4 Reasons to Locate Honest, Reliable Dollar Store Suppliers
The importance of locating honest, reliable, customer oriented dollar store suppliers for your merchandise cannot be understated. In fact many who start a dollar store without considering the need for top-notch vendors soon discover the many repercussions associated with obtaining their dollar store merchandise from less than dependable suppliers. The impacts of this run cross the entire business. In this article I will reveal the positive impact a well-chosen supplier can have on your business.
#1) Business costs are less with the right suppliers in-place. The suppliers you seek offer competitive pricing on the products they sell at wholesale. They will also offer weekly or monthly specials. Many will also offer closeout pricing on package change, special purchases or overstock items as well. They operate on a tight margin just like you, and they do everything possible to turn their on hand merchandise so fresh new items can be added to their inventory.
#2) Speed of service is critical from the day you start a dollar store until you retire. Once you make a purchase you will have paid for the dollar store merchandise involved. Yet likely that merchandise is sitting in a warehouse many thousands of miles from your store. Your money is spent, and now you must be able to depend on the items being quickly pulled, palletized and shipped to you. Every day of delay costs you money, and reduces already tight margins. Your dependable supplier will see to it that your items are pulled and shipped quickly.
#3) Commitment to you and the success of your business. While almost every one of the dollar store suppliers you speak with will claim to really care about the success of your business, only a few will really demonstrate that in their actions and deeds. You will learn this the hard way in some cases after you start a dollar store and find your telephone calls are ignored, you aren’t provided with the best sales, and you are treated poorly in general. Stop dealing with companies that treat you poorly instantly. Move your business to those who value you and your company.
#4) Honest, reliable dollar store suppliers will always work to be honest and fair with you. They will make sure you receive the same buying opportunities as other customers. They will be fair in communicating special deals on merchandise. They can be depended upon to treat you just the way they treat the huge retail chain that purchases much more dollar store merchandise every week.
To your success when you start a dollar store!
Learn how you can Start your own Dollar Store Business.
Bob Hamilton is an entrepreneur, author, writer, business consultant and trainer.
5 Dollar Store Merchandise Suppliers Tips when Opening a Dollar Store
If you are opening a dollar store you are probably very concerned about where you will find the right dollar store merchandise for your store. You are probably concerned about where to find dollar store suppliers you can depend on. You need a supplier that cares about you and your business success. They need to provide quality products, but the price can’t be too high. They need to do exactly what they commit to do every time. That’s a tall order of expectations, and you don’t know even one supplier. Then let’s get started. In this article I present 5 dollar store merchandise supplier tips to help you get started screening down to the perfect suppliers for your business.
Tip #1) Don’t put all your eggs in one basket when it comes to dollar store suppliers. When opening a dollar store it is important to deal with a primary set of suppliers, but to also have a set of back-up suppliers waiting in the wings should they be needed. Circumstances change in the industry quite frequently. You never know when you will need to begin using a pre-screened back-up supplier.
Tip #2) Never commit to any dollar store supplier without investigating first. Make sure a supplier meets your expectations before ever beginning with them. Who wants to deal with a company that is high-priced, ships only about half of the order, doesn’t ever answer your telephone calls, and then delivers poor quality merchandise after weeks of waiting?
Tip #3) Meet dollar store suppliers face-to-face whenever possible. This won’t be practical in many situations. Yet if you can speak with a representative and see the merchandise it is much easier to make your decision. Trade shows, and trips to major distribution locations are a great way to make this happen. Some companies also have representatives who can come to you.
Tip #4) When opening a dollar store it is best to start with a smaller, test order. This allows you to verify the entire process with a prospective supplier without tying up too much money.
Tip #5) When you are about to start a dollar store it is important that you never be afraid to reject a dollar store merchandise supplier from consideration. Don’t tolerate poor customer service, low quality merchandise or high prices. Move on to the next supplier carrying similar merchandise. While some companies don’t seem to care about you and your business, others genuinely want a partnership with you.
To your dollar store success!
Find out how you can open your own dollar store business.
Bob Hamilton is an entrepreneur, author, writer, business consultant and trainer.