How to Open a Bottle Shop

Corollarily referred to as bottle shops, bottle shop sell alcoholic beverages like liquor, beer and wine to Australian consumers across the nation. They are either independently owned shops or a part of an existing retail establishment.

Many bottle shop owners have made a significant amount of money in the past and continue to do so. However, opening an alcohol retailing business involves a significant financial investment. This is especially true when you compare it to other businesses such as a restaurant that needs only food and the employees to operate profitably. The success of an alcohol retailing business is largely dependent on the quality of the product that it sells and the number of people who patronize it.

There are several ways that you can increase your chances of becoming a successful bottle shop owner and one of them is by ensuring that you have an efficient inventory tracking system. This is because an item-tracking system allows you to keep track of the stocks that you have in stock and also an overview of the inventory that you have in the immediate future. The information that you gain from these two systems can easily guide you to the right direction when it comes to stocking your shop with the right items to attract customers and at the same time minimize your risks of being robbed.

Before you can stock the bottles that you will sell in your store, you need to determine the types of liquids that your customers prefer. The most common items that end up in a bottle shop are wine, beer and liquor. Based on the preferences of your customers, you can easily stock different types of alcoholic beverages and even mix the types to see what works for you. Keep in mind that you do not necessarily stock every type of beverage in your shop. You can stick to the more popular types of beverages such as beer and liquor and leave other types of beverages such as wine or vodka on the back burner.

By knowing which types of alcohol are consumed regularly by your target market, you will be able to determine which products to stock in your shop. This is important since some people are only able to have a single drink while others may be consuming it frequently. For example, a casual drinker may only be able to have a single drink while a party animal may want to have several drinks at once. Knowing which types of alcoholic beverages your customer prefers, will help you decide on the appropriate items to stock in your bottle shop.

It is also important to stock alcohol in your bottle shop according to the price level of your target market. There are cheaper priced drinks that are easily consumed elsewhere and cheaper priced ones that are better for parties and social gatherings. By offering cheaper priced drinks, you can increase your profits since the cost of alcohol is lower compared to other higher-priced brands of alcoholic drinks.

In addition to stocking cheaper priced, but still popular brands of liquor, you should also stock cold drinks. Cold beers, mixed drinks, and other varieties can make your customers enjoy their visit even more. If you serve mixed drinks in your bottle shop, you should also stock other kinds of mixed drinks such as juice mixes and fruit juices. Juice blends are especially popular among younger customers and they will love them. If you offer a wide variety of different juices, you will be able to attract a diverse customer base.