How you can be successful on your sari-sari store

Wherever you are in the Philippines, there is a good chance that there is a sari-sari store within a walking distance. You can see a sari-sari store near subdivision, school, churchs. A sari-sari store plays a major part of the Filipinos way of life. There are a lot of factors that can make or break the business especially since a sari-sari store requires discipline, attention and focus.

Most owners would want to put up a sari-sari store for various reasons. Most of the reason is because it is about taking some nice profit while providing the daily needs of the family. Why? Because in a matter of months, your store will eventually start thinning and run, because the capital has evaporated already!

An to achieved these there must be some discipline involved! This is the best, yet the hardest strategies that can save the business and make it prosper. Taking profits from a sari-sari store can make or it can break the business. Most owners would simply keep a fixed amount from the daily sales, which will they consider as profit or “tubo”.In putting up a sari-sari store there’s no big money involved if you have 2000 or 5000 you can now have a business and with that within a months you can now get your ROI.

It is also important that don’t overpriced goods that you are selling because it might affect the repetitive buying habit of your customer As we all known , your customers are not from another planet that does not know the actual price of each item you sell because, they know the market where your supplies come from! So do not overprice your goods.Yes, you have to watch how much you should price each item, even though it consume electricity such as soft drinks and don’t try to overprice it.

Rafronredj sari-sari store starts since 2010 and I was one of their first customers when they launch their business I have seen the bloom that happen on how they retain their loyal customers but first before they overcome the loyalty of their customer. Rafronredj Store also encounter problem because of the huge sari-sari store that surround on that area. Sari-sari store also experience competition, nowadays if you 2000 you can know put up a sari-sari store because of the countless number of sari-sari store you also need to be competitive in retaining customer and one of the strategy that you can do is to offer them a much lower price against the price of your competitors.

As Chinese businessman said “Ok lng maliit kita, basta marami customer” and also you need friendly to your customer.As I observed since my Mom have sari-sari store when I was a kid and this day I was sometimes assign to take in charge on the sari-sari store of my cousin all the way to present, that the patterns, behaviours, trends, and even customer preference are still the same.

An having a successful sari-sari store is maintaining your relationship with your customers so that they will stick with you, not on the competition.

So what are you waiting for put up your sari-sari store now!

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