Saturday, 11 October 2008

$1/$2/$5/$10 Store


This small business is about all the things is sell in $1,$2,$5,$10. Include Food & Drink, Health & Beauty, Baby, Houusehold, Homewares, Entertainment, Clothing & Accs, Batteries, Diy, Toys, Party, Pet Care, Stationery, Hobbies etc...I think is a good business idea.
Because nowadays all the things is so expensive everywhere around the world, although many companies have many seasonal sale or final sale, but actually it is still so expensive and it haven't decreas the price a lot at all. So this business idea is quite good.

There are some strengths,for example it will be more customers to buy the products because it is in a cheap price now, it can selled the products in a more more cheaper price before it expiry, the production cost or import cost will be more cheaper if have a huge amount of production, it can decrease the incidence of the customers nowaday because of the inflation these few years.
But also there are some weaknesses, for example the product is inferior goods,it's not in a good quantity or maybe just very rude handicraft.
But overall, i think that idea is very good!

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