How Self Storage can increase Profits for Retailers
Every square metre of retail space is valuable from the corner store with rents from $500 per square metre up to major shopping centres like Woden Plaza and Tuggeranong Mall where rents can be from $2000-$5000 per square metre, optimising that space is essential to increase profits for retailers.
How can Self Storage help? Our Self Storage facilities at Capital have a range of spaces, commonly retailers use spaces from 3 x 3 up to 6 x 9 to store excess stock and promotional materials.
Let’s have a look at the real value of a Self Storage space like a 3 x 3.
Commonly, large distributors offer special deals for bulk purchases of products like soft drinks, water, white goods, furniture and much more. A recent deal that was revealed was by to buy 100 cases of a particular brand soft drink and receive 50 free.
All well and good if you have the space in your small coffee shop to store the extra 50 cartons of drink. Using a Self Storage space at Capital could mean that you could accept that deal and “dollar cost average” across 150 cartons instead of 100. The storage fees per bottle would be less than one cent per month. Not worth calculating!
Self Storage is ideal to taking advantage of special supplier deals like this. Larger retailers especially white goods are often exposed to special deals on white goods where flatscreen TVs and other bonus products are added to the sale. These bonus products take up additional space and that’s where a Self Storage space can deliver extra profit through taking advantage of the deal.
Ask us how we can assist you by storing your deal stock and excess stock in our Self Storage facility. With our great access, it’s easy to grab the stock each day and restock your store.
Whilst large shopping centres often provide a small storage space in the shopping centre it is well-known that these spaces are often very small and are in conveniently located within the Centre. Our facilities are close by and with easy access, restocking your store is easy.