Make A Profit Selling Reusable Grocery Bags
First, Find The Bags
The only way to make money is to provide something of a monetary value to people who need it or want it. In today's society many people want reusable grocery bags instead of using the paper or plastic bags that stores provide. People are generally will to spend a few dollars on a well made grocery bag that they can use over and over again. The trick is to find out how much to charge, where to order your bags from and how to make them desirable other then just being good for the environment.
There are several companies out there that will sell you reusable grocery bags at whole sale prices with a simple image and some basic text. The average number of colors to chose from is around 10 and most only have a few styles to pick from. However, one company stands out from the rest, Holden Bags. They have the largest selection of styles, over 25 colors to chose from and you are able to have your business logo and your text on the bags.
Next, Sell Them
Once you have purchased your bags and received your order, you have to market them to your customers and have a price. Pricing them is pretty easy. Take the cost to have them made, printed on and shipped to you then divide that by the number of bags in that order. This will you your base cost. Pricing them at anything over your cost will get you profit. Marketing your bags is a little more tricky.
As you have probably noticed at grocery stores, the reusable grocery bags are located near the registers at the front of the store. This is a great strategy because it is in an area where customers make the post impulse buys. Depending on your business and the types of items you sell will determine where you place your bags.Also, another way to market your reusable grocery bags is to give customers an incentive to buy them. Some stores give a discount on the customers purchases if they use a reusable bag when they shop while others give $0.05 up to $0.25 credit for each bag a customer uses.
Again, everything is based off of your business and what your business provides but selling reusable grocery bags you will not only be able to have customers carrying your business logo every time they go shopping but also do your part to help the environment. Buying your bags wholesale will not only save you money when it comes to cost but it will also raise your profit margins.