I would say our neighbors to the north are a good indicator of what
works here so read this article:
http://www.cbsc.org/ontario/english/search/display.cfm?Code=8147&coll=ON_PROVBIS_E#1.3%20Selecting%20Your%20Inventory
Groceries 26%, soft drinks 12%, dairy 10%, deli items 7%,
cookies/snacks 7%, frozen snacks 5%, non-foods 5%, magazines 5%, ice
cream 4%, health/beauty 4%, produce 3%, baked goods 3%, candy 3%, meat
2%, tobacco 2%,
Now if you visit a Circle K here in Arizona, since everything is so
scattered around the metro area, gasoline is the first thing you would
notice about a store. At least 4 pumping stations.
Inside at the checkout is lottery tickets, Powerball machine,
cigarettes and tobacco products, booze, lighters, impulse items. In
the coolers are pop of every sort and half of cooler is full of beer
brands. A large dairy case with milk(fat free, 1%, 2%, chocolate),
bologna, eggs, orange juice, etc. Water is a moneymaker in the desert,
I paid 2.40 for a cold gallon of a brand that cost 79 cents for a
gallon at most grocery stores.
The candy isle has 100 varieties of candy bar, 30 varieties of gum,
and all sorts of junk that every variety. Beef jerkies, sunflower
seeds, potato chips (big seller), hot dogs, polish dogs, cheeseburger
dogs, fountain drinks, a Icee machine that is on the blink with 4
flavors(the wife prefers grape). They stock a huge selection of
plastic tumblers with lids(12 ounce thru a 44 ounce gorilla jug).
Newspapers and all the varieties of trader magazines(car, truck, boat,
rv, atv, old car, new car, import, etc.)
Ice is a big item in the desert.
Money orders.
Oil, transmission oil, and anti-freeze, plus a water and air machine.
I can?t even believe I forgot coffee, huge margins made here. 1.09 for
12 ounces, 1.19 for 16 ounces, and 1.29 for 20 ounces. Buy their
special cup advertising there store and you get coffee for 10 cents
less per serving, woo hoo.
Here?s a nice article to let you know how tough these convenience
stores have it: http://www.citizenet.com/news/articles/021904/biz-tech2.shtml
I used ?convenience stores? plus "profit" "producers" in my search. |