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Dollar Store Merchandise Supplier – Managing Your Suppliers

By Tim Shirley

With dollar store merchandise costs jumping ever-upward, those running a dollar store must continually identify and implement tactics to make product costs decrease. Whether it is actual cost reduction, eliminating slow selling products, or improving merchandise inventory turns, there is no longer room to simply ignore this top priority.

It is almost a game of one-million questions as you begin to decide what products will go where, and how much room to allocate to each dollar store merchandise category. In this article I present 5 tips to help you begin to make decisions about the merchandise layout for your store. With the layout defined you can move on to determine exactly how much of each dollar store item to order in preparation for the start-up of your business.

1) Spread dollar store merchandise: It is possible to actually reduce the quantity of on-hand merchandise using this tactic. One of the easiest ways to implement is to go from 8″ or 10″ peg hooks as the standard in your store down by 2 inches. So the 8″ peg hooks become 6″ peg hooks and the 10″ peg hooks become 8″ peg hooks. These shorter peg hooks take fewer products. Your existing inventory will ‘spread’ out to cover more display area. The downside is, of course, the need for more frequent replenishment and facing up of merchandise.

2) Run shorter aisles at the front from side-to-side: As you move to the front of the store you will find the right spot for cash registers. Left over space must be allocated for additional displays. Front of store displays closest to the walls will likely include more gondola fixtures. Install shorter fixtures and run them parallel with the front of the store. Once again this facilitates easy employee viewing from the cash register area.

3) Include space for lobby displays: If room allows be sure to include space in the lobby for larger, bulk dollar store merchandise displays. Shoppers just entering your store will be impressed and drawn to these giant displays.

4) Include space along front windows for displays: Don’t block windows with fixtures. Leave room for large bulk displays for shoppers inside and outside of your store to see. Try to include displays of the latest arrivals as well as the hottest selling dollar store merchandise.

5) Emphasize best selling departments: If you are running a dollar store one of the areas of focus needs to be your top selling departments. While it is important to always work to improve your poorest performing departments, leverage the successful departments at all times. Never allow the best selling merchandise to run out. Promote these departments. Expand the breadth of the best selling items being offered.

Finding the best information about opening a dollar store can be overwhelming at times. One of the best places we found online to get the straight facts is dollar store wholesalers

categories: franchising,business,supplies,retail,sales,marketing,negotiation,entrepreneur,consulting,management,careers,employment,construction,customer service

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Article Citation
MLA Style Citation:
Shirley, Tim "Dollar Store Merchandise Supplier – Managing Your Suppliers." Dollar Store Merchandise Supplier – Managing Your Suppliers. 7 Jul. 2010. uberarticles.com. 17 Jan 2015 <http://uberarticles.com/business/dollar-store-merchandise-supplier-how-tiny-cost-cut-adds-up-to-thousands/>.

APA Style Citation:
Shirley, T (2010, July 7). Dollar Store Merchandise Supplier – Managing Your Suppliers. Retrieved January 17, 2015, from http://uberarticles.com/business/dollar-store-merchandise-supplier-how-tiny-cost-cut-adds-up-to-thousands/

Chicago Style Citation:
Shirley, Tim "Dollar Store Merchandise Supplier – Managing Your Suppliers" uberarticles.com. http://uberarticles.com/business/dollar-store-merchandise-supplier-how-tiny-cost-cut-adds-up-to-thousands/


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