subject: Use your Stock Room for Mission Critical Dollar Store Merchandise Only [print this page] Those running a dollar store know the convenience associated with having and using a stock room as storage space for excess dollar store merchandise. It is quick and easy to place cartons and partially filled boxes of products into the stock room for use at a future date. However, tying up your money in dollar store merchandise that sits away from the sales floor also adds considerable cost. Often that added cost goes for merchandise, storage, handling, and in some cases when items are misplaced even lost sales. However there are some mission-critical items to consider placing in back stock when you are running a dollar store.
Here are some examples of dollar store merchandise to consider placing in your stock room:
Dish detergent
If you normally pay 67cents each for dish detergent and one of your suppliers has it on sale for only 57 cents each during a monthly sale, then take advantage of the savings by stocking up. Bring in cases of all flavors. Stock your regular display area. Build an end cap display. And order even more for back stock. After all saving 10 per bottle on a core customer need makes this a good decision.
Holiday merchandise
Many of the major suppliers require advanced ordering of holiday merchandise. They also allow for early delivery. Yet often so much merchandise arrives that there simply is not enough room for everything on the sales floor. Those are the times to designate a portion of your stock room for holiday merchandise. Just remember to stay on top of the back stock. Move it to the sales floor as quickly as possible.
Hot sellers
Those running a dollar store know the frustration of having dollar store merchandise that unexpectedly sells well. In some cases there seems to be no reason for the high sales. Items just keep selling. In other cases the hot selling items might be part of trend or even items with high demand at all times. In other cases they might be seasonal items that have their hot selling season. Carrying a small safety stock of the proven best sellers is often a wise strategy.
Impulse items
Those running a dollar store recognize the immense sales increase possible with well selected and merchandised impulse items. These items frequently maintain super high sales levels for short periods of time. However in other cases sales remain strong no matter what the season of the year. Know the difference. Then when a proven hot selling impulse item with little variation is offered at the right prices, stock up.
Long lead time core products
There is a set of core consumable products shoppers seek on a regular, routine basis. These items must always be in-stock to maintain a supply for all shoppers. In some cases it is easy to replenish stock. Many different suppliers always have the item available. Yet there are other instances where availability of the items varies. The core items that are not always available deserve a small safety back stock inventory to keep them available at all times.
To your success running a dollar store!
Use your Stock Room for Mission Critical Dollar Store Merchandise Only
