4 Reasons General Suppliers Are Critical To Dollar Store Success

If you are about to start a dollar store you are probably very concerned about where you will locate all the right products for your store. You are probably hearing about supplier directories to help get you started. Likely lots of store start up services have come to light; all with their plans to help with dollar store merchandise. Maybe you’ve located a book on starting a retail store. You are probably concerned if you don’t take advantage of one of these sources you will make some major buying mistakes. For those who do decide to move forward without help, one of the main supplier resources you should consider is general merchandise suppliers. In this article I present 4 reasons they are so critical to your success.

#1) Good general merchandise suppliers are your one stop source for a wide range of dollar store merchandise. When you start a dollar store these companies provide products across a wide range of categories. This is your chance to purchase the core products for almost every department in your store. Best of all, it’s all available to you in one place which saves time. You will also find freight costs can be reduced using general merchandise suppliers since a larger quantity is being shipped to your store from a single location.

#2) Most larger general merchandise suppliers provide seasonal and specialty items as well. While the selection of this dollar store merchandise might be limited it is one way to fill in when sales exceed expectations, or when your specialty companies fail to deliver. You can simply add these specialty items to your standard orders. For example adding two or three cases of seasonal gift bags takes little room, but can add hundreds of dollar in sales you would have otherwise lost should a specialty company fail to delivery your order.

#3) General suppliers are often a great resource for purchasing closeout or special priced merchandise. When you start a dollar store you will quickly discover many general suppliers offer weekly or monthly specials. Often these specials are on core everyday products that sell well. They also periodically decide to reduce inventory on items that haven’t sold as planned. In both cases these lower prices provide a chance to add to your profits.

#4) Established general suppliers can provide names of other companies when you need products they don’t carry. Once you’ve found one or two reliable general dollar store merchandise suppliers stick with them. You’ll find they are often more than willing to help you grow your business. After all that means more sales to them in the future. One example is their willingness to provide contact information about specialty companies when they don’t provide the items you need.

To your success when you start a dollar store!

By: Bob Hamilton

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Bob Hamilton is an entrepreneur, author, writer, business consultant and trainer.