Posted on: February 1, 2023 Posted by: TigerWebs Comments: 0
Grocery Store Business

Grocery Store Business In the midst of uncertain economic conditions like today, many people are starting to look for additional income. Apart from of course to increase income, this step was taken as a preventive if at any time he was laid off by his office. It’s no wonder that nowadays many people are starting to sell food, drinks or just become marketplace resellers.

When everyone sells on online platforms, there are actually still interesting offline businesses to do because the profits are quite promising. The business is to open a grocery store. Remember, there are still people who prefer to shop offline over online for several reasons.

So, if you are interested in opening a small but profitable grocery store, keep reading this article until the end. Opening a grocery store doesn’t really need to require a large capital. You can start with a small capital with the right calculations. So, so that your grocery store can make money, consider the following tips. The LinkUMKM team has summarized various sources.

1. Determine the exact location

If you want to start a grocery store business, then you need to determine the right and strategic location. Choosing the right location can affect the success of the store business later. If we pay attention, most grocery stores are opened in front of the house. Generally, shop owners will build a small shop or shop for a grocery store in front of the house. If your house is located in a strategic location, then you can also open a grocery store in front of the house.

But if not, then you need to find a strategic location and allow many people to come looking for daily necessities. For example, you want to open a grocery store in the campus area. Then you can look for locations around which there are many student boarding houses. They will often look for daily needs at the nearest grocery store. For example, buying refill gallons, mineral water, snacks, LPG, or toiletries. Also, make sure your shop is not close to other grocery stores to reduce competition.

Get to know the target market

After searching for and determining a strategic location for the store, the next step is identifying the target market. Even though it’s a home business, you still need to identify your target market. This aims to find out what products they need so you can sell the right item.

This helps the business turnaround to be smoother. If you open a grocery store in a residential area where the majority contain families, then you can sell children’s snacks, toiletries, household furniture, rice, refill gallons, instant spices, and more.

Find a trusted distributor

Furthermore, to fill the grocery store, you certainly need a trusted distributor. Currently there are many choices of distributors, some are even online. To choose the right distributor, you need to prepare several distributor lists and then compare them all to get one with the most suitable price, the delivery process is smooth, the goods are complete, easy to communicate with, and so on.

Provide friendly service

To launch a grocery store business, you also need to provide friendly service to all customers who come. Friendly service can make customers happy and when they need to buy something, they will come back to your store. You can ask yourself this, if the store clerk is dirty or unfriendly, do you want to go back to buying products at the store?

It’s better to find another store that sells similar products and provides friendly service. You can also be friendly to customers with small things, for example smiling, greeting, being polite, saying thank you when a transaction is completed, and so on.

Manage finances well

You need to separate your personal finances and the grocery store business finances so they don’t get mixed up. This is done so that you can manage sales results better. If mixed up, maybe you are using the money from the sale for personal needs.

You can create two different accounts to store personal money and money from sales. You can also accept digital payments such as e-money or QRIS. Especially if your target market is young people who are currently cashless. In addition, with digital payments, the money will also go into a digital wallet which is not mixed with personal finances.