If you supply paint, paint brushes and rollers to your customers, you could face a lot of competition. For example, larger distributors may try to lower prices just to steal customers away from you. There are many things which affect this kind of business, and if you want to increase profits, you have to sell more supplies. These tips are here to help.
Expansion
Often times, a business will expand and add locations when business is booming. However, expansion is also a great way to increase business. For example, if you are located in a northern part of the country, consider adding a location in the south. The climate there is warmer, and they have a longer exterior painting season, so you may naturally sell more paint, paint brushes and rollers.
When you add a new location, make sure it is in a central part of the city. This is a good business practice for three reasons:
- If you make deliveries, you can reach everyone within a reasonable amount of time.
- You can create more efficient delivery routes.
- Customers will not have to travel too far to pick up goods.
Improving Customer Service
No matter what kind of businesses you deal with, everyone appreciates efficient and friendly personal service. This could be a good time to examine your customer service department and look for ways you can improve things. It usually costs nothing to deliver better service to customers. This is one of the best (and most cost-effective) strategies for selling more paint, paint brushes and rollers and increasing company profits.
Private Branding
It may be easier than you think to offer your own brands to customers. This is a good way to instill confidence and present a professional appearance. Private branding is one of the most efficient ways to improve your business.
