Traditional Culture Encyclopedia - Traditional virtues - How is the convenience store profitable?
How is the convenience store profitable?
1. Commodity sales: Convenience stores earn income by selling daily necessities, food, drinks and other commodities. Among them, some high-end brands have higher commodity prices and can bring higher profits.
2. Advertising revenue: Convenience stores usually post advertisements inside or outside the store to attract more customers. In addition, some convenience stores will also provide advertising space rental services for a certain fee.
3. Logistics services: Convenience stores can provide express collection, dry cleaning, printing and other services to earn more customers.
4. Membership system: Convenience stores can attract more customers and improve customer loyalty and repurchase rate by introducing membership system.
5. Other income: Convenience stores can also obtain other income by selling or renting stores.
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