One of the many expenses that you will need to focus on with running a dollar store is the type of fixtures you have. The type you have is very important, especially since it can help you with dollar store cost cutting.
A little known dollar store tip for cost cutting: one of the many expenses that you will need to focus on with running a dollar store is the type of fixtures you have. The type you have is very important, especially since it can help you with dollar store cost cutting.
Many dollar stores have standard fixtures throughout the location. Instead of using them though, you should use taller 72-inch fixtures. This allows you to stack more inventory on the shelves. The more inventory you have on the floor, the more potential profits you stand to make.
Using taller fixtures will go a long way towards helping with dollar store cost cutting. However, you can take things even further. Use the area on top of your taller fixtures as storage space. Why is this dollar store tip useful? Doing this is beneficial for a wide range of reasons.
First of all, you will always need to have backup merchandise on hand, especially for hotter and faster-moving items. Keeping the merchandise directly on top of your fixtures makes things easier when it comes to your employees restocking. Make sure that the back stock items are placed atop similar items, instead of another area of the store.
Using taller fixtures to help with your dollar store cost cutting does present a potential safety hazard though. Some of your customers may be tempted to access items stored high atop the fixtures. This will obviously pose the risk of them injuring themselves in the process, and opens your dollar store up to a potential lawsuit. Therefore, make sure you place a sign warning customers not to attempt anything like this, and to get an employee's help instead.
Another helpful dollar store tip: when you start your store, you do not have to buy all of your fixtures new! You can trim your costs significantly by buying used fixtures. Just make sure that they do not look worn down when you use them, or it may turn customers off from purchasing your items.
Getting taller used fixtures for your dollar store should not be that hard. Find stores that are either relocating or closing down entirely. Those that are closing down will no longer have any use for their fixtures, so they will likely cut you a deal on them. Stores that are relocating may not want to take them with them either.
Before you buy taller fixtures for your store, make sure that you take the time to plan a layout. This will give you the best idea on how many fixtures you need. This little known dollar store tip will help you immensely!
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