Tom checked out a new location for his third bin store. He then describes his business to the real eastate broker.
Bin stores are the latest trend to ramp up in the extreme discount retail environment. How does bin store work? Well, these are discount stores that use primarily inventory from liquidation. There is so much advantage in having a bin store as compared to traditional retailers because smaller capital costs is needed, no expensive fixtures, and no extensive marketing because who doesn’t get attracted to cheap yet awesome stuff, right?
If you are an aspiring entrepreneur, all you need to start a bin store are Amazon pallets for inventory, large containers to hold product, and a checkout counter. These are all the factors Tom consider and discussed in this vlog.
amazon binstore BStock consignment costco craigslist Depop ebay Ecommerce Etsy FedEx Goodwill inkfrog liquidation Mercari motivation PalletSales PalletsMarket pawnshop Poshmark Salvation Army Shipping Sourcing Target ThredUP thrifting thriftstore truckloads UPS USPS VirtualAssistants
No responses yet