Profitability and customer satisfaction are pillars holding success in business operations. Stocking up your hardware store with trending products ensures customers get what they want when needed. That means your inventory should consist of items that are in demand and will remain popular. You will stay competitive and satisfy your customers with their shopping experience.
While not all markets are the same, some products are in demand in every corner of the world. Prioritizing them in your inventory ensures you have sufficient stock to meet customer needs and be competitive. Also, you can have the upper hand over other hardware stores that may not stock some products. Here are some trending tools you should add to a hardware store.
1. Power Cords
Every household uses electrical appliances. TV sets, computers, refrigerators, and washing machines use electric power to operate. Electric cables are vital in everyday use. Add them to your store to ensure customers get what they need for their devices. Also, everyone would want to keep some spares to keep their machines and equipment running if one becomes faulty.
Stock all types of power cords for different electronics. You will never tell when a customer will come looking for a replacement for their camera or toaster. Extension cords also help many families and offices access power where the outlet position is far from the working desk. Add a 30 amp power strip to your stock to help people power more gadgets concurrently and improve their working efficiency.
2. Hand Tools
DIY skills are essential for everyone to keep their home, office, and machines working fine. Such tricks can save the day when your expert or technician has not arrived. For instance, a leaking faucet can cause flooding and damage furniture, but a handyman with the correct tools will quickly fix it. Also, that saves the expenses of calling a plumber who will bill you high costs because of an emergency and an hourly rate for a job that takes three minutes.
Handy tools include screwdrivers, pliers, hammers, saws, and utility knives. These tools have multiple uses apart from fixing things. They can help you join or assemble furniture, cut wood, and remove bolts. Have you ever wanted to move something but realized you must adjust the position of the shelf? The hammer and saw will help you with that.
3. Plungers
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Clogged pipes and sinks are a nightmare for every homeowner. Get up at 2 am only to discover your toilet blocked and your efforts to unclog it have failed? A plunger is vital to push the blockage out. Failure to do that will cause a sticking mess with no option to release yourself the whole night until a plumber arrives.
Stock plungers of different sizes and shapes to ensure your customers are ready to tackle any problem that arises. Also, they are easy to use and require no expertise. Stocking them in your hardware store is a great way to help customers have an excellent plumbing experience.
4. Hinges and Latches
Can you drive a mile without noticing a new house under construction? Well, it will depend on where you live. Everywhere is building, and that requires new doors and windows. The inner rooms do not require electric doors that slide and open with a command. They use hinges and latches that people hook and pull to either close or open.
A broken hinge can cause a misaligned or failed door that cannot open and may need replacement. Also, you cannot lock your door and have some privacy without locks and latches. Like power cords, hinges and latches are necessary for every household. Stocking them in your hardware store is a sure way to ensure you make extra sales. Recommending a quality latch or hinge also shows that you understand your stock. It will boost your customer loyalty and sales.
5. Padlocks
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Who said that padlocks are for warehouses? They are also vital in homes and offices. You can use them to secure your bike, gym locker, gates, toolbox, and cabinets. Unlike regular locks, you do not need a key to open the padlock; instead, you only need a numeric or alphanumeric combination. That makes them more secure and reliable for outdoor use because losing the key is not a problem.
Padlocks are essential for homes with teenagers. Children are curious and want to explore everything they come across. You want to lock dangerous chemicals, such as acids and cans of paint, in a secure place. Also, padlocks are helpful in offices and warehouses to secure the stock from thieves and vandals. Stocking them in your hardware store will guarantee extra sales from customers. Consider the common brands that people know and can easily find a combination of.
6. Plastic Containers
You may have heard them shout that plastic is disastrous! Pause. Think how the world would be without plastic. Computer monitor frames made from aluminum, glass electric pipes and sockets, and other items would complicate our lives more. Going outdoors without a plastic bottle of water would be hard too.
Plastic containers are essential in every aspect. And to you as a hardware store owner, they are an excellent product that guarantees extra sales. Customers use them to store nails, screws, and other small items in the garage or the workshop. Also, plastic containers have multiple uses, such as when camping and storing food in the refrigerator. Understand your customer needs and stock quality plastic containers of different sizes and shapes.
Summing Up
A hardware store is the first stop for any homeowner who needs a tool to make their life easier. Stocking your store with the necessary tools should be your priority. Consider power cords, hammers, hinges, latches, and padlocks. Customers will come looking for quality, so ensure you recommend the best items in the market. Also, remember to stock plastic containers for customers to store their small items. Doing this will guarantee you extra sales in your hardware store.
Hi I'm Rebecca best known for my blogs around the business Industry with an added expertise in the health niche. I was born in Ohio and worked as a teacher and researcher before becoming a full-time content writer. In my part time I love to travel and try out my cooking skills. I hope you enjoy my articles and I welcome your comments, shares and likes.
