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Grocery is a promising and profitable business

Grocery is a word borrowed from the Arabic language (literally translated as "look and take"), in an authentic form meaning dry food: raisins, dried apricots, various smoked products. In Turkey, the word "bakkal" was a vegetable trader. At present, the name has spread to a wide range of food products: tea, coffee, flour, salt, cereals, sugar, pasta, snacks, spices and other dry or loose food.

Grocery is a kind of indicator of the economic situation in the country. According to the state of the grocery business, one can say what are the prices for essential products, what is the demand for them, whether there is a deficit of certain goods, etc.

Benefits of grocery business

Grocery has a number of advantages in comparison with other types of trading business.

  • Stable demand for the products presented.
  • Grocery has a long shelf life and does not require special storage conditions.
  • Savings on the lease of warehouses and additional premises. Such goods as sugar, flour, coffee, it is accepted to store directly in the trading premises in bags or bales. It is not necessary to remove them into utility rooms.
  • As a rule, grocery departments are not the most favored path of shoplifters: goods do not carry much value, and almost no one will break into the trading premises for a couple of bags of ground pepper and sugar.
  • There is no need to hire a large number of staff and staff of the hall. Visitors can measure the number of products they need. Only a person is needed for weighing and direct calculation at the cash register.

In Russia, this type of business is not very developed in terms of technology and price policy in comparison with Western countries.

Grocery shop as a kind of business

Grocery is a very demanded type of goods, while the owner of such a business should remember that visitors are very important price and a wide range of products. The price policy is often a factor determining the liking of buyers or its absence. With a competent organization, a grocery store will bring a stable and fairly high income. Modern standards of quality in this area are increasing from year to year: convenience of accommodation, availability of goods, the presence of all price tags, the system of "stroke", fast service, etc. Also important is the geographical aspect: make sure that the place where the store is located, provides easy access to the car and free parking. Ideally, a grocery store should be easily accessible for both motorists and pedestrians. The courtesy of the staff plays a big role in creating a common store image.

To organize this business, one of the main tasks (and at the same time difficulties) is represented by suppliers of goods. The conditions under which an agreement with them will be signed will directly affect the profitability and payback of the project. In the grocery business, properly organized food supply is half the success. Naturally, in big cities there is a high competition, which involves fighting for the most profitable suppliers.

Grocery is an up-to-date and promising business that, with due organization and integrated approach, will provide its owner with a steady income and quick payback.

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