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Going to trade shows for your dollar store can be fun, but is extremely profitable. Not only do you get to talk to other storeowners, see some of the latest ideas and innovations to aid in making a profit, but you also can find new dollar store merchandise suppliers and talk to them face to face. Much of your business depends on having good wholesalers and developing a good relationship from the start can be important. When you visit every booth and talk with the dollar store merchandise suppliers, ask as many questions as possible to determine the type, quality and price of the dollar store items they carry. You can also glean a lot of information from looking at their display. Shoddy displays may indicate their business practices too. Great displays may not necessarily mean they have great merchandise, but it may mean they can give you some excellent ideas for displaying items in your store. Even if you’re excessively happy with the wholesalers you presently use, you can never have too many places to purchase store merchandise. Each wholesaler means another opportunity to increase the profits for your dollar store by providing unique, low priced items for you to stock. The prices for some items at a particular wholesaler may be quite low, while other items are almost as much as you’d pay at a retailer. By having many different wholesalers from which to select, you can get the best bargains for your customers and make a decent profit by doing it. As you investigate the new wholesalers, don’t forget to ask about shipping costs and minimum quantities. You may not want to order a huge lot of items until you get a true feel for the quality of merchandise the wholesaler offers. If the shipping costs are out of line, it can slash your potential profit to the point of becoming a loss. You might be lucky and find a local wholesaler that warehouses items. In this case, you can often go directly to the warehouse to pick up the items. This can save shipping costs and if the company allows, may give you an opportunity to investigate other items the wholesaler has to offer. When you find a wholesaler whose warehouse is in your area, it can be a huge benefit for your profit margin and customers. You’ll find new ideas and new dollar store merchandise suppliers at trade shows, so attending the shows is just as important as working at the store. It’s a great opportunity to renew your enthusiasm and find wholesalers who can benefit your bottom line. Looking for a dollar store merchandise suppliers or quality dollar store merchandise? JC Sales Wholesale and my company, Opening A Dollar Store, can offer the support you need to achieve long-term success.
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