How Do You Start An Online Dollar Store?
Dollar stores offer a remarkable variety of products at bargain prices. Many consumers don’t live or work near a dollar store, so offering an online option with reasonable shipping charges fills an important market niche. Whether you purchase a franchise or start from scratch there’s more potential for profit because an online store isn’t subject to some of the overhead costs of a bricks and mortar store. Use this basic information to start an online dollar store. Determine whether or not you’ll be carrying actual inventory or drop shipping. Drop shipping means that your orders are filled by either the product’s manufacturer or a jobber. If you will be doing the shipping, set up an area for storage. Negotiate with your suppliers for the best price possible. Ask about volume discounts or discounts for prompt payment of invoices. Take shipping costs into consideration if you will be warehousing the product. Try to get free shipping from your suppliers, or discounts on shipping for prompt
