Why Food At The Dollar Store Is Really So Cheap

How are dollar stores are able to sell food for so cheap and still turn a profit? The answer to that question is a calculated formula that dollar stores have devised to keep prices low, and we're going to break it down.

Location is the name of the game in business and if a company wants to be in the busy part of town it's going to cost them. However, it's not uncommon to see dollar stores in lower-income sections of a city, or in a totally rural area. It's a smart business move, and choosing to operate in areas that Target, Walmart, or Whole Foods won't bother to go has proven highly effective for the growth of dollar stores.

Opening and operating in these areas is simply less expensive and this helps keep prices down. Many dollar stores don't buy the land their stores are on either, which means that if they're not doing well, they can just pick up and move. If a Dollar General can keep the lights on and skip out on the pricey property taxes that a Publix is going to pay, it's going to be able to sell its food for much cheaper.

Watch the video to learn why food at the dollar store is really so cheap!

#DollarStore #Food #FoodHacks

Location, location, location | 0:11
Selling their own brands | 0:50
Smaller sizes | 1:43
Cheap doesn't necessarily mean terrible | 2:34
Buying power | 3:18

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