandise supplier. An expert supplier can help you locate the best products at the best price, to ensure success with your business endeavor.

Dollar store merchandise is traditionally sold at very low prices, so you are able to buy the inventory you offer to your customers at extremely discounted prices. A great supplier can get you the items you need at costs as low as 30 cents, and sometimes for less than that. Buying in bulk, at least for non-perishable items and storing them in the backroom of your store or even in a storage warehouse off-site will help you get the best prices. It also ensures you're not stuck with products with a limited shelf-life and a date you must sell by.

You want to find a reputable supplier that can offer a wide range of quality products and services. Dollar store wholesalers can generally provide assistance in locating quality merchandise in the following product areas:

Clothing

Toys

Gifts

Make-Up and Toiletries

DVDs

Seasonal Merchandise

Hardware

Baby Items

Household Goods

Food Products

Besides getting you the inventory you need, a good supplier will set-up a convenient delivery schedule for you. They can even have their delivery drivers put the pallets in the back for you when they unload their truck. Having a dollar store merchandise supplier that can provide this type of services for you means one less thing you have to make arrangements for or delegate.

A wide range of quality merchandise will make or break the chances of your store's success therefore it's critical that you chose a dependable supplier who will provide the products your customers wish to purchase. You can look for supplies by asking non-competing dollar store supplies, or searching online.

After you've found a supplier you feel will be able to provide you with low-priced, quality merchandise, put in a small, initial order. This may cost you to miss out on the bulk discount rate on your first order, but placing a big order with a supplier that is unknown to you is very risky. No matter how promising the supplier may seem you want to proceed with caution before you rely on a specific supplier, you need to ensure they offer responsive customer service, timely deliveries and quality products.

Even if you've found a supplier you trust and like, it's still a good idea to look at other suppliers. The wholesale business is subject to change, this is particularly true if a supplier's product source dries up or they significantly increase their prices. You should be prepared by having a back-up supplier already in place if your main wholesaler changes their business model in a way that will have a negative impact on your continued success.

Your dollar store merchandise supplier should treat you as valuable customer, and earn your business including helping you locate the right products for the region where your store is located. Many wholesalers will even assign you a dedicated account manager who can help you expedite orders and plan deliveries. Your assigned manager can be extremely helpful as you determine how much inventory to keep on hand and when you should order seasonal products.

One other consideration you should look at when you're making your business plan is determining what type of dollar store you want to have. While there are stores that sell items exclusively for a $1.00 or less, many shops also offer more expensive items. Which type of dollar store you will operate has an impact on your supplier choice. You can get help deciding the best store type for your area by contacting the local Chamber of Commerce or Small Business Administration to get free business counseling.

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