What are the ongoing expenses of a convenience store? How do you reduce your expenses in a convenience store business? Here is everything you need to know. Convenience stores are characterized by their late hours, which is convenient for customers who may be passing through the area as they come home from work. Note that…

 

A dollar store is a type of general store that limits its prices. It can sell anything from discounted household goods, party supplies to movie tickets. While the name suggests that nothing can be sold for over a dollar, some stores will make exceptions for certain products while keeping the vast majority of stock at…

 

Music system and speakers are used to serenade the retail store with good music. Retail sound systems can be configured for any size retail space, from a simple background music system for a small shop to a paging and voice evacuation sound system for a shopping center. The truth is that, once the correct size…

 

Do you want to start a convenience store business? If YES, here are important licenses, permits and documents you need to open a convenience store. A convenience store is usually a small store that stocks a wide range of everyday items that are used in households. It is common to find commodities such as groceries,…

 

Do you want to know how much money furniture stores make yearly? If YES, here are 9 factors that determine the income & profit margin for furniture stores. Whenever any entrepreneur wants to start a new business, one of the first questions that they usually ask or rather one of the first info they try…

 

Do you want to know how much money dollar stores make in profit yearly? If YES, here is an analysis of the income & profit margin for dollar store businesses. There is no store more convenient than a dollar store. Both people who have or don’t have much money can enter into a dollar store…

 

Do you want to start a convenience store and want to know the cost? If YES, here is a cost breakdown for opening a convenience store and the profit margin/ROI. These types of retail stores are often characterized by their late hours, which is convenient for customers who may be passing through the area as…

 

Do you want to install an ATM in your retail store but don’t know how to get one? If YES, here is a 6-step guide on how to apply and get an ATM in a store. Why Install an ATM in your Store? The difference an ATM machine makes to your store is very amazing….

 

Do you want to add chocolate bars to your inventory? If YES, here is exactly how much profit you can make on a bar of chocolate as a store owner. The all-time favorite confection recorded retail sales of about 98 billion U.S. dollars worldwide in 2016. In that year, 36 percent of all chocolate sales…

 
 

Do you want customers to promote your product free through word of mouth? If YES, here are 10 best subtle ways to get customer reviews without asking for it. There was a time when small businesses depended on word-of-mouth for business success. But as time went on, word-of-mouth became less necessary for businesses, thanks to…

 

Do you need a signage that will increase your retail shop foot traffic? If YES, here are 20 smart tips for making a persuasive signage for your retail store. Persuasive signage are those signage that influences consumer behaviour through convincing language or attractive imagery. These signs can advertise a specific product or promotion. Persuasive signs…

 

Do you experience losses in your shop due to theft? If YES, here are 20 iron-clad ways to permanently stop employee theft and shoplifting in your retail store. To a lot of retail store owners, the main threat they face is the prevalence of shoplifting which can greatly impact profitability of their store. The idea…

 

Do you run a shop that sells groceries, clothes, drugs and you want to boost sales? If YES, here are 25 guaranteed ways to increase sales in your retail store. Increasing sales in your retail store is the only option you have when it comes to generating more revenue from your business. Depending on what…

 

Do you run a retail business and you want customers to shop again? If YES, here are 10 best tips on how to improve customer engagement in your retail store. The advantages that are associated with customer engagement are well known and documented. They can range from increased brand awareness and trust to improved customer…

 

Do you run a retail store and want to boost sales? If YES, here are 10 best customer engagement activities to increase the time and money spent in your retail store. If you run a retail business, one major strategy you need to generate sales and keep the business going is to ensure that you…

 

Do you run a retail store and need tips to turn customers to brand promoters for free? If YES, here are 20 best customer service tips for small retail businesses. Everyone wants to feel like they matter, and like their needs and challenges to be addressed with competence and seriousness. Yet, each client your business…

 
 

Do you run a retail store and need ideas to get customers in the door? If YES, here are 20 practical tips on how to do visual merchandising for a retail store. This generation is very distracted. In fact, people are too distracted that they cannot afford to waste a single moment figuring out what…

 

Do you run a retail shop and want to stop theft or shoplifting by customers totally? If YES, here are 20 guaranteed ways to prevent shoplifting in retail stores. If you are a retailer who has once had issues with shoplifting, then you may want to agree that such challenge could in fact eat deep…

 

Do you have a lot of things that you don’t use anymore? Is it just lying around your house or taking up precious garage space? Or is it that you need some extra cash? Then you can have your very own garage sale and turn your old “junk” into money. A garage sale, yard sale,…

 
 

Are you about starting a retail business? If YES, here’s a complete sample online retail store business plan template & feasibility report to help you get started. Okay, so we have considered all the requirements for starting a retail store. We also took it further by analyzing and drafting a sample retail store marketing plan template…