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  • Casual Articles - Opening a Dollar Store - Selling Impulse

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    charms might sell in all locations, certain designs will sell in higher volumes in different locations. (Jewelry and charms that include bingo designs will sell in high volu
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    One of the best methods for adding extra dollars to the average sale when you are opening a dollar store is by adding the right impulse items to your store. Yet there is much more to the formula than just adding impulse items. Those impulse items must be the right items for your store’s shoppers, they must offer the right profit margins and they must be merchandised in the right ways to draw interest and to maximize sales.

    The traffic in every store is slightly different. While there will be core products that fit all shoppers, there will be other items that fit your shoppers perfectly. For example, batteries are a great impulse and add-on item for most stores. Yet while jewelry and charms might sell in all locations, certain designs will sell in higher volumes in different locations. (Jewelry and charms that include bingo designs will sell in high volum

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    more to the formula than just adding impulse items. Those impulse items must be the right items for your store’s shoppers, they must offer the right profit margins and they must be merchandised in the right ways to draw interest and to maximize sales.

    The traffic in every store is slightly different. While there will be core products that fit all shoppers, there will be other items that fit your shoppers perfectly. For example, batteries are a great impulse and add-on item for most stores. Yet while jewelry and charms might sell in all locations, certain designs will sell in higher volumes in different locations. (Jewelry and charms that include bingo designs will sell in high volu

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    must be merchandised in the right ways to draw interest and to maximize sales.

    The traffic in every store is slightly different. While there will be core products that fit all shoppers, there will be other items that fit your shoppers perfectly. For example, batteries are a great impulse and add-on item for most stores. Yet while jewelry and charms might sell in all locations, certain designs will sell in higher volumes in different locations. (Jewelry and charms that include bingo designs will sell in high volu

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    it all shoppers, there will be other items that fit your shoppers perfectly. For example, batteries are a great impulse and add-on item for most stores. Yet while jewelry and charms might sell in all locations, certain designs will sell in higher volumes in different locations. (Jewelry and charms that include bingo designs will sell in high volu
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    charms might sell in all locations, certain designs will sell in higher volumes in different locations. (Jewelry and charms that include bingo designs will sell in high volume in a store that is right next to a bingo parlor while they will sell in much lower volumes in a store that is located right next to a church.) When opening a dollar store it is important to know your shoppers and to select the merchandise that will appeal to the majority.

    Work to include higher margin products in your impulse category. This might be via negotiating lower prices. It also might be by taking advantage of special reduced cost offers for items that fit the impulse category. When opening a dollar store always keep an eye out for impulse items when doing routine buying and while at trade shows and events. Just a few extra cents profit on high volume impulse items can mea

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